Genasys Q4 revenue surges 152.6% to $17.0M; returns to positive operating income and adjusted EBITDA

Genasys Inc.

Q4 GAAP operating income of $1.3M vs ($7.1M) loss a year ago; adjusted EBITDA of $2.4M vs ($6.0M).
GAAP net loss per share improved to ($0.03) from ($0.26) in Q4 2024; full year revenue $40.8M (up 69.8%).
Gross margin recovered to 50.3% in Q4 vs 40.8% in prior year; management expects near 50% going forward.
Full year GAAP net loss ($18.1M) vs ($31.7M); cash and equivalents $8.0M as of Sept 30, 2025.
Backlog grew; Puerto Rico Early Warning System ($13.2M) drove hardware revenue; multiple new orders in LRAD and software.

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