---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-015666"
form_type: "8-K"
ticker: "GEOS"
cik: "0001001115"
company_name: "GEOSPACE TECHNOLOGIES CORP"
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T21:19:01.334721+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Geospace Q2 net loss $0.86/share; revenue $19.7M, workforce cut ~20% for $12M annual savings

## Summary
- Q2 revenue $19.7M vs $18.0M YoY; net loss $11.1M ($0.86/diluted share) vs $9.8M loss ($0.77) YoY.
- Six-month revenue $45.3M vs $55.2M; net loss $20.8M ($1.62/diluted share) vs $1.4M loss ($0.11).
- Voluntary early retirement and workforce reduction of ~20% to generate ~$12M annualized cost savings; expects ~$1.3M restructuring charges in Q2 and Q3.
- Smart Water segment revenue fell 60.6% to $3.7M on Hydroconn inventory normalization; Energy Solutions up 272.1% to $9.6M on PRM contract and Pioneer deliveries.
- First revenue from Heartbeat Detector subscription model; cash $13.4M, $25M borrowing availability, no debt.

## SEC filing metadata
- accession: 0001437749-26-015666
- form_type: 8-K
- ticker: GEOS
- cik: 0001001115
- company_name: GEOSPACE TECHNOLOGIES CORP
- filed_at: 2026-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001115/000143774926015666/0001437749-26-015666-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001115/000143774926015666/geos20260507_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-015666
- JSON: https://secwatch.observer/filing/0001437749-26-015666.json
- Plain text: https://secwatch.observer/filing/0001437749-26-015666.txt

## Source-grounded claims
- claim_id: 397ff381d6e7ee1c3e6e43c7413bc02160c081f1
  claim: GEOSPACE TECHNOLOGIES CORP reported second quarter fiscal year 2026 results: revenue $19.7 million, net income Net loss of $11.1 million, EPS $(0.86) per diluted share.
  evidence_excerpt: For the three-months ended March 31, 2026, Geospace reported revenue of $19.7 million compared to revenue of $18.0 million for the comparable year-ago quarter. Net loss for the three-months ended March 31, 2026, was $11.1 million, or $(0.86) per diluted share, compared to net loss of $9.8 million, or $(0.77) per diluted share, for the quarter ended March 31, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001115/000143774926015666/0001437749-26-015666-index.htm
- claim_id: 694ff3bb41708fc940094e2d39a8ad405ad2d20d
  claim: GEOSPACE TECHNOLOGIES CORP reported six-months ended March 31, 2026 results: revenue $45.3 million, net income Net loss of $20.8 million, EPS $(1.62) per diluted share.
  evidence_excerpt: For the six-months ended March 31, 2026, Geospace reported revenue of $45.3 million compared to revenue of $55.2 million for the comparable year-ago period. Net loss for the six-months ended March 31, 2026 was $20.8 million, or $(1.62) per diluted share, compared to net loss of $1.4 million, or $(0.11) per diluted share, for the six-months ended March 31, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1001115/000143774926015666/0001437749-26-015666-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.