GEOS GEOSPACE TECHNOLOGIES CORP

Overview and Growth

In fiscal 2025, GEOSPACE TECHNOLOGIES CORP recorded $110.80M of revenue, net loss of $9.72M, and an operating cash outflow of $22.23M. At $110.80M, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. Compared with $135.60M in fiscal 2024, revenue decreased 18.3%, a top-line contraction that reduced operating scale. On a per-share basis, diluted EPS was -$0.76, which connects the reported earnings outcome with the company’s diluted share count. Total assets stood at $153.04M, showing the scale of resources supporting revenue, earnings, liquidity, and financing. The revenue-to-assets relationship was 0.72x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

The first profit layer was $32.90M of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. The gross-profit relationship equaled 29.7% of revenue, quantifying the portion retained before operating expenses were recognized. The reported operating result was an operating loss of $11.28M, reflecting costs that exceeded gross profit. Relative to revenue, the operating deficit measured 10.2%, showing the shortfall after operating costs. After all below-operating-line items, the company recorded a net loss of $9.72M for the fiscal year. Net margin was -8.8%, reflecting a loss equal to 8.8% of reported revenue. The company reported a pretax loss of $9.34M, before the effect of income taxes. Pretax margin was -8.4%, reflecting a pre-tax loss equal to 8.4% of revenue. The reported income-tax provision was $388.00K, the amount recognized between pretax income and the final net-income result. The net loss equaled 7.7% of period-end equity, showing the deficit relative to book capital. Relative to total assets, the net loss represented 6.4%. The net loss widened to $9.72M from $6.58M in fiscal 2024.

Liquidity and Capital Structure

At period end, the $153.04M asset base was financed through $27.53M of liabilities and $125.51M of equity. The near-term balance sheet paired $88.50M of current assets with $24.43M of current liabilities at the reporting date. At 3.62x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. The company held $26.34M in cash and equivalents, a narrower liquidity measure than total current assets. Measured only with cash and equivalents, coverage of current liabilities was 107.8%, excluding receivables and other current assets. The company carried $0.00 of total debt at period end, which frames its leverage and debt-service burden. The debt-to-equity relationship was 0.0x, showing how much debt the company carried for each unit of book equity. The debt-to-assets relationship was 0.0%, comparing borrowing with the total asset balance. Relative to total assets, liabilities measured 18.0%, complementing the separate equity-based view of the company’s capital structure. Measured against total assets, cash and equivalents represented 17.2%, a balance-sheet composition measure rather than a liquidity forecast. Total assets were 0.6% higher than fiscal 2024 assets of $152.19M, measuring the company’s own balance-sheet change. Book equity was 6.8% lower than fiscal 2024 equity of $134.62M, showing how shareholder capital changed year over year. Cash and equivalents were 282.0% higher than fiscal 2024 cash of $6.89M, showing the year-over-year change in liquid resources.

Cash Flow and Earnings Quality

The company reported an operating cash outflow of $22.23M, rather than cash generation from operations. Capital spending of $7.97M added to the period’s operating cash use, reinforcing the overall cash deficit after investment for the year. The company recorded a $30.20M cash deficit after capital spending for the period. Relative to revenue, the post-investment cash deficit represented 27.3%. The free-cash-flow deficit equaled 19.7% of total assets, placing the cash shortfall against the company’s resource base.

Based on the annual report for the fiscal year ending Sep 30, 2025. Analysis generated Oct 21, 2026.