GNSS on Nasdaq

Genasys

American technology company

Genasys Inc. is based in San Diego, California.3 From Wikipedia, CC BY-SA 4.0

Price unavailable

Last updated Oct 18, 2026.

Overview

$40.8MRevenue, fiscal 20254
-$18.1MNet income, fiscal 20254
1980Founded1

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  • TickerGNSS on Nasdaq1
  • Industrytechnology1
  • HeadquartersSan Diego1
  • Websitewww.lradx.com
  • Incorporated inDE5
  • Business address16262 West Bernardo Drive, San Diego, Ca 921275
  • Filer categoryNon-accelerated filer, Smaller reporting company5

Genasys Inc. is based in San Diego, California. Its long-range acoustic device (LRAD) products are used for long-range acoustic hailing and mass notification. Its software-as-a-service products Genasys Protect and Evertel are used for zone-based multi-channel communication and secure messaging and collaboration, respectively. Genasys Acoustics are integrated speakers used to send long range voice broadcasts. The company was previously named American Technology Corporation (ATC) until 2010 and LRAD Corporation until 2019. The company's stock trades on the NASDAQ Capital Market with the ticker symbol "GNSS".3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

41.6%Gross margin4
-41.2%Operating margin4
-44.4%Net margin4
69.8%Revenue growth, 20254
-835.8%Return on equity4
-$9.0MFree cash flow4

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Product brought in 70% of the revenue Genasys broke down this way in fiscal 2025.

  1. Product$28.5M470%up 98% from 2024
  2. Service$12.3M430%up 28% from 2024
Products and services by year
Products and services20242025
Product$14.4M$28.5M
Service$9.6M$12.3M

Business segments

Hardware brought in 78% of the revenue Genasys broke down this way in fiscal 2025.

  1. Hardware$31.8M478%up 91% from 2024
  2. Software$8.9M422%up 21% from 2024
Business segments by year
Business segments20242025
Hardware$16.7M$31.8M
Software$7.3M$8.9M

Regions

Americas brought in 46% of the revenue Genasys broke down this way in fiscal 2025.

  1. Americas$34.4M446%up 99% from 2024
  2. United States$33.9M445%up 101% from 2024
  3. EMEA$4.0M45%down 27% from 2024
  4. Asia Pacific$2.4M43%up 88% from 2024
Regions by year
Regions20242025
Americas$17.3M$34.4M
United States$16.9M$33.9M
EMEA$5.4M$4.0M
Asia Pacific$1.3M$2.4M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue41¢$23.8M
  • Research and development14¢$8.1M
  • Selling, general and admin44¢$25.7M
  • Income tax0¢$119.0K

Out of $40.8M in revenue.4 The company lost money this year.

Financial statements

Revenue7891011124$40.8M in 2025+55% since 2018
0$20.0M$40.0M$60.0M2018: $26.3M$26.3M20182019: $37.0M$37.0M2019+41%2020: $43.0M$43.0M2020+16%2021: $47.0M$47.0M2021+9%2022: $54.0M$54.0M2022+15%2023: $46.7M$46.7M2023−14%2024: $24.0M$24.0M2024−49%2025: $40.8M$40.8M2025+70%
Gross profit13891011124$17.0M in 2025+33% since 2018
0$10.0M$20.0M$30.0M2018: $12.7M$12.7M20182019: $18.5M$18.5M2019+45%2020: $22.6M$22.6M2020+23%2021: $23.4M$23.4M2021+3%2022: $27.3M$27.3M2022+16%2023: $21.8M$21.8M2023−20%2024: $10.2M$10.2M2024−53%2025: $17.0M$17.0M2025+66%
Operating income13891011124-$16.8M in 2025+1039% since 2018
-$30.0M-$20.0M-$10.0M0$10.0M2018: -$1.5M-$1.5M20182019: $3.1M$3.1M20192020: $6.0M$6.0M2020+93%2021: $1.1M$1.1M2021−82%2022: -$15.5M-$15.5M20222023: -$11.0M-$11.0M2023−29%2024: -$26.7M-$26.7M2024+143%2025: -$16.8M-$16.8M2025−37%
Net income13891011124-$18.1M in 2025+384% since 2018
-$40.0M-$20.0M0$20.0M2018: -$3.7M-$3.7M20182019: $2.8M$2.8M20192020: $11.9M$11.9M2020+326%2021: $704.0K$704.0K2021−94%2022: -$16.2M-$16.2M20222023: -$18.4M-$18.4M2023+13%2024: -$31.7M-$31.7M2024+72%2025: -$18.1M-$18.1M2025−43%

