Filing Flows › Coda Octopus Group (CODA) › Q2 FY26 › vs Q1 FY26
Coda Octopus Group (CODA) Q2 FY26 vs Q1 FY26 (quarter over quarter)
Coda Octopus Group's revenue rose $194K (+3%) from $6.7M in Q1 FY26 to $6.9M in Q2 FY26. The biggest changes: Engineering Parts +$676K (+48%); Equipment Sales −$465K (-13%); Software Sales −$74K (-35%). Gross margin 66.3% against 65.1% (+1.2 pts).
Coda Octopus Group, Q2 FY26: revenue $6.9M (-2% year over year), operating margin 26.0%, net earnings $1.7M, operating cash flow $570K. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q2 FY26 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 66.3% | 65.1% | +1.2 pts |
| Operating margin | 26.0% | 15.1% | +10.9 pts |
| Net margin | 24.6% | 13.9% | +10.7 pts |
| Free cash flow margin | 6.5% | 20.8% | -14.3 pts |
Every line
| Line | Q2 FY26 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Equipment Sales | $3.2M | $3.6M | −$465K | -13% |
| Engineering Parts | $2.1M | $1.4M | $676K | +48% |
| Equipment Rentals | $761K | $747K | $14K | +2% |
| Service | $757K | $715K | $42K | +6% |
| Software Sales | $135K | $209K | −$74K | -35% |
| Revenue | $6.9M | $6.7M | $194K | +3% |
| Gross profit | $4.6M | $4.4M | $211K | +5% |
| Cost of revenue | $2.3M | $2.3M | −$17K | -0.7% |
| Other income, net | $341K | $177K | $164K | +93% |
| Operating profit | $1.8M | $1.0M | $783K | +78% |
| Operating expenses | $2.8M | $3.4M | −$572K | -17% |
| Pre-tax earnings | $2.1M | $1.2M | $947K | +80% |
| Research & development | $648K | $606K | $42K | +7% |
| SG&A | $2.1M | $2.8M | −$614K | -22% |
| Net earnings | $1.7M | $931K | $767K | +82% |
| Income tax | $436K | $256K | $180K | +70% |
| Depreciation & amortization | $189K | $366K | −$177K | -48% |
| Share-based compensation | $14K | $27K | −$13K | -49% |
| Working capital & other | $1.3M | −$153K | $1.5M | — |
| Operating cash flow | $570K | $1.5M | −$907K | -61% |
| Free cash flow (OCF − capex) | $449K | $1.4M | −$946K | -68% |
| Capital expenditures | $121K | $82K | $39K | +47% |
Questions
How much did Coda Octopus Group's revenue grow quarter over quarter in Q2 FY26?
Coda Octopus Group's revenue rose $194K (+3%) from $6.7M in Q1 FY26 to $6.9M in Q2 FY26.
What drove Coda Octopus Group's revenue change in Q2 FY26?
Engineering Parts +$676K (+48%); Equipment Sales −$465K (-13%); Software Sales −$74K (-35%).