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Coda Octopus Group, Inc. CODA Defense Engineering Services Business — Gross Profit

Other segment segments

Defense Engineering Services Business Services
$4.64M
Marine Technology Business Products
$2.19M-16.8%
Acoustic Sensors And Materials Business
$819.62K-3.5%

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$62M-16.2%

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:GrossProfit.

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 — gross profit?
Coda Octopus Group, Inc. (CODA) reported defense engineering services business — gross profit of $1.57M in Q1 2026.
What does defense engineering services business — gross profit mean?
Gross profit for the defense engineering services segment is calculated as segment revenue minus the direct costs of providing those services. It measures the fundamental profitability of the segment's core operations before accounting for administrative or research expenses. A healthy gross margin indicates effective pricing strategies and efficient management of direct project costs.