Genasys issued preliminary, unaudited results for the fiscal year ended September 30, 2026, highlighting a record revenue performance and a significant ramp-up in both hardware deliveries and software adoption. Management noted that the company successfully navigated earlier headwinds to finish the year with strong momentum in project execution and backlog development.
Key Highlights
- Full-year 2026 revenue is expected to range between $60.5 million and $62.0 million, supported by a record fourth quarter with revenue up to $22.0 million.
- Fourth quarter gross margins are projected at 66% to 68%, significantly higher than the full-year guidance of 58% to 60%, reflecting a favorable product mix.
- Preliminary full-year Adjusted EBITDA is forecast between $7.2 million and $8.2 million, driven by the ramp-up of the Puerto Rico Dams Early Warning System and technical refresh orders.