Filing Flows › Coda Octopus Group (CODA) › Q3 FY26
Coda Octopus Group (CODA) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Sep 14, 2026
Coda Octopus Group (CODA) reported revenue of $7.7M for the third quarter fiscal 2026 (Q3 FY26), +9% from a year earlier and +12% from the quarter before. Operating margin was 19.9%, net earnings $1.4M (18.0% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.7M | +12% | +9% |
| Gross profit | $5.1M | +10% | +5% |
| Operating profit | $1.5M | -14% | +11% |
| Net earnings | $1.4M | -18% | +8% |
| Operating cash flow | $1.4M | +142% | -37% |
| Free cash flow | $1.2M | +172% | -23% |
What changed
Revenue was $7.7M in Q3 FY26, up 9% year over year and up 12% from the previous quarter. Equipment Sales was the largest line at 49% of revenue. Engineering Parts added $1.5M year over year (up 134%), 226% of the total change. Software Sales declined 60%.
Gross margin was 65.4%, down 2.8 points from Q3 FY25. Operating profit was $1.5M, a 19.9% margin (up 0.3 points year over year). Of the extra revenue versus Q3 FY25, 23% reached operating profit, above the 20% margin then. Operating expenses grew 2% against revenue growth of 9%. The fastest-growing cost line was Research & development (+27%). Net earnings were $1.4M, up 8% year over year. The effective tax rate was 22.4%.
Operating cash flow was $1.4M (down 37% year over year), 100% of net earnings. Non-cash charges added back $363K of depreciation and amortization and $26K of share-based compensation. Working capital and other items used $396K. Capital expenditures of $162K left free cash flow of $1.2M.
Questions
What was Coda Octopus Group's revenue in the third quarter fiscal 2026?
Coda Octopus Group (CODA) reported revenue of $7.7M for the third quarter fiscal 2026 (Q3 FY26), +9% from a year earlier and +12% from the quarter before.
Was Coda Octopus Group profitable in the third quarter fiscal 2026?
Operating profit was $1.5M (19.9% of revenue) and net earnings $1.4M.
Source: Coda Octopus Group 10-Q on SEC EDGAR.