earnings
confidence high
sentiment negative
materiality 0.70
Genasys Q3 FY2026 revenue down 26% to $7.3M; net loss narrows to $4.7M
Genasys Inc.
- Revenue $7.3M vs $9.9M YoY; gross margin 57.1% vs 26.3% on higher software mix.
- GAAP net loss $4.7M ($0.10/sh) vs $6.5M ($0.14/sh); adjusted EBITDA -$3.1M vs -$4.8M.
- Backlog >$69M; extended $15.2M term loan to July 2027 with $1.0M monthly amortization.
- Received $3.0M U.S. Army order and $4.4M utility orders; won Ada County, Idaho contract.
- Cash $3.1M vs $8.0M at Sept 30, 2025; CROWS supply constraint resolved, Puerto Rico payments arriving.