What is Coda Octopus Group, Inc.'s R&D?

Coda Octopus Group, Inc. (CODA) reported R&D of $648.3K in Q1 2026.

How has Coda Octopus Group, Inc.'s R&D changed year-over-year?

Coda Octopus Group, Inc.'s R&D decreased by 6.0% year-over-year, from $690K to $648.3K.

What is the long-term trend for Coda Octopus Group, Inc.'s R&D?

Over 4 years (2021 to 2025), Coda Octopus Group, Inc.'s R&D has grown at a -4.8% compound annual growth rate (CAGR), from $2.98M to $2.45M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Coda Octopus Group, Inc. CODA R&D

R&D at other companies

Teledyne TechnologiesTDY

$84.6M+13.9%

Geospace Technologies CorporationGEOS

$4.77M-8.8%

Curtiss-WrightCW

$24.18M+5.1%

Mistras GroupMG

$221K-26.1%

Segments

By segment

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Marine Technology Business Products$456.07K-19.3%

Defense Engineering Services Business Services$175.25K—

Acoustic Sensors And Materials Business$110.57K+16.1%

Defense Engineering Services Business$81.67K—

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 / equity0×0.0×

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 R&D?: Coda Octopus Group, Inc. (CODA) reported R&D of $648.3K in Q1 2026.
How has Coda Octopus Group, Inc.'s R&D changed year-over-year?: Coda Octopus Group, Inc.'s R&D decreased by 6.0% year-over-year, from $690K to $648.3K.
What is the long-term trend for Coda Octopus Group, Inc.'s R&D?: Over 4 years (2021 to 2025), Coda Octopus Group, Inc.'s R&D has grown at a -4.8% compound annual growth rate (CAGR), from $2.98M to $2.45M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.