The earnings call highlighted significant growth in revenue and technological advancements, particularly in the Marine Technology business and the launch of the NANO GEN Series. However, the Marine Engineering business faced challenges with a notable revenue decline and decreased gross margins. Overall, the call conveyed a sense of optimism for future growth despite current challenges.

Company Guidance

During the third quarter fiscal 2025 earnings call, Coda Octopus Group reported a 29% increase in revenue compared to the third quarter of 2024, with total revenue reaching $7.1 million. The Marine Technology business, which generated 56.4% of net revenue, saw a 30.7% increase, while hardware sales rose by 103.6% to $2.7 million. However, the Marine Engineering business experienced a 33.2% decrease in revenue due to delays in contract awards. The newly acquired Precision Acoustics Limited contributed 20.6% to net revenue. Gross profit margin decreased to 68.3% from 73.9% in the previous year, impacted by changes in sales mix and underutilization of rental assets. The company highlighted the successful launch of the Echoscope PIPE NANO GEN Series and progress in the DAVD technology, anticipating significant growth in the defense and underwater robotics markets. Operating income slightly decreased to $1.38 million, while net income remained stable at $1.28 million. The company remains debt-free with $26.2 million in cash and continues to focus on its growth strategy and M&A pipeline.

Significant Revenue Increase

Revenue for the third quarter of 2025 increased by 29%, reaching $7.1 million compared to $5.5 million in the third quarter of 2024.

Marine Technology Business Growth

The Marine Technology business generated $4.0 million in revenue, a 30.7% increase from the previous year, with hardware sales increasing by 103.6%.

Launch of NANO GEN Series Sonars

Coda Octopus launched its ultra-small form factor 3D imaging sonars, NANO GEN Series, designed for small underwater vehicles and divers, with successful trials and strong market interest.

DAVD Untethered System Milestones

Successfully delivered 16 DAVD Untethered Systems to U.S. Special Forces and completed international deliveries, marking significant progress in fleet evaluation and operational deployment.

Cash Position and No Debt

As of July 31, 2025, the company had $26.2 million in cash and cash equivalents, an increase of $3.7 million from October 31, 2024, and no debt.

Coda Octopus Group (CODA) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

CODA Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 02, 2026	2025 (Q4)	0.07 / -	0.08	―	―	―
Sep 15, 2025	2025 (Q3)	0.09 / 0.11	0.11	0.00% (0.00)	―
Jun 16, 2025	2025 (Q2)	0.03 / 0.08	0.13	-38.46% (-0.05)	―
Mar 17, 2025	2025 (Q1)	0.03 / 0.08	0.06	33.33% (+0.02)	―
Jan 29, 2025	2024 (Q4)	0.07 / 0.02	-0.02	200.00% (+0.04)	―
Sep 16, 2024	2024 (Q3)	0.10 / 0.11	0.09	22.22% (+0.02)	―
Jun 12, 2024	2024 (Q2)	0.05 / 0.13	0.09	44.44% (+0.04)	―
Mar 18, 2024	2024 (Q1)	0.01 / 0.06	0.12	-50.00% (-0.06)	―
Jan 29, 2024	2023 (Q4)	0.09 / -0.02	0.06	-133.33% (-0.08)	―
Sep 13, 2023	2023 (Q3)	0.12 / 0.09	0.16	-43.75% (-0.07)	―

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
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%
Jan 29, 2025	$8.38	$7.85	-6.32%

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 Feb 02, 2026, TBA (Confirmed).

What is Coda Octopus Group Inc (CODA) earnings time?

Coda Octopus Group Inc (CODA) earnings time is at Feb 02, 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?

CODA EPS forecast for the fiscal quarter 2025 (Q4) is 0.07.

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