ReposiTrak Reports Q2 Earnings, Highlights Traceability Challenges

Company emphasizes progress toward recurring SaaS model and improving profitability, while discussing operational hurdles of food traceability data accuracy.

Published on Feb. 20, 2026

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ReposiTrak (NYSE:TRAK) reported fiscal second-quarter 2026 results, with executives emphasizing continued progress toward a predominantly recurring SaaS model and improving profitability. Much of the call focused on the operational challenges of food traceability, particularly data accuracy, and the company's approach to addressing these issues through new patents.

Why it matters

As a leading provider of supply chain compliance and transparency solutions, ReposiTrak's performance and strategies around traceability are closely watched by the industry. The company's ability to tackle data accuracy challenges could have significant implications for food safety, sustainability, and regulatory compliance across the supply chain.

The details

ReposiTrak reported a 7% year-over-year increase in Q2 revenue to $5.9 million, with income from operations rising 34% to $1.8 million. The company also detailed capital allocation activities, including share repurchases, preferred share redemptions, and dividend increases. However, much of the discussion centered on the operational challenges of food traceability, with CEO Randy Fields noting that supplier data accuracy issues can result in error rates as high as 50-70%. ReposiTrak is seeking to address this through the use of AI-powered tools to detect and automatically correct errors, which it is seeking to protect with new patents.

  • ReposiTrak reported fiscal Q2 2026 results on February 18, 2026.
  • The company declared a quarterly dividend of $0.02 per share on December 19, 2025, payable on or about February 14, 2026.

The players

ReposiTrak

A provider of cloud-based supply chain compliance and transparency solutions, trading on the New York Stock Exchange under the symbol TRAK.

John Merrill

Chief Financial Officer of ReposiTrak.

Randy Fields

Chairman and CEO of ReposiTrak.

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What they’re saying

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What’s next

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The takeaway

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