Genasys Inc. Announces Preliminary Unaudited Fiscal Fourth Quarter and Full Fiscal Year 2026 Financial Results

Preliminary figures put fourth-quarter operating income at $6.5 million–$6.8 million, above the full-year range of $3.4 million–$3.7 million.

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Expected Fiscal Year Revenue of $60.5M to $62.0M
Expected Fiscal Year Adjusted EBITDA of $7.2M to $8.2M

Earnings Call Scheduled for December 15, 2026

SAN DIEGO--(BUSINESS WIRE)--

Genasys Inc. (NASDAQ: GNSS), the global leader in Protective Communications^®, today announced preliminary unaudited financial results for its fiscal fourth quarter and fiscal year ended September 30, 2026. The Company also announced plans to release complete fiscal fourth quarter and full fiscal year 2026 financial results after the market close on Tuesday, December 15, 2026. A conference call to discuss the fiscal year financial results will be held on the same day at 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time.

Preliminary Fiscal Fourth Quarter and Full Fiscal Year 2026 Results

• Fourth quarter revenue is expected to range between $20.5 million and $22.0 million; full fiscal year 2026 revenue is expected to range between $60.5 million and $62.0 million
• Fourth quarter gross margin is expected to range between 66% and 68%; full fiscal year 2026 gross margin is expected to range between 58% and 60%
• Fourth quarter adjusted EBITDA is expected to range between $7.0 million and $8.0 million; full fiscal year 2026 adjusted EBITDA is expected to range between $7.2 million and $8.2 million
• Fourth quarter operating income is expected to range between $6.5M and $6.8M; full fiscal year 2026 operating income is expected to range between $3.4M and $3.7M.

Complete financial results for the fiscal fourth quarter and the full fiscal year ended September 30, 2026, will be released after the market close on December 15, 2026. A conference call to discuss the results will follow.

Management Commentary

“This was a record year for Genasys, and our fourth quarter results show the strength of our business as we head into the new fiscal year,” said Richard Danforth, Genasys’ Chief Executive Officer. “In the quarter, activity in our Puerto Rico Dams Early Warning System (EWS) project ramped back up, we delivered the scheduled Common Remotely Operated Weapon Station (CROWS) II Technical Refresh program order, and our software business continued to grow as more agencies move away from legacy systems to Genasys Protect.

“With momentum across both our hardware and software businesses, we enter fiscal 2027 with a strong backlog and a growing pipeline. I’m proud of what our team accomplished this year, and we look forward to providing more detail on our results and fiscal year 2027 outlook during our earnings call in December.”

Non-GAAP Financial Measure

We include in this press release adjusted EBITDA, which is a non-GAAP financial measure and which we believe provides helpful information to investors with respect to evaluating the Company’s performance. Adjusted EBITDA represents our net income (loss) before interest income, interest expense, income tax expense (benefit), depreciation and amortization expense, share-based compensation, fair value measurements of our term loans and warrants, other non-recurring expense, and other items that we do not consider indicative of our core operating performance. Adjusted EBITDA is a measure used by management to understand and evaluate our core operating performance and trends and to generate future operating plans, make strategic decisions regarding allocation of capital and invest in initiatives that are focused on cultivating new markets for our solutions. In particular, the exclusion of certain expenses in calculating adjusted EBITDA facilitates comparisons of our operating performance on a period-to-period basis. However, since adjusted EBITDA is a non-GAAP financial measure, it is not necessarily comparable with adjusted EBITDA used by other companies. Adjusted EBITDA has limitations and should not be considered in isolation or a substitute for performance measures calculated under GAAP, including net income (loss), which is the most closely comparable GAAP measure. Because of the early state of the Company’s year-end tax review process, the Company is unable without unreasonable effort or expense to provide an estimated range of net income (loss) at this time.

Voluntary Disclosure; No Inferences

Consistent with its approach to the third fiscal quarter 2026, Genasys is voluntarily providing preliminary unaudited results in the interest of transparency during a fiscal year in which it navigated headwinds stemming from factors largely outside of its control. Investors are cautioned not to draw any inference from the Company’s decision to provide these preliminary results that it will continue to do so in future fiscal quarters or fiscal years. Genasys is not required by law or otherwise to provide such preliminary results, and it does not undertake any obligation to do so in the future.

Conference Call Details

Date: December 15, 2026
Time: 4:30 p.m. Eastern / 1:30 p.m. Pacific
Toll-Free Dial-In Number: (800) 715-9871 (U.S. Toll-Free)
International Dial-In Number: +1 (646) 307-1963 (U.S. & International Toll)
Webcast: https://app.webinar.net/0lAvXo6P4np

Please dial in 10 minutes prior to the start time and tell the operator you are calling in for the Genasys Fiscal Year 2026 Financial Results Call. Questions to management may be submitted before the call by emailing them to ir@genasys.com.

