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Genasys GNSS Service — Contract With Customer Liability Current

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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:ContractWithCustomerLiabilityCurrent.

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 service — contract with customer liability current?
Genasys (GNSS) reported service — contract with customer liability current of $3.71M in Q1 2026.
How has Genasys's service — contract with customer liability current changed year-over-year?
Genasys's service — contract with customer liability current increased by 17.5% year-over-year, from $3.16M to $3.71M.
What is the long-term trend for Genasys's service — contract with customer liability current?
Over 3 years (2022 to 2025), Genasys's service — contract with customer liability current has grown at a 40.7% compound annual growth rate (CAGR), from $4.98M to $13.86M.
What does service — contract with customer liability current mean?
This represents the portion of deferred revenue from service contracts that is expected to be recognized as income within the next twelve months. It serves as a key indicator of short-term service obligations and future revenue visibility. A growing balance often signals strong demand for upcoming service delivery or subscription renewals.