GEOS

MKT CAP:$129M

Geospace Technologies Corporation

Market Cap

$129M

Energy·Oil & Gas Equipment & Services·🇺🇸 United States·NASDAQ

Energy·Oil & Gas Equipment & Services·🇺🇸·NASDAQ

Stock Price

$10.19-$7.50 (-42.40%)

Apr 24, 2026

Company Details

Geospace Technologies Corporation designs and manufactures instruments and equipment used in the oil and gas industry to acquire seismic data in order to locate, characterize, and monitor hydrocarbon producing reservoirs. The company operat...

CEO

Richard James Kelley

IPO Date

Nov 21, 1997

Website

www.geospace.com

Key Metrics TTM

Revenue

$99M

-19.2% YoY

Net Income

-$28M

EPS (Diluted)

-$2.18

Free Cash Flow

-$33M

Revenue / Share

$7.72

Gross Margin

15.6%

Operating Margin

-29.6%

Net Margin

-28.1%

FCF Margin

-33.3%

P/S

1.3x

P/E

—

Earnings Reports

Q2 2026

May 7, 2026

PENDING

Q1 2026

Feb 12, 2026

$26M-31.3%EPS -$0.76

FY 2025

Nov 21, 2025

$111M-18.3%EPS -$0.76

Q4 2025

Nov 21, 2025

$31M-13.3%EPS -$0.71

Q3 2025

Aug 8, 2025

$25M-3.9%EPS $0.06

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$25M	$7M	-$2M
Q3 22	$21M	$4M	-$7M
Q4 22	$26M	$6M	-$8M
Q1 23	$31M	$11M	-$279.0K
Q2 23	$31M	$13M	$4M
Q3 23	$33M	$14M	$3M
Q4 23	$29M	$14M	$4M
Q1 24	$50M	$22M	$13M
Q2 24	$24M	$6M	-$5M
Q3 24	$26M	$9M	-$2M
Q4 24	$35M	$16M	$1M
Q1 25	$37M	$20M	$8M
Q2 25	$18M	$2M	-$10M
Q3 25	$25M	$8M	$369.0K
Q4 25	$31M	$3M	-$9M
Q1 26	$26M	$3M	-$10M

Valuation

Quarter	P/S	P/E
Q2 22	1.5x	—
Q3 22	1.6x	—
Q4 22	1.4x	—
Q1 23	1.3x	—
Q2 23	1.2x	—
Q3 23	1.1x	—
Q4 23	1.0x	10.5x
Q1 24	0.9x	5.2x
Q2 24	0.9x	8.0x
Q3 24	1.0x	12.0x
Q4 24	0.9x	—
Q1 25	1.0x	—
Q2 25	1.1x	—
Q3 25	1.1x	—
Q4 25	1.2x	—
Q1 26	1.3x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 22	-$3M	-$5M
Q3 22	-$3M	-$5M
Q4 22	$3M	$2M
Q1 23	-$5M	-$5M
Q2 23	-$214.0K	-$2M
Q3 23	$8M	$2M
Q4 23	$12M	$7M
Q1 24	$3M	-$685.0K
Q2 24	-$9M	-$13M
Q3 24	-$1M	-$6M
Q4 24	-$2M	-$2M
Q1 25	-$12M	-$15M
Q2 25	-$2M	-$4M
Q3 25	-$5M	-$6M
Q4 25	-$4M	-$6M
Q1 26	-$15M	-$18M

Capital Expenditures

Quarter	CapEx
Q2 22	$2M
Q3 22	$2M
Q4 22	$928.0K
Q1 23	$427.0K
Q2 23	$1M
Q3 23	$6M
Q4 23	$6M
Q1 24	$3M
Q2 24	$4M
Q3 24	$5M
Q4 24	$420.0K
Q1 25	$3M
Q2 25	$2M
Q3 25	$895.0K
Q4 25	$2M
Q1 26	$2M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	+3.4%	-17.8%
Q3 22	-10.4%	+6.7%
Q4 22	+33.2%	+40.1%
Q1 23	+72.9%	+26.2%
Q2 23	+27.0%	+2.4%
Q3 23	+58.1%	+8.6%
Q4 23	+13.3%	-25.7%
Q1 24	+60.8%	+18.5%
Q2 24	-22.6%	+6.6%
Q3 24	-21.0%	-4.5%
Q4 24	+20.9%	+35.8%
Q1 25	-25.6%	-21.0%
Q2 25	-25.7%	-1.6%
Q3 25	-3.9%	-13.4%
Q4 25	-13.3%	+16.5%
Q1 26	-31.3%	+21.9%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 22	$418.0K	1.7%
Q3 22	$388.0K	1.9%
Q4 22	$392.0K	1.5%
Q1 23	$370.0K	1.2%
Q2 23	$306.0K	1.0%
Q3 23	$398.0K	1.2%
Q4 23	$300.0K	1.0%
Q1 24	$406.0K	0.8%
Q2 24	$356.0K	1.5%
Q3 24	$267.0K	1.0%
Q4 24	$275.0K	0.8%
Q1 25	$349.0K	0.9%
Q2 25	$547.0K	3.0%
Q3 25	$304.0K	1.2%
Q4 25	$305.0K	1.0%
Q1 26	$419.0K	1.6%

