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

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Acoustic Sensors And Materials Business
$110.57K+16.1%
Defense Engineering Services Business
$81.67K

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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-K/A, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Coda Octopus Group, Inc.'s defense engineering services business services — research and development expense?
Coda Octopus Group, Inc. (CODA) reported defense engineering services business services — research and development expense of $43.81K in Q3 2025.
How has Coda Octopus Group, Inc.'s defense engineering services business services — research and development expense changed year-over-year?
Coda Octopus Group, Inc.'s defense engineering services business services — research and development expense decreased by 21.5% year-over-year, from $55.83K to $43.81K.
What does defense engineering services business services — research and development expense mean?
Captures the costs incurred by the segment for developing new technologies, improving existing engineering solutions, or exploring innovative defense applications. This investment is critical for maintaining long-term competitive advantage and technical relevance in the subsea and defense markets.