Every line of the income statement as filed: the last 2 fiscal years, latest first.4

Period ending2025-09-302024-09-30
Revenues$40.8M$24.0M
Cost of revenues$23.8M$13.8M
Gross profit$17.0M$10.2M
Selling, general and administrative$25.7M$27.3M
Research and development$8.1M$9.6M
Total operating expenses$33.8M$36.9M
Loss from operations-$16.8M-$26.7M
Interest income$285.0K$237.0K
Interest expense-$1.6M-$603.0K
Change in fair value of Term Loans and warrants$730.0K-$4.0M
Other-$623.0K-$1.1M
Other expenses, net-$1.2M-$5.4M
Loss before income taxes-$18.0M-$32.1M
Income tax expense (benefit)$119.0K-$405.0K
Net loss-$18.1M-$31.7M
Net loss per common share - basic (in dollars per share)-$0.40-$0.72
Net loss per common share - diluted (in dollars per share)-$0.40-$0.72
Basic (in shares)45.1M shares44.3M shares
Diluted (in shares)45.1M shares44.3M shares

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The story

Founded by Woody Norris in 1980.1

Genasys was founded in Utah by Elwood "Woody" Norris as the American Technology Corporation in 1980. From 1988 to early 1992 the company was inactive. Norris recapitalized the company as a Delaware Corporation in 1992. In 1996, the company launched its first directed sound technology and began engineering sound solutions for the commercial, government, and military markets.

In response to the October 2000 attack on the USS Cole, the company's engineering team developed their long-range acoustic device (LRAD) product line. With the introduction of LRAD systems in 2003, the company created the acoustic hailing device (AHD) market, followed by the introduction of multidirectional mass notifications systems in 2012.

The company acquired Genasys, a Madrid, Spain-based software provider of location-based mass messaging solutions for emergency warning and workforce management in January 2018, and subsequently adopted the name Genasys for itself.

In 2020, Genasys acquired Amika Mobile, an Ottawa, Canada-based enterprise software provider of critical event situational awareness, communication and control products. It was subsequently renamed Genasys Communications Canada. In a June 2021 acquisition, Genasys added Zonehaven, a California-based company specializing in emergency evacuation software services and resources.

In May 2021, the Greek police held a press call which showed them using a Genasys LRAD 450XL to deter migrants from entering at the border. The European Union has expressed concern over Greece's use of the technology and whether it contravenes the European Union's laws on fundamental rights.

In September 2023, Genasys acquired Evertel Technologies from Word Systems Operations for about $5.8 million.

Los Angeles County suspended use of Genasys during the January 2025 Southern California wildfires after an "alert was erroneously sent out to nearly 10 million residents". The County resumed use of Genasys later that month.

After San Diego County implemented Genasys in 2024, the technology was used by the county and City of San Diego in January 2025 to safely evacuate residents from wildfires.

Read the full text

In 2025, LRAD was referenced in a controversy surrounding the alleged use of Long-range acoustic devices by law enforcement as a weapon during anti-corruption protests on March 15 in Belgrade, Serbia. In a social media post, Genasys claimed that evidence they had seen did not point directly to the involvement of their devices, however purchase reporting suggestions their technology was installed on law enforcement vehicles present at the protests.

The Maui Emergency Management Agency launched Genasys on May 1, 2025, to enhance emergency operations and evacuations for residents and visitors on Maui, Molokai and Lanai.

In June 2025, Santa Barbara County began using Genasys Protect mapping software to assist first responders and county residents during evacuations and other emergencies.

The City of San Jose, California implemented Genasys Protect hours before the Ranch Fire started in the East San Jose hills June 17, 2025.

From Wikipedia’s article on Genasys, shared under CC BY-SA 4.0.6

Leadership

Who has led Genasys, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (23)

Products and brands

Genasys Protect - Zone-based communication and targeted multi-channel alerting software. Genasys Protect is used to help alert in harm's way quickly with targeted geographical zones, tested evacuation plans, and consistent communication during and after a critical event The State of New Hampshire selected Genasys to send emergency and non-emergency notifications through single or multiple communication methods to keep residents and visitors informed public safety messaging and severe weather-related notifications. The State of Oregon's Office of Resilience and Emergency Management entered into a multi-year contract with Genasys to provide emergency response planning and evacuation management.

