Geospace Technologies (GEOS)
NASDAQ:GEOS
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Geospace Technologies
(NASDAQ:GEOS)
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Rating:52Neutral
Price Target:
$12.50
▲(12.41% Upside)
Action:ReiteratedDate:04/07/26
The score is held back primarily by weak financial performance—loss-making results and significant negative operating/free cash flow—despite a strong low-debt balance sheet. Technicals are mildly supportive in the short term but constrained by the longer-term downtrend (below 100/200DMA). Earnings-call catalysts (notably the ~$90M PRM contract and GeoVox subscription ramp) provide some upside potential, but near-term execution and cash-burn risk remain key.
Positive Factors
Low financial leverage (minimal debt)
Geospace's very low debt-to-equity provides durable financial flexibility, reducing solvency and refinancing risk while preserving capacity to fund multi-quarter contract execution or M&A. This structural conservatism supports resilience during cyclic downturns and gives runway to execute strategic catalysts.
Negative Factors
Negative operating and free cash flow (cash burn)
Sustained negative operating and free cash flow increases funding risk and limits organic reinvestment. Over several quarters this cash burn can force asset sales, dilutive equity raises, or debt, undermining capital allocation. Durable recovery requires either margin improvement or consistent recurring revenue growth to restore cash flows.
Read all positive and negative factors
Positive Factors
Negative Factors
Low financial leverage (minimal debt)
Geospace's very low debt-to-equity provides durable financial flexibility, reducing solvency and refinancing risk while preserving capacity to fund multi-quarter contract execution or M&A. This structural conservatism supports resilience during cyclic downturns and gives runway to execute strategic catalysts.
Read all positive factors
Geospace Technologies (GEOS) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$115.09M
Dividend YieldN/A
Average Volume (3M)208.37K
Price to Earnings (P/E)―
Beta (1Y)1.00
Revenue Growth-18.29%
EPS Growth-43.05%
CountryUS
Employees450
SectorEnergy
Sector Strength52
IndustryOil & Gas Equipment & Services
Share Statistics
EPS (TTM)-0.76
Shares Outstanding12,887,918
10 Day Avg. Volume208,215
30 Day Avg. Volume208,371
Financial Highlights & Ratios
PEG Ratio-0.48
Price to Book (P/B)1.93
Price to Sales (P/S)2.19
P/FCF Ratio-8.03
Enterprise Value/Market Cap0.92
Enterprise Value/Revenue1.06
Enterprise Value/Gross Profit6.82
Enterprise Value/Ebitda-6.04
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Geospace Technologies Business Overview & Revenue Model
Company Description
Geospace Technologies Corporation designs and manufactures instruments and equipment used in the oil and gas industry to acquire seismic data in order to locate, characterize, and monitor hydrocarbon producing reservoirs. The company operates thro...
How the Company Makes Money
GEOS makes money mainly by selling (and, where applicable, leasing) specialized seismic data acquisition equipment and related products to customers involved in geophysical exploration. Key revenue streams typically include: (1) product sales of s...
Geospace Technologies Key Performance Indicators (KPIs)
Geospace Technologies Earnings Call Summary
Earnings Call Date:Feb 04, 2026
(Q1-2026)
| % Change Since: |
Next Earnings Date:May 07, 2026
Earnings Call Sentiment Neutral
The call presented a mix of significant near-term challenges and clear future opportunities. Near-term results were weak: consolidated revenue fell ~31% YoY to $25.6M and the company swung to a $9.8M net loss, driven by lower segment demand, seasonal timing, and macro cost pressures. Offsetting these negatives are material future catalysts and strategic actions: a large ~$90M PRM contract that should begin contributing in Q3, recent Pioneer equipment sales, the GeoVox acquisition with a subscription model and early customer traction, and a conservative capital posture (limited capex, owned real estate). Overall, the issues are material in the short term, but management highlighted multi-quarter contract revenue and pipeline opportunities that could improve performance going forward.Positive Updates
Large Permanent Reservoir Monitoring (PRM) Contract (~$90M)
Company announced a previously awarded PRM contract with a total value in the "$90-ish million" range. Majority of revenue is goods; revenue recognition expected to begin in Q3 FY2026 and continue through Q1 FY2027 under an over-time/percentage-completion model, providing a multi-quarter revenue catalyst.
Negative Updates
Significant YoY Revenue Decline
Total revenue for Q1 FY2026 was $25.6M compared with $37.2M a year ago, a decrease of approximately 31% YoY, driven by weaker demand and timing differences across segments.
Read all updates
Q1-2026 Updates
Positive
Negative
Large Permanent Reservoir Monitoring (PRM) Contract (~$90M)
Company announced a previously awarded PRM contract with a total value in the "$90-ish million" range. Majority of revenue is goods; revenue recognition expected to begin in Q3 FY2026 and continue through Q1 FY2027 under an over-time/percentage-completion model, providing a multi-quarter revenue catalyst.
