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what it is
Geospace makes sensors, cables, and monitoring gear that help oil crews, utilities, and security teams see what they cannot see directly.
how it gets paid
Last year Geospace Tech made $111M in revenue. Wireless seismic systems was the main engine at $41M, or 37% of sales.
why growth slowed
Revenue fell 18.3% last year. The 31% revenue drop mattered most, because a company with a -10.2% operating margin cannot absorb another demand air pocket gracefully.
what just happened
The quarter was ugly: revenue fell to $26M and EPS landed at -$0.76.
At a glance
B balance sheet — gets the job done, barely
10/100 earnings predictability — expect surprises
9.2% return on capital — nothing to write home about
-$0.76 fy2025 eps est
$111M fy2025 rev est
xvary composite: 53/100 — below average
What they do
Geospace makes sensors, cables, and monitoring gear that help oil crews, utilities, and security teams see what they cannot see directly.
You do not buy seismic gear because the branding feels nice. You buy it because bad field data can send millions of dollars into the wrong hole, and Geospace has spent decades building that hardware. Long-term debt is just $1 million, or 0% of capital, which gives you a rare luxury in a cyclical niche: time.
How they make money
$111M
annual revenue · their business grew -18.3% last year
Wireless seismic systems
$41M
Traditional seismic products
$27M
Industrial products
$20M
Security and surveillance
$14M
Reservoir services and other
$9M
The products that matter
wireless land seismic systems
GSX Wireless System
Energy Solutions · $15.73M last quarter
This is part of the legacy seismic business, and that business fell 40% last quarter. In human-speak: the core engine misfired.
core cyclical exposure
seismic sensors for land and marine use
Precision Geophones
legacy franchise
Management can talk product quality all day. Your outcome still depends on customer budgets. When exploration spending slows, good sensors do not save the quarter.
budget-sensitive demand
smart water, security, and asset monitoring
Intelligent Industrial Solutions
$14.6M last quarter · 57% of revenue
This segment produced 57% of company revenue last quarter. That's why the stock still has a turnaround argument. The catch is that the whole company still lost money.
the swing factor
Key numbers
$1M
debt load
Long-term debt is just $1 million, or 0% of capital. Plain English: this is an ugly income statement, not a balance-sheet emergency.
10.2%
operating margin
Operating margin means profit after running the business, before interest and taxes. Plain English: the core operation is losing about 10 cents on every sales dollar.
-$0.76
FY2025 EPS est
EPS means profit per share. Plain English: the expected comeback is still missing, and you are paying for survival, not current earnings.
9.2%
return on capital
Return on capital means profit produced from the money tied up in the business. Plain English: the assets can still earn something, just not enough yet.
Financial health
B
strength
- balance sheet grade B — adequate — nothing special
- risk rank 2 — safer than 80% of stocks
- price stability 5 / 100
- long-term debt $1M (0% of capital)
B — functional but not a standout on the balance sheet.
Total return vs. market
Return history isn't available for GEOS right now.
source: institutional data · return history unavailable
What just happened
missed estimates
The quarter was ugly: revenue fell to $26M and EPS landed at -$0.76.
Sales fell 31% vs. prior year, and gross margin was just 10.5%. Quiet part loud: when your margin is that thin, one weak quarter turns into a loss fast.
$26M
revenue
-$0.76
eps
10.5%
gross margin
the number that mattered
The 31% revenue drop mattered most, because a company with a -10.2% operating margin cannot absorb another demand air pocket gracefully.
source: company earnings report, 2026
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What could go wrong
The core risk is simple: the seismic business stays weak for longer than the balance sheet can politely absorb. GEOS just showed you the template — Energy Solutions fell 40% to $15.73M, total revenue fell 31% to $25.6M, and the quarter swung to a $9.8M net loss.
high
Energy spending does not bounce back
Energy Solutions dropped 40% vs. prior year to $15.73M last quarter.
That single decline helped drive total revenue down 31% and pushed GEOS to a $9.8M net loss. If this segment stays here, the turnaround math gets ugly fast.
med
The industrial pivot stops at interesting
Intelligent Industrial produced $14.6M last quarter, or 57% of revenue.
That sounds promising until you remember the company still lost money. Better mix helped the story more than it helped the income statement.
med
Gross margin stays stuck near 10.5%
Gross margin was 10.5% last quarter, which means GEOS kept 10.5 cents of each revenue dollar after direct costs.
Here is the catch: even if revenue stabilizes, margins this thin leave almost no room for mistakes. You need volume improvement and better economics, not just one of the two.
med
Order timing keeps turning the stock into a mood swing
A Petrobras contract in June 2025 helped send the stock up roughly 50%, then one weak quarter helped send it down 43.5% in five days.
If orders stay lumpy, valuation follows the last headline. You can be right about the long-term direction and still get hurt by the path.
A 31% revenue drop turned a $0.66 per-share profit from a year ago into a $0.76 loss. That's what a fixed-cost business looks like when volume disappears.
source: institutional data · regulatory filings · risk analysis
Pay attention to
the number
Energy Solutions revenue
Last quarter it was $15.73M, down 40% from a year ago. If that number stays stuck here, your turnaround case gets much harder to defend.
segment shift
Intelligent Industrial after the $14.6M quarter
This segment was 57% of revenue last quarter. You want to see it keep growing without the rest of the business shrinking faster.
calendar
q2 fy2026 earnings
One ugly quarter can be noise. Two starts to look like a pattern. The next report matters more than usual.
margin risk
gross margin above 10.5%
If gross margin cannot move above last quarter's 10.5%, revenue recovery alone may not be enough to bring earnings back.
Analyst rankings
earnings predictability
10 / 100
This score sits near the bottom of the scale. in human-speak, analysts do not trust quarter-to-quarter consistency here.
risk rank
2
That reflects balance-sheet safety more than business stability. Low debt helps. Revenue swings still run the story.
source: institutional data
Institutional activity
institutional ownership data for GEOS is being compiled.
source: institutional data
Price targets
3-5 year target range
n/a
n/a
$17
current price
n/a
target midpoint · n/a from current
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