Genasys gave preliminary, unaudited results for the fiscal fourth quarter and year ended Sept. 30, 2026, forecasting full-year revenue of $60.5 million to $62 million and adjusted EBITDA of $7.2 million to $8.2 million. The company characterized the year as a record and said activity improved in key hardware projects while its software business continued to grow.
The figures are estimates; Genasys plans to release complete results on Dec. 15 and discuss them on a conference call that day.
Key details
- Fourth-quarter revenue is expected to be $20.5 million to $22 million. Full-year revenue is forecast at $60.5 million to $62 million.
- Gross margin is expected to be 66% to 68% in the fourth quarter and 58% to 60% for the full year.
- Operating income is forecast at $6.5 million to $6.8 million for the quarter and $3.4 million to $3.7 million for the year. Since the full-year estimate is below the fourth-quarter range, the first three quarters collectively offset part of the fourth quarter’s expected operating profit.
- Adjusted EBITDA is expected to be $7 million to $8 million for the quarter and $7.2 million to $8.2 million for the year. This is a non-GAAP measure, so it is not directly comparable across companies and should be considered alongside GAAP results.
- Genasys said work on its Puerto Rico Dams Early Warning System project ramped back up during the quarter and it delivered a scheduled order for the CROWS II Technical Refresh program. It also said more agencies are moving from legacy systems to its Genasys Protect software.
- Management said the company enters fiscal 2027 with a strong backlog and a growing pipeline. No figures for either were provided.
- The company did not provide a preliminary estimate for net income or loss, citing its ongoing year-end tax review.
Timing
Genasys expects to release complete fourth-quarter and fiscal-year results after the market closes on Dec. 15, 2026. Its conference call is scheduled for 4:30 p.m. Eastern time that day.