What is Coda Octopus Group, Inc.'s earnings per share (EPS)?

Coda Octopus Group, Inc. (CODA) reported diluted earnings per share of $0.37 for fiscal year 2025. This represents a 15.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Coda Octopus Group, Inc. (CODA) Financials

CODA

Trailing 12 months to July 31, 2026

Revenue $28.6M +17.5% YoY

Net Income $5.0M +47.0% YoY

EPS (Diluted) $0.45 +50.0% YoY

Free Cash Flow $5.6M +2.8% YoY

Market Cap $122.5M as of Oct 6, 2026

Price / Sales 4.3x on $28.6M revenue, trailing 12 months to July 31, 2026

Price / Earnings 24.3x on $5.0M net income, trailing 12 months to July 31, 2026

Price / Book 2.0x on $62.7M equity, Q3 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 6, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q3 FY2026, ended Jul 31, 2026 Reported Sep 14, 2026 Currency USD FYE October

Newest figures come from the 10-Q for Q3 FY2026, filed Sep 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CODA SEC filings page.

Coda Octopus Group, Inc. (CODA) reported $28.6M in revenue over the twelve months to Jul 31, 2026, up 17.5% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 12 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI CODA FY2025 2026-10-04

FY2025 growth brought much stronger cash generation, but slightly thinner margins and a still lightly leveraged balance sheet.

Cash conversion strengthened sharply: FY2025 operating cash flow reached $7.2M against net income of $4.1M, so reported earnings understated cash produced during the year. Free cash flow also rose to $6.0M despite capital expenditures of $1.2M, indicating that the cash improvement was not simply the result of cutting reinvestment.

Revenue growth returned strongly in FY2025, but gross margin narrowed to 66.5% from 69.8%, showing that the additional volume carried a less favorable cost profile. Operating margin held comparatively steady at 17.1%, which suggests operating expenses absorbed much of the benefit rather than allowing all gross profit to reach the bottom line.

The company’s expansion remains funded primarily through its own capital: reported leverage was only 0.1x debt-to-equity, while total liabilities were modest relative to assets. Liquidity is still ample by the reported current ratio of 8.9x, although that cushion was narrower than FY2024’s 11.0x as liabilities increased faster than current assets.

Financial Health Signals

Financial Health Score 79/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Coda Octopus Group, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Coda Octopus Group, Inc. has an operating margin of 17.1%, meaning the company retains $17 of operating profit per $100 of revenue. This strong profitability earns a score of 82/100, reflecting efficient cost management and pricing power. This is down from 17.6% the prior year.

Growth

Coda Octopus Group, Inc.'s revenue surged 30.7% year-over-year to $26.6M, reflecting rapid business expansion. This strong growth earns a score of 79/100.

Leverage

Coda Octopus Group, Inc. carries a low D/E ratio of 0.11, meaning only $0.11 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 80/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

With a current ratio of 8.86, Coda Octopus Group, Inc. holds $8.86 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 97/100.

Cash Flow

Coda Octopus Group, Inc. converts 22.7% of revenue into free cash flow ($6.0M). This strong cash generation earns a score of 77/100.

Returns

Coda Octopus Group, Inc.'s ROE of 7.1% shows moderate profitability relative to equity, earning a score of 61/100. This is up from 6.9% the prior year.

Altman Z-Score Safe

12.93

Coda Octopus Group, Inc. scores 12.93, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($122.5M) relative to total liabilities ($6.4M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

5/8

Coda Octopus Group, Inc. passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

1.75x

For every $1 of reported earnings, Coda Octopus Group, Inc. generates $1.75 in operating cash flow ($7.2M OCF vs $4.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$7.7M

YoY+9.2%

QoQ+11.8%

5Y CAGR+5.8%

Coda Octopus Group, Inc. generated $7.7M in revenue in Q3 2026. This represents an increase of 9.2% from the same quarter a year earlier. Against the prior quarter it is up 11.8%.

EBITDA

$1.9M

YoY+8.5%

QoQ-11.0%

5Y CAGR+4.1%

Coda Octopus Group, Inc.'s EBITDA was $1.9M in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 8.5% from the same quarter a year earlier. Against the prior quarter it is down 11.0%.

Net Income

$1.4M

YoY+8.3%

QoQ-18.2%

5Y CAGR-1.8%

Coda Octopus Group, Inc. reported $1.4M in net income in Q3 2026. This represents an increase of 8.3% from the same quarter a year earlier. Against the prior quarter it is down 18.2%.

EPS (Diluted)

$0.12

YoY+9.1%

QoQ-20.0%

5Y CAGR-1.6%

10Y CAGR0.0%

Coda Octopus Group, Inc. earned $0.12 per diluted share (EPS) in Q3 2026. This represents an increase of 9.1% from the same quarter a year earlier. Against the prior quarter it is down 20.0%.

Cash & Balance Sheet

Free Cash Flow

$1.2M

YoY-23.5%

QoQ+171.8%

5Y CAGR-16.4%

10Y CAGR+0.2%

Coda Octopus Group, Inc. generated $1.2M in free cash flow in Q3 2026, representing cash available after capex. This represents a decrease of 23.5% from the same quarter a year earlier. Against the prior quarter it is up 171.8%.

Cash & Debt

$31.7M

YoY+21.1%

QoQ+3.6%

5Y CAGR+10.6%

10Y CAGR+16.7%

Coda Octopus Group, Inc. held $31.7M in cash as of Q3 2026; long-term debt is not reported for that period.

Shares Outstanding

11M

YoY+0.3%

QoQ0.0%

5Y CAGR+0.8%

Coda Octopus Group, Inc. had 11M shares outstanding in Q3 2026. This represents an increase of 0.3% from the same quarter a year earlier. It is unchanged from the prior quarter.

Dividends Per Share

Not reported for Q3 2026.

Margins & Returns

Gross Margin

65.4%

YoY-2.8pp

QoQ-0.9pp

5Y change-6.9pp

Coda Octopus Group, Inc.'s gross margin was 65.4% in Q3 2026, indicating the percentage of revenue retained after direct costs. This is down 2.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.9 percentage points.

Operating Margin

19.9%

YoY+0.3pp

QoQ-6.1pp

5Y change-2.8pp

Coda Octopus Group, Inc.'s operating margin was 19.9% in Q3 2026, reflecting core business profitability. This is up 0.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 6.1 percentage points.

Net Margin

18.0%

YoY-0.2pp

QoQ-6.6pp

5Y change-8.1pp

Coda Octopus Group, Inc.'s net profit margin was 18.0% in Q3 2026, showing the share of revenue converted to profit. This is down 0.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 6.6 percentage points.

Return on Equity

2.2%

YoY0.0pp

QoQ-0.5pp

5Y change-1.5pp

Coda Octopus Group, Inc.'s ROE was 2.2% in Q3 2026, measuring profit generated per dollar of shareholder equity. That is unchanged from the same quarter a year earlier. Against the prior quarter it is down 0.5 percentage points.

Capital Allocation

R&D Spending

$729K

YoY+27.4%

QoQ+12.5%

5Y CAGR+1.5%

Coda Octopus Group, Inc. invested $729K in research and development in Q3 2026. This represents an increase of 27.4% from the same quarter a year earlier. Against the prior quarter it is up 12.5%.

Share Buybacks

Coda Octopus Group, Inc. repurchased no shares in Q3 2026.

Capital Expenditures

$162K

YoY-73.4%

QoQ+33.8%

5Y CAGR-4.9%

10Y CAGR+7.1%

Coda Octopus Group, Inc. invested $162K in capex in Q3 2026, funding long-term assets and infrastructure. This represents a decrease of 73.4% from the same quarter a year earlier. Against the prior quarter it is up 33.8%.

CODA Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CODA quarterly income statement

Metric	TTM	FY2510-K/A	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1010-K	FY0910-K
Revenue	$28.6M	$26.6M+30.7%	$20.3M+5.0%	$19.4M-12.9%	$22.2M+4.2%	$21.3M+6.4%	$20.0M-20.0%	$25.1M+39.1%	$18.0M0.0%	$18.0M-14.6%	$21.1M	$11.5M-13.0%	$13.2M
Cost of Revenue	$9.7M	$8.9M+44.9%	$6.1M-2.8%	$6.3M-10.2%	$7.0M+7.2%	$6.6M-10.3%	$7.3M-15.2%	$8.6M+61.1%	$5.4M-11.6%	$6.1M-28.4%	$8.5M	$6.2M-2.2%	$6.3M
Gross Profit	$18.9M	$17.7M+24.6%	$14.2M+8.8%	$13.0M-14.2%	$15.2M+2.9%	$14.8M+16.0%	$12.7M-22.5%	$16.4M+29.7%	$12.7M+5.8%	$12.0M-5.4%	$12.7M	$5.3M-22.8%	$6.9M
R&D Expenses	$2.6M	$2.4M+9.2%	$2.2M+7.0%	$2.1M-6.3%	$2.2M-25.0%	$3.0M-6.5%	$3.2M+13.8%	$2.8M+8.9%	$2.6M+86.3%	$1.4M+36.2%	$1.0M	$1.8M-33.6%	$2.7M
SG&A Expenses	$10.5M	$10.7M+27.9%	$8.3M+1.8%	$8.2M+3.1%	$7.9M0.0%	$7.9M+18.0%	$6.7M-8.6%	$7.4M+8.8%	$6.8M+0.2%	$6.8M+11.0%	$6.1M	$6.4M-42.0%	$11.0M
Operating Income	$5.7M	$4.5M+26.6%	$3.6M+30.8%	$2.7M-45.3%	$5.0M+30.4%	$3.8M+36.9%	$2.8M-55.2%	$6.3M+88.9%	$3.3M-13.3%	$3.8M-31.1%	$5.5M	-$2.8M+58.3%	-$6.7M
EBITDA	N/A	$5.4M+25.7%	$4.3M+28.5%	$3.3M-41.2%	$5.7M+19.3%	$4.8M+31.9%	$3.6M-49.1%	$7.1M+73.5%	$4.1M-14.4%	$4.8M-24.8%	$6.3M	-$2.5M+58.1%	-$6.1M
Interest Expense	N/A	N/A	N/A	N/A	$10K+149.4%	-$20K	N/A	N/A	-$249K+58.3%	-$597K+30.3%	-$856K	-$2.0M-8.6%	-$1.8M
Income Tax	$1.8M	$1.4M+43.2%	$965K+224.9%	$297K-64.3%	$831K+172.1%	$305K+424.7%	$58K+105.8%	-$1.0M-153.4%	$1.9M+72043.2%	-$3K-103.4%	$76K	N/A	-$22K
Net Income	$5.0M	$4.1M+13.3%	$3.6M+16.7%	$3.1M-27.4%	$4.3M-13.1%	$4.9M+48.0%	$3.3M-36.0%	$5.2M+4.7%	$5.0M+49.4%	$3.3M-32.3%	$4.9M	-$1.8M+81.1%	-$9.4M
EPS (Basic)	N/A	$0.37+12.1%	$0.33+17.9%	$0.28-30.0%	$0.40-13.0%	$0.46+48.4%	$0.31-36.7%	$0.490.0%	$0.49+32.4%	$0.37-38.3%	$0.60	N/A	N/A
EPS (Diluted)	$0.45	$0.37+15.6%	$0.32+14.3%	$0.28-26.3%	$0.38-13.6%	$0.44+46.7%	$0.30-38.8%	$0.490.0%	$0.49+36.1%	$0.36-37.9%	$0.58	N/A	N/A
Diluted Shares (Avg)	N/A	11M-0.3%	11M-0.3%	11M+0.4%	11M-0.3%	11M+0.1%	11M+5.8%	11M+5.8%	10M+8.4%	9M+10.3%	8M	N/A	N/A

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K/A
Revenue	$7.7M+9.2%	$6.9M-1.6%	$6.7M+28.8%	$7.3M+43.8%	$7.1M+29.0%	$7.0M+31.8%	$5.2M+16.8%	$5.1M+41.9%
Cost of Revenue	$2.7M+19.0%	$2.3M-7.7%	$2.3M+31.5%	$2.4M-58.0%	$2.2M+2134.6%	$2.5M+1806.0%	$1.8M+507.6%	$5.6M+0.4%
Gross Profit	$5.1M+4.7%	$4.6M+1.8%	$4.4M+27.4%	$4.9M+974.0%	$4.8M+19.1%	$4.5M+20.3%	$3.4M+11.1%	-$562K+72.3%
R&D Expenses	$729K+27.4%	$648K-6.0%	$606K+11.6%	$642K-10.5%	$572K+15.3%	$690K+27.2%	$543K+11.8%	$718K+28.7%
SG&A Expenses	$2.8M-2.9%	$2.1M-21.4%	$2.8M+23.7%	$2.9M+24.9%	$2.9M+32.8%	$2.7M+47.4%	$2.2M+8.7%	$2.3M+11.6%
Operating Income	$1.5M+11.1%	$1.8M+64.8%	$1.0M+52.6%	$1.4M+389.0%	$1.4M-0.8%	$1.1M-19.5%	$662K+19.2%	$288K+188.7%
EBITDA	$1.9M+8.5%	$2.1M+49.6%	$1.2M+42.8%	$1.4M+216.4%	$1.7M+9.8%	$1.4M-7.8%	$868K+19.1%	$429K+301.2%
Income Tax	$402K+54.1%	$436K+22.1%	$256K+1070.0%	$743K+223.4%	$261K-26.9%	$357K+57.9%	$22K-85.7%	$230K-16.4%
Net Income	$1.4M+8.3%	$1.7M+86.8%	$931K+1.9%	$1.0M+214.3%	$1.3M+0.7%	$909K-35.8%	$913K+44.9%	$326K+201.6%
EPS (Basic)	$0.12+9.1%	$0.15+87.5%	$0.080.0%	$0.09+200.0%	$0.110.0%	$0.08-38.5%	$0.08+33.3%	$0.03+200.0%
EPS (Diluted)	$0.12+9.1%	$0.15+87.5%	$0.080.0%	$0.10+233.3%	$0.110.0%	$0.08-38.5%	$0.08+33.3%	$0.03+200.0%
Diluted Shares (Avg)	11M0.0%	11M-0.2%	11M-0.1%	N/A	11M-0.1%	11M+0.2%	11M+0.3%	N/A

Not reported in any period shown, so not listed: Interest Expense.

CODA Balance Sheet

CODA quarterly balance sheet

Metric	FY2510-K/A	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1010-K	FY0910-K
Total Assets	$64.5M+12.1%	$57.5M+11.0%	$51.8M+10.5%	$46.9M+3.2%	$45.5M+19.5%	$38.0M+10.2%	$34.5M+20.1%	$28.7M+19.4%	$24.1M+5.4%	$22.8M	$9.7M-26.0%	$13.1M
Current Assets	$50.0M+16.3%	$43.0M+5.1%	$40.9M+10.5%	$37.0M+4.1%	$35.6M+28.4%	$27.7M+14.0%	$24.3M+34.0%	$18.1M+18.8%	$15.3M+0.7%	$15.1M	$5.7M-22.9%	$7.4M
Cash & Equivalents	$28.7M+27.6%	$22.5M-8.1%	$24.4M+6.6%	$22.9M+29.2%	$17.7M+17.3%	$15.1M+29.1%	$11.7M+56.0%	$7.5M+9.6%	$6.9M+22.3%	$5.6M	$215K-22.0%	$276K
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$15K-70.8%	$51K
Inventory	$13.6M-2.4%	$14.0M+19.6%	$11.7M+16.5%	$10.0M-6.2%	$10.7M+16.9%	$9.1M+70.9%	$5.4M+39.9%	$3.8M+4.7%	$3.7M+40.5%	$2.6M	$1.8M-36.4%	$2.8M
Accounts Receivable	$3.7M+6.9%	$3.5M+32.2%	$2.6M-7.9%	$2.9M-31.8%	$4.2M+108.9%	$2.0M-54.5%	$4.4M+33.2%	$3.3M+134.6%	$1.4M-56.7%	$3.3M	$1.9M-8.4%	$2.0M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$3.6M0.0%	$3.6M+7.6%	$3.4M0.0%	$3.4M0.0%	$3.4M0.0%	$3.4M0.0%	$3.4M0.0%	$3.4M0.0%	$3.4M0.0%	$3.4M	N/A	N/A
Total Liabilities	$6.4M+44.4%	$4.4M+29.4%	$3.4M-3.7%	$3.5M-19.7%	$4.4M+21.2%	$3.6M-6.2%	$3.9M-10.7%	$4.3M-57.5%	$10.2M-19.3%	$12.7M	$22.8M+8.1%	$21.1M
Current Liabilities	$5.6M+44.8%	$3.9M+18.8%	$3.3M-5.5%	$3.5M-18.5%	$4.3M+25.8%	$3.4M+6.9%	$3.2M-2.3%	$3.2M-21.3%	$4.1M+17.6%	$3.5M	$22.6M+189.0%	$7.8M
Non-Current Liabilities	$737K+42.0%	$519K+289.1%	$133K+75.2%	$76K-51.8%	$158K-38.9%	$258K-63.9%	$716K-35.4%	$1.1M-81.9%	$6.1M-33.4%	$9.2M	$160K-98.8%	$13.2M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	$573K-45.9%	$1.1M-30.5%	$1.5M-79.1%	$7.3M	N/A	N/A	N/A
Total Equity	$58.1M+9.4%	$53.1M+9.7%	$48.4M+11.6%	$43.4M+5.7%	$41.0M+19.3%	$34.4M+12.3%	$30.6M+25.6%	$24.4M+76.4%	$13.8M+36.2%	$10.2M	-$13.0M-64.7%	-$7.9M
Retained Earnings	-$3.3M+55.8%	-$7.4M+33.0%	-$11.1M+22.0%	-$14.2M+23.3%	-$18.5M+21.1%	-$23.4M+12.5%	-$26.8M+16.3%	-$32.0M+13.5%	-$37.0M+8.3%	-$40.3M	-$59.3M-0.3%	-$59.1M

