NASDAQ$GEOS

Geospace Technologies Corp · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

Geospace Technologies reported a profitable first quarter for fiscal year 2025, driven by strategic decisions and realignment of business segments.

Geospace Technologies reported a decrease in revenue to $37.2 million compared to the previous year's $50.0 million. However, the company achieved a net income of $8.4 million, or $0.65 per diluted share.

  • Company-wide focus on profitability yielded positive results.
  • New business segments (Smart Water, Energy Solutions, and Intelligent Industrial) were introduced to better reflect long-term vision and market opportunities.
  • Smart Water segment revenue increased by 72% compared to the same period last year.
  • Energy Solutions segment included a $17 million sale of shallow water OBX-750E nodes.

Headline financials

Total Revenue

$37.2M

Previous: $50M-25.6%
EPS (adj)

$0.65

Previous: $0.94-30.9%
Capital Expenditures

-$3.2M

Previous: -$779K-310.7%
Free Cash Flow

-$15.1M

Previous: $11.9M-226.7%
Net Income

$8.4M

Previous: $12.7M-33.7%
Operating Income

$7.84M

Previous: $12.8M-39.0%
Gross Profit

$20.1M

Previous: $22.2M-9.4%
R&D Expense

$4.89M

Previous: $3.6M+35.9%

Revenue & EPS history

Geospace · Revenue · Quarterly

$37.2M

Q1 2025-25.6%vs Q1 2024

Forward guidance

Geospace Technologies anticipates variability in quarterly revenue due to ongoing market conditions in the Energy Solutions segment and continues to evaluate options associated with potential acquisitions and other growth strategies.

Tailwinds

  • Significant future potential in the municipal and multi-family markets for water management solutions.
  • Intention to grow the Smart Water segment both organically and through potential acquisition.
  • Consistent revenue maintained in the Intelligent Industrial segment through a combination of imaging solutions, advanced sensor products, specialized contract manufacturing services, and security and surveillance applications.
  • Strong quarter yielding net income for shareholders.
  • Company completed its $7 million stock repurchase program early in the second quarter of fiscal year 2025.

Headwinds

  • Potential variability in quarterly revenue due to on-going market conditions in the Energy Solutions segment.
  • Decrease in revenue for the Intelligent Industrial segment was primarily due to lower demand for our imaging products.
  • Historically for our water-related offerings, the first quarter of the fiscal year usually results in less revenue due in part to seasonality of utility-related deployments as well as the municipal government budget cycle, which typically begins in October.
  • Lower utilization of the OBX rental fleet.
  • Capital expenditure budget of $6 million and does not anticipate significant increases to the rental fleet given current market conditions.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-2.3%

Avg return

Earnings day

+0.4%

Avg return

5 days after

+3.7%

Avg return

30 days after

39%

25 / 64 earnings

Positive

+18.4%

Q1 2013

Best reaction

-32.5%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026-1.5%-6.5%-9.3%
Q1 2026-6.7%-2.9%+19.9%
Q4 2025-32.5%-35.6%-11.9%
Q2 2025-10.0%-7.8%-0.2%
Q1 2025-7.6%-9.1%-21.0%
Q4 2024-9.3%-11.6%-19.8%
Q3 2024+2.6%+11.8%+19.1%
Q2 2024-21.5%-24.0%-24.1%
Q1 2024-8.1%-21.0%-22.0%
Q4 2023+0.0%+2.2%+0.3%
Q3 2023+14.0%+20.9%+61.4%
Q2 2023+2.8%+16.6%+10.2%
Q1 2023+7.2%+12.9%+41.0%
Q4 2022-1.7%-3.4%-13.8%
Q3 2022-5.2%-3.0%+2.4%
Q2 2022-2.2%-10.1%+18.7%
Q4 2021-1.9%-1.9%-18.1%
Q3 2021+11.7%+23.1%+14.4%
Q2 2021+0.9%+2.5%+17.9%
Q1 2021+1.8%+3.1%+23.2%
Q4 2020+12.1%+19.1%+67.6%
Q3 2020-2.2%-4.9%-19.3%
Q2 2020+9.1%+13.3%+54.7%
Q1 2020-4.9%-0.7%-24.0%
Q4 2019-3.3%-0.2%+15.3%
Q3 2019-2.7%+2.0%-5.2%
Q2 2019+15.0%+19.2%-6.2%
Q1 2019-3.6%-3.3%+2.2%
Q4 2018+12.5%+17.9%+5.9%
Q3 2018-3.8%-9.2%+0.5%
Q2 2018+7.3%+6.1%+7.0%
Q1 2018-5.7%-7.4%-18.1%
Q4 2017+3.1%-2.9%-18.4%
Q3 2017+5.9%+3.2%+1.1%
Q2 2017+1.6%+6.2%+1.9%
Q1 2017-10.3%-6.5%-33.1%
Q4 2016-9.8%-2.8%+3.9%
Q3 2016+8.4%+8.5%+14.8%
Q2 2016+4.6%
Q1 2016+8.3%
Q4 2015-26.2%
Q3 2015+1.0%
Q2 2015-9.6%
Q1 2015-20.1%
Q4 2014-4.8%
Q3 2014+1.0%
Q2 2014-16.3%
Q1 2014-11.4%
Q4 2013-5.0%
Q3 2013-1.4%
Q2 2013+15.4%
Q1 2013+18.4%
Q4 2012-3.8%
Q3 2012-2.0%
Q2 2012-8.7%
Q1 2012+13.6%
Q1 2011+13.6%
Q2 2011-8.8%
Q4 2009-8.8%
Q4 2011-8.8%
Q3 2010-20.2%
Q3 2011-20.2%
Q4 2010-20.2%
Q2 2010+11.1%

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