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Genasys GNSS Software — Income Tax Expense Benefit

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$145K+104%

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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+2.1%
Enterprise value$79.27M+7.0%
P/S1.3×-1.2×

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:IncomeTaxExpenseBenefit.

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 software — income tax expense benefit?
Genasys (GNSS) reported software — income tax expense benefit of $0 in Q1 2026.
What is the long-term trend for Genasys's software — income tax expense benefit?
Over 3 years (2021 to 2025), Genasys's software — income tax expense benefit has grown at a -83.8% compound annual growth rate (CAGR), from -$472K to -$2K.
What does software — income tax expense benefit mean?
This represents the portion of the total corporate income tax expense or benefit that is allocated to the software segment's financial results. It reflects the tax implications of the segment's operational performance and jurisdictional tax obligations.