GNSS

MKT CAP:$85M

Genasys Inc.

Market Cap

$85M

Technology·Hardware, Equipment & Parts·🇺🇸 United States·NASDAQ

Technology·Hardware,·🇺🇸·NASDAQ

Stock Price

$1.89-$0.29 (-13.30%)

Apr 21, 2026

Company Details

Genasys Inc. a global provider of critical communications hardware and software solutions worldwide. The company operates through two segments, Hardware and Software. It provides long range acoustic devices, such as acoustic hailing devices...

CEO

Cassandra Hernandez-Monteon

IPO Date

Apr 4, 1994

Website

genasys.com

Key Metrics TTM

Revenue

$51M

+91.4% YoY

Net Income

-$15M

EPS (Diluted)

-$0.33

Free Cash Flow

-$3M

Revenue / Share

$1.13

Gross Margin

43.2%

Operating Margin

-22.1%

Net Margin

-29.2%

FCF Margin

-5.3%

P/S

1.7x

P/E

—

Earnings Reports

Q2 2026

May 12, 2026

PENDING

Q1 2026

Feb 10, 2026

$17M+145.9%EPS -$0.02

FY 2025

Dec 15, 2025

$41M+69.8%EPS -$0.40

Q4 2025

Dec 15, 2025

$17M+152.6%EPS -$0.03

Q3 2025

Aug 14, 2025

$10M+37.5%EPS -$0.14

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$13M	$7M	-$527.0K
Q3 22	$14M	$7M	-$629.0K
Q4 22	$16M	$8M	-$13M
Q1 23	$10M	$5M	-$3M
Q2 23	$11M	$5M	-$3M
Q3 23	$14M	$7M	-$1M
Q4 23	$11M	$5M	-$3M
Q1 24	$4M	$1M	-$7M
Q2 24	$6M	$2M	-$7M
Q3 24	$7M	$4M	-$5M
Q4 24	$7M	$3M	-$7M
Q1 25	$7M	$3M	-$6M
Q2 25	$7M	$3M	-$6M
Q3 25	$10M	$3M	-$6M
Q4 25	$17M	$9M	$1M
Q1 26	$17M	$8M	-$352.0K

Valuation

Quarter	P/S	P/E
Q2 22	1.6x	—
Q3 22	1.6x	—
Q4 22	1.6x	—
Q1 23	1.6x	—
Q2 23	1.6x	—
Q3 23	1.6x	—
Q4 23	1.8x	—
Q1 24	2.1x	—
Q2 24	2.4x	—
Q3 24	3.0x	—
Q4 24	3.5x	—
Q1 25	3.2x	—
Q2 25	3.1x	—
Q3 25	2.8x	—
Q4 25	2.1x	—
Q1 26	1.7x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 22	-$405.0K	-$417.0K
Q3 22	$3M	$3M
Q4 22	$1M	$849.0K
Q1 23	-$5M	-$5M
Q2 23	-$3M	-$3M
Q3 23	-$5M	-$5M
Q4 23	$3M	$3M
Q1 24	-$6M	-$6M
Q2 24	-$7M	-$7M
Q3 24	-$8M	-$8M
Q4 24	$556.0K	$526.0K
Q1 25	$947.0K	$878.0K
Q2 25	-$6M	-$6M
Q3 25	-$6M	-$6M
Q4 25	$3M	$2M
Q1 26	$7M	$7M

Capital Expenditures

Quarter	CapEx
Q2 22	$12.0K
Q3 22	$20.0K
Q4 22	$190.0K
Q1 23	$98.0K
Q2 23	$59.0K
Q3 23	$72.0K
Q4 23	$10.0K
Q1 24	$142.0K
Q2 24	$11.0K
Q3 24	$8.0K
Q4 24	$30.0K
Q1 25	$69.0K
Q2 25	$155.0K
Q3 25	$0
Q4 25	$42.0K
Q1 26	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	+16.5%	+27.4%
Q3 22	+12.1%	+22.1%
Q4 22	+6.6%	+100.8%
Q1 23	-1.8%	+13.7%
Q2 23	-14.8%	+6.8%
Q3 23	+0.8%	+6.3%
Q4 23	-33.3%	-53.7%
Q1 24	-58.4%	-17.1%
Q2 24	-48.8%	-12.9%
Q3 24	-49.7%	-20.3%
Q4 24	-37.0%	+4.0%
Q1 25	+59.1%	+11.1%
Q2 25	+20.8%	+3.6%
Q3 25	+37.5%	+26.0%
Q4 25	+152.6%	+13.3%
Q1 26	+145.9%	+35.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 22	$737.0K	5.6%
Q3 22	$355.0K	2.5%
Q4 22	$577.0K	3.6%
Q1 23	$420.0K	4.0%
Q2 23	$513.0K	4.6%
Q3 23	$396.0K	2.8%
Q4 23	$313.0K	2.9%
Q1 24	$446.0K	10.2%
Q2 24	$524.0K	9.1%
Q3 24	$299.0K	4.2%
Q4 24	$383.0K	5.7%
Q1 25	$391.0K	5.6%
Q2 25	$414.0K	6.0%
Q3 25	$459.0K	4.7%
Q4 25	$399.0K	2.3%
Q1 26	$419.0K	2.5%

