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Side-by-side financial comparison of Castellum, Inc. (CTM) and Genasys Inc. (GNSS). Click either name above to swap in a different company.

Genasys Inc. is the larger business by last-quarter revenue ($17.1M vs $12.6M, roughly 1.4× Castellum, Inc.). Genasys Inc. runs the higher net margin — -4.8% vs -10.5%, a 5.7% gap on every dollar of revenue. On growth, Genasys Inc. posted the faster year-over-year revenue change (145.9% vs 21.9%). Over the past eight quarters, Genasys Inc.'s revenue compounded faster (72.4% CAGR vs 5.3%).

Castellum, Inc. is a U.S.-based cybersecurity and information technology services provider. It caters to government defense agencies, public sector entities, and commercial enterprise clients, offering threat detection, data protection, cloud security, and managed IT solutions to help organizations mitigate cyber risks and safeguard critical digital infrastructure.

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...

CTM vs GNSS — Head-to-Head

Bigger by revenue
GNSS
GNSS
1.4× larger
GNSS
$17.1M
$12.6M
CTM
Growing faster (revenue YoY)
GNSS
GNSS
+124.0% gap
GNSS
145.9%
21.9%
CTM
Higher net margin
GNSS
GNSS
5.7% more per $
GNSS
-4.8%
-10.5%
CTM
Faster 2-yr revenue CAGR
GNSS
GNSS
Annualised
GNSS
72.4%
5.3%
CTM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CTM
CTM
GNSS
GNSS
Revenue
$12.6M
$17.1M
Net Profit
$-1.3M
$-817.0K
Gross Margin
33.9%
48.0%
Operating Margin
-11.1%
-2.1%
Net Margin
-10.5%
-4.8%
Revenue YoY
21.9%
145.9%
Net Profit YoY
51.8%
80.0%
EPS (diluted)
$-0.02
$-0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CTM
CTM
GNSS
GNSS
Q4 25
$12.6M
$17.1M
Q3 25
$14.6M
$17.0M
Q2 25
$14.0M
$9.9M
Q1 25
$11.7M
$6.9M
Q4 24
$10.3M
$6.9M
Q3 24
$11.6M
$6.7M
Q2 24
$11.5M
$7.2M
Q1 24
$11.3M
$5.7M
Net Profit
CTM
CTM
GNSS
GNSS
Q4 25
$-1.3M
$-817.0K
Q3 25
$415.4K
$-1.4M
Q2 25
$-322.1K
$-6.5M
Q1 25
$-1.2M
$-6.1M
Q4 24
$-2.7M
$-4.1M
Q3 24
$-1.3M
$-11.4M
Q2 24
$-1.8M
$-6.7M
Q1 24
$-4.1M
$-6.9M
Gross Margin
CTM
CTM
GNSS
GNSS
Q4 25
33.9%
48.0%
Q3 25
37.6%
50.3%
Q2 25
36.1%
26.3%
Q1 25
39.0%
37.7%
Q4 24
40.0%
45.8%
Q3 24
42.7%
40.8%
Q2 24
40.6%
52.8%
Q1 24
39.8%
37.9%
Operating Margin
CTM
CTM
GNSS
GNSS
Q4 25
-11.1%
-2.1%
Q3 25
3.0%
7.7%
Q2 25
-2.7%
-60.1%
Q1 25
-12.7%
-90.2%
Q4 24
-15.7%
-85.6%
Q3 24
-11.9%
-105.8%
Q2 24
-13.6%
-74.8%
Q1 24
-23.6%
-121.9%
Net Margin
CTM
CTM
GNSS
GNSS
Q4 25
-10.5%
-4.8%
Q3 25
2.8%
-8.3%
Q2 25
-2.3%
-65.8%
Q1 25
-10.0%
-88.6%
Q4 24
-26.6%
-58.8%
Q3 24
-11.0%
-168.9%
Q2 24
-16.0%
-93.2%
Q1 24
-36.3%
-120.9%
EPS (diluted)
CTM
CTM
GNSS
GNSS
Q4 25
$-0.02
$-0.02
Q3 25
$0.00
$-0.03
Q2 25
$0.00
$-0.14
Q1 25
$-0.01
$-0.14
Q4 24
$-0.05
$-0.09
Q3 24
$-0.02
$-0.26
Q2 24
$-0.03
$-0.15
Q1 24
$-0.08
$-0.16

