Coda Octopus Q3 Revenue Up 9.2% YoY to $7.7 Million, Core Business Down 15.2%

Coda Octopus Group reported Q3 FY26 revenue of $7.7mln, up 9.2% YoY, driven by a 68.3% increase in Defense Engineering Services Business revenue to $2.7mln. Marine Technology Business revenue declined 15.2% to $3.4mln due to geopolitical instability impacting procurement in key Middle East and Asia markets. Pre-tax income and operating income also increased compared to Q3 FY25.