Genasys swings to FY26 Q2 profit of 723,000; revenue more than doubles to 15.51 million

• Genasys posted net income of $723,000 for quarter ended March 31, 2026, swinging from a net loss of $6.14 million a year earlier as revenue more than doubled to $15.51 million.
• Gross profit more than doubled to $9.82 million, lifting gross margin by 25.6 percentage points to 63.3%.
• Operating income turned positive at $1.28 million from an operating loss of $6.26 million, while selling, general and administrative expense fell 6.6% to $6.21 million.
• Puerto Rico Early Warning System project contributed $10.31 million of revenue; management said first two groups under the project were completed in line with the project plan and scheduled milestones.
• Business updates included a $2 million LRAD order for Republic of Singapore Navy unmanned surface vessels, a $1 million Genasys Acoustics order from a nuclear energy operator, and repayment of the $4 million First Amendment Term Loan plus related interest and fees.

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 via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-224042), on May 14, 2026, and is solely responsible for the information contained therein.