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Genasys vs Emerson Radio: revenue, profit, margins and growth compared

Genasys brought in $40.8M of revenue in fiscal 2025, Emerson Radio $6.3M in fiscal 2026. Revenue changed by +69.8% at Genasys and -41.5% at Emerson Radio on the year before, so Genasys grew faster. Genasys kept -44.4% of its revenue as net profit, Emerson Radio -68.1%. Free cash flow was -$9M at Genasys and -$3.7M at Emerson Radio.

Side by side, latest fiscal year

GNSSMSN
Fiscal year endedFY2025 (September 30, 2025)FY2026 (March 31, 2026)
Revenue$40.8M$6.3M
Revenue growth+69.8%-41.5%
Net income-$18.1M-$4.3M
Net margin-44.4%-68.1%
Free cash flow-$9M-$3.7M
Free cash flow margin-22.1%-59.0%
Earnings per share (diluted)-$0.40-$0.20
Cash$8M$9.2M
Debtn/an/a
Price to earningsn/an/a
Market value$67.4M$9.1M
Dividend yieldn/an/a
Rank by revenue in sector#92 of 125 · Consumer staples#114 of 125 · Consumer staples

Over the years

Revenue
GNSS FY2018: $26.3MGNSS FY2019: $37MGNSS FY2020: $43MGNSS FY2021: $47MGNSS FY2022: $54MGNSS FY2023: $46.7MGNSS FY2024: $24MGNSS FY2025: $40.8MMSN FY2018: $9MMSN FY2019: $6.3MMSN FY2021: $7.4MMSN FY2022: $8.2MMSN FY2023: $7.2MMSN FY2024: $9.1MMSN FY2025: $10.8MMSN FY2026: $6.3MFY18FY19FY20FY21FY22FY23FY24FY25FY26
GNSS $40.8MMSN $6.3M
Net income
GNSS FY2018: -$3.7MGNSS FY2019: $2.8MGNSS FY2020: $11.9MGNSS FY2021: $704KGNSS FY2022: -$16.2MGNSS FY2023: -$18.4MGNSS FY2024: -$31.7MGNSS FY2025: -$18.1MMSN FY2018: -$2.4MMSN FY2019: -$4.3MMSN FY2021: -$4MMSN FY2022: -$3.6MMSN FY2023: -$1.4MMSN FY2024: $766KMSN FY2025: -$4.7MMSN FY2026: -$4.3MFY18FY19FY20FY21FY22FY23FY24FY25FY26
GNSS -$18.1MMSN -$4.3M
Net margin
GNSS FY2018: -14.2%GNSS FY2019: 7.5%GNSS FY2020: 27.6%GNSS FY2021: 1.5%GNSS FY2022: -30.0%GNSS FY2023: -39.4%GNSS FY2024: -132.2%GNSS FY2025: -44.4%MSN FY2018: -27.1%MSN FY2019: -68.4%MSN FY2021: -53.4%MSN FY2022: -44.2%MSN FY2023: -18.9%MSN FY2024: 8.4%MSN FY2025: -43.9%MSN FY2026: -68.1%FY18FY19FY20FY21FY22FY23FY24FY25FY26
GNSS -44.4%MSN -68.1%
Revenue growth
GNSS FY2019: +40.6%GNSS FY2020: +16.3%GNSS FY2021: +9.3%GNSS FY2022: +15.0%GNSS FY2023: -13.6%GNSS FY2024: -48.6%GNSS FY2025: +69.8%MSN FY2019: -29.9%MSN FY2021: +18.3%MSN FY2022: +10.2%MSN FY2023: -12.5%MSN FY2024: +26.4%MSN FY2025: +18.9%MSN FY2026: -41.5%FY19FY20FY21FY22FY23FY24FY25FY26
GNSS +69.8%MSN -41.5%
Free cash flow
GNSS FY2018: $626KGNSS FY2019: $9.5MGNSS FY2020: $6.8MGNSS FY2021: $5.9MGNSS FY2022: $87KGNSS FY2023: -$9.8MGNSS FY2024: -$19.6MGNSS FY2025: -$9MMSN FY2022: -$4.7MMSN FY2023: -$306KMSN FY2024: -$5.4MMSN FY2025: -$3.8MMSN FY2026: -$3.7MFY18FY19FY20FY21FY22FY23FY24FY25FY26
GNSS -$9MMSN -$3.7M

Fiscal years as each company reports them; the two may end in different months.

Questions about Genasys and Emerson Radio

Which is bigger by revenue, Genasys or Emerson Radio?

Genasys is bigger by revenue: $40.8M in fiscal 2025, against $6.3M for Emerson Radio in fiscal 2026.

Which keeps more of its revenue as profit, Genasys or Emerson Radio?

Genasys had a net margin of -44.4% in fiscal 2025; Emerson Radio had -68.1% in fiscal 2026.

Which grew revenue faster, Genasys or Emerson Radio?

In their latest fiscal years revenue changed by +69.8% at Genasys and -41.5% at Emerson Radio.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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