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Genasys swings to FY26 Q2 profit of 723,000; revenue more than doubles to 15.51 million
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Genasys swings to FY26 Q2 profit of 723,000; revenue more than doubles to 15.51 million
  • Genasys posted net income of $723,000 for quarter ended March 31, 2026, swinging from a net loss of $6.14 million a year earlier as revenue more than doubled to $15.51 million.
  • Gross profit more than doubled to $9.82 million, lifting gross margin by 25.6 percentage points to 63.3%.
  • Operating income turned positive at $1.28 million from an operating loss of $6.26 million, while selling, general and administrative expense fell 6.6% to $6.21 million.
  • Puerto Rico Early Warning System project contributed $10.31 million of revenue; management said first two groups under the project were completed in line with the project plan and scheduled milestones.
  • Business updates included a $2 million LRAD order for Republic of Singapore Navy unmanned surface vessels, a $1 million Genasys Acoustics order from a nuclear energy operator, and repayment of the $4 million First Amendment Term Loan plus related interest and fees.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Genasys Inc- published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-224042), on May 14, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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