Coda Octopus FY26 Q3 net income rises 8.3% to $1.4 million; revenue increases 9.2% to $7.7 million
CODA•Fiscal Q3 results
- Coda Octopus posted fiscal Q3 revenue of USD 7.7 million, up 9.2% year over year.
- Operating income rose 11.1% to USD 1.5 million, while net income increased 8.3% to USD 1.4 million.
Segment performance and cash position
- Marine Technology revenue fell 15.2% to USD 3.4 million; management cited procurement uncertainty tied to the Iran conflict.
- Defense Engineering Services revenue climbed 68.3% to USD 2.7 million, and Acoustics Sensors and Materials revenue rose 10.4% to USD 1.6 million.
- Cash and cash equivalents totaled USD 31.7 million at July 31, up USD 3.0 million from Oct. 31, 2025.
