Genasys Inc.GNSSEarnings & Financial Report
Genasys Inc. is based in San Diego, California. Its long-range acoustic device (LRAD) products are used for long-range acoustic hailing and mass notification. Its software-as-a-service products Genasys Protect and Evertel are used for zone-based multi-channel communication and secure messaging and collaboration, respectively. Genasys Acoustics are integrated speakers used to send long range voice broadcasts. The company was previously named American Technology Corporation (ATC) until 2010 and...
Revenue
$6.7M
Gross Profit
$2.7M
Operating Profit
$-7.1M
Net Profit
$-11.4M
Gross Margin
40.8%
Operating Margin
-105.8%
Net Margin
-168.9%
YoY Growth
-37.0%
EPS
$-0.26
Genasys Inc. Q4 FY2024 Financial Summary
Genasys Inc. reported revenue of $6.7M (down 37.0% YoY) for Q4 FY2024, with a net profit of $-11.4M (down 13.1% YoY) (-168.9% margin). Cost of goods sold was $4.0M, operating expenses totaled $9.9M.
Key Financial Metrics
| Total Revenue | $6.7M |
|---|---|
| Net Profit | $-11.4M |
| Gross Margin | 40.8% |
| Operating Margin | -105.8% |
| Report Period | Q4 FY2024 |
Revenue Breakdown
Genasys Inc. Q4 FY2024 revenue of $6.7M breaks down across 2 segments, led by Products at $4.4M (65.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Products | $4.4M | 65.8% |
| Services | $2.3M | 34.2% |
Genasys Inc. Annual Revenue by Year
Genasys Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $40.8M).
| Year | Annual Revenue |
|---|---|
| 2025 | $40.8M |
| 2024 | $24.0M |
| 2023 | $46.7M |
| 2022 | $54.0M |
Genasys Inc. Quarterly Revenue & Net Profit History
Genasys Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $17.1M | +145.9% | $-817.0K | -4.8% |
| Q4 FY2025 | $17.0M | +152.6% | $-1.4M | -8.3% |
| Q3 FY2025 | $9.9M | +37.5% | $-6.5M | -65.8% |
| Q2 FY2025 | $6.9M | +20.8% | $-6.1M | -88.6% |
| Q1 FY2025 | $6.9M | +59.1% | $-4.1M | -58.8% |
| Q4 FY2024 | $6.7M | -37.0% | $-11.4M | -168.9% |
| Q3 FY2024 | $7.2M | -49.7% | $-6.7M | -93.2% |
| Q2 FY2024 | $5.7M | -48.8% | $-6.9M | -120.9% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.7M | $7.2M | $6.7M | $6.9M | $6.9M | $9.9M | $17.0M | $17.1M |
| YoY Growth | -48.8% | -49.7% | -37.0% | 59.1% | 20.8% | 37.5% | 152.6% | 145.9% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $51.0M | $59.4M | $53.9M | $54.6M | $49.7M | $57.4M | $63.9M | $67.6M |
| Liabilities | $16.1M | $30.9M | $36.4M | $41.0M | $41.7M | $54.2M | $61.7M | $65.8M |
| Equity | $34.9M | $28.5M | $17.6M | $13.7M | $8.1M | $3.2M | $2.2M | $1.8M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-6.8M | $-7.5M | $556000 | $947000 | $-6.3M | $-5.9M | $2.5M | $7.2M |