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Coda Octopus Group, Inc. CODA Defense Engineering Services Business — Research And Development Expense

Other segment segments

Marine Technology Business Products
$456.07K-19.3%
Defense Engineering Services Business Services
$175.25K
Acoustic Sensors And Materials Business
$110.57K+16.1%

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ALNTEngineering And Development Expense
$9.64M+0.9%

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:ResearchAndDevelopmentExpense.

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 — research and development expense?
Coda Octopus Group, Inc. (CODA) reported defense engineering services business — research and development expense of $81.67K in Q1 2026.
What does defense engineering services business — research and development expense mean?
This metric tracks the expenditures dedicated to research and development activities specifically within the defense engineering services segment. These investments are critical for maintaining technological competitiveness and developing new capabilities for defense applications. While these costs reduce current period earnings, they are essential for long-term innovation and market positioning.