Genasys Inc. (GNSS) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 15.51M | 17.07M | 17.03M | 9.86M | 6.93M | 6.94M | 6.74M | 7.17M | 5.74M | 4.36M | 10.7M | 14.26M | 11.21M | 10.49M | 16.04M | 14.15M | 13.17M | 10.68M | 15.05M | 12.63M |
| Revenue Growth % | 123.67% | 145.89% | 152.59% | 37.53% | 20.79% | 59.14% | -37.01% | -49.75% | -48.82% | -58.42% | -33.28% | 0.78% | -14.85% | -1.78% | 6.59% | 12.08% | 16.52% | 33% | 7.63% | 5.48% |
| Cost of Goods Sold | 5.69M | 8.88M | 8.46M | 7.26M | 4.32M | 3.76M | 3.99M | 3.38M | 3.56M | 2.88M | 5.39M | 7.57M | 6.29M | 5.66M | 7.94M | 7.29M | 5.99M | 5.54M | 7.35M | 6.21M |
| COGS % of Revenue | 36.67% | 52.05% | 49.66% | 73.65% | 62.35% | 54.21% | 59.22% | 47.2% | 62.07% | 66.09% | 50.38% | 53.06% | 56.08% | 53.92% | 49.53% | 51.51% | 45.5% | 51.84% | 48.83% | 49.15% |
| Gross Profit | 9.82M | 8.18M | 8.57M | 2.6M | 2.61M | 3.18M | 2.75M | 3.78M | 2.18M | 1.48M | 5.31M | 6.7M | 4.92M | 4.83M | 8.09M | 6.86M | 7.18M | 5.14M | 7.7M | 6.42M |
| Gross Margin % | 63.33% | 47.95% | 50.34% | 26.35% | 37.65% | 45.79% | 40.78% | 52.8% | 37.93% | 33.91% | 49.62% | 46.94% | 43.92% | 46.08% | 50.47% | 48.49% | 54.5% | 48.16% | 51.17% | 50.85% |
| Gross Profit Growth % | 276.21% | 157.49% | 211.79% | -31.37% | 19.89% | 114.87% | -48.23% | -43.48% | -55.8% | -69.39% | -34.4% | -2.45% | -31.38% | -6.03% | 5.13% | 6.88% | 36.6% | 38.82% | 1.89% | -0.77% |
| Operating Expenses | 8.54M | 8.54M | 7.26M | 8.37M | 8.87M | 9.12M | 9.88M | 9.14M | 9.17M | 8.71M | 7.95M | 8.14M | 8.34M | 8.32M | 20.86M | 7.49M | 7.7M | 6.75M | 7M | 5.9M |
| OpEx % of Revenue | 55.06% | 50.01% | 42.64% | 84.92% | 127.89% | 131.4% | 146.58% | 127.6% | 159.8% | 199.7% | 74.27% | 57.11% | 74.33% | 79.33% | 130.07% | 52.94% | 58.51% | 63.23% | 46.49% | 46.73% |
| Selling, General & Admin | 6.21M | 6.64M | 5.76M | 6.27M | 6.65M | 6.83M | 7.46M | 6.65M | 6.64M | 6.52M | 6.18M | 6M | 6.05M | 6.38M | 6M | 5.79M | 5.81M | 5.04M | 5.49M | 4.78M |
| SG&A % of Revenue | 40.03% | 38.91% | 33.81% | 63.62% | 95.9% | 98.47% | 110.59% | 92.77% | 115.7% | 149.46% | 57.73% | 42.1% | 53.99% | 60.88% | 37.42% | 40.88% | 44.13% | 47.18% | 36.51% | 37.82% |
| Research & Development | 2.33M | 1.9M | 1.5M | 2.1M | 2.22M | 2.29M | 2.43M | 2.5M | 2.53M | 2.19M | 1.77M | 2.14M | 2.28M | 1.94M | 1.7M | 1.71M | 1.89M | 1.71M | 1.5M | 1.13M |
| R&D % of Revenue | 15.03% | 11.1% | 8.83% | 21.3% | 31.98% | 32.93% | 35.99% | 34.83% | 44.1% | 50.24% | 16.54% | 15.01% | 20.34% | 18.45% | 10.57% | 12.06% | 14.38% | 16.05% | 9.98% | 8.91% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 1.28M | -352K | 1.31M | -5.77M | -6.25M | -5.94M | -7.13M | -5.36M | -6.99M | -7.23M | -2.64M | -1.45M | -3.41M | -3.49M | -12.77M | -629K | -527K | -1.61M | 704K | 520K |
| Operating Margin % | 8.27% | -2.06% | 7.7% | -58.58% | -90.23% | -85.61% | -105.8% | -74.8% | -121.87% | -165.79% | -24.65% | -10.17% | -30.41% | -33.25% | -79.6% | -4.44% | -4% | -15.07% | 4.68% | 4.12% |
| Operating Income Growth % | 120.5% | 94.08% | 118.38% | -7.7% | 10.57% | 17.83% | -170.36% | -269.72% | -105.1% | -107.34% | 79.34% | -130.52% | -547.06% | -116.72% | -1913.35% | -220.96% | -195.3% | -132.18% | -77.1% | -73.21% |
| EBITDA | 2.18M | 535K | 2.17M | -4.9M | -5.38M | -5.01M | -6.19M | -4.43M | -6.07M | -6.31M | -1.8M | -622K | -2.58M | -2.65M | -11.93M | 192K | 298K | -792K | 1.52M | 1.1M |
| EBITDA Margin % | 14.05% | 3.14% | 12.76% | -49.69% | -77.55% | -72.22% | -91.77% | -61.82% | -105.73% | -144.67% | -16.85% | -4.36% | -23.05% | -25.22% | -74.37% | 1.36% | 2.26% | -7.42% | 10.13% | 8.68% |
