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Genasys (GNSS) investor relations material
Genasys Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary9 Dec, 2025
Executive summary
Achieved positive operating income and adjusted EBITDA for the first time in seven quarters, marking a pivotal Q4 turnaround driven by strategic initiatives and strong revenue growth.
Q4 revenue reached $17 million, the highest in company history, with a 50% gross margin.
Fiscal 2025 revenue was $40.8 million, up 70% from 2024, fueled by hardware and software growth.
Backlog exceeded $60 million at fiscal year-end, supporting future growth and an expanded pipeline across hardware and software.
Financial highlights
Q4 revenue: $17 million (up 153% year-over-year); full-year revenue: $40.8 million (up 69.8%).
Q4 gross margin: 50.3%; full-year gross margin: 41.6%.
Q4 operating income: $1.3 million (vs. $7.1 million loss prior year); adjusted EBITDA: $2.4 million (vs. $6 million loss prior year).
Q4 GAAP net loss: $1.4 million (vs. $11.4 million loss prior year); full-year net loss: $18.1 million (vs. $31.7 million loss prior year).
Fiscal 2025 operating loss: $16.8 million (improved from $26.7 million loss in 2024); adjusted EBITDA: -$12.4 million (vs. -$22.1 million in 2024).
Outlook and guidance
Management expects significant year-over-year revenue growth in both hardware and software for 2026, with gross margins near 50%.
Early Warning System projects and international expansion are anticipated to drive growth through 2026 and 2027.
Entering 2026 with $60 million in addressable backlog; company expects to be profitable on both operating and net income basis in FY2026.
Software business expected to reach break-even cash flow as the company exits FY2026.
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Genasys Inc develops and supplies critical communications systems and technologies for emergency warning and mass notification applications. Its products are used by governments, businesses, and public safety agencies globally. The company is headquartered in San Diego, California, and its shares are listed on the NASDAQ.
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