Coda Octopus Group, Inc. · CODA · 10-Q · Filed
Reports Q3 Revenue Up 9.2%, Net Income Up 8.3%
CODA
10-Q
Earnings
Source: SEC EDGAR, accession 0001493152-26-042475
What did Coda Octopus Group, Inc. announce?
CODA Octopus Group reports Q3 revenue of $7.72M, up 9.2% YoY, and net income of $1.39M, up 8.3% YoY.
Key details
- Q3 2026 diluted EPS was $0.12, compared to $0.11 in Q3 2025.
- Gross profit margin was 65.4% in Q3 2026, down from 68.3% in Q3 2025.
- Defense Engineering Services Business revenue increased by 68.3% to $2.73 million.
- Marine Technology Business revenue decreased by 15.2% to $3.38 million, primarily due to geopolitical instability.
Reported results
| Measure | Reported |
|---|---|
| Period | Q3 FY2026 |
| Revenue | $7.72M |
| Revenue, year ago | $7.06M |
| Revenue growth, YoY | +9.2% |
| Gross margin | 65.4% |
| Diluted EPS | $0.12 |
| Reporting currency | USD |
Figures as reported by Coda Octopus Group, Inc. in this filing, in USD. Year-over-year growth is calculated from the two revenue lines above.
Why it matters
This 10-Q reports a results announcement at Coda Octopus Group, Inc.. The likely share-price reaction reads as neutral.
Neutral