Geospace Technologies reports fourth quarter revenue of $30.7 million and net loss of $9.1 million

Reuters11-21
Geospace Technologies reports fourth quarter revenue of $30.7 million and net loss of $9.1 million

Geospace Technologies Corp. reported revenue of $110.8 million for the fiscal year ended September 30, 2025, compared to $135.6 million in the prior year. The company recorded a net loss of $9.7 million, or $(0.76) per diluted share, versus a net loss of $6.6 million, or $(0.50) per diluted share, in the previous year. For the fourth quarter, revenue was $30.7 million, down from $35.4 million a year earlier, and the net loss was $9.1 million, or $(0.71) per diluted share, compared to $12.9 million, or $(1.00) per diluted share, in the same period last year. As of September 30, 2025, Geospace Technologies had $26.3 million in cash and $8.0 million in available credit with no outstanding borrowings, and working capital of $64.1 million. The company completed the sale of excess land and facilities adjacent to its Houston facility in the third quarter.

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