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

Ispire Technology Inc. is the larger business by last-quarter revenue ($20.3M vs $17.1M, roughly 1.2× Genasys Inc.). Genasys Inc. runs the higher net margin — -4.8% vs -32.5%, a 27.8% gap on every dollar of revenue. On growth, Genasys Inc. posted the faster year-over-year revenue change (145.9% vs -51.5%). Over the past eight quarters, Genasys Inc.'s revenue compounded faster (72.4% CAGR vs -17.8%).

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...

Ispire Technology Inc. is a global tech firm specializing in R&D, manufacturing and sales of advanced vaporization hardware and supporting consumables. It serves nicotine and legal cannabis consumer markets, operates two core segments of hardware and branded cannabis products, covers North America, Europe and Asia-Pacific, delivering compliant innovative vapor solutions for B2B partners and end users.

GNSS vs ISPR — Head-to-Head

Bigger by revenue
ISPR
ISPR
1.2× larger
ISPR
$20.3M
$17.1M
GNSS
Growing faster (revenue YoY)
GNSS
GNSS
+197.4% gap
GNSS
145.9%
-51.5%
ISPR
Higher net margin
GNSS
GNSS
27.8% more per $
GNSS
-4.8%
-32.5%
ISPR
Faster 2-yr revenue CAGR
GNSS
GNSS
Annualised
GNSS
72.4%
-17.8%
ISPR

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
GNSS
GNSS
ISPR
ISPR
Revenue
$17.1M
$20.3M
Net Profit
$-817.0K
$-6.6M
Gross Margin
48.0%
17.1%
Operating Margin
-2.1%
-33.9%
Net Margin
-4.8%
-32.5%
Revenue YoY
145.9%
-51.5%
Net Profit YoY
80.0%
17.4%
EPS (diluted)
$-0.02
$-0.12

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
GNSS
GNSS
ISPR
ISPR
Q4 25
$17.1M
$20.3M
Q3 25
$17.0M
$30.4M
Q2 25
$9.9M
$20.1M
Q1 25
$6.9M
$26.2M
Q4 24
$6.9M
$41.8M
Q3 24
$6.7M
$39.3M
Q2 24
$7.2M
$37.3M
Q1 24
$5.7M
$30.0M
Net Profit
GNSS
GNSS
ISPR
ISPR
Q4 25
$-817.0K
$-6.6M
Q3 25
$-1.4M
$-3.3M
Q2 25
$-6.5M
$-14.8M
Q1 25
$-6.1M
$-10.9M
Q4 24
$-4.1M
$-8.0M
Q3 24
$-11.4M
$-5.6M
Q2 24
$-6.7M
$-3.5M
Q1 24
$-6.9M
$-5.9M
Gross Margin
GNSS
GNSS
ISPR
ISPR
Q4 25
48.0%
17.1%
Q3 25
50.3%
17.0%
Q2 25
26.3%
12.3%
Q1 25
37.7%
18.2%
Q4 24
45.8%
18.5%
Q3 24
40.8%
19.5%
Q2 24
52.8%
28.3%
Q1 24
37.9%
20.4%
Operating Margin
GNSS
GNSS
ISPR
ISPR
Q4 25
-2.1%
-33.9%
Q3 25
7.7%
-8.9%
Q2 25
-60.1%
-72.7%
Q1 25
-90.2%
-40.4%
Q4 24
-85.6%
-17.6%
Q3 24
-105.8%
-13.4%
Q2 24
-74.8%
-9.2%
Q1 24
-121.9%
-18.8%
Net Margin
GNSS
GNSS
ISPR
ISPR
Q4 25
-4.8%
-32.5%
Q3 25
-8.3%
-10.7%
Q2 25
-65.8%
-73.4%
Q1 25
-88.6%
-41.5%
Q4 24
-58.8%
-19.1%
Q3 24
-168.9%
-14.2%
Q2 24
-93.2%
-9.4%
Q1 24
-120.9%
-19.7%
EPS (diluted)
GNSS
GNSS
ISPR
ISPR
Q4 25
$-0.02
$-0.12
Q3 25
$-0.03
$-0.06
Q2 25
$-0.14
$-0.26
Q1 25
$-0.14
$-0.19
Q4 24
$-0.09
$-0.14
Q3 24
$-0.26
$-0.10
Q2 24
$-0.15
$-0.07
Q1 24
$-0.16
$-0.11