OpEx Breakdown

Quarter	R&D	SG&A
Q2 22	$2M	$6M
Q3 22	$2M	$6M
Q4 22	$2M	$6M
Q1 23	$2M	$6M
Q2 23	$2M	$6M
Q3 23	$2M	$6M
Q4 23	$2M	$6M
Q1 24	$2M	$7M
Q2 24	$3M	$7M
Q3 24	$2M	$7M
Q4 24	$2M	$7M
Q1 25	$2M	$7M
Q2 25	$2M	$7M
Q3 25	$2M	$6M
Q4 25	$2M	$6M
Q1 26	$2M	$7M

Revenue Segments

Quarter	Product	Service
Q2 22	$12M	$1M
Q3 22	$13M	$1M
Q1 24	$2M	$2M
Q2 24	$3M	$3M
Q3 24	$5M	$3M
Q1 25	$4M	$3M
Q2 25	$3M	$4M
Q3 25	$7M	$3M
Q1 26	$14M	$3M

Revenue by Geography

Quarter	Americas	Asia Pacific	Emea
Q2 22	$10M	$2M	$926.0K
Q3 22	$13M	$514.0K	$964.0K
Q1 25	$5M	$1M	$1M
Q2 25	$6M	$400.0K	$612.0K
Q3 25	$9M	$455.0K	$616.0K
Q1 26	$13M	$2M	$2M

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$9M	$5M	$14M
Q3 22	$12M	$5M	$17M
Q4 22	$13M	$6M	$19M
Q1 23	$8M	$7M	$14M
Q2 23	$6M	$6M	$12M
Q3 23	$3M	$4M	$7M
Q4 23	$9M	$1M	$10M
Q1 24	$5M	$9M	$14M
Q2 24	$4M	$3M	$7M
Q3 24	$9M	$4M	$13M
Q4 24	$5M	$8M	$13M
Q1 25	$8M	$5M	$14M
Q2 25	$6M	$1M	$7M
Q3 25	$5M	$120.0K	$5M
Q4 25	$8M	$70.0K	$8M
Q1 26	$10M	$30.0K	$10M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	36M	-0.3%	+4.5%
Q3 22	37M	+0.6%	+3.7%
Q4 22	36M	-0.2%	-2.0%
Q1 23	37M	+0.6%	+0.7%
Q2 23	37M	+0.3%	+1.3%
Q3 23	37M	+0.6%	+1.3%
Q4 23	37M	+0.4%	+1.9%
Q1 24	44M	+17.6%	+19.2%
Q2 24	44M	+1.2%	+20.2%
Q3 24	45M	+0.8%	+20.4%
Q4 24	44M	-0.3%	+19.5%
Q1 25	45M	+1.0%	+2.7%
Q2 25	45M	+0.2%	+1.7%
Q3 25	45M	+0.3%	+1.2%
Q4 25	45M	-0.0%	+1.6%
Q1 26	45M	+0.1%	+0.6%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 22	$89.0K	148
Q3 22	$95.6K	148
Q4 22	$93.2K	172
Q1 23	$61.0K	172
Q2 23	$65.2K	172
Q3 23	$82.9K	172
Q4 23	$57.2K	187
Q1 24	$23.3K	187
Q2 24	$30.7K	187
Q3 24	$38.3K	187
Q4 24	$33.4K	202
Q1 25	$34.4K	202
Q2 25	$34.3K	202
Q3 25	$48.8K	202
Q4 25	$91.1K	187
Q1 26	$91.3K	187

Revenue / Employee