Read all positive updates
Company Guidance
Management gave limited formal guidance—explicitly declining to provide specific revenue or earnings targets—but did give several quantified expectations: Q1 FY2026 revenue was $25.6M (vs. $37.2M a year ago) with a net loss of $9.8M (−$0.76 per diluted share) versus prior-year net income of $8.4M ($0.65/share); segment results were Smart Water $5.8M (−21% vs. $7.3M), Energy Solutions $14.6M (−40% vs. $24.3M) including $10.6M of Pioneer equipment (prior-period included a $17M OBX sale), and Intelligent Industrial $5.1M (−8% vs. $5.6M); balance sheet and operating metrics include $10M cash, $52.2M working capital with $25.4M of trade accounts and financing receivables, a FY2026 capex budget of ~$5M and no planned additions to the rental fleet; the Petrobras contract is ~ $90M with revenue recognition beginning in Q3 FY2026 and the goods portion expected completed in Q1 2027; GeoVox shipments start this quarter with a few hundred units expected this year (addressable market in the thousands; U.S. CBP opportunity could exceed 1,000 units across ~300 border crossings); contingent consideration was increased by ~$196K related to the heartbeat detector, and rental-fleet utilization remains low/flat.Geospace Technologies Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
78
Positive
Cash Flow
29
Negative
| Breakdown | TTM | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 99.17M | 110.80M | 135.60M | 124.51M | 89.25M | 94.86M |
| Gross Profit | 15.44M | 32.90M | 52.57M | 51.69M | 18.04M | 16.29M |
| EBITDA | -17.43M | 979.00K | 8.49M | 28.94M | -3.06M | 7.30M |
| Net Income | -27.86M | -9.72M | -6.58M | 12.21M | -22.86M | -14.06M |
Balance Sheet | ||||||
| Total Assets | 144.62M | 153.04M | 152.19M | 153.04M | 135.06M | 163.93M |
| Cash, Cash Equivalents and Short-Term Investments | 10.58M | 26.34M | 37.12M | 33.72M | 17.00M | 23.56M |
| Total Debt | 873.00K | 974.00K | 512.00K | 769.00K | 1.01M | 1.23M |
| Total Liabilities | 28.74M | 27.53M | 17.57M | 20.33M | 13.41M | 21.47M |
| Stockholders Equity | 115.88M | 125.51M | 134.62M | 132.72M | 121.65M | 142.46M |
Cash Flow | ||||||
| Free Cash Flow | -33.06M | -30.20M | -12.94M | 1.67M | -16.00M | -12.48M |
| Operating Cash Flow | -25.79M | -22.23M | -9.08M | 15.56M | -10.04M | -7.17M |
| Investing Cash Flow | 36.02M | 42.69M | 3.82M | -11.88M | 14.15M | -3.32M |
| Financing Cash Flow | -1.12M | -1.01M | -6.38M | -525.00K | -1.71M | -8.23M |
Geospace Technologies Technical Analysis
Negative
11.12
Price Trends
11.19
Negative
14.34
Negative
16.55
Negative
Market Momentum
-0.53
Positive
35.22
Neutral
7.40
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GEOS, the sentiment is Negative. The current price of 11.12 is below the 20-day moving average (MA) of 11.39, below the 50-day MA of 11.19, and below the 200-day MA of 16.55, indicating a bearish trend. The MACD of -0.53 indicates Positive momentum. The RSI at 35.22 is Neutral, neither overbought nor oversold. The STOCH value of 7.40 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GEOS.
Geospace Technologies Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | $160.78M | 4.31 | 21.30% | ― | 16.61% | -72.29% | |
70 Outperform | $483.87M | 25.71 | 7.43% | 0.63% | 9.53% | 15.48% | |
68 Neutral | $676.61M | -45.45 | -3.11% | ― | -1.29% | -123.25% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
64 Neutral | $214.64M | 116.13 | 0.57% | ― | 18.98% | ― | |
60 Neutral | $695.38M | -3.63 | -16.46% | ― | -11.02% | ― | |
52 Neutral | $115.09M | -5.56 | -21.91% | ― | -18.29% | -43.05% |
* Energy Sector Average
GEOS
Geospace Technologies
8.93
2.82
46.15%
FET
Forum Energy Tech
60.11
46.54
342.96%
NGS
Natural Gas Services Group
38.44
19.99
108.34%
OIS
Oil States International
11.55
8.10
234.78%
SND
Smart Sand
4.93
3.12
172.83%
NCSM
Ncs Multistage Holdings
63.16
36.71
138.79%
Geospace Technologies Corporate Events
Business Operations and Strategy
Geospace Technologies Launches Major Workforce Reduction and Restructuring
Negative
Apr 6, 2026
At the end of the second quarter of fiscal 2026, Geospace Technologies’ executive management implemented an organizational change plan aimed at improving efficiency and profitability by optimizing its cost structure. The plan includes a Volu...
Executive/Board ChangesShareholder Meetings
Geospace Technologies Shareholders Back Board, Auditors, Compensation
Positive
Feb 5, 2026
At its annual meeting held on February 5, 2026, Geospace Technologies Corporation’s shareholders approved all management proposals, underscoring continued support for the company’s leadership and governance structure. Investors re-elec...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.