Genasys Inc. income statement
In fiscal 2025, Genasys Inc. reported revenue of $40.8m, up 69.8% on the year before, operating income of −$16.8m (a -41.2% margin) and net income of −$18.1m, or −$0.40 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Sept 2010 | 2011Sept 2011 | 2012Sept 2012 | 2013Sept 2013 | 2014Sept 2014 | 2015Sept 2015 | 2016Sept 2016 | 2017Sept 2017 | 2018Sept 2018 | 2019Sept 2019 | 2020Sept 2020 | 2021Sept 2021 | 2022Sept 2022 | 2023Sept 2023 | 2024Sept 2024 | 2025Sept 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 17 | 27 | 15 | 17 | 25 | 17 | 16 | 20 | 26 | 37 | 43 | 47 | 54 | 47 | 24 | 41 | 57 |
| Cost of revenue | 8 | 11 | 7 | 9 | 11 | 8 | 9 | 10 | 14 | 19 | 20 | 24 | 27 | 25 | 14 | 24 | 26 |
| Gross profit | 9 | 16 | 7 | 8 | 14 | 9 | 8 | 10 | 13 | 18 | 23 | 23 | 27 | 22 | 10 | 17 | 31 |
| Research and development | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 5 | 5 | 7 | 8 | 10 | 8 | 8 |
| Selling, general and administrative | 5 | 8 | 5 | 5 | 8 | 5 | 7 | 9 | 11 | 11 | 12 | 17 | 23 | 25 | 27 | 26 | 25 |
| Operating income | 2 | 5 | 1 | 1 | 3 | 1 | −2 | −1 | −1 | 3 | 6 | 1 | −16 | −11 | −27 | −17 | −2 |
| Interest expense | — | — | — | — | — | — | — | — | 0 | — | — | — | — | — | 1 | 2 | 2 |
| Income before tax | 3 | 5 | 1 | 1 | 3 | 1 | −1 | −1 | −1 | 3 | 6 | 1 | −15 | −11 | −32 | −18 | −6 |
| Income tax | 0 | 0 | −0 | 0 | 0 | −8 | −0 | 0 | 2 | 1 | −6 | 0 | 1 | 7 | −0 | 0 | 0 |
| Net income | 3 | 5 | 1 | 1 | 3 | 10 | −1 | −1 | −4 | 3 | 12 | 1 | −16 | −18 | −32 | −18 | −6 |
| Diluted EPS | $0.10 | $0.15 | $0.04 | $0.04 | $0.10 | $0.29 | −$0.04 | −$0.03 | −$0.12 | $0.08 | $0.35 | $0.02 | −$0.44 | −$0.50 | −$0.72 | −$0.40 | −$0.14 |
| Diluted shares (average) | 31m | 33m | 33m | 33m | 33m | 34m | 32m | 32m | 32m | 33m | 34m | 36m | 36m | 37m | 44m | 45m | 45m |
| EBITDA | 3 | 5 | 1 | 1 | 4 | 1 | −1 | −1 | −1 | 4 | 7 | 3 | −13 | −8 | −24 | −14 | −0 |
| Quarter | 2024 Q4Sept 2024 | 2025 Q1Dec 2024 | 2025 Q2Mar 2025 | 2025 Q3Jun 2025 | 2025 Q4Sept 2025 | 2026 Q1Dec 2025 | 2026 Q2Mar 2026 | 2026 Q3Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7 | 7 | 7 | 10 | 17 | 17 | 16 | 7 |
| Cost of revenue | 4 | 4 | 4 | 7 | 8 | 9 | 6 | 3 |
| Gross profit | 3 | 3 | 3 | 3 | 9 | 8 | 10 | 4 |
| Research and development | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Selling, general and administrative | 7 | 7 | 7 | 6 | 6 | 7 | 6 | 6 |
| Operating income | −7 | −6 | −6 | −6 | 1 | −0 | 1 | −4 |
| Interest expense | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | −11 | −4 | −6 | −6 | −1 | −1 | 1 | −5 |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −11 | −4 | −6 | −6 | −1 | −1 | 1 | −5 |
| Diluted EPS | −$0.26 | −$0.09 | −$0.14 | −$0.14 | −$0.03 | −$0.02 | $0.02 | −$0.10 |
| EBITDA | −6 | −5 | −6 | −5 | 2 | 0 | 1 | −4 |
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