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Genasys vs Universal Electronics: revenue, profit, margins and growth compared

Genasys brought in $40.8M of revenue in fiscal 2025, Universal Electronics $368.3M in fiscal 2025. Revenue changed by +69.8% at Genasys and -6.7% at Universal Electronics on the year before, so Genasys grew faster. Genasys kept -44.4% of its revenue as net profit, Universal Electronics -5.1%. Free cash flow was -$9M at Genasys and $19.8M at Universal Electronics.

Side by side, latest fiscal year

GNSSUEIC
Fiscal year endedFY2025 (September 30, 2025)FY2025 (December 31, 2025)
Revenue$40.8M$368.3M
Revenue growth+69.8%-6.7%
Net income-$18.1M-$18.6M
Net margin-44.4%-5.1%
Free cash flow-$9M$19.8M
Free cash flow margin-22.1%5.4%
Earnings per share (diluted)-$0.40-$1.41
Cash$8M$32.3M
Debtn/an/a
Price to earningsn/an/a
Market value$67.4M$66M
Dividend yieldn/an/a
Rank by revenue in sector#84 of 93 · Consumer staples#70 of 93 · Consumer staples

Over the years

Revenue
GNSS FY2018: $26.3MGNSS FY2019: $37MGNSS FY2020: $43MGNSS FY2021: $47MGNSS FY2022: $54MGNSS FY2023: $46.7MGNSS FY2024: $24MGNSS FY2025: $40.8MUEIC FY2018: $680.2MUEIC FY2019: $753.5MUEIC FY2020: $614.7MUEIC FY2021: $601.6MUEIC FY2022: $542.8MUEIC FY2023: $420.5MUEIC FY2024: $394.9MUEIC FY2025: $368.3MFY18FY19FY20FY21FY22FY23FY24FY25
GNSS $40.8MUEIC $368.3M
Net income
GNSS FY2018: -$3.7MGNSS FY2019: $2.8MGNSS FY2020: $11.9MGNSS FY2021: $704KGNSS FY2022: -$16.2MGNSS FY2023: -$18.4MGNSS FY2024: -$31.7MGNSS FY2025: -$18.1MUEIC FY2018: $11.9MUEIC FY2019: $3.6MUEIC FY2020: $38.6MUEIC FY2021: $5.3MUEIC FY2022: $407KUEIC FY2023: -$98.2MUEIC FY2024: -$24MUEIC FY2025: -$18.6MFY18FY19FY20FY21FY22FY23FY24FY25
GNSS -$18.1MUEIC -$18.6M
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%UEIC FY2018: 1.8%UEIC FY2019: 0.5%UEIC FY2020: 6.3%UEIC FY2021: 0.9%UEIC FY2022: 0.1%UEIC FY2023: -23.4%UEIC FY2024: -6.1%UEIC FY2025: -5.1%FY18FY19FY20FY21FY22FY23FY24FY25
GNSS -44.4%UEIC -5.1%
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%UEIC FY2019: +10.8%UEIC FY2020: -18.4%UEIC FY2021: -2.1%UEIC FY2022: -9.8%UEIC FY2023: -22.5%UEIC FY2024: -6.1%UEIC FY2025: -6.7%FY19FY20FY21FY22FY23FY24FY25
GNSS +69.8%UEIC -6.7%
Free cash flow
GNSS FY2018: $626KGNSS FY2019: $9.5MGNSS FY2020: $6.8MGNSS FY2021: $5.9MGNSS FY2022: $87KGNSS FY2023: -$9.8MGNSS FY2024: -$19.6MGNSS FY2025: -$9MUEIC FY2018: -$7.3MUEIC FY2019: $63.9MUEIC FY2020: $56.5MUEIC FY2021: $27.7MUEIC FY2022: -$3.1MUEIC FY2023: $17.1MUEIC FY2024: $10.3MUEIC FY2025: $19.8MFY18FY19FY20FY21FY22FY23FY24FY25
GNSS -$9MUEIC $19.8M

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

Questions about Genasys and Universal Electronics

Which is bigger by revenue, Genasys or Universal Electronics?

Universal Electronics is bigger by revenue: $368.3M in fiscal 2025, against $40.8M for Genasys in fiscal 2025.

Which keeps more of its revenue as profit, Genasys or Universal Electronics?

Genasys had a net margin of -44.4% in fiscal 2025; Universal Electronics had -5.1% in fiscal 2025.

Which grew revenue faster, Genasys or Universal Electronics?

In their latest fiscal years revenue changed by +69.8% at Genasys and -6.7% at Universal Electronics.

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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