GEOSPACE TECHNOLOGIES CORP (GEOS) Form 8-K — Aug 7, 2026
Geospace Technologies (NASDAQ: GEOS) reported fiscal Q3 2026 revenue of $15.8 million, down from $24.8 million a year earlier, and swung to a net loss of $9.7 million, or $0.75 per diluted share, versus net income of $0.8 million in the prior-year quarter. CEO Rich Kelley cited geopolitical uncertainty, project timing, sales volumes, weak customer access to capital, and margin pressure from inflation and raw material costs. For the first nine months of fiscal 2026, revenue fell to $61.1 million from $80.1 million and the net loss widened to $30.5 million, or $2.37 per diluted share.
Key figures
- Revenue
- 15804000
- Revenue Yoy
- -36.4% (calculated from stated $15.8M vs $24.8M)
- Total Assets
- 125127000
- Cash Position
- 2833000
- Shares Outstanding
- 12935603
- Q3 gross profit
- 496000
- Restricted cash
- 2000000
- Working capital
- 40600000
- Prior year q3 eps
- 0.06
- Nine month revenue
- 61132000
- Smart water q3 yoy
- -56.1%
- Navy contract value
- 10800000
- Stockholders equity
- 95710000
- Prior year q3 revenue
- 24843000
- Smart water q3 revenue
- 4622000
- Energy solutions q3 yoy
- -28%
- Navy contract completion
- December 2027
- Prior year q3 net income
- 760000
- Prior year q3 gross profit
- 7539000
- Energy solutions q3 revenue
- 5851000
- Intelligent industrial q3 yoy
- -14%
- Nine month prior year revenue
- 80089000
- Intelligent industrial q3 revenue
- 5246000
- Proceeds from rental equipment sales nine months
- 9407000
Price after filing
Close on the filing date to close N calendar days later (from $7.35). Historical, not a forecast.
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