Filing Flows › Geospace Technologies (GEOS) › Q3 FY25
Geospace Technologies (GEOS) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Aug 8, 2025
Geospace Technologies (GEOS) reported revenue of $24.8M for the third quarter fiscal 2025 (Q3 FY25), -4% from a year earlier and +38% from the quarter before. Operating margin was 1.5%, net earnings $760K (3.1% of revenue).
Geospace Technologies, Q3 FY25: revenue $24.8M (-4% year over year), operating margin 1.5%, net earnings $760K, operating cash flow −$4.7M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $24.8M | +38% | -4% |
| Gross profit | $7.5M | +331% | -12% |
| Operating profit | $369K | — | — |
| Net earnings | $760K | — | — |
| Operating cash flow | −$4.7M | — | — |
What changed
Revenue was $24.8M in Q3 FY25, down 4% year over year and up 38% from the previous quarter. Product was the largest line at 93% of revenue. Rental lost $4.0M year over year (down 71%), 396% of the total change.
Gross margin was 30.3%, down 2.6 points from a year earlier. Operating profit was $369K, a 1.5% margin (up 10.7 points year over year). Operating expenses fell 34% while revenue fell 4%. Net earnings were $760K. The effective tax rate was 8.2%. Non-operating items added $459K, 55% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$4.7M. Non-cash charges added back $2.4M of depreciation and amortization and $304K of share-based compensation. Working capital and other items used $8.2M. Capital expenditures of $1.4M exceeded it, leaving free cash flow of −$6.1M.
Questions
What was Geospace Technologies' revenue in the third quarter fiscal 2025?
Geospace Technologies (GEOS) reported revenue of $24.8M for the third quarter fiscal 2025 (Q3 FY25), -4% from a year earlier and +38% from the quarter before.
Was Geospace Technologies profitable in the third quarter fiscal 2025?
Operating profit was $369K (1.5% of revenue) and net earnings $760K.