Filing Flows › Coda Octopus Group (CODA) › Q2 FY26
Coda Octopus Group (CODA) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Jun 15, 2026
Coda Octopus Group (CODA) reported revenue of $6.9M for the second quarter fiscal 2026 (Q2 FY26), -2% from a year earlier and +3% from the quarter before. Operating margin was 26.0%, net earnings $1.7M (24.6% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.9M | +3% | -2% |
| Gross profit | $4.6M | +5% | +2% |
| Operating profit | $1.8M | +78% | +65% |
| Net earnings | $1.7M | +82% | +87% |
| Operating cash flow | $570K | -61% | -61% |
| Free cash flow | $449K | -68% | -68% |
What changed
Revenue was $6.9M in Q2 FY26, down 2% year over year and up 3% from the previous quarter. Equipment Sales was the largest line at 46% of revenue. Equipment Sales lost $1.3M year over year (down 30%), 1188% of the total change.
Gross margin was 66.3%, up 2.2 points from Q2 FY25. Operating profit was $1.8M, a 26.0% margin (up 10.5 points year over year). Operating expenses fell 18% while revenue fell 2%. Net earnings were $1.7M, up 87% year over year. The effective tax rate was 20.4%.
Operating cash flow was $570K (down 61% year over year), 34% of net earnings. Non-cash charges added back $189K of depreciation and amortization and $14K of share-based compensation. Working capital and other items used $1.3M. Capital expenditures of $121K left free cash flow of $449K.
Questions
What was Coda Octopus Group's revenue in the second quarter fiscal 2026?
Coda Octopus Group (CODA) reported revenue of $6.9M for the second quarter fiscal 2026 (Q2 FY26), -2% from a year earlier and +3% from the quarter before.
Was Coda Octopus Group profitable in the second quarter fiscal 2026?
Operating profit was $1.8M (26.0% of revenue) and net earnings $1.7M.
Source: Coda Octopus Group 10-Q on SEC EDGAR.