Filing Flows › Coda Octopus Group (CODA) › Q3 FY25
Coda Octopus Group (CODA) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Sep 15, 2025
Coda Octopus Group (CODA) reported revenue of $7.1M for the third quarter fiscal 2025 (Q3 FY25), +29% from a year earlier and +0.7% from the quarter before. Operating margin was 19.5%, net earnings $1.3M (18.2% of revenue).
Coda Octopus Group, Q3 FY25: revenue $7.1M (+29% year over year), operating margin 19.5%, net earnings $1.3M, operating cash flow $2.2M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.1M | +0.7% | +29% |
| Gross profit | $4.8M | +7% | +19% |
| Operating profit | $1.4M | +27% | -0.8% |
| Net earnings | $1.3M | +41% | +0.7% |
| Operating cash flow | $2.2M | +51% | +29% |
| Free cash flow | $1.6M | +14% | +3% |
What changed
Revenue was $7.1M in Q3 FY25, up 29% year over year and up 1% from the previous quarter. Equipment Sales was the largest line at 59% of revenue. Equipment Sales added $2.5M year over year (up 149%), 158% of the total change. Equipment Rentals declined 62%.
Gross margin was 68.3%, down 5.6 points from a year earlier. Operating profit was $1.4M, a 19.5% margin (down 5.9 points year over year). Operating profit fell $11K even though revenue rose $1.6M versus a year earlier, so costs grew faster than sales. Operating expenses grew 30% against revenue growth of 29%. The fastest-growing cost line was SG&A (+33%). Net earnings were $1.3M, up 1% year over year. The effective tax rate was 16.9%.
Operating cash flow was $2.2M (up 29% year over year), 172% of net earnings. Non-cash charges added back $218K of depreciation and amortization and $30K of share-based compensation. Working capital and other items added $673K. Capital expenditures of $609K left free cash flow of $1.6M.
Questions
What was Coda Octopus Group's revenue in the third quarter fiscal 2025?
Coda Octopus Group (CODA) reported revenue of $7.1M for the third quarter fiscal 2025 (Q3 FY25), +29% from a year earlier and +0.7% from the quarter before.
Was Coda Octopus Group profitable in the third quarter fiscal 2025?
Operating profit was $1.4M (19.5% of revenue) and net earnings $1.3M.
Source: Coda Octopus Group 10-Q on SEC EDGAR.