OpEx Breakdown

Quarter	R&D	SG&A
Q2 22	$5M	$6M
Q3 22	$4M	$6M
Q4 22	$4M	$5M
Q1 23	$4M	$6M
Q2 23	$3M	$6M
Q3 23	$4M	$7M
Q4 23	$4M	$6M
Q1 24	$4M	$6M
Q2 24	$4M	$7M
Q3 24	$4M	$7M
Q4 24	$5M	$7M
Q1 25	$5M	$7M
Q2 25	$5M	$7M
Q3 25	$4M	$8M
Q4 25	$5M	$8M
Q1 26	$4M	$8M

Revenue Segments

Quarter	Adjacent Markets	Corporate Segment	Emerging Markets	Oil And Gas Market	Product	Rental
Q3 22	$11M	$50.0K	$135.0K	$10M	—	—
Q4 22	$11M	—	$140.0K	$15M	—	—
Q1 23	$11M	—	$93.0K	$20M	—	—
Q2 23	—	—	—	—	$18M	$14M
Q3 23	—	—	—	—	$20M	$13M
Q1 24	—	—	—	—	$44M	$6M
Q2 24	—	—	—	—	$19M	$5M
Q3 24	—	—	—	—	$20M	$6M
Q1 25	—	—	—	—	$33M	$5M
Q3 25	—	—	—	—	$23M	$2M
Q4 25	—	—	—	—	$30M	$567.0K
Q1 26	—	—	—	—	$24M	$2M

Revenue by Geography

Quarter	Asia	Canada	Europe	Mexico	Other	United States	South America
Q2 25	$2M	$626.0K	$1M	$811.0K	$268.0K	$14M	—
Q1 26	$1M	$2M	$534.0K	$49.0K	$211.0K	$21M	$606.0K

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$8M	$4M	$12M
Q3 22	$7M	$2M	$9M
Q4 22	$16M	$894.0K	$17M
Q1 23	$11M	$896.0K	$12M
Q2 23	$23M	$0	$23M
Q3 23	$27M	$0	$27M
Q4 23	$19M	$15M	$34M
Q1 24	$19M	$15M	$34M
Q2 24	$21M	$30M	$51M
Q3 24	$12M	$30M	$43M
Q4 24	$7M	$30M	$37M
Q1 25	$1M	$21M	$22M
Q2 25	$8M	$12M	$20M
Q3 25	$24M	$2M	$26M
Q4 25	$26M	$0	$26M
Q1 26	$11M	$0	$11M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	13M	+0.6%	-3.5%
Q3 22	13M	+0.1%	-2.5%
Q4 22	13M	+0.1%	-0.2%
Q1 23	13M	+0.4%	+1.1%
Q2 23	13M	+0.7%	+1.2%
Q3 23	13M	+1.2%	+2.4%
Q4 23	13M	+0.6%	+2.9%
Q1 24	13M	+0.5%	+3.0%
Q2 24	13M	-0.9%	+1.4%
Q3 24	13M	-1.0%	-0.8%
Q4 24	13M	-0.5%	-1.8%
Q1 25	13M	-2.1%	-4.3%
Q2 25	13M	-0.7%	-4.1%
Q3 25	13M	+0.1%	-3.1%
Q4 25	13M	+0.1%	-2.5%
Q1 26	13M	+0.2%	-0.2%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 22	$38.1K	649
Q3 22	$31.9K	649
Q4 22	$39.8K	650
Q1 23	$47.9K	650
Q2 23	$48.3K	650
Q3 23	$50.3K	650
Q4 23	$43.0K	681
Q1 24	$73.5K	681
Q2 24	$35.6K	681
Q3 24	$38.0K	681
Q4 24	$74.1K	478
Q1 25	$77.9K	478
Q2 25	$37.7K	478
Q3 25	$52.0K	478
Q4 25	$59.2K	519
Q1 26	$49.3K	519

Revenue / Employee