Geospace Technologies Corporation (GEOS) reported second-quarter 2026 results. Revenue rose to $19.7 million, up 9.5% year over year, while cost of sales increased to $19.0 million, up 17.0% year over year.
Gross profit declined to $694 thousand, down 60.3% year over year. The company recorded an operating loss of $11.4 million, an improvement of 11.1% versus a year earlier, and a net loss attributable to common shareholders of $11.0 million, improved 12.8% year over year. Diluted loss per share was $0.86, improved 11.7% year over year.
Liquidity and cash flow showed mixed signals. Cash and cash equivalents increased to $13.4 million, up 61.1% year over year. Operating activities used $1.6 million in cash, down 16.0% year over year, while purchases of property, plant and equipment were $572 thousand, a 67.3% reduction from the prior year.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Geospace Technologies Corporation Hedge Fund Activity
We have seen 43 institutional investors add shares of Geospace Technologies Corporation stock to their portfolio, and 35 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SEI INVESTMENTS CO added 196,956 shares (+inf%) to their portfolio in Q4 2025, for an estimated $3,330,525
- GRACE & WHITE INC /NY added 165,406 shares (+53.7%) to their portfolio in Q1 2026, for an estimated $2,017,953
- MOORS & CABOT, INC. removed 138,800 shares (-19.4%) from their portfolio in Q4 2025, for an estimated $2,347,108
- FIRST EAGLE INVESTMENT MANAGEMENT, LLC removed 92,591 shares (-17.7%) from their portfolio in Q4 2025, for an estimated $1,565,713
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 84,541 shares (+57.6%) to their portfolio in Q4 2025, for an estimated $1,429,588
- STATE STREET CORP added 68,247 shares (+118.3%) to their portfolio in Q4 2025, for an estimated $1,154,056
- MILLENNIUM MANAGEMENT LLC removed 58,834 shares (-48.7%) from their portfolio in Q4 2025, for an estimated $994,882
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.
Geospace Technologies Corporation Government Contracts
We have seen $1,422,967 of award payments to $GEOS over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- CONTRACTOR MAINTENANCE LOGISTICS SERVICES: $1,238,600
- PERSISTENT SURVEILLANCE AND DETECTION SYSTEM: $168,560
- 3 COMPONENT 10HZ GEOPHONE IN LAND CASE: $15,806
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.