Filing Flows › Genasys (GNSS) › Q1 FY26
Genasys (GNSS) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Feb 10, 2026
Genasys (GNSS) reported revenue of $17.1M for the first quarter fiscal 2026 (Q1 FY26), +146% from a year earlier and +0.2% from the quarter before. Operating margin was -2.1%, net loss $817K (4.8% of revenue).
Genasys, Q1 FY26: revenue $17.1M (+146% year over year), operating margin -2.1%, net loss $817K, operating cash flow $7.2M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $17.1M | +0.2% | +146% |
| Operating profit | −$352K | -127% | — |
| Net earnings | −$817K | — | — |
| Operating cash flow | $7.2M | +187% | +660% |
What changed
Revenue was $17.1M in Q1 FY26, up 146% year over year and roughly flat from the previous quarter. Product was the largest line at 84% of revenue. Product added $10.1M year over year (up 244%), 100% of the total change.
Gross margin was 48.0%, up 2.2 points from a year earlier. Operating costs exceeded revenue by $352K, an operating margin of -2.1%. Operating expenses fell 6% while revenue rose 146%. The quarter ended with a net loss of $817K, narrower than the previous quarter's $1.4M loss.
Operating cash flow was $7.2M (up 660% year over year). Non-cash charges added back $682K of depreciation and amortization and $419K of share-based compensation. Working capital and other items added $6.9M.
Questions
What was Genasys' revenue in the first quarter fiscal 2026?
Genasys (GNSS) reported revenue of $17.1M for the first quarter fiscal 2026 (Q1 FY26), +146% from a year earlier and +0.2% from the quarter before.
Was Genasys profitable in the first quarter fiscal 2026?
Operating loss was $352K (-2.1% of revenue) and net loss $817K.
Source: Genasys 10-Q on SEC EDGAR.