Genasys Inc
genasys.comWhat Do They Do?
Sells emergency-alert software and long-range voice-broadcast hardware to government agencies, military and law-enforcement organizations, and businesses.
10-K for FY2025, filed Dec 15, 2025We are a global provider of Protective Communications™ (“Protective Communications”) solutions, including our Genasys Protect™ software…View ↗
Genasys Protect is a comprehensive portfolio of Protective Communications software and hardware systems serving federal governments and…View ↗
Genasys entered the Protective Communications market following the October 2000 attack on the USS Cole, which led to the development of…View ↗
Genasys Protect is a cloud-based SaaS solution that provides multichannel alerting, targeted communications, map-based updates, and…View ↗
How Do They Make Money?
Most revenue comes from product sales: customers pay for products when shipped or delivered. Contract and other includes project work billed as it progresses, time-based software and maintenance paid over their terms, and training or installation paid when completed.
10-K for FY2025, filed Dec 15, 2025Product revenue is recognized as a distinct single performance obligation when products are tendered to a carrier for delivery, which…View ↗
We recognize revenue for our Puerto Rico Early Warning System (EWS) project (the “Puerto Rico Early Warning System Project”) over time in…View ↗
The time-based license agreements include the use of a software license for a fixed term, generally one-year, and maintenance and support…View ↗
The Company offers extended warranty, maintenance and other services. Extended warranty and maintenance contracts are offered with terms…View ↗
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10-K for FY2025, filed Dec 15, 2025
FY2025 revenue by product or service ↗
$40.8M
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10-K for FY2025, filed Dec 15, 2025
$40.8M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Product
Sold outright
10-K for FY2025, filed Dec 15, 2025 |
70%
FY2022: 90%
|
Product, FY2025
$28.5M Sources
|
Sold outright |
|
Contract and Other
|
30%
FY2022: 10.0%
|
Contract and Other, FY2025
$12.3M Sources
|
Who Are Their Customers?
Sells directly to governments, militaries, large end-users and commercial companies, and also supplies independent resellers and system integrators that sell or integrate products for end users.
10-K for FY2025, filed Dec 15, 2025We sell directly to governments, militaries, large end-users, and commercial companies. We use independent representatives on a commission…View ↗
10-K for FY2025, filed Dec 15, 2025
For the fiscal year ended September 30, 2025, one customer accounted for 32% of revenues, with no other single customer accounting for more…View ↗
Do Revenues Turn Into Profits?
No. It lost $18.1M in FY2025.
10-K for FY2025, filed Dec 15, 2025
−$16.8MView ↗
10-K for FY2025, filed Dec 15, 2025
−$18.1MView ↗
10-K for FY2025, filed Dec 15, 2025
−$9MView ↗
How Are They Changing?
- Net income
-
Sources
10-Q for Q3 FY2026, filed Aug 13, 2026
−$4.7MView ↗
- ▼ −28% (Loss)
- vs −$6.5M in Q3 FY2025
10-Q for Q3 FY2026, filed Aug 13, 2026
Open tableView ↗
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May 14, 2026
Gave fiscal 2026 guidance for gross margins over 50% and net income
Management expected fiscal 2026 gross margins over 50% and net income profitability.
Sources
8-K, filed May 14, 2026
“For fiscal 2026, we expect to deliver record revenue, gross margins over 50%, and net income profitability. Furthermore, our pipeline…View ↗
Shrinking. Revenue fell 13% in 4 years, from $47M in FY2021 to $40.8M in FY2025, about 4% a year.
Broader software platform
The older report described GEM software products, including Public Safety, Enterprise, Zonehaven and NEWS. The latest presents Genasys Protect as a unified alerting platform and includes Evertel for secure collaboration between agencies and first responders.
10-K for FY2022, filed Dec 16, 2022 10-K for FY2025, filed Dec 15, 2025
Who Do They Compete With?
Competes with Ultra Electronics/USSI, IML Sound Commander, Federal Signal, Whelen Engineering, Hoermann, Everbridge, OnSolve, and Rave Alert
10-K for FY2025, filed Dec 15, 2025Our LRAD products includes the leading long-range voice broadcast systems for military and other applications. Our AHD competitors include…View ↗
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