Balance Sheet & Financial Strength

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

Metric
GNSS
GNSS
ISPR
ISPR
Cash + ST InvestmentsLiquidity on hand
$10.3M
$17.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.8M
$-7.7M
Total Assets
$67.6M
$84.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GNSS
GNSS
ISPR
ISPR
Q4 25
$10.3M
$17.6M
Q3 25
$8.0M
$22.7M
Q2 25
$5.5M
$24.4M
Q1 25
$7.1M
$23.5M
Q4 24
$13.6M
$34.4M
Q3 24
$12.9M
$37.7M
Q2 24
$12.7M
$35.1M
Q1 24
$6.6M
$39.5M
Stockholders' Equity
GNSS
GNSS
ISPR
ISPR
Q4 25
$1.8M
$-7.7M
Q3 25
$2.2M
$-1.8M
Q2 25
$3.2M
$604.7K
Q1 25
$8.1M
$14.8M
Q4 24
$13.7M
$24.2M
Q3 24
$17.6M
$30.7M
Q2 24
$28.5M
$34.5M
Q1 24
$34.9M
$35.9M
Total Assets
GNSS
GNSS
ISPR
ISPR
Q4 25
$67.6M
$84.4M
Q3 25
$63.9M
$96.4M
Q2 25
$57.4M
$102.2M
Q1 25
$49.7M
$115.7M
Q4 24
$54.6M
$132.0M
Q3 24
$53.9M
$129.0M
Q2 24
$59.4M
$122.6M
Q1 24
$51.0M
$108.0M

Cash Flow & Capital Efficiency

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

Metric
GNSS
GNSS
ISPR
ISPR
Operating Cash FlowLast quarter
$7.2M
$-4.0M
Free Cash FlowOCF − Capex
$-4.0M
FCF MarginFCF / Revenue
-19.9%
Capex IntensityCapex / Revenue
0.0%
0.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-14.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GNSS
GNSS
ISPR
ISPR
Q4 25
$7.2M
$-4.0M
Q3 25
$2.5M
$-1.2M
Q2 25
$-5.9M
$4.7M
Q1 25
$-6.3M
$-12.5M
Q4 24
$947.0K
$-3.2M
Q3 24
$556.0K
$3.6M
Q2 24
$-7.5M
$-1.4M
Q1 24
$-6.8M
$3.4M
Free Cash Flow
GNSS
GNSS
ISPR
ISPR
Q4 25
$-4.0M
Q3 25
$2.5M
$-1.2M
Q2 25
$-5.9M
$3.7M
Q1 25
$-6.5M
$-12.7M
Q4 24
$878.0K
$-3.2M
Q3 24
$526.0K
$3.3M
Q2 24
$-7.5M
$-2.2M
Q1 24
$-6.8M
$3.3M
FCF Margin
GNSS
GNSS
ISPR
ISPR
Q4 25
-19.9%
Q3 25
14.5%
-3.9%
Q2 25
-59.9%
18.6%
Q1 25
-93.4%
-48.4%
Q4 24
12.7%
-7.7%
Q3 24
7.8%
8.5%
Q2 24
-105.0%
-5.9%
Q1 24
-118.1%
10.9%
Capex Intensity
GNSS
GNSS
ISPR
ISPR
Q4 25
0.0%
0.3%
Q3 25
0.2%
0.0%
Q2 25
0.1%
4.8%
Q1 25
2.2%
0.7%
Q4 24
1.0%
0.1%
Q3 24
0.4%
0.7%
Q2 24
0.1%
2.0%
Q1 24
0.2%
0.3%

Financial Flow Comparison

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

Revenue Breakdown by Segment

GNSS
GNSS

Hardware$14.8M87%
Software$2.3M13%

ISPR
ISPR

Segment breakdown not available.

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