secwatch.observer — SEC 8-K summary
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Issuer:     Genasys Inc. (GNSS)
CIK:        0000924383
Form:       8-K
Filed at:   2026-05-14T20:11:21+00:00
Accession:  0001193125-26-224030
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 2.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Genasys reports Q2 net income $0.7M, revenue $15.5M (+124% YoY), gross margin 63%
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- Revenue $15.5M vs $6.9M YoY (+124%); gross margin 63.3% vs 37.7%.
- GAAP net income $0.7M ($0.02 diluted EPS) vs net loss ($6.1M); adjusted EBITDA $2.5M vs ($5.1M).
- Backlog ~$58M; FY2026 guidance: record revenue, >50% gross margin, net income profitability.
- Extended term loan maturity to July 13, 2026 with 1% fee; expects to repay debt with Puerto Rico EWS collections.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924383/000119312526224030/0001193125-26-224030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924383/000119312526224030/gnss-20260512.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-224030

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer