Geospace Technologies Corp Financials
This page shows Geospace Technologies Corp (GEOS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 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).
Working-capital-heavy operations turned a debt-free balance sheet into the main shock absorber as cash conversion weakened in FY2025.
From FY2023 to FY2025, inventory accumulation rose from$18.4M to$30.9M . That buildup coincided with operating cash flow swinging from$15.6M positive to-$22.2M , indicating cash was tied up inside the business even before capital spending.
FY2025 cash ended at
Gross margin compressed from
Financial Health Signals
Scored against emerging 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 Geospace Technologies Corp'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.
Geospace Technologies Corp scores 3.40, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($91.6M) relative to total liabilities ($27.5M). 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.
Geospace Technologies Corp passes 0 of 9 financial strength tests. No profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, Geospace Technologies Corp generates $2.29 in operating cash flow (-$22.2M OCF vs -$9.7M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Geospace Technologies Corp earns $-66.8 in operating income for every $1 of interest expense (-$11.3M vs $169K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Geospace Technologies Corp generated $110.8M in revenue in fiscal year 2025. This represents a decrease of 18.3% from the prior year.
Geospace Technologies Corp's EBITDA was -$1.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 105.2% from the prior year.
Geospace Technologies Corp reported -$9.7M in net income in fiscal year 2025. This represents a decrease of 47.8% from the prior year.
Geospace Technologies Corp earned $-0.76 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 52.0% from the prior year.
Cash & Balance Sheet
Geospace Technologies Corp generated -$30.2M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 133.4% from the prior year.
Geospace Technologies Corp held $26.3M in cash against $0 in long-term debt as of fiscal year 2025.
Geospace Technologies Corp had 13M shares outstanding in fiscal year 2025. This represents an increase of 0.9% from the prior year.
Margins & Returns
Geospace Technologies Corp's gross margin was 29.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 9.1 percentage points from the prior year.
Geospace Technologies Corp's operating margin was -10.2% in fiscal year 2025, reflecting core business profitability. This is down 15.4 percentage points from the prior year.
Geospace Technologies Corp's net profit margin was -8.8% in fiscal year 2025, showing the share of revenue converted to profit. This is down 3.9 percentage points from the prior year.
Geospace Technologies Corp's ROE was -7.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 2.9 percentage points from the prior year.
Capital Allocation
Geospace Technologies Corp invested $18.9M in research and development in fiscal year 2025. This represents an increase of 16.4% from the prior year.
Geospace Technologies Corp spent $615K on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 90.4% from the prior year.
Geospace Technologies Corp invested $8.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 106.7% from the prior year.
GEOS Income Statement
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $19.7M-22.8% | $25.6M-16.7% | $30.7M+23.6% | $24.8M+37.8% | $18.0M-51.6% | $37.2M+5.0% | $35.4M+37.0% | $25.9M |
| Cost of Revenue | $19.0M-16.8% | $22.9M-16.0% | $27.3M+57.5% | $17.3M+6.3% | $16.3M-4.7% | $17.1M-12.5% | $19.5M+12.6% | $17.3M |
| Gross Profit | $694K-74.3% | $2.7M-22.1% | $3.5M-54.1% | $7.5M+331.3% | $1.7M-91.3% | $20.1M+26.5% | $15.9M+86.8% | $8.5M |
| R&D Expenses | $4.8M+6.3% | $4.5M-1.3% | $4.5M+7.3% | $4.2M-19.0% | $5.2M+7.0% | $4.9M+2.5% | $4.8M+19.0% | $4.0M |
| SG&A Expenses | $7.4M-11.1% | $8.3M+2.5% | $8.1M+7.0% | $7.5M+11.4% | $6.8M-8.7% | $7.4M+2.5% | $7.2M+4.3% | $6.9M |
| Operating Income | -$11.4M-11.4% | -$10.2M-11.3% | -$9.2M-2595.1% | $369K+103.6% | -$10.3M-231.2% | $7.8M+564.5% | $1.2M+149.3% | -$2.4M |
| Interest Expense | $35K+194.6% | -$37K-197.4% | $38K-13.6% | $44K+2.3% | $43K-2.3% | $44K+2.3% | $43K-2.3% | $44K |
| Income Tax | -$12K-114.8% | $81K-75.7% | $333K+389.7% | $68K+154.0% | -$126K-211.5% | $113K+2160.0% | $5K+350.0% | -$2K |
| Net Income | -$11.0M-13.1% | -$9.8M-7.8% | -$9.1M-1292.4% | $760K+107.8% | -$9.8M-217.0% | $8.4M+165.1% | -$12.9M-521.3% | -$2.1M |
| EPS (Diluted) | $-0.86-13.2% | $-0.76 | N/A | $0.06+107.8% | $-0.77-218.5% | $0.65 | N/A | $-0.16 |
GEOS Balance Sheet
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $136.7M-5.5% | $144.6M-5.5% | $153.0M+2.1% | $149.8M+0.6% | $149.0M-6.9% | $159.9M+5.1% | $152.2M+0.2% | $152.0M |
| Current Assets | $75.7M-2.6% | $77.7M-12.2% | $88.5M-1.8% | $90.1M+3.6% | $87.0M-8.5% | $95.1M+6.4% | $89.4M+3.9% | $86.0M |
| Cash & Equivalents | $13.4M+26.3% | $10.6M-59.8% | $26.3M+11.8% | $23.6M+184.0% | $8.3M+488.2% | $1.4M-79.6% | $6.9M-44.1% | $12.3M |
| Inventory | $37.0M+4.5% | $35.4M+14.5% | $30.9M+5.7% | $29.2M+7.2% | $27.3M-2.3% | $27.9M+6.5% | $26.2M+6.8% | $24.6M |
| Accounts Receivable | $6.1M-29.4% | $8.7M-31.4% | $12.7M-7.4% | $13.7M-2.7% | $14.0M-28.0% | $19.5M+33.3% | $14.6M-9.4% | $16.2M |
| Goodwill | $1.3M0.0% | $1.3M0.0% | $1.3M+70.9% | $736K0.0% | $736K0.0% | $736K0.0% | $736K0.0% | $736K |
| Total Liabilities | $31.6M+9.9% | $28.7M+4.4% | $27.5M+77.1% | $15.5M-2.1% | $15.9M-7.9% | $17.2M-1.9% | $17.6M+20.9% | $14.5M |
| Current Liabilities | $30.3M+18.5% | $25.6M+4.6% | $24.4M+60.0% | $15.3M-1.9% | $15.6M-7.8% | $16.9M-1.8% | $17.2M+21.6% | $14.1M |
| Long-Term Debt | $0 | $0 | $0 | N/A | N/A | $0 | $0 | N/A |
| Total Equity | $105.1M-9.3% | $115.9M-7.7% | $125.5M-6.5% | $134.3M+0.9% | $133.1M-6.7% | $142.7M+6.0% | $134.6M-2.0% | $137.4M |
| Retained Earnings | $24.7M-30.9% | $35.8M-21.4% | $45.6M-16.6% | $54.6M+1.4% | $53.9M-15.4% | $63.7M+15.2% | $55.3M-18.9% | $68.1M |
GEOS Cash Flow Statement
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.6M+89.5% | -$15.1M-267.0% | -$4.1M+13.1% | -$4.7M-149.7% | -$1.9M+83.6% | -$11.5M-639.7% | -$1.6M-23.9% | -$1.3M |
| Capital Expenditures | $535K-78.4% | $2.5M+16.3% | $2.1M+49.9% | $1.4M+16.6% | $1.2M-61.9% | $3.2M+1042.5% | $280K-31.9% | $411K |
| Free Cash Flow | -$2.1M+87.9% | -$17.6M-181.3% | -$6.2M-1.5% | -$6.1M-97.5% | -$3.1M+78.8% | -$14.7M-701.1% | -$1.8M-10.1% | -$1.7M |
| Investing Cash Flow | $4.4M+1221.9% | -$389K-105.3% | $7.3M-63.5% | $20.0M+117.7% | $9.2M+45.8% | $6.3M+7496.5% | -$85K+98.0% | -$4.2M |
| Financing Cash Flow | $0+100.0% | -$305K+23.4% | -$398K | $0+100.0% | -$418K-112.2% | -$197K+94.2% | -$3.4M-12.9% | -$3.0M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $0 | $0 | $0 | $0-100.0% | $418K+112.2% | $197K-94.2% | $3.4M+12.9% | $3.0M |
GEOS Financial Ratios
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 3.5%-7.0pp | 10.5%-0.7pp | 11.3%-19.1pp | 30.3%+20.6pp | 9.7%-44.4pp | 54.1%+9.2pp | 45.0%+12.0pp | 33.0% |
| Operating Margin | -57.8%-17.8pp | -40.1%-10.1pp | -30.0%-31.5pp | 1.5%+58.5pp | -57.0%-78.1pp | 21.1%+17.7pp | 3.3%+12.6pp | -9.3% |
| Net Margin | -56.0%-17.8pp | -38.2%-8.7pp | -29.5%-32.6pp | 3.1%+57.4pp | -54.4%-76.9pp | 22.5%+58.8pp | -36.3%-28.3pp | -8.0% |
| Return on Equity | -10.5%-2.1pp | -8.4%-1.2pp | -7.2%-7.8pp | 0.6%+7.9pp | -7.4%-13.2pp | 5.9%+15.4pp | -9.6%-8.0pp | -1.5% |
| Return on Assets | -8.1%-1.3pp | -6.8%-0.8pp | -5.9%-6.4pp | 0.5%+7.1pp | -6.6%-11.8pp | 5.2%+13.7pp | -8.5%-7.1pp | -1.4% |
| Current Ratio | 2.50-0.5 | 3.04-0.6 | 3.62-2.3 | 5.90+0.3 | 5.59-0.0 | 5.63+0.4 | 5.20-0.9 | 6.08 |
| Debt-to-Equity | 0.000.0 | 0.000.0 | 0.00-0.1 | 0.120.0 | 0.12+0.1 | 0.000.0 | 0.00-0.1 | 0.11 |
| FCF Margin | -10.8%+57.8pp | -68.6%-48.3pp | -20.3%+4.4pp | -24.7%-7.5pp | -17.3%+22.2pp | -39.5%-34.3pp | -5.2%+1.3pp | -6.5% |
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Frequently Asked Questions
What is Geospace Technologies Corp's annual revenue?
Geospace Technologies Corp (GEOS) reported $110.8M in total revenue for fiscal year 2025. This represents a -18.3% 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 Geospace Technologies Corp's revenue growing?
Geospace Technologies Corp (GEOS) revenue declined by 18.3% year-over-year, from $135.6M to $110.8M in fiscal year 2025.
Is Geospace Technologies Corp profitable?
No, Geospace Technologies Corp (GEOS) reported a net income of -$9.7M in fiscal year 2025, with a net profit margin of -8.8%.
What is Geospace Technologies Corp's EBITDA?
Geospace Technologies Corp (GEOS) had EBITDA of -$1.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Geospace Technologies Corp have?
As of fiscal year 2025, Geospace Technologies Corp (GEOS) had $26.3M in cash and equivalents against $0 in long-term debt.
What is Geospace Technologies Corp's gross margin?
Geospace Technologies Corp (GEOS) had a gross margin of 29.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Geospace Technologies Corp's operating margin?
Geospace Technologies Corp (GEOS) had an operating margin of -10.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Geospace Technologies Corp's net profit margin?
Geospace Technologies Corp (GEOS) had a net profit margin of -8.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Geospace Technologies Corp's return on equity (ROE)?
Geospace Technologies Corp (GEOS) has a return on equity of -7.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Geospace Technologies Corp's free cash flow?
Geospace Technologies Corp (GEOS) generated -$30.2M in free cash flow during fiscal year 2025. This represents a -133.4% 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 Geospace Technologies Corp's operating cash flow?
Geospace Technologies Corp (GEOS) generated -$22.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Geospace Technologies Corp's total assets?
Geospace Technologies Corp (GEOS) had $153.0M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Geospace Technologies Corp's capital expenditures?
Geospace Technologies Corp (GEOS) invested $8.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Geospace Technologies Corp spend on research and development?
Geospace Technologies Corp (GEOS) invested $18.9M in research and development during fiscal year 2025.
What is Geospace Technologies Corp's current ratio?
Geospace Technologies Corp (GEOS) had a current ratio of 3.62 as of fiscal year 2025, which is generally considered healthy.
What is Geospace Technologies Corp's debt-to-equity ratio?
Geospace Technologies Corp (GEOS) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Geospace Technologies Corp's return on assets (ROA)?
Geospace Technologies Corp (GEOS) had a return on assets of -6.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Geospace Technologies Corp's cash runway?
Based on fiscal year 2025 data, Geospace Technologies Corp (GEOS) had $26.3M in cash against an annual operating cash burn of $22.2M. This gives an estimated cash runway of approximately 14 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Geospace Technologies Corp's Altman Z-Score?
Geospace Technologies Corp (GEOS) has an Altman Z-Score of 3.40, 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 Geospace Technologies Corp's Piotroski F-Score?
Geospace Technologies Corp (GEOS) has a Piotroski F-Score of 0 out of 9, indicating weak financial health. 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 Geospace Technologies Corp's earnings high quality?
Geospace Technologies Corp (GEOS) has an earnings quality ratio of 2.29x, considered low quality (accrual-driven). 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.
Can Geospace Technologies Corp cover its interest payments?
Geospace Technologies Corp (GEOS) has an interest coverage ratio of -66.8x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Geospace Technologies Corp?
Geospace Technologies Corp (GEOS) scores 48 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), 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.