Core Insights - Geospace Technologies Corporation reported a revenue of $30.7 million for Q4 FY 2025, down from $35.4 million in the same period last year, with a net loss of $9.1 million compared to a loss of $12.9 million a year ago [1][2] - For the fiscal year ending September 30, 2025, total revenue was $110.8 million, a decrease from $135.6 million in the previous year, with a net loss of $9.7 million compared to a loss of $6.6 million in the prior year [2][24] Financial Performance - Q4 FY 2025 revenue was $30.7 million, a decrease of 13.3% year-over-year [1] - The net loss for Q4 FY 2025 was $9.1 million, or $(0.71) per diluted share, an improvement from a net loss of $12.9 million, or $(1.00) per diluted share, in Q4 FY 2024 [1][2] - For the fiscal year, revenue totaled $110.8 million, down 18.3% from $135.6 million in FY 2024, with a net loss of $9.7 million, or $(0.76) per diluted share, compared to a loss of $6.6 million, or $(0.50) per diluted share, in FY 2024 [2][24] Segment Performance - The Smart Water segment generated $8.5 million in Q4 FY 2025, down 28% from $11.9 million in Q4 FY 2024, but annual revenue increased by 10% to $35.8 million [8][22] - The Energy Solutions segment reported $15.7 million in Q4 FY 2025, an 11% decrease from $17.6 million in Q4 FY 2024, with a 35% annual decline to $50.7 million [9][22] - The Intelligent Industrial segment saw a 9% increase in Q4 FY 2025 revenue to $6.4 million, while annual revenue decreased by 4% to $24.0 million [10][22] Management Commentary - CEO Richard Kelley emphasized the importance of diversification and innovation in response to mixed fiscal year performance across market segments [2][3] - The Smart Water segment has shown strong performance with double-digit revenue growth for four consecutive years, driven by the Hydroconn® connector line [4] - The Energy Solutions segment faced challenges due to market uncertainty and lower oil prices, but secured a major contract with Petrobras [5][7] Balance Sheet and Liquidity - As of September 30, 2025, the company had $26.3 million in cash and $8.0 million in additional borrowing capacity [12] - The company used $22.2 million in cash from operating activities during the fiscal year, while generating $42.7 million from investing activities [11][12] Future Outlook - The company anticipates continued demand for its Smart Water and Intelligent Industrial solutions, despite short-term uncertainties in the Energy Solutions segment [7][9]