Geospace Technologies reported Q3 2025 revenue of $24.8 million and net income of $0.8 million. CEO Richard James Kelley highlighted strategic accomplishments in all business segments, reinforcing the company's growth. The company also landed an $80M Petrobras contract and advanced its security portfolio.
Houston, TX - Geospace Technologies Corp. (GEOS) reported robust earnings for the third quarter of 2025, with revenue of $24.8 million and net income of $0.8 million. The Houston-based company, which specializes in seismic instruments and equipment, has seen strategic accomplishments across all its business segments, reinforcing its growth trajectory.
CEO Richard James Kelley highlighted several key achievements during the quarter. The company secured an $80 million contract with Petrobras, a significant milestone for the Energy Solutions segment. Additionally, the company's Energy Solutions team won a contract to supply nearly 500km of the OptoSeis® Permanent Reservoir Monitoring (PRM) system covering 140 sq km of seabed area off the coast of Rio de Janeiro, Brazil.
The company also made significant strides in its security portfolio. The Energy Solutions team achieved its first sale of the newly released Pioneer™, an ultralight land node for seismic surveys, to a global engineering and professional services firm based in Canada. The company also acquired Heartbeat Detector®, a security technology developed by the United States Department of Energy’s Oak Ridge National Laboratory (ORNL), and intends to offer it on a subscription basis.
The Smart Water segment continued to perform well, with revenue totaling $10.5 million for the three months ended June 30, 2025, an increase of 6.1% compared to the same period last year. The Intelligent Industrial segment also saw revenue of $6.1 million, despite a decrease of 5.4% compared to the same period last year.
Geospace Technologies also reported strong balance sheet performance. The company generated $35.4 million in cash from investing activities, including proceeds from the sale of short-term investments and property, plant and equipment. As of June 30, 2025, the company had $25.6 million in cash and short-term investments and maintained an additional borrowing availability of $15.0 million under its bank credit agreement with no borrowings outstanding.
The company will host a conference call to review its first quarter fiscal year 2025 financial results on August 8, 2025, at 10:00 a.m. Eastern Time.
[1] https://finance.yahoo.com/news/geospace-technologies-fiscal-q3-earnings-215347581.html
[2] https://www.tradingview.com/news/reuters.com,2025-08-07:newsml_PLXFD0CC5:0-brief-geospace-technologies-corporation-q3-net-income-usd-760-thousand/
[3] https://www.geospace.com/news/reports-profitable-third-quarter-and-nine-month-2025-earnings/
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