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K/A
Total Assets	$68.9M+11.2%	$67.3M+11.1%	$65.6M+15.3%	$64.5M+12.1%	$61.9M+10.7%	$60.6M+12.2%	$56.9M+7.3%	$57.5M+11.0%
Current Assets	$54.6M+15.2%	$52.9M+14.3%	$51.2M+19.8%	$50.0M+16.3%	$47.4M+3.7%	$46.3M+5.7%	$42.7M-0.1%	$43.0M+5.1%
Cash & Equivalents	$31.7M+21.1%	$30.6M+25.2%	$30.4M+35.1%	$28.7M+27.6%	$26.2M+3.9%	$24.5M+3.2%	$22.5M-9.8%	$22.5M-8.1%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$13.5M-1.6%	$14.0M+3.5%	$14.2M+5.7%	$13.6M-2.4%	$13.7M+5.3%	$13.5M+7.0%	$13.4M+5.2%	$14.0M+19.6%
Accounts Receivable	$5.6M+45.2%	$4.9M+4.8%	$3.8M+12.7%	$3.7M+6.9%	$3.9M+13.6%	$4.7M+7.2%	$3.4M+10.8%	$3.5M+32.2%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$3.6M0.0%	$3.6M0.0%	$3.6M0.0%	$3.6M0.0%	$3.6M+7.6%	$3.6M+7.6%	$3.6M+7.6%	$3.6M+7.6%
Total Liabilities	$6.1M+31.9%	$5.9M+26.0%	$5.4M+43.7%	$6.4M+44.4%	$4.6M+47.8%	$4.7M+60.4%	$3.8M+32.2%	$4.4M+29.4%
Current Liabilities	$5.4M+30.1%	$5.2M+22.8%	$4.7M+40.7%	$5.6M+44.8%	$4.2M+38.1%	$4.2M+50.7%	$3.3M+21.2%	$3.9M+18.8%
Non-Current Liabilities	$697K+47.5%	$710K+56.0%	$743K+65.9%	$737K+42.0%	$473K+289.3%	$455K+302.7%	$448K+305.2%	$519K+289.1%
Total Equity	$62.7M+9.5%	$61.4M+9.9%	$60.2M+13.3%	$58.1M+9.4%	$57.3M+8.5%	$55.9M+9.4%	$53.1M+5.9%	$53.1M+9.7%
Retained Earnings	$742K+117.2%	-$648K+88.4%	-$2.3M+63.9%	-$3.3M+55.8%	-$4.3M+44.4%	-$5.6M+38.0%	-$6.5M+37.7%	-$7.4M+33.0%

Not reported in any period shown, so not listed: Long-Term Debt.