Acoustics The City of Berkeley introduced a new outdoor warning system to alert people of wildfires and other critical events. The system includes 15 Acoustics outdoor speakers installed on buildings throughout Berkeley. The Acoustics systems broadcast siren tones, audible warnings and voice instructions.

Evertel Evertel provides secure, real-time communication and collaboration for public safety agencies, financial services, and secure business communication.

Long Range Acoustic Device (LRAD), is a directional acoustic system designed for long-range communication and mass notification.

From Wikipedia’s article on Genasys, shared under CC BY-SA 4.0.6

Former names

  • LRAD CorpJan 22, 2010 to Jan 13, 20205
  • AMERICAN TECHNOLOGY CORP /DE/Jul 26, 1996 to Mar 11, 20105

Timeline

  1. Aug 3, 2016New chief executive Richard Danforth becomes CEO16
  2. 1980Founded Founded1

Filings

205 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 48 major events, 80 insider forms, 12 large holders, 44 other. The latest 20:

  1. Sep 14, 20268-K EDGAR
  2. Sep 4, 20268-K/A EDGAR
  3. Aug 26, 20264 EDGAR
  4. Aug 24, 2026SCHEDULE 13G/A EDGAR
  5. Aug 13, 20264 EDGAR
  6. Aug 13, 20264 EDGAR
  7. Aug 13, 202610-Q EDGAR
  8. Aug 13, 20268-K EDGAR
  9. Jul 30, 20268-K EDGAR
  10. Jul 15, 20268-K EDGAR
  11. Jun 12, 20268-K EDGAR
  12. May 14, 202610-Q EDGAR
  13. May 14, 20268-K EDGAR
  14. Mar 30, 20264 EDGAR
  15. Mar 30, 20263 EDGAR
  16. Mar 30, 20268-K EDGAR
  17. Mar 19, 20264 EDGAR
  18. Mar 19, 20264 EDGAR
  19. Mar 19, 20264 EDGAR
  20. Mar 19, 20264 EDGAR

The 205 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 12 such filings since October 2021, the latest 10:

  1. Aug 24, 2026SCHEDULE 13G/A
  2. Oct 25, 2024SC 13G
  3. Sep 26, 2024SC 13G
  4. Feb 14, 2024SC 13G/A
  5. Feb 13, 2024SC 13G/A
  6. Feb 14, 2023SC 13G/A
  7. Jan 24, 2023SC 13G/A
  8. Nov 3, 2022SC 13G
  9. Nov 1, 2022SC 13G
  10. Feb 4, 2022SC 13G/A

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 42. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
AWM Investment Company, Inc.5,649,544$9.6M0.8%No change
Vanguard Capital Management LLC1,821,275$3.1M0.0%+12,133
Pacific Ridge Capital Partners, LLC1,440,921$2.4M0.4%−11,238
Susquehanna International Group, Llp1,246,794$2.1M0.0%−216,189
AlphaCore Capital LLC1,048,665$1.8M0.0%−20,525
Manatuck Hill Partners, LLC1,000,000$1.7M0.6%−261,496
BlackRock, Inc.699,267$1.2M0.0%+40,831
Fi3 FINANCIAL ADVISORS, LLC825$969.7K0.2%−479,867
Sequoia Financial Advisors, LLC552,430$939.1K0.0%+74,547
Geode Capital Management, LLC503,130$855.8K0.0%−8,716
Citadel Advisors LLC320,312$544.5K0.0%−10,522
Prospera Financial Services Inc302,150$513.7K0.0%+7,000
Evernest Financial Advisors, LLC290,345$493.6K0.1%No change
Vanguard Fiduciary Trust Co275,183$467.8K0.0%+1,828
Bokf, Na183,100$311.3K0.0%No change
State Street Corp159,169$270.6K0.0%No change
Aristides Capital LLC127,454$216.7K0.1%+4,799
Renaissance Technologies LLC109,936$186.9K0.0%+800
Northern Trust Corp100,567$171.0K0.0%+1,928
Goldman Sachs Group Inc97,108$165.1K0.0%+3,539
Essex Investment Management Co LLC72,711$123.6K0.0%−196
Peterson Wealth Advisors, LLC71,224$121.1K0.0%No change
Integrated Wealth Concepts LLC40,823$69.4K0.0%No change
UBS Group AG37,340$63.5K0.0%−68,595
XTX Topco Ltd32,782$55.7K0.0%+11,575

13F reports cover disclosed long positions in U.S. stocks only.

Sources

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