Filing Flows › Coda Octopus Group (CODA) › Q3 FY26 › vs Q2 FY26
Coda Octopus Group (CODA) Q3 FY26 vs Q2 FY26 (quarter over quarter)
Coda Octopus Group's revenue rose $813K (+12%) from $6.9M in Q2 FY26 to $7.7M in Q3 FY26. The biggest changes: Equipment Sales +$605K (+19%); Engineering Parts +$476K (+23%); Service −$170K (-22%). Gross margin 65.4% against 66.3% (-0.9 pts).
Coda Octopus Group, Q3 FY26: revenue $7.7M (+9% year over year), operating margin 19.9%, net earnings $1.4M, operating cash flow $1.4M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q3 FY26 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 65.4% | 66.3% | -0.9 pts |
| Operating margin | 19.9% | 26.0% | -6.1 pts |
| Net margin | 18.0% | 24.6% | -6.6 pts |
| Free cash flow margin | 15.8% | 6.5% | +9.3 pts |
Every line
| Line | Q3 FY26 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Equipment Sales | $3.8M | $3.2M | $605K | +19% |
| Engineering Parts | $2.6M | $2.1M | $476K | +23% |
| Equipment Rentals | $704K | $761K | −$57K | -8% |
| Service | $587K | $757K | −$170K | -22% |
| Software Sales | $95K | $135K | −$40K | -30% |
| Revenue | $7.7M | $6.9M | $813K | +12% |
| Gross profit | $5.1M | $4.6M | $472K | +10% |
| Cost of revenue | $2.7M | $2.3M | $341K | +15% |
| Other income, net | $258K | $341K | −$83K | -24% |
| Operating profit | $1.5M | $1.8M | −$260K | -14% |
| Operating expenses | $3.5M | $2.8M | $732K | +26% |
| Pre-tax earnings | $1.8M | $2.1M | −$342K | -16% |
| Research & development | $729K | $648K | $81K | +12% |
| SG&A | $2.8M | $2.1M | $651K | +30% |
| Net earnings | $1.4M | $1.7M | −$308K | -18% |
| Income tax | $402K | $436K | −$34K | -8% |
| Depreciation & amortization | $363K | $189K | $174K | +92% |
| Share-based compensation | $26K | $14K | $12K | +88% |
| Working capital & other | $396K | $1.3M | −$935K | -70% |
| Operating cash flow | $1.4M | $570K | $812K | +142% |
| Free cash flow (OCF − capex) | $1.2M | $449K | $771K | +172% |
| Capital expenditures | $162K | $121K | $41K | +34% |
Questions
How much did Coda Octopus Group's revenue grow quarter over quarter in Q3 FY26?
Coda Octopus Group's revenue rose $813K (+12%) from $6.9M in Q2 FY26 to $7.7M in Q3 FY26.
What drove Coda Octopus Group's revenue change in Q3 FY26?
Equipment Sales +$605K (+19%); Engineering Parts +$476K (+23%); Service −$170K (-22%).