Geospace Technologies (GEOS)
NASDAQ:GEOS
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Earnings Data
Report Date
Aug 06, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
―Last Year’s EPS
0.06Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Negative
The call presented a mix of encouraging operational developments (PRM contract revenue commencement, strong Q2 performance in Energy Solutions, recurring revenue traction, white-label opportunities, and a planned $12M in annualized cost savings) alongside significant near-term financial headwinds (a materially wider net loss YTD, an 18% decline in 6-month revenue, a steep 61% drop in Smart Water Q2 revenue, and lower rental fleet utilization). Liquidity and access to credit provide some cushion, but the magnitude of the deterioration in profitability and Smart Water demand represents a meaningful short-term challenge. Overall, risks and negative financial trends outweigh the positives at this point, although strategic actions and large multi-year contracts could improve outcomes over time.Company Guidance
Quarterly Revenue Growth
Q2 fiscal 2026 revenue of $19.7M, up from $18.0M year-ago (approx. +9.4% quarter-over-quarter).
Energy Solutions Surge
Energy Solutions Q2 revenue of $9.6M vs $2.6M prior year, representing a +272% increase (driven by PRM contract revenue recognition and final Pioneer deliveries).
Intelligent Industrial Stability and Growth
Intelligent Industrial Q2 revenue of $6.3M, up 7% year-over-year; 6-month revenue essentially flat ($11.4M vs $11.5M prior year).
Recurring Revenue and New Contract Wins
Recognized revenue from Heartbeat Detector subscription model (underscores recurring revenue initiatives); first revenue recognized from the Petrobras Permanent Reservoir Monitoring (PRM) project as manufacturing began.
Strategic Manufacturing / White-Label Opportunities
Leveraging contract manufacturing expertise to win white-label smart water opportunities, opening new distribution channels and non-O&G end markets.
Operational Preparedness and Inventory Positioning
Increased inventory of Pioneer and Mariner components/finished goods and procured long-lead components for PRM to support timely delivery and respond quickly to customer demand; noted uptick in RFQs for summer survey season.
Cost Reduction Actions and Expected Savings
Implemented workforce reduction of ~20% and other cost actions to streamline operations; company expects roughly $12M in annualized cost savings.
Liquidity and Financing Availability
Quarter-end cash of $13.4M, available borrowings of $25M under credit facility, and working capital of $45M (includes $19M of trade accounts & financing receivables).
GEOS 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
GEOS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $8.50 | $8.40 | -1.18% |
Feb 04, 2026 | $16.00 | $9.36 | -41.50% |
Nov 20, 2025 | $17.28 | $12.80 | -25.93% |
Aug 07, 2025 | $17.32 | $14.49 | -16.34% |
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 Geospace Technologies (GEOS) report earnings?
Geospace Technologies (GEOS) is schdueled to report earning on Aug 06, 2026, After Close (Confirmed).
What is Geospace Technologies (GEOS) earnings time?
Geospace Technologies (GEOS) earnings time is at Aug 06, 2026, After Close (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 GEOS EPS forecast?
Currently, no data Available