A replay of the webcast will be available approximately four hours after the presentation through the Conference Call link on the Events page of the Company’s website.

About Genasys Inc.

Genasys Inc. (Nasdaq: GNSS) is the global leader in Protective Communications^®, providing the most comprehensive portfolio of preparedness, response, and analytics software and hardware solutions available. The company’s Long Range Acoustic Device^® (LRAD^®) and Protect Platform, which includes Genasys Protect^® and Genasys Evertel^®, are designed around one premise: ensuring organizations and public safety agencies are Ready when it matters^®. Protecting people and saving lives for over 40 years, Genasys covers more than 155 million people in all 50 states and in over 100 countries worldwide. For more information, visit genasys.com.

Forward-Looking Statements

Except for historical information contained herein, the matters discussed are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These statements include but are not limited to statements regarding unaudited fiscal fourth quarter and fiscal year 2026 preliminary revenue, gross margin, adjusted EBITDA and operating income, and expected growth in the software business and the Company’s pipeline. Importantly, the Company’s fiscal year 2026 financial results are subject to audit by an independent registered public accounting firm, which audit has not yet concluded. Actual financial results for the fiscal fourth quarter and fiscal year 2026 may differ materially from the estimates provided herein. Forward-looking statements also include statements regarding backlog, expected receipt of payments and work progress under our Puerto Rico EWS project; expected execution on large-scale projects; the continued growth of our software and hardware businesses; pursuit of growth opportunities; and our expectations related to fiscal years 2026 and 2027. You should not place undue reliance on these statements. We base these statements on particular assumptions that we have made in light of our industry experience, the stage of product and market development as well as our perception of historical trends, current market conditions, current economic data, expected future developments and other factors that we believe are appropriate under the circumstances. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those suggested in any forward-looking statement. The risks and uncertainties in these forward-looking statements include without limitation risks relating to continuous delays in receiving payment under, regulatory uncertainties surrounding, or disruptions in governmental support or funding of, the Puerto Rico project, our reliance on a limited number of customers, the possible need for additional capital, actual or perceived failures or breaches of our information and security systems, the effects of continued geopolitical unrest and regional conflicts, including the conflict in Iran and its effect on global oil supply and prices, continued funding of government spending, the timing of such funding, general economic and business conditions, including unforeseen weakness in the Company’s markets, competition, changes in technology and methods of marketing, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, market acceptance of the Company’s products, shortages in components or price increases that cannot be passed on to customers, inability to fully realize the expected benefits from acquisitions and restructurings or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, changes to export regulations, difficulties in retaining key employees and customers, changes in the market for microcap stocks regardless of growth and value and various other factors beyond our control. Risks and uncertainties are identified and discussed in our filings with the Securities and Exchange Commission. These forward-looking statements are based on information and management’s expectations as of the date hereof. Future results may differ materially from our current expectations. For more information regarding potential risks and uncertainties, see the “Risk Factors” section of the Company’s Form 10-K for the fiscal year ended September 30, 2025. Genasys Inc. disclaims any intent or obligation to publicly update or revise forward-looking statements, except as otherwise specifically stated.

View source version on businesswire.com: https://www.businesswire.com/news/home/20261029704225/en/

Investor Relations Contact

Scott Liolios and Clay Liolios
Gateway Group, Inc.
949-574-3860
GNSS@gateway-grp.com

Source: Genasys Inc.

Key Terms

adjusted ebitda financial

Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.

non-gaap financial measure financial

A non-GAAP financial measure is a way companies present their financial results that excludes certain expenses or income to show how they believe their core business is performing. It matters because it can give a clearer picture of how the company is really doing, but it can also be used to make results look better than they actually are.

gaap financial

GAAP, or Generally Accepted Accounting Principles, are a set of standardized rules and guidelines that companies follow when preparing their financial statements. They ensure consistency, transparency, and comparability across different companies, making it easier for investors to understand and compare financial information accurately. This helps investors make informed decisions based on trustworthy and uniform financial reports.

View in glossary

share-based compensation financial

Share-based compensation is when a company pays employees, executives or directors with its own stock or rights to buy stock instead of, or in addition to, cash. Think of it like receiving store gift cards instead of extra paycheck — it can motivate staff to boost the company’s value, but it also increases the number of shares outstanding and can shrink each existing owner’s slice of profits and voting power. Investors watch it because it affects reported earnings, share count and the alignment between management and shareholders.