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CTM
CTM
GNSS
GNSS
Cash + ST InvestmentsLiquidity on hand
$10.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$35.8M
$1.8M
Total Assets
$41.9M
$67.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTM
CTM
GNSS
GNSS
Q4 25
$10.3M
Q3 25
$8.0M
Q2 25
$5.5M
Q1 25
$7.1M
Q4 24
$13.6M
Q3 24
$12.9M
Q2 24
$12.7M
Q1 24
$6.6M
Total Debt
CTM
CTM
GNSS
GNSS
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$8.0M
Q3 24
$8.3M
Q2 24
$8.7M
Q1 24
$9.0M
Stockholders' Equity
CTM
CTM
GNSS
GNSS
Q4 25
$35.8M
$1.8M
Q3 25
$36.7M
$2.2M
Q2 25
$31.8M
$3.2M
Q1 25
$26.1M
$8.1M
Q4 24
$20.2M
$13.7M
Q3 24
$12.0M
$17.6M
Q2 24
$12.1M
$28.5M
Q1 24
$12.8M
$34.9M
Total Assets
CTM
CTM
GNSS
GNSS
Q4 25
$41.9M
$67.6M
Q3 25
$46.3M
$63.9M
Q2 25
$43.4M
$57.4M
Q1 25
$41.1M
$49.7M
Q4 24
$37.8M
$54.6M
Q3 24
$28.8M
$53.9M
Q2 24
$29.5M
$59.4M
Q1 24
$30.5M
$51.0M
Debt / Equity
CTM
CTM
GNSS
GNSS
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.40×
Q3 24
0.69×
Q2 24
0.72×
Q1 24
0.70×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CTM
CTM
GNSS
GNSS
Operating Cash FlowLast quarter
$-661.7K
$7.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTM
CTM
GNSS
GNSS
Q4 25
$-661.7K
$7.2M
Q3 25
$1.0M
$2.5M
Q2 25
$214.2K
$-5.9M
Q1 25
$-2.5M
$-6.3M
Q4 24
$-394.4K
$947.0K
Q3 24
$742.2K
$556.0K
Q2 24
$748.6K
$-7.5M
Q1 24
$23.7K
$-6.8M
Free Cash Flow
CTM
CTM
GNSS
GNSS
Q4 25
Q3 25
$957.0K
$2.5M
Q2 25
$-5.9M
Q1 25
$-6.5M
Q4 24
$878.0K
Q3 24
$738.9K
$526.0K
Q2 24
$-7.5M
Q1 24
$-6.8M
FCF Margin
CTM
CTM
GNSS
GNSS
Q4 25
Q3 25
6.5%
14.5%
Q2 25
-59.9%
Q1 25
-93.4%
Q4 24
12.7%
Q3 24
6.4%
7.8%
Q2 24
-105.0%
Q1 24
-118.1%
Capex Intensity
CTM
CTM
GNSS
GNSS
Q4 25
0.0%
Q3 25
0.3%
0.2%
Q2 25
0.1%
Q1 25
2.2%
Q4 24
0.0%
1.0%
Q3 24
0.0%
0.4%
Q2 24
0.0%
0.1%
Q1 24
0.0%
0.2%
Cash Conversion
CTM
CTM
GNSS
GNSS
Q4 25
Q3 25
2.41×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CTM
CTM

Segment breakdown not available.

GNSS
GNSS

Hardware$14.8M87%
Software$2.3M13%

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