UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the Quarterly Period Ended December 31, 2025 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from ____ to ____ Commission file number 001-13601 GEOSPACE TECHNOLOGIES CORPORATION (Exact Name of Registrant as Specified in Its Charter) Texas 76-0447780 (St ...

The share price of Geospace Technologies Corporation (NASDAQ:GEOS) fell by 44.57% between February 3 and February 10, 2026, putting it among the Energy Stocks that Lost the Most This Week. Geospace Technologies (GEOS) Plunges Following Q1 2026 Results Geospace Technologies Corporation (NASDAQ:GEOS) is a technology-driven, market-leading provider of technology solutions that deliver situational awareness for energy exploration, security and surveillance, and industrial IoT applications. Geospace Technolo ...

Shares of Geospace Technologies Corporation (GEOS) have plunged 43.9% since reporting results for the quarter ended Dec. 31, 2025, significantly underperforming the S&P 500 Index, which slipped 0.2% over the same period. During the past month, GEOS shares fell 55.9%, compared with a 0.9% decline for the broader index.GEOS’ Earnings SnapshotFor the first quarter of fiscal 2026, Geospace reported revenues of $25.6 million, down 31.3% from $37.2 million in the year-ago period. The company posted a net loss of ...

PresentationHello, and welcome to the Annual Meeting of Stockholders of Geospace Technologies Corporation. Please note that today's meeting is being recorded. It is now my pleasure to turn today's meeting over to Steve Jumper, Chairman of the Board.Stephen Jumper Well, thank you, Megan. Good morning. I am Steve Jumper, Chairman of the Board of Geospace Technologies Corporation. On behalf of myself and the other members of the Board of Directors, I welcome you to the 2026 Annual Meeting of Stockholders. We ...

Geospace Technologies (NasdaqGS:GEOS) Q1 2026 Earnings call February 05, 2026 10:00 AM ET Company ParticipantsBill Dezellem - Founder, President, and CIOMartin Lorenzen - InvestorRich Kelley - President and CEORobert Curda - EVP and CFOOperator Welcome to the Geospace Technologies First Quarter 2026 Earnings Conference Call. Hosting the call today from Geospace is Mr. Rich Kelley, President and Chief Executive Officer. He is joined by Mr. Robert Curda, the company's Chief Financial Officer. Today's call is ...

Geospace Technologies (NasdaqGS:GEOS) Q1 2026 Earnings call February 05, 2026 10:00 AM ET Company ParticipantsBill Dezellem - Founder, President, and CIOMartin Lorenzen - InvestorRich Kelley - President and CEORobert Curda - EVP and CFOOperator Welcome to the Geospace Technologies First Quarter 2026 Earnings Conference Call. Hosting the call today from Geospace is Mr. Rich Kelley, President and Chief Executive Officer. He is joined by Mr. Robert Curda, the company's Chief Financial Officer. Today's call is ...

Geospace Technologies (NasdaqGS:GEOS) Q1 2026 Earnings call February 05, 2026 10:00 AM ET Speaker1Thank you for your continued patience. Your meeting will begin shortly. If you need assistance at any time, please press star zero and a member of our team will be happy to help. Thank you for your continued patience. Your meeting will begin shortly. If you need assistance at any time, please press star zero and a member of our team will be happy to help. Please stand by. Your meeting is about to begin. Welcome ...

Financial Performance - Geospace Technologies reported Q1 FY2026 revenue of $25.6 million, a decrease of 31% from $37.2 million in Q1 FY2025[2] - The net loss for Q1 FY2026 was $9.8 million, or $(0.76) per diluted share, compared to a net income of $8.4 million, or $0.65 per diluted share in the same quarter last year[2] - Total revenue for the three months ended December 31, 2025, was $25,586, a decrease of 31.2% compared to $37,223 for the same period in 2024[25] - Net income for the same period was a loss of $9,765, compared to a profit of $8,376 in the prior year[23] - Smart Water segment revenue was $5,756, down 21.0% from $7,288 in the prior year[25] - Energy Solutions segment revenue decreased significantly to $14,636 from $24,282, a decline of 39.6%[25] - Revenue from the Smart Water segment was $5.8 million, down 21% from $7.3 million in Q1 FY2025, attributed to lower demand for Hydroconn® products[9] - The Energy Solutions segment generated $14.6 million in revenue, a 40% decrease from $24.3 million in the prior year, impacted by lower utilization of the OBX rental fleet[10] - Revenue from the Intelligent Industrial segment was $5.1 million, an 8% decline from $5.6 million in Q1 FY2025, primarily due to reduced demand for industrial sensor products[11] Cash and Assets - As of December 31, 2025, the company had $10.6 million in cash and cash equivalents and $52.2 million in working capital[12] - Cash and cash equivalents at the end of the period were $10,579, down from $26,338, a decrease of 59.8%[23] - Total current assets decreased to $77,731 from $88,500, a decline of 12.1%[21] - Total liabilities increased to $28,740 from $27,528, an increase of 4.4%[21] - Total stockholders' equity decreased to $115,878 from $125,509, a decline of 7.7%[21] - Net cash used in operating activities was $15,071, compared to $11,509 in the prior year, indicating increased cash outflow[23] - Inventory obsolescence expense was $627, up from $506, reflecting challenges in inventory management[23] Strategic Initiatives - Geospace Technologies is expanding its geographic reach in the Smart Water segment to meet long-term demand driven by population growth and aging infrastructure[4] - The company has strengthened its security portfolio through the acquisition of GeoVox Security, which has increased customer interest and engagement[8] - Management remains focused on long-term growth and value creation despite ongoing market uncertainties and challenges[3] - The company anticipates a capital expenditure budget of $5 million for FY2026, with no significant increases to the rental fleet expected[12]

rental equipment20536ExpandGEOSPACE TECHNOLOGIES CORPORATION AND SUBSIDIARIESSUMMARY OF SEGMENT REVENUE AND OPERATING INCOME (LOSS)(in thousands) (unaudited)Three Months EndedDecember 31, 2025December 31, 2024Revenue:Smart Water$5,756$7,288Energy Solutions14,63624,282Intelligent Industrial5,1115,577Corporate8376Total$25,586$37,223Income (loss) from operations:Smart Water$(801)$370Energy Solutions(3,434)13,282Intelligent Industrial(813)(940)Corporate(5,199) (4,877)Total$(10,247)$7,835Expand## ContactsMEDIA C ...

HOUSTON--(BUSINESS WIRE)--Geospace Technologies (NASDAQ: GEOS) today announced that it will release first quarter 2026 financial results on Wednesday, February 4, 2026 after the market closes. In conjunction with the release, Geospace has scheduled a conference call for Thursday, February 5, 2026 at 10:00 a.m. Eastern Time (9:00 a.m. Central). WHEN: WHAT: Geospace Technologies First Quarter 2026 Results Conference Call HOW: Live via phone – U.S. participants can dial toll-free 833-316-1983. International pa ...