Company Analysis

Genasys Inc. (GNSS)

Nasdaq: GNSS · Household Audio & Video Equipment · San Diego, CA · filing with the SEC since 1996
Grade4.3
◀ Past 4.8● Present 2.9▶ Future 5.6
1 est.

The grade of Genasys Inc.

Nine metrics read from its own filings, by tense
Headline grade
4.3/10
◀ Past4.830% of the headline
● Present2.940% of the headline
▶ Future5.630% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

4.8/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
4.4/10

Has it survived what it has been through?

2 warning events since 2017; the latest 2020-11-05.

weight 33% of this tense · 44th percentile among 9 sector filers · read for itself

From the record

Genasys Inc.'s filings since 2017 show 2 warning events of 2 kinds: an auditor change (8-K item 4.01, the latest 2020-11-05); a late-report notice (Form NT 10-K or NT 10-Q, the latest 2018-05-15) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.1/10

What has it actually done, year after year?

+6.5% a year over 8 filed years; profitable in 3 of 8.

weight 45% of this tense · 61st percentile among 9 sector filers · read for its customers

From the record

Genasys Inc.'s 8 filed years say what it did: revenue went from $26 million in fiscal 2018 to $41 million in fiscal 2025, up 6.5% a year; it rose in 5 of 7 years; the deepest fall was 56% from fiscal 2022 to fiscal 2024; net income was positive in 3 of 8 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span6.5%top 17% of its family
  • the share of years revenue rosetop 17% of its family
  • the share of filed years with a profittop 50% of its family
  • the deepest fall from a revenue peak55.6%bottom 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
2.8/10

How has it treated the people who own it?

SI estimate 2.8/10, confidence 35 of 100 (one part).

weight 22% of this tense · 28th percentile among 9 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 28% of 9 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 9 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Genasys Inc.'s shareholder treatment is put at 2.8 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 28% of 9 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

2.9/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
2.2/10

Is it financially healthy right now?

ROE -836%: lost 836¢ per shareholder dollar. Leverage 97%: owes 97¢ per asset dollar.

weight 45% of this tense · 22nd percentile among 9 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-09-30, Genasys Inc. lost about 836 cents for every dollar of shareholders' money, and gross profitability: its products earned about 27 cents per dollar of everything the company owns. Leverage: it owed about 97 cents per dollar of assets, and net share issuance: its share count grew 1.7% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 6% of its family
  • return on equitybottom 6% of its family
  • gross profit against assetstop 39% of its family
  • the share count against the year beforebottom 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
3.7/10

How strong is its position in its industry?

bottom 37% of 9 in its family; net margin -44.4%.

weight 33% of this tense · 37th percentile among 9 sector filers · read for its customers

From the record

Genasys Inc.'s standing among 9 graded names in its industry family: revenue of $41 million in fiscal 2025 ranks in the top 44% by size; a net margin of -44.4% ranks in the bottom 28%; revenue growth of -9% a year over the last 3 filed years ranks in the bottom 28% (its annual reports).

What it rests on

  • revenue against the family$40.8Mtop 44% of its family
  • net margin-44.4%bottom 28% of its family
  • three-year revenue growth-9.0%bottom 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
3.1/10

What are the people in charge doing?

bottom 31% of 6 in its family for leadership; chief executive since 2016.

weight 22% of this tense · 31st percentile among 6 sector filers · read for its shareholders

From the record

Genasys Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Danforth, Richard (CEO, as filed), filing under that title since 2016-08-03, 10.3 years (top 42% of its family); the 9 officers and directors filing in the last fifteen months have been on the record a median of 2.5 years (bottom 25%); 13 officer or director changes were reported on Form 8-K since 2023-11-13, against the 9 people in charge now (bottom 10%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge13 in three years among 9 peoplebottom 10% of its family
  • the median years the people in charge have filed2.5 yearsbottom 25% of its family
  • the chief executive's years on the record10.3 yearstop 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.6/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.3/10

How much room does it have to grow?

top 47% of 9 in its family for room to expand.

weight 45% of this tense · 53rd percentile among 9 sector filers · read for itself

From the record

Genasys Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $8 million against no long-term debt tagged leaves 12.5% of its assets as net cash, top 39% of its family; cash from operations less capital spending is -22.1% of revenue (bottom 19%); a gross margin of 41.6% (bottom 39%); research spending of 19.9% of revenue (top 7%) (its annual report).

What it rests on

  • cash less debt against assets12.5%top 39% of its family
  • cash from operations less capital spending against revenue-22.1%bottom 19% of its family
  • gross margin41.6%bottom 39% of its family
  • research spending against revenue19.9%top 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.1/10

What could actually drive growth from here?

top 49% of 9 in its family for growth drivers.

weight 33% of this tense · 51st percentile among 9 sector filers · read for its customers

From the record

Genasys Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -9% a year over the last three filed years against 6.5% over all 8, slowing (bottom 17% of its family); the newest year grew 69.8% (top 6%); research spending grew 5% a year (top 50%); capital spending grew -12.5% a year (bottom 44%) (its annual reports). Genasys Inc. reported 2 product lines in fiscal 2025: Product at $28 million (70%), Service at $12 million (30%); 2 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-15.4 points a yearbottom 17% of its family
  • the newest year's revenue growth69.8%top 6% of its family
  • three-year growth of research spending5.0%top 50% of its family
  • three-year growth of capital spending-12.5%bottom 44% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
6.8/10

Did its newest year beat what its own record pointed to?

top 31% of 9 in its family for expectations against reality.

weight 22% of this tense · 69th percentile among 9 sector filers · read for its shareholders

From the record

Genasys Inc.'s newest year against its own record: revenue of $41 million in fiscal 2025 came in 154.6% above the $16 million its prior three years' pace pointed to (top 17% of its family); net income of $18 million against a prior three-year average of $22 million (top 50%); a net margin of -44.4% against -67.2% before (top 28%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace154.6%top 17% of its family
  • net income against the prior three years' average+18%top 50% of its family
  • net margin against its prior average+22.8 pointstop 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton GNSS · research, not advice