CODA Cash Flow Statement

CODA quarterly cash flow statement

Metric	TTM	FY2510-K/A	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1010-K	FY0910-K
Operating Cash Flow	$6.3M	$7.2M+194.1%	$2.5M+2.6%	$2.4M-64.5%	$6.7M+105.7%	$3.3M-26.3%	$4.4M-30.6%	$6.4M+162.9%	$2.4M-49.8%	$4.8M+10.4%	$4.4M	-$256K+84.6%	-$1.7M
Depreciation & Amortization	N/A	$861K+21.3%	$710K+17.7%	$603K-11.1%	$679K-26.6%	$924K+14.6%	$807K-3.2%	$834K+7.6%	$775K-18.8%	$954K+17.8%	$809K	$274K-60.3%	$690K
Stock-Based Compensation	N/A	$225K+63.3%	$138K-78.7%	$645K-42.9%	$1.1M+7.6%	$1.1M+72.0%	$611K-6.1%	$650K+45.0%	$448K+234.1%	$134K+12.1%	$120K	$52K-82.2%	$291K
Capital Expenditures	$731K	$1.2M+133.0%	$503K-75.1%	$2.0M+333.5%	$466K-45.2%	$851K+1.9%	$835K-63.1%	$2.3M+300.3%	$565K-77.9%	$2.6M+317.0%	$614K	N/A	N/A
Free Cash Flow	$5.6M	$6.0M+209.9%	$1.9M+429.8%	$368K-94.1%	$6.3M+158.8%	$2.4M-32.8%	$3.6M-12.8%	$4.1M+121.3%	$1.9M-18.1%	$2.3M-39.6%	$3.8M	N/A	N/A
Investing Cash Flow	-$647K	-$1.2M+72.9%	-$4.4M-190.7%	-$1.5M-173.2%	-$557K+42.3%	-$964K+3.4%	-$998K+36.9%	-$1.6M-148.4%	-$637K+68.8%	-$2.0M-232.7%	-$614K	$232K+203.7%	-$224K
Financing Cash Flow	N/A	N/A	-$16K+13.0%	-$18K+80.5%	-$92K-166.0%	$139K-14.2%	$162K+123.4%	-$693K+26.5%	-$942K+49.0%	-$1.8M-4.4%	-$1.8M	$246K+115.1%	-$1.6M
Share Buybacks	N/A	N/A	$16K-13.0%	$18K	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K/A
Operating Cash Flow	$1.4M-37.3%	$570K-61.0%	$1.5M+130.2%	$2.9M+45.6%	$2.2M+28.8%	$1.5M+253.0%	$642K+315.3%	$2.0M+98.4%
Depreciation & Amortization	$363K-1.4%	$337K+0.4%	$229K+11.5%	$218K+24.1%	$368K+83.2%	$336K+72.9%	$206K+18.7%	$176K+36.0%
Stock-Based Compensation	$26K-13.4%	$14K-79.3%	$27K-73.1%	N/A	$30K-19.7%	$66K+208.8%	$100K+29.9%	N/A
Capital Expenditures	$162K-73.4%	$121K+77.7%	$82K-35.8%	$365K+670.6%	$609K+269.2%	$68K-55.8%	$128K-5.6%	$47K-97.0%
Free Cash Flow	$1.2M-23.5%	$449K-67.8%	$1.4M+171.7%	$2.5M+30.4%	$1.6M+3.1%	$1.4M+225.6%	$513K+218.4%	$1.9M+433.2%
Investing Cash Flow	-$180K+70.6%	$12K+117.0%	-$105K+22.0%	-$374K+92.0%	-$614K-248.9%	-$73K+63.0%	-$135K-122.2%	-$4.7M-360.6%
Financing Cash Flow	$0	N/A	N/A	N/A	N/A	N/A	N/A	$0
Share Buybacks	$0	N/A	N/A	N/A	N/A	N/A	N/A	$0

Not reported in any period shown, so not listed: Dividends Paid.

CODA Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CODA quarterly financial ratios

