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Coda Octopus Group, Inc. CODA Defense Engineering Services Business — Current Income Tax Expense Benefit

Other segment segments

Corporate
$199.93K
Defense Engineering Services Business Services
-$183.34K
Acoustic Sensors And Materials Business
$123.26K-26.2%
Marine Technology Business Products
-$39.81K-222%

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FRA
FRAFCurrent Income Tax Expense (Benefit)
$1.45M+115%

Other financials

Income statement

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Revenue$6.9M-1.6%
Gross profit$4.6M+1.8%
Operating income$1.8M+64.8%
Net income$1.7M+86.8%
EPS (diluted)$0.15+87.5%

Balance sheet

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Cash & equivalents$30.6M+25.2%
Total debt$384.6K-8.8%
Total equity$61.4M+9.9%
Total assets$67.3M+11.1%

Cash flow

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Operating cash flow$570.4K-61.0%
CapEx$121.3K+77.7%
Free cash flow$449.1K-67.8%

Valuation

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Market cap$110.21M+20.0%
Enterprise value$79.97M+17.9%
P/E22.3×-4.5×
P/S3.9×-0.1×

Profitability

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Gross margin66.8%-0.3pp
Operating margin20%+4.9pp
Net margin17.7%+2.6pp
FCF margin21.4%-2.3pp

Returns & leverage

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Return on equity8.4%+2.0pp
Debt / equity0.0×
Current ratio10.2×-0.8×

Where this comes from

Reported directly by Coda Octopus Group, Inc. in its filing.

Tagged under the XBRL concept us-gaap:CurrentIncomeTaxExpenseBenefit.

The official record: Coda Octopus Group, Inc.’s 10-Q, filed June 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Coda Octopus Group, Inc.'s defense engineering services business — current income tax expense benefit?
Coda Octopus Group, Inc. (CODA) reported defense engineering services business — current income tax expense benefit of $148.83K in Q1 2026.
What does defense engineering services business — current income tax expense benefit mean?
This represents the current portion of income tax expense or benefit specifically attributable to the Defense Engineering Services segment. It reflects the immediate tax liability or credit generated by the segment's operational activities during the reporting period. Monitoring this helps investors understand the tax impact of the segment's current earnings before deferred tax adjustments.