Filing Flows › Geospace Technologies (GEOS) › Q3 FY26
Geospace Technologies (GEOS) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Aug 7, 2026
Geospace Technologies (GEOS) reported revenue of $15.8M for the third quarter fiscal 2026 (Q3 FY26), -36% from a year earlier and -20% from the quarter before. Operating margin was -64.1%, net loss $9.7M (61.4% of revenue).
Geospace Technologies, Q3 FY26: revenue $15.8M (-36% year over year), operating margin -64.1%, net loss $9.7M, operating cash flow −$10.7M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $15.8M | -20% | -36% |
| Operating profit | −$10.1M | — | -2847% |
| Net earnings | −$9.7M | — | -1377% |
| Operating cash flow | −$10.7M | — | — |
What changed
Revenue was $15.8M in Q3 FY26, down 36% year over year and down 20% from the previous quarter. Product was the largest line at 96% of revenue. Product lost $8.0M year over year (down 34%), 89% of the total change.
Gross margin was 3.1%, down 27.2 points from Q3 FY25. Operating costs exceeded revenue by $10.1M, an operating margin of -64.1%. Operating expenses grew 48% against a revenue fall of 36%. The quarter ended with a net loss of $9.7M, narrower than the previous quarter's $11.0M loss.
Operating cash flow was −$10.7M. Non-cash charges added back $2.6M of depreciation and amortization and $255K of share-based compensation. Working capital and other items used $3.9M. Capital expenditures of $306K exceeded it, leaving free cash flow of −$11.0M.
Questions
What was Geospace Technologies' revenue in the third quarter fiscal 2026?
Geospace Technologies (GEOS) reported revenue of $15.8M for the third quarter fiscal 2026 (Q3 FY26), -36% from a year earlier and -20% from the quarter before.
Was Geospace Technologies profitable in the third quarter fiscal 2026?
Operating loss was $10.1M (-64.1% of revenue) and net loss $9.7M.