Genasys Inc. (GNSS) Financial Statements
Industry: Household Audio & Video Equipment
In fiscal 2025, Genasys reported revenue of $40.8M, up 69.8% from $24.0M the year before. Net income was -$18.1M (a -44.4% net margin), or -$0.40 per diluted share. Gross margin was 41.6% and operating margin was -41.2%. Operating activities generated -$8.8M of cash, leaving -$9.0M of free cash flow. At fiscal year end, Genasys held $63.9M in total assets against $61.7M in total liabilities, including $8.0M of cash and equivalents.
Open the full interactive Genasys financials → Quarterly statements, key ratios, valuation history and price charts.
Genasys Key Stats
| Share Price | $1.34 |
|---|---|
| Market Cap | $61.0M |
| Revenue YoY Growth | +69.8% |
| 52-Week Range | $1.34 – $2.41 |
| Shares Outstanding | 45.5 million (basic, 2026 Q3) |
Genasys Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $43.0M | $47.0M | $54.0M | $46.7M | $24.0M | $40.8M |
| Gross Profit | $22.6M | $23.4M | $26.3M | $21.8M | $10.2M | $17.0M |
| Operating Income | $6.0M | $1.1M | -$15.5M | -$11.0M | -$26.7M | -$16.8M |
| Pre-Tax Income | $6.2M | $1.1M | -$15.5M | -$11.0M | -$32.1M | -$18.0M |
| Income Tax | -$5.7M | $434,000 | $741,000 | $7.4M | -$405,000 | $119,000 |
| Net Income | $11.9M | $704,000 | -$16.2M | -$18.4M | -$31.7M | -$18.1M |
| Diluted EPS | $0.35 | $0.02 | -$0.44 | -$0.50 | -$0.72 | -$0.40 |
Genasys Quarterly Results
| 2025 Q4 | 2026 Q1 | 2026 Q2 | 2026 Q3 | |
|---|---|---|---|---|
| Revenue | $17.0M | $17.1M | $15.5M | $7.3M |
| Net Income | -$1.4M | -$817,000 | $723,000 | -$4.7M |
| Diluted EPS | -$0.03 | -$0.02 | $0.02 | -$0.10 |
Genasys Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $23.3M | $13.2M | $12.7M | $8.7M | $4.9M | $8.0M |
| Current Assets | $45.3M | $35.5M | $35.6M | $25.2M | $26.1M | $39.3M |
| Total Assets | $71.4M | $90.1M | $71.9M | $49.9M | $53.9M | $63.9M |
| Current Liabilities | $15.5M | $17.5M | $15.4M | $11.3M | $14.1M | $54.4M |
| Total Long-Term Debt | $318,000 | $296,000 | — | — | $12.0M | — |
| Total Liabilities | $22.2M | $24.2M | $21.5M | $16.1M | $36.4M | $61.7M |
| Shareholders' Equity | $49.1M | $66.0M | $50.4M | $33.8M | $17.6M | $2.2M |
Genasys Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $6.9M | $6.2M | $468,000 | -$9.6M | -$19.5M | -$8.8M |
| Cash From Investing | -$3.1M | -$15.6M | -$89,000 | $5.5M | -$8.7M | $7.9M |
| Cash From Financing | $679,000 | $13,000 | -$1.1M | -$114,000 | $23.9M | $4.0M |
| Free Cash Flow | $6.8M | $5.9M | $87,000 | -$9.8M | -$19.6M | -$9.0M |
Figures from Genasys' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Genasys financials page for every line item.
Genasys Company Profile
| Ticker | GNSS |
|---|---|
| Exchange | Nasdaq |
| Industry | Household Audio & Video Equipment |
| Headquarters | San Diego, California |
| Incorporated in | Delaware |
| Fiscal Year End | September 30 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0000924383 |
Frequently Asked Questions
What was Genasys' revenue in fiscal 2025?
Genasys (GNSS) reported revenue of $40.8M for fiscal 2025.
What is Genasys' annual revenue history?
Genasys' annual revenue by fiscal year: 2020: $43.0M; 2021: $47.0M; 2022: $54.0M; 2023: $46.7M; 2024: $24.0M; 2025: $40.8M.
What was Genasys' net income in fiscal 2025?
Genasys reported net income of -$18.1M for fiscal 2025.
What was Genasys' earnings per share (EPS) in fiscal 2025?
Genasys' diluted EPS was -$0.40 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Genasys generate in fiscal 2025?
Genasys generated -$9.0M of free cash flow in fiscal 2025.
What was Genasys' revenue last quarter?
In its most recent reported quarter (2026 Q3), Genasys reported revenue of $7.3M.
How many shares of Genasys are outstanding?
Genasys reported a weighted average of 45.5 million basic shares outstanding in 2026 Q3.
What is Genasys' market cap?
Based on its latest closing price, Genasys (GNSS) has a market capitalization of about $61.0M.
When does Genasys' fiscal year end?
Genasys' fiscal year end, as registered with the SEC, is September 30.
Where is Genasys headquartered?
Genasys lists its business address in San Diego, California in its SEC filings.