Metric	FY2510-K/A	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1010-K	FY0910-K
Gross Margin	66.5%-3.3pp	69.8%+2.4pp	67.3%-1.0pp	68.3%-0.9pp	69.2%+5.7pp	63.5%-2.1pp	65.6%-4.7pp	70.3%+3.9pp	66.4%+6.5pp	59.9%	46.4%-5.9pp	52.2%
Operating Margin	17.1%-0.6pp	17.6%+3.5pp	14.2%-8.3pp	22.5%+4.5pp	18.0%+4.0pp	14.0%-11.0pp	25.0%+6.6pp	18.4%-2.8pp	21.2%-5.0pp	26.2%	-24.4%+26.6pp	-51.0%
Net Margin	15.6%-2.4pp	17.9%+1.8pp	16.1%-3.2pp	19.4%-3.8pp	23.2%+6.5pp	16.7%-4.2pp	20.8%-6.8pp	27.7%+9.2pp	18.5%-4.8pp	23.4%	-15.4%+55.9pp	-71.3%
Return on Equity	7.1%+0.3pp	6.9%+0.4pp	6.5%-3.5pp	9.9%-2.1pp	12.0%+2.3pp	9.7%-7.3pp	17.1%-3.4pp	20.5%-3.7pp	24.1%-24.4pp	48.6%	N/A	N/A
Return on Assets	6.4%+0.1pp	6.3%+0.3pp	6.0%-3.1pp	9.2%-1.7pp	10.9%+2.1pp	8.8%-6.3pp	15.1%-2.2pp	17.4%+3.5pp	13.9%-7.7pp	21.6%	-18.3%+53.5pp	-71.8%
Current Ratio	8.86-2.2x	11.03-1.4x	12.47+1.8x	10.67+2.3x	8.35+0.2x	8.18+0.5x	7.67+2.1x	5.59+1.9x	3.71-0.6x	4.33	0.25-0.7x	0.94
Debt-to-Equity	0.110.0x	0.080.0x	0.070.0x	0.080.0x	0.11+0.1x	0.020.0x	0.030.0x	0.06-0.5x	0.53-0.7x	1.25	N/A	N/A
Asset Turnover	0.41+0.1x	0.350.0x	0.37-0.1x	0.470.0x	0.47-0.1x	0.53-0.2x	0.73+0.1x	0.63-0.1x	0.75-0.2x	0.92	1.18+0.2x	1.01
FCF Margin	22.7%+13.2pp	9.6%+7.7pp	1.9%-26.3pp	28.2%+16.8pp	11.3%-6.6pp	18.0%+1.5pp	16.5%+6.1pp	10.3%-2.3pp	12.6%-5.2pp	17.9%	N/A	N/A

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K/A
Gross Margin	65.4%-2.8pp	66.3%+2.2pp	65.1%-0.7pp	67.6%+78.7pp	68.3%-5.6pp	64.1%-6.1pp	65.8%-3.4pp	-11.1%+45.8pp
Operating Margin	19.9%+0.3pp	26.0%+10.5pp	15.0%+2.3pp	19.3%+13.6pp	19.5%-5.9pp	15.5%-9.9pp	12.7%+0.3pp	5.7%+14.8pp
Net Margin	18.0%-0.2pp	24.6%+11.6pp	13.9%-3.7pp	14.1%+7.6pp	18.2%-5.1pp	13.0%-13.6pp	17.5%+3.4pp	6.5%+15.5pp
Return on Equity	2.2%0.0pp	2.8%+1.1pp	1.6%-0.2pp	1.8%+1.1pp	2.2%-0.2pp	1.6%-1.1pp	1.7%+0.5pp	0.6%+1.3pp
Return on Assets	2.0%-0.1pp	2.5%+1.0pp	1.4%-0.2pp	1.6%+1.0pp	2.1%-0.2pp	1.5%-1.1pp	1.6%+0.4pp	0.6%+1.2pp
Current Ratio	10.06-1.3x	10.15-0.8x	10.90-1.9x	8.86-2.2x	11.37-3.8x	10.91-4.6x	12.80-2.7x	11.03-1.4x
Debt-to-Equity	0.100.0x	0.100.0x	0.090.0x	0.110.0x	0.080.0x	0.080.0x	0.070.0x	0.080.0x
Asset Turnover	0.110.0x	0.100.0x	0.100.0x	0.110.0x	0.110.0x	0.120.0x	0.090.0x	0.090.0x
FCF Margin	15.8%-6.8pp	6.5%-13.4pp	20.8%+10.9pp	34.9%-3.6pp	22.6%-5.7pp	19.9%+40.7pp	9.8%+19.6pp	38.5%+54.9pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Coda Octopus Group, Inc. CODA	FY2025	$26.6M	$4.1M	15.6%	$122.5M	79/100
Draganfly Inc. DPRO	FY2023	N/A	N/A	N/A	$191.8M	—
Optex Systems Holdings, INC OPXS	FY2025	$41.3M	$5.1M	12.4%	$71.8M	79/100
New Horizon Aircraft Ltd. HOVR	FY2023	N/A	$8.6M	N/A	$109.4M	—
Mobilicom Limited MOB	FY2025	$3.4M	-$23.7M	N/A	$51.7M	40/100
Safe Pro Group Inc. SPAI	FY2025	$607K	-$14.3M	N/A	$89.2M	—

Where Coda Octopus Group, Inc. Ranks

Frequently Asked Questions

What is Coda Octopus Group, Inc.'s annual revenue?

Coda Octopus Group, Inc. (CODA) reported $26.6M in total revenue for fiscal year 2025. This represents a 30.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Coda Octopus Group, Inc.'s revenue growing?

Coda Octopus Group, Inc. (CODA) revenue grew by 30.7% year-over-year, from $20.3M to $26.6M in fiscal year 2025.

Is Coda Octopus Group, Inc. profitable?

Yes, Coda Octopus Group, Inc. (CODA) reported a net income of $4.1M in fiscal year 2025, with a net profit margin of 15.6%.

What is Coda Octopus Group, Inc.'s EBITDA?

Coda Octopus Group, Inc. (CODA) had EBITDA of $5.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is Coda Octopus Group, Inc.'s gross margin?

Coda Octopus Group, Inc. (CODA) had a gross margin of 66.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Coda Octopus Group, Inc.'s operating margin?

Coda Octopus Group, Inc. (CODA) had an operating margin of 17.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Coda Octopus Group, Inc.'s net profit margin?

Coda Octopus Group, Inc. (CODA) had a net profit margin of 15.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Coda Octopus Group, Inc.'s return on equity (ROE)?

Coda Octopus Group, Inc. (CODA) has a return on equity of 7.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Coda Octopus Group, Inc.'s free cash flow?

Coda Octopus Group, Inc. (CODA) generated $6.0M in free cash flow during fiscal year 2025. This represents a 209.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Coda Octopus Group, Inc.'s operating cash flow?

Coda Octopus Group, Inc. (CODA) generated $7.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Coda Octopus Group, Inc.'s total assets?

Coda Octopus Group, Inc. (CODA) had $64.5M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Coda Octopus Group, Inc.'s capital expenditures?

Coda Octopus Group, Inc. (CODA) invested $1.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Coda Octopus Group, Inc. spend on research and development?

Coda Octopus Group, Inc. (CODA) invested $2.4M in research and development during fiscal year 2025.

How many shares does Coda Octopus Group, Inc. have outstanding?

Coda Octopus Group, Inc. (CODA) had 11M shares outstanding as of fiscal year 2025.

What is Coda Octopus Group, Inc.'s current ratio?

Coda Octopus Group, Inc. (CODA) had a current ratio of 8.86 as of fiscal year 2025, which is generally considered healthy.

What is Coda Octopus Group, Inc.'s debt-to-equity ratio?

Coda Octopus Group, Inc. (CODA) had a debt-to-equity ratio of 0.11 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Coda Octopus Group, Inc.'s return on assets (ROA)?

Coda Octopus Group, Inc. (CODA) had a return on assets of 6.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Coda Octopus Group, Inc.'s P/E ratio?

Coda Octopus Group, Inc. (CODA) trades at 24.3x earnings, its market capitalization divided by net income of $5.0M net income, trailing 12 months to July 31, 2026. The market capitalization is $122.5M as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Coda Octopus Group, Inc.'s price-to-sales ratio?

Coda Octopus Group, Inc. (CODA) trades at 4.3x sales, its market capitalization divided by revenue of $28.6M revenue, trailing 12 months to July 31, 2026. The market capitalization is $122.5M as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Coda Octopus Group, Inc.'s Altman Z-Score?

Coda Octopus Group, Inc. (CODA) has an Altman Z-Score of 12.93, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Coda Octopus Group, Inc.'s Piotroski F-Score?

Coda Octopus Group, Inc. (CODA) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Coda Octopus Group, Inc.'s earnings high quality?

Coda Octopus Group, Inc. (CODA) has an earnings quality ratio of 1.75x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Coda Octopus Group, Inc.?

Coda Octopus Group, Inc. (CODA) scores 79 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.