Education
About Us
Working with TipRanks
Follow Us
Coda Octopus Group Inc (CODA)
NASDAQ:CODA
Earnings Data
Report Date
Mar 18, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
0.08Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call reflects a positive operational and strategic trajectory: strong top-line growth (+30.7% revenue), improved absolute profitability (higher gross profit, operating income, and EPS), successful M&A integration, product launches (Nanogen) and completion of the DAVID hardening program with initial deliveries. Near-term challenges remain, including margin compression from a lower-margin acquisition and underutilized rental assets, increased operating costs, and timing uncertainty tied to defense budgets and product approvals (ANU). Overall the company appears to be transitioning toward higher-defense-content, program-based revenue with a solid cash position to pursue further M&A, but execution and timing of defense contracts and approvals will determine near-term revenue cadence.Company Guidance
Strong Consolidated Revenue Growth
Total revenue of $26.6M in FY2025 vs $20.3M in FY2024, an increase of 30.7%.
Improved Profitability and EPS
Net income of $4.1M (diluted EPS $0.37) vs $3.6M ($0.32) in FY2024 — net income increased ~13.9% and EPS increased ~15.6%. Operating income rose 26.6% to $4.5M.
Successful Acquisition Contribution
Precision Acoustics Limited added $5.4M of revenue in FY2025, contributing 20.4% of consolidated revenue and ~18% of consolidated gross profit; expanded underwater acoustics capability and positioned the group for larger defense contracts.
Product Launches and Technology Milestones
Launched the Nanogen ultra-compact 3D sonar series (smartphone-sized) and completed the DAVID untethered hardening program; delivered an initial batch of 16 next‑generation untethered DAVID systems for fleet evaluation.
Strong Hardware Sales Growth
Hardware sales increased 30.5% to $9.5M (from $7.2M). Hardware sales to Asia rose ~7.7% to $5.9M (from $5.5M).
Defense Revenue and Strategic Positioning
Marine technology business revenue was $13.2M (+3.2% YoY) with defense representing 46% of core-business revenue (vs 40% prior year), reflecting progress in shifting mix toward defense opportunities.
Cash Position and Debt-Free Balance Sheet
Cash and equivalents of $28.7M (up $6.2M from $22.5M) and no debt, providing capacity for M&A and strategic investments.
Gross Profit Expansion in Absolute Terms
Consolidated gross profit increased to $17.7M from $14.2M in FY2024, reflecting higher revenue and contributions from the new business unit.
CODA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CODA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 29, 2026 | $9.91 | $10.87 | +9.69% |
Sep 15, 2025 | $8.76 | $8.14 | -7.08% |
Jun 16, 2025 | $7.73 | $7.90 | +2.20% |
Mar 17, 2025 | $6.62 | $6.68 | +0.91% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Coda Octopus Group Inc (CODA) report earnings?
Coda Octopus Group Inc (CODA) is schdueled to report earning on Mar 18, 2026, TBA (Confirmed).
What is Coda Octopus Group Inc (CODA) earnings time?
Coda Octopus Group Inc (CODA) earnings time is at Mar 18, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CODA EPS forecast?
Currently, no data Available