Genasys Backlog Hits 61 Million in Q3
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 14 2025
0mins
Source: NASDAQ.COM
Fiscal Performance: Genasys reported a 38% year-over-year revenue increase to $9.9 million in Q3 FY2025, driven by hardware sales, despite a decline in gross margins to 26.3%. The company announced $2.5 million in cost reductions as part of a restructuring plan for FY2026.
Future Outlook: With a twelve-month backlog of $61 million and anticipated revenue growth from Puerto Rico projects, Genasys expects significant increases in revenue and gross margin for Q4 FY2025, while expanding its software capabilities to capture new emergency management contracts.
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Analyst Views on GNSS
Wall Street analysts forecast GNSS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GNSS is 4.88 USD with a low forecast of 4.50 USD and a high forecast of 5.25 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 1.940
Low
4.50
Averages
4.88
High
5.25
Current: 1.940
Low
4.50
Averages
4.88
High
5.25
About GNSS
Genasys Inc. is a global provider of protective communications solutions. The Company is engaged in the design, development, and commercialization of critical communications hardware and software solutions designed to alert, inform, and protect people. Its unified software platform receives information from a wide variety of sensors and Internet-of-Things (IoT) inputs to collect real-time information on developing and active emergency situations. The Company has two segments: Hardware and Software. Its solutions include Genasys Protect software platform, and Long-Range Acoustic Device (LRAD) products. Its Genasys Protect is a comprehensive portfolio of Protective Communications software and hardware systems serving federal governments and agencies; state and local governmental agencies, and education (SLED); and enterprise organizations. LRAD products broadcast audible voice messages with vocal clarity from close range out to 5,500 meters.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Genasys Appoints Richard Osgood to Strategic Advisory Board Post-Annual Meeting
- Board Transition: Genasys announced that Richard Osgood III will transition to the Strategic Advisory Board after the fiscal 2026 annual meeting, reflecting the company's high regard for his 12 years of board service, which is expected to continue leveraging his global business perspective and strategic insights.
- Leadership Continuity: Osgood has served on the board since 2013 and as chairman since 2021, and his leadership experience will continue to support Genasys' development of protective communication solutions, ensuring the company's leadership position in the industry.
- Strategic Advisory Role: Osgood's capital markets experience from Wedbush Securities will provide crucial support for Genasys' strategic decisions, helping the company maintain competitiveness in future market challenges.
- Company Vision: Genasys is committed to protecting and saving lives, covering over 155 million people, and Osgood's continued involvement will further drive the company's global business expansion and technological innovation.
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Genasys Reports Positive Operating Income and Adjusted EBITDA for Q4 2025
- Significant Revenue Growth: Genasys reported fourth-quarter revenue of $17.0 million, a 152.6% increase from $6.7 million in the same quarter last year, indicating substantial progress in both hardware and software sectors, thereby enhancing market competitiveness.
- Gross Margin Recovery: The company's gross margin improved to 50.3%, up from 40.8% year-over-year, reflecting increased hardware revenue and effective cost control measures, which are expected to lay a solid foundation for future profitability.
- Operational Efficiency Improvement: GAAP operating income reached $1.3 million, reversing a loss of $7.1 million in the prior year, showcasing the company's success in revenue growth and cost management, which boosts investor confidence.
- Strategic Partnership Expansion: Genasys entered into a strategic partnership with Julie Parker Communications to enhance public safety communication capabilities by combining top-tier crisis and media expertise, which is expected to drive ongoing growth in its software offerings.
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