| EBITDA Growth % | 140.53% | 110.67% | 135.13% | -10.54% | 11.4% | 20.56% | -243.09% | -612.38% | -134.74% | -138.53% | 84.88% | -423.96% | -967.45% | -233.96% | -882.61% | -82.48% | -70.11% | -227.27% | -55.28% | -52.35% |
| D&A (Non-Cash Add-back) | 897K | 887K | 862K | 876K | 879K | 929K | 946K | 930K | 926K | 921K | 835K | 828K | 825K | 842K | 839K | 821K | 825K | 817K | 820K | 576K |
| EBIT | 1.28M | -352K | 1.31M | -5.77M | -6.25M | -5.94M | -7.13M | -5.36M | -6.99M | -7.23M | -2.64M | -1.45M | -3.41M | -3.49M | 396K | -629K | -527K | -1.61M | 704K | 520K |
| Net Interest Income | -313K | -428K | -280K | -390K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 12K | 7K | 171K | 16K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 325K | 435K | 451K | 406K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | -414K | -340K | -2.68M | -705K | 187K | 1.86M | -4.18M | -1.36M | 51K | 77K | -6K | 1K | 15K | -20K | 48K | 9K | -10K | 13K | -5K | -2K |
| Pretax Income | 868K | -692K | -1.37M | -6.48M | -6.07M | -4.08M | -11.31M | -6.72M | -6.94M | -7.15M | -2.64M | -1.45M | -3.4M | -3.51M | -12.72M | -620K | -537K | -1.6M | 699K | 518K |
| Pretax Margin % | 5.6% | -4.06% | -8.04% | -65.73% | -87.54% | -58.76% | -167.85% | -93.82% | -120.98% | -164.02% | -24.71% | -10.16% | -30.28% | -33.44% | -79.3% | -4.38% | -4.08% | -14.95% | 4.65% | 4.1% |
| Income Tax | 145K | 125K | 39K | 8K | 71K | 0 | 71K | -42K | -5K | -429K | 7.42M | -26K | 8K | 0 | 1.11M | -31K | -45K | -291K | -72K | 228K |
| Effective Tax Rate % | 16.71% | -18.06% | -2.85% | -0.12% | -1.17% | 0% | -0.63% | 0.62% | 0.07% | 6% | -280.56% | 1.79% | -0.24% | 0% | -8.71% | 5% | 8.38% | 18.23% | -10.3% | 44.02% |
| Net Income | 723K | -817K | -1.41M | -6.49M | -6.14M | -4.08M | -11.39M | -6.68M | -6.94M | -6.72M | -10.06M | -1.42M | -3.4M | -3.51M | -13.83M | -589K | -492K | -1.3M | 771K | 290K |
| Net Margin % | 4.66% | -4.79% | -8.27% | -65.81% | -88.56% | -58.76% | -168.91% | -93.23% | -120.89% | -154.18% | -94.03% | -9.98% | -30.35% | -33.44% | -86.21% | -4.16% | -3.74% | -12.22% | 5.12% | 2.3% |
| Net Income Growth % | 111.78% | 79.97% | 87.63% | 2.92% | 11.52% | 39.35% | -13.16% | -369.57% | -103.88% | -91.73% | 27.22% | -141.6% | -591.67% | -168.74% | -1893.26% | -303.1% | -287.79% | -110.82% | -91.84% | -80.72% |
| Net Income (Continuing) | 723K | -817K | -1.41M | -6.49M | -6.14M | -4.08M | -11.39M | -6.68M | -6.94M | -6.72M | -10.06M | -1.42M | -3.4M | -3.51M | -13.83M | -589K | -492K | -1.3M | 771K | 290K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.02 | -0.02 | -0.03 | -0.14 | -0.14 | -0.09 | 0.46 | -0.15 | -0.16 | -0.15 | -0.27 | -0.04 | -0.09 | -0.10 | -0.37 | -0.02 | -0.01 | -0.04 | 0.02 | 0.01 |
| EPS Growth % | 111.43% | 80.07% | -106.78% | 6.67% | 12.5% | 39.47% | 270.37% | -290.63% | -73.16% | -56.09% | 27.92% | -138.51% | -584.44% | -168.44% | -1973% | -261% | -235% | -94.57% | -92.59% | -75% |
| EPS (Basic) | 0.02 | -0.02 | -0.03 | -0.14 | -0.14 | -0.09 | 0.46 | -0.15 | -0.16 | -0.15 | -0.27 | -0.04 | -0.09 | -0.10 | -0.37 | -0.02 | -0.01 | -0.04 | 0.02 | 0.01 |
| Diluted Shares Outstanding | 45.23M | 45.2M | 45.15M | 45.15M | 45M | 44.91M | 44.46M | 44.6M | 44.25M | 43.73M | 37.19M | 37.05M | 36.82M | 36.7M | 36.5M | 36.57M | 36.35M | 36.46M | 37.25M | 35.27M |
| Basic Shares Outstanding | 45.23M | 45.2M | 45.15M | 45.15M | 45M | 44.91M | 44.46M | 44.6M | 44.25M | 43.73M | 37.19M | 37.05M | 36.82M | 36.7M | 36.5M | 36.57M | 36.35M | 36.46M | 36.22M | 34.11M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |