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Genasys FY26 Q3 GAAP net loss narrows to $4.7 million; revenue falls to $7.3 million

PUBT·08/13/2026 20:24:32
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Genasys FY26 Q3 GAAP net loss narrows to $4.7 million; revenue falls to $7.3 million
  • Genasys posted fiscal Q3 2026 revenue of USD 7.3 million, down 26.06% from a year earlier.
  • GAAP net loss narrowed to USD 4.7 million, or USD 0.10 per share.
  • Gross margin rose to 57.1%, up 30.8 percentage points, driven by a higher mix of software revenue.
  • Non-GAAP adjusted EBITDA improved to a loss of USD 3.1 million.
  • Extended USD 15.2 million term-loan maturity to July 13, 2027; monthly amortization of USD 1 million starts Oct. 1, 2026.
  • Booked follow-on orders: USD 3 million from the U.S. Army; USD 4.4 million from a large utility for LRAD 950NXT systems.
  • CEO Richard Danforth cited delayed CROWS II deliveries, paced Puerto Rico project work; said constraints resolved, payments now arriving.
  • Backlog topped USD 69 million entering fiscal Q4; expects a strong quarter, reiterating expectations for record revenue and profitability.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Genasys Inc- published the original content used to generate this news brief on August 13, 2026, and is solely responsible for the information contained therein.