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BIO-key Q1 revenue up 34%, net loss narrows; expects Q2 profit on 65% revenue growth

Company Fundamentals
18 May 2026
GlobeNewsWire
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Bullish
pluang ai news

BIO-key International reported a 34% revenue increase to $2.15 million in Q1 2026 and narrowed its net loss to $165,000 from $737,000 a year earlier. The company expects Q2 revenues to rise 65% to about $2.8 million, aiming for profitability in the first half of 2026. Growth is driven by expanded biometric identity license renewals, defense sector orders, and new partnerships in finance and government sectors. Despite a Nasdaq suspension, BIO-key remains optimistic about strong revenue growth and improved financial performance for the full year.

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