Coda Octopus Group (CODA) Stock News

Coda Octopus Group (Nasdaq: CODA) reported fiscal Q1 2026 results for the quarter ended January 31, 2026. Total revenue rose 28.8% to approximately $6.7 million while gross profit increased to $4.4 million and operating income rose to $1.0 million.

Marine Technology revenue grew 47.4% to $3.4 million, Asia Echoscope sales increased 63.4% to ~$2.6 million, and cash on hand was $30.4 million as of quarter end.

Coda Octopus (NASDAQ: CODA) will host its Fiscal First Quarter 2026 earnings conference call on Tuesday, March 17, 2026 at 10:00 a.m. Eastern to discuss results for the quarter ended January 31, 2026.

According to Coda Octopus, a press release with results will be issued before market open on March 17, 2026. The live call will include prepared remarks and Q&A, with replay available through March 31, 2026.

Coda Octopus Group (Nasdaq: CODA) reported audited FY2025 results for year ended Oct 31, 2025, highlighting consolidated revenue of approximately $26.6M (up 30.7% year‑over‑year) and gross profit of $17.7M with gross margin of 66.5%. Operating income rose to $4.5M and diluted EPS was $0.37.

The company completed the DUS Hardening Program, delivered 16 next‑generation DUS systems to the U.S. Navy, acquired Precision Acoustics (Oct 29, 2024) and recorded DAVD/DAVD‑related sales of about $3.7M.

Coda Octopus Group (NASDAQ: CODA) will host its FY2025 earnings conference call on Thursday, January 29, 2026 at 10:00 a.m. Eastern to discuss results for the fiscal year ended October 31, 2025.

A press release with results will be issued before market open on January 29, 2026. Management will give prepared remarks followed by Q&A. The live call requires dialing in about 10 minutes early for registration and will be broadcast live with a replay available from 2:00 p.m. Eastern on January 29, 2026 through Thursday, February 12, 2026 at 11:59 p.m. ET. Conference ID and replay access details are provided.

Coda Octopus Group (NASDAQ:CODA), a leader in real-time subsea imaging technology, reported strong fiscal Q3 2025 results with revenue increasing 29.0% to $7.1 million. The company's net income grew 0.7% to $1.28 million, with diluted EPS remaining steady at $0.11.

The Marine Technology Business saw a 30.7% revenue increase to $4.0 million, driven by a 103.6% surge in equipment sales. Notable achievements include delivering 16 DAVD untethered systems to the U.S. Navy and completing the DUS Hardening Program. The company successfully launched its new Echoscope PIPE NANO GEN SERIES®, targeting the growing defense and underwater robotics markets.

The company maintained a strong financial position with cash balance increasing to $26.2 million, up $3.7 million from October 2024. Gross margin was 68.3%, while operating margin decreased to 19.5% from 25.4% in the previous year.

Coda Octopus Group (NASDAQ:CODA) has launched its new Echoscope PIPE NANO GEN Series®, an ultra-small form factor series of real-time 3D/4D/5D/6D imaging sonars. The new technology, developed over two years, is specifically designed for smaller underwater vehicles, drones, diver platforms, and robotics.

The NANO GEN Series, comparable in size to a smartphone, maintains the same high-quality imaging capabilities as CODA's proven Echoscope PIPE® sonars while adding new forward-looking obstacle avoidance and spatial awareness features. The company has already conducted successful trials with key Defense customers and sees potential integration into various programs.

Coda Octopus Group (NASDAQ: CODA), a leader in real-time 3D/4D/5D and 6D imaging sonar technology, has scheduled its fiscal third quarter 2025 earnings conference call for Monday, September 15, 2025, at 10:00 a.m. Eastern Time.

The company will release its financial results for the quarter ended July 31, 2025, via press release before market open on the same day. Management will provide prepared remarks followed by a Q&A session. The call will be available for replay until September 29, 2025.

Coda Octopus Group (NASDAQ:CODA), a leader in subsea imaging sonar technology, announced that its subsidiary Precision Acoustics Limited has received ISO:17025 accreditation from the United Kingdom Accreditation Service (UKAS) for ultrasonic hydrophone calibration capabilities.

This prestigious certification makes Precision Acoustics one of only two organizations in the UK with this accreditation, alongside the National Physical Laboratory (NPL). The accreditation specifically covers "Ultrasonic Free-Field Sensitivity" measurements, which are crucial for markets requiring precision ultrasonic measurement and strict safety compliance, including medical ultrasound and defense applications.

Coda Octopus Group (NASDAQ: CODA) reported its fiscal Q2 2025 results, showing strong revenue growth of 31.8% to $7.0 million. The company's Marine Technology Business revenue increased by 10% to $3.9 million, while Marine Engineering Business grew 2.3% to $1.84 million. The newly acquired Acoustics Sensors and Material segment contributed $1.3 million. Despite revenue growth, net income decreased 35.8% to $0.9 million, with diluted EPS of $0.08 compared to $0.13 in Q2 2024. The company highlighted significant progress in its DAVD Program, securing orders worth $1.53M for tethered systems and preparing to deliver 16 untethered systems. CODA maintains a strong cash position of $24.5 million, up $2.0 million from October 2024. While rental revenue declined 75.9% due to reduced offshore renewable projects, equipment sales increased 65.5%, and the company sees opportunities in defense spending and domestic oil & gas production.