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Coda Octopus Group, Inc.

CODA

Coda Octopus Group is a leading provider of real-time 3D underwater imaging sonar and diving technology solutions for the commercial and defense sectors.

Market cap
$120.84M+29.4%
Revenue$28.6M+17.5%
Net income$5.0M+47.0%
Free cash flow$5.6M+2.8%
EPS (diluted)$0.45+50.0%
Trailing twelve months · change vs. prior year

Earnings

Next report

Date not yet announced

Financials

Q3 2026

Income statement

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Revenue$7.7M+9.2%
Gross profit$5.1M+4.7%
Operating income$1.5M+11.1%
Net income$1.4M+8.3%
EPS (diluted)$0.12+9.1%

Balance sheet

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Cash & equivalents$31.7M+21.1%
Total debt$385.4K-3.9%
Total equity$62.7M+9.5%
Total assets$68.9M+11.2%

Cash flow

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Operating cash flow$1.4M-37.3%
CapEx$162.2K-73.4%
Free cash flow$1.2M-23.5%

Valuation & ratios

Valuation

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Market cap$120.84M+29.4%
Enterprise value$89.51M+32.5%
P/E24×-3.3×
P/S4.2×+0.4×

Profitability

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Gross margin66.1%+0.2pp
Operating margin20.1%+6.0pp
Net margin17.6%+3.5pp
FCF margin19.6%-2.8pp

Returns & leverage

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Return on equity8.4%+2.2pp
Debt / equity0.0×
Current ratio10.1×-1.3×

Segments

By product

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Equipment Sales$3.8M-10.2%
Engineering Parts$2.6M+134%
Equipment Rentals$703.9K+129%
Service$587.0K-52.4%
Software Sales$95.0K-59.9%

By geography

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Americas$3.5M+33.8%
Europe$2.5M+40.5%
Australia And Asia$1.4M-12.5%
Middle East And Africa$331.7K-69.5%

By segment

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Marine Technology Business Products$3.4M-15.2%
Defense Engineering Services Business$2.7M
Acoustic Sensors And Materials Business$1.6M+10.4%

Competitors

Profile

Coda Octopus Group is a leading provider of real-time 3D underwater imaging sonar and diving technology solutions for the commercial and defense sectors. The company specializes in high-resolution subsea visualization and augmented reality systems that enable complex underwater operations in zero-visibility conditions. Its value proposition centers on proprietary hardware and software that enhance situational awareness, safety, and efficiency for divers and autonomous underwater vehicles.

Competitive position

The company holds a unique market position as the only known provider of real-time 5D and 6D volumetric imaging sonar and patented augmented reality diving displays. It maintains a competitive edge through deep intellectual property protection and sole-source status on long-term defense programs.

GeographiesUnited States, United Kingdom, Denmark, Australia
Customer segmentsGovernment and Defense, Offshore Energy, Medical Device Manufacturers, Marine Construction
Business modelProprietary hardware manufacturing, Software licensing, Engineering services, Calibration and consultancy services
SuppliersSpecialized electronic component suppliers, Acoustic material providers, Software development tools, Patent licensors (U.S. Department of the Navy)
CustomersU.S. Navy, Prime defense contractors, Offshore wind farm operators, Oil and gas exploration companies, Commercial diving contractors
Listed1994
Employees83.0
CEOAnnmarie Gayle
FilingsSEC EDGAR

FAQ

What is Coda Octopus Group, Inc.'s market cap?
Coda Octopus Group, Inc. (CODA) has a market capitalization of $120.8M and trades on NASDAQ.
What is Coda Octopus Group, Inc.'s revenue and profitability?
Coda Octopus Group, Inc. generated $28.6M in trailing twelve-month revenue with net income of $5.0M, representing a net margin of 17.6%. Gross margin stands at 66.1%, with free cash flow of $5.6M. The latest reported period is Q3 2026.
Who are Coda Octopus Group, Inc.'s competitors?
Coda Octopus Group, Inc.'s key competitors include Teledyne Technologies, Orion Group Holdings, Inc, Geospace Technologies Corporation Common Stock, and others. These companies compete in similar markets and product categories.
Who does Coda Octopus Group, Inc. partner with?
Coda Octopus Group, Inc.'s notable partners include Raytheon, Northrop Grumman, Thales, and others.
What subsidiaries does Coda Octopus Group, Inc. have?
Coda Octopus Group, Inc.'s subsidiaries include Coda Octopus Products, Inc., Coda Octopus Products Ltd, Precision Acoustics Limited, and others.
Where is Coda Octopus Group, Inc. headquartered?
Coda Octopus Group, Inc. is headquartered in United States of America and employs approximately 83 people. It has been publicly traded since 1994.