Filing Flows › Geospace Technologies (GEOS) › Q2 FY26 › vs Q1 FY26
Geospace Technologies (GEOS) Q2 FY26 vs Q1 FY26 (quarter over quarter)
Geospace Technologies's revenue fell $5.8M (-23%) from $25.6M in Q1 FY26 to $19.7M in Q2 FY26. The biggest changes: Product −$5.4M (-22%); Rental −$419K (-35%).
Geospace Technologies, Q2 FY26: revenue $19.7M (+10% year over year), operating margin -57.8%, net loss $11.0M, operating cash flow −$1.6M. The chart draws each line against Q1 FY26, the increases inside each band.
Every line
| Line | Q2 FY26 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Product | $19.0M | $24.4M | −$5.4M | -22% |
| Rental | $778K | $1.2M | −$419K | -35% |
| Revenue | $19.7M | $25.6M | −$5.8M | -23% |
| Other income, net | $359K | $563K | −$204K | -36% |
| Income tax benefit | $12K | −$81K | $93K | — |
| Net loss | $11.0M | $9.8M | $1.3M | +13% |
| Costs & expenses | $31.2M | $35.9M | −$4.8M | -13% |
| Operating costs | $31.2M | $35.8M | −$4.7M | -13% |
| Cost of revenue | $19.0M | $22.9M | −$3.8M | -17% |
| Research & development | $4.8M | $4.5M | $285K | +6% |
| SG&A | $7.4M | $8.3M | −$921K | -11% |
| Operating cash sources | $11.0M | $9.8M | $1.3M | +13% |
| Depreciation & amortization | $2.7M | $2.6M | $160K | +6% |
| Share-based compensation | $325K | $419K | −$94K | -22% |
| Working capital & other | $6.4M | −$8.3M | $14.7M | — |
| Cash used in operations | $1.6M | $15.1M | −$13.5M | -89% |
| Net loss absorbed | $11.0M | $9.8M | $1.3M | +13% |
Questions
How much did Geospace Technologies's revenue grow quarter over quarter in Q2 FY26?
Geospace Technologies's revenue fell $5.8M (-23%) from $25.6M in Q1 FY26 to $19.7M in Q2 FY26.
What drove Geospace Technologies's revenue change in Q2 FY26?
Product −$5.4M (-22%); Rental −$419K (-35%).