What is Genasys's hardware — research and development expense?

Genasys (GNSS) reported hardware — research and development expense of $1.1M in Q1 2026.

How has Genasys's hardware — research and development expense changed year-over-year?

Genasys's hardware — research and development expense increased by 21.0% year-over-year, from $910K to $1.1M.

What does hardware — research and development expense mean?

Reflects the investment made by the hardware segment into the design, development, and improvement of new or existing products. This spending is critical for maintaining long-term competitiveness and innovation in the hardware market. High levels of R&D investment often signal a commitment to future product cycles and technological leadership.

Genasys GNSS Hardware — Research And Development Expense

Other segment segments

Software

$1.23M-5.9%

Similar metrics at other companies

HLIOElectronics — Research And Development Expense

$3M+7.1%

LODEResearch And Development Expense Paid For Software

$763.22K-75.1%

TELResearch And Development And Engineering Expense

$237M+16.7%

TYLResearch and Development Expense, Software (Excluding Acquired in Process Cost)

$59.73M+24.8%

CMIComponents — Research and Development Expense

$81M+8.0%

CSGPResearch and Development Expense, Software (Excluding Acquired in Process Cost)

$114M+20.0%

Other financials

Income statement

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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

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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

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Operating cash flow-$9.3M-47.3%

CapEx$41.0K-73.5%

Free cash flow-$9.4M-44.4%

Valuation

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Market cap$77.42M+3.9%

Enterprise value$79.27M+8.9%

P/S1.3×-1.1×

Profitability

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Gross margin49.1%+4.7pp

Operating margin-8.4%-4.0pp

Net margin-13.4%-6.2pp

FCF margin-37.7%—

Returns & leverage

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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:ResearchAndDevelopmentExpense.

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

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Questions, answered.

What is Genasys's hardware — research and development expense?: Genasys (GNSS) reported hardware — research and development expense of $1.1M in Q1 2026.
How has Genasys's hardware — research and development expense changed year-over-year?: Genasys's hardware — research and development expense increased by 21.0% year-over-year, from $910K to $1.1M.
What does hardware — research and development expense mean?: Reflects the investment made by the hardware segment into the design, development, and improvement of new or existing products. This spending is critical for maintaining long-term competitiveness and innovation in the hardware market. High levels of R&D investment often signal a commitment to future product cycles and technological leadership.