Geospace Q1 FY2026 revenue falls 31% to $25.6M; net loss of $9.8M ($0.76/share)

GEOSPACE TECHNOLOGIES CORP

2026-Q1 EPS reported -$0.76 revenue$25,586,000

Revenue $25.6M vs $37.2M YoY; net loss $9.8M vs net income $8.4M.
Energy Solutions revenue down 40% to $14.6M, partly due to $17M OBX sale in prior year.
Smart Water revenue $5.8M (-21% YoY); Intelligent Industrial $5.1M (-8% YoY).
Cash $10.6M, working capital $52.2M; FY2026 capex budget $5M, no large rental fleet additions planned.
CEO cites economic uncertainty but highlights GeoVox security acquisition and subscription model.

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