Genasys Inc. (GNSS)
NASDAQ:GNSS
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Earnings Data
Report Date
Aug 06, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
0.02Last Year’s EPS
-0.13Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a clear positive inflection: the company returned to GAAP profitability, posted dramatic year-over-year revenue growth, delivered very strong quarter gross margins, expanded backlog to $58M, and advanced large programs (Puerto Rico, CROWS, LRAD). However, material risks remain — revenue concentration in the Puerto Rico program, slower collections, tight cash ($1M), and a short-term loan extension tied to receivable timing introduce liquidity and timing uncertainty. Management emphasized operational discipline and pipeline momentum, but several positive headlines depend on successful collections and conversion of late-stage opportunities.Company Guidance
Return to GAAP Profitability
GAAP net income of $0.6M in Q2 FY26 versus a GAAP net loss of $6.1M in Q2 FY25; operating income of $1.3M versus an operating loss of $6.3M prior year; adjusted EBITDA of $2.5M compared to negative $5.1M a year ago — material improvement in profitability and operating leverage.
Strong Revenue Growth
Total revenue of $15.5M in Q2 FY26, up 124% year-over-year. Hardware revenue grew roughly 180% YoY (includes Puerto Rico contribution). Software revenue increased 6% YoY to $2.4M and was up ~5% sequentially.
Exceptional Gross Margins
Q2 gross margin was 63.3%; year-to-date (first two quarters) gross margin is 55.3%. Management expects to deliver annualized gross margins over 50% driven by product mix and pricing discipline.
Puerto Rico Project Execution
$10.3M of Q2 revenue was attributable to the Puerto Rico dam early warning system project; groups 3, 5 and 6 have been completed and group 1 is on pace to finish in June. Management reports active collection efforts and recent payment activity tied to this program.
Backlog, Large Programs and Addressable Markets
Backlog ended Q2 at $58M. Began production on a $9M CROWS AHD tech refresh program (addressable market for refit estimated at ~$175M for ~5,000 units). Completed installation of 4 LRAD 950 NXT units for a large US utility and expect orders for 26 additional NXTs — illustrating meaningful follow-on potential.
Operating Discipline and Cost Control
Operating expenses of $8.5M in the quarter, down 4% versus prior year and flat sequentially. Management reports the organization is 'right-sized' and expects OpEx to normalize near current levels.
GNSS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GNSS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2026 | $1.75 | $1.79 | +2.29% |
Feb 10, 2026 | $2.05 | $1.99 | -2.93% |
Dec 09, 2025 | $2.39 | $2.15 | -10.25% |
Aug 14, 2025 | $1.64 | $1.85 | +12.80% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Genasys Inc. (GNSS) report earnings?
Genasys Inc. (GNSS) is schdueled to report earning on Aug 06, 2026, After Close (Confirmed).
What is Genasys Inc. (GNSS) earnings time?
Genasys Inc. (GNSS) earnings time is at Aug 06, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GNSS EPS forecast?
GNSS EPS forecast for the fiscal quarter 2026 (Q3) is 0.02.