10-Q · May 8, 2026
Geospace Technologies reported Q2 FY2026 results showing a revenue increase of 9.5% year-over-year to $19.7 million, but an EPS of -$0.86 missed consensus estimates. The company cited significant growth in the Energy…
Earnings analysis · 10-Q
GEOS earnings analysis
Filed August 7, 2026 · Our reading of the company's report
The latest report
Geospace Technologies reported $15.804 million of quarterly revenue and $(0.75) of EPS. Revenue fell approximately 21% sequentially and 37% year over year, while EPS improved from $(0.86) in the prior quarter but…
Read full summary
Geospace Technologies reported $15.804 million of quarterly revenue and $(0.75) of EPS. Revenue fell approximately 21% sequentially and 37% year over year, while EPS improved from $(0.86) in the prior quarter but deteriorated from $0.06 a year earlier. The provided filing excerpt does not include the financial statements, MD&A, cash-flow details, segment disclosures, or updated Item 1A risk factors, so margin, free-cash-flow, balance-sheet, segment, and quantitative-guidance conclusions are limited.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $-0.75
What stood out
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Revenue declined sequentially and year over year
Quarterly revenue was $15.804 million, down from $20.0 million in 2026Q2 and $25.0 million in 2025Q3, representing sequential and year-over-year declines of approximately 21% and 37%, respectively.
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EPS improved sequentially but fell year over year
Reported EPS was $(0.75), an improvement from $(0.86) in 2026Q2 but materially below the $0.06 reported in 2025Q3.
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Disclosure controls deemed effective
Management concluded that disclosure controls and procedures were effective as of June 30, 2026.
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No material internal-control changes
The filing states there were no changes during the quarter ended June 30, 2026 that materially affected, or were reasonably likely to materially affect, internal control over financial reporting.
What to watch
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Persistent revenue contraction
Revenue declined to $15.804 million from $20.0 million in 2026Q2 and $25.0 million in 2025Q3, increasing operating-risk pressure while EPS remained negative at $(0.75).
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Limited market-risk disclosure
Under Item 3, the company identifies itself as a smaller reporting company and states it is not required to provide market-risk disclosures under Item 305(e) of Regulation S-K, limiting visibility into quantified market exposures.
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Residual disclosure-control risk
Although controls were assessed as effective as of June 30, 2026, the filing states there can be no assurance that the controls will detect or uncover all failures to report material information.
Management's outlook
No quantitative revenue or EPS outlook is included in the provided filing text. The excerpt contains no MD&A outlook, liquidity outlook, or capital-spending forecast.
Earlier filings 4
10-Q · February 12, 2026
Geospace reported Q1 fiscal 2026 revenue of $25,586,000 and a net loss of $9,765,000 (diluted EPS $(0.76)), down sharply versus the year-ago quarter. Revenue declined 31.3% year-over-year and gross margin compressed to…
10-Q · February 6, 2025
Geospace reported revenue of $37.223M for the quarter ended December 31, 2024, down $12.809M (25.6%) year-over-year but up $2.223M (6.3%) sequentially. Gross margin expanded to 54.1% (gross profit $20.149M) driving…
10-Q · August 9, 2024
Geospace reported Q3 revenue of $25,858 (three months ended June 30, 2024) and a GAAP net loss of $2,070 (diluted EPS $(0.16)). Revenue declined year-over-year, driven by a sharp drop in rental revenue, while product…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.