What is Genasys's contract assets?

Genasys (GNSS) reported contract assets of $3.33M in Q1 2026.

What does contract assets mean?

Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.

Genasys GNSS Contract Assets

Contract Assets at other companies

Motorola Solutions, Inc.MSI

$1.39B+7.8%

TTM TechnologiesTTMI

$513.03M+35.6%

L3Harris TechnologiesLHX

$3.53B-3.1%

Parsons CorporationPSN

$1.02B+24.2%

Other financials

Income statement

See full

Revenue$15.5M+124%

Gross profit$9.8M+276%

Operating income$1.3M+120%

Net income$723.0K+112%

EPS (diluted)$0.02+114%

Balance sheet

See full

Cash & equivalents$931.0K-83.6%

Total debt$2.8M-83.2%

Total equity$3.0M-62.4%

Total assets$61.6M+24.0%

Cash flow

See full

Operating cash flow-$9.3M-47.3%

CapEx$41.0K-73.5%

Free cash flow-$9.4M-44.4%

Valuation

See full

Market cap$77.42M+3.9%

Enterprise value$79.27M+8.9%

P/S1.3×-1.1×

Profitability

See full

Gross margin49.1%+4.7pp

Operating margin-8.4%-4.0pp

Net margin-13.4%-6.2pp

FCF margin-37.7%—

Returns & leverage

See full

Return on equity-144.2%+15.0pp

Debt / equity0.9×-1.1×

Current ratio0.7×-0.3×

Where this comes from

Reported directly by Genasys in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.

The official record: Genasys’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

Ask your AI about Genasys's contract assets.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Genasys's contract assets?: Genasys (GNSS) reported contract assets of $3.33M in Q1 2026.
What does contract assets mean?: Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.