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Geospace Technologies (GEOS) investor relations material
Geospace Technologies Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for the quarter ended December 31, 2025, was $25.6 million, down from $37.2 million year-over-year.
Net loss was $9.8 million, or $(0.76) per diluted share, compared to net income of $8.4 million, or $0.65 per diluted share, in the prior year.
Management cited economic uncertainty, inflation, tariffs, and supply chain challenges as key headwinds.
Strategic focus remains on customer service, operational discipline, and long-term value creation.
Financial highlights
Gross profit for the quarter was $2.7 million, down from $20.1 million year-over-year.
Operating loss was $10.2 million, compared to operating income of $7.8 million in the prior year.
Cash and cash equivalents stood at $10.6 million as of December 31, 2025.
Working capital was $52.2 million, including $25.4 million in trade accounts and financing receivables.
Outlook and guidance
Management expects continued uncertainty in global markets but believes the company is well positioned due to its portfolio and conservative financial framework.
Capital expenditure budget for fiscal 2026 is set at $5 million, with no significant increases to the rental fleet anticipated.
Focus remains on prudent investment, risk management, and long-term shareholder value.
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