Coda Octopus Group, Inc. (CODA) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 6.9M | 6.71M | 7.27M | 7.06M | 7.02M | 5.21M | 5.06M | 5.48M | 5.32M | 4.46M | 3.56M | 4.89M | 5.3M | 5.6M | 5.14M | 6.27M | 4.98M | 5.84M | 5.08M | 5.83M |
| Revenue Growth % | -1.62% | 28.8% | 43.83% | 29% | 31.83% | 16.78% | 41.85% | 11.98% | 0.41% | -20.28% | -30.6% | -21.97% | 6.35% | -4.14% | 1.08% | 7.55% | -7.23% | 15.6% | 8.62% | 7.99% |
| Cost of Goods Sold | 2.33M | 2.34M | 2.36M | 2.24M | 2.52M | 1.78M | 1.76M | 1.43M | 1.58M | 1.56M | 1.27M | 1.53M | 1.68M | 1.84M | 1.7M | 1.7M | 1.95M | 1.68M | 1.59M | 1.61M |
| COGS % of Revenue | 33.69% | 34.92% | 32.43% | 31.72% | 35.91% | 34.19% | 34.73% | 26.07% | 29.77% | 35.08% | 35.75% | 31.19% | 31.66% | 32.94% | 33.08% | 27.2% | 39.18% | 28.75% | 31.25% | 27.71% |
| Gross Profit | 4.58M | 4.37M | 4.91M | 4.82M | 4.5M | 3.43M | 3.3M | 4.05M | 3.74M | 2.9M | 2.29M | 3.37M | 3.62M | 3.75M | 3.44M | 4.56M | 3.03M | 4.16M | 3.49M | 4.21M |
| Gross Margin % | 66.31% | 65.08% | 67.57% | 68.28% | 64.09% | 65.81% | 65.27% | 73.93% | 70.23% | 64.92% | 64.25% | 68.81% | 68.34% | 67.06% | 66.92% | 72.8% | 60.82% | 71.25% | 68.75% | 72.29% |
| Gross Profit Growth % | 1.8% | 27.38% | 48.9% | 19.15% | 20.3% | 18.38% | 44.1% | 20.31% | 3.18% | -22.83% | -33.37% | -26.24% | 19.51% | -9.78% | -1.61% | 8.31% | -19.15% | 25.49% | 20.01% | 16.39% |
| Operating Expenses | 2.76M | 3.36M | 3.51M | 3.44M | 3.41M | 2.77M | 3.01M | 2.66M | 2.39M | 2.34M | 2.61M | 2.5M | 2.77M | 2.41M | 2.3M | 2.54M | 2.55M | 2.78M | 3.2M | 2.88M |
| OpEx % of Revenue | 39.91% | 50.03% | 48.23% | 48.75% | 48.59% | 53.1% | 59.58% | 48.53% | 44.86% | 52.47% | 73.35% | 51.17% | 52.21% | 43.01% | 44.83% | 40.51% | 51.17% | 47.69% | 62.9% | 49.44% |
| Selling, General & Admin | 2.14M | 2.75M | 2.86M | 2.87M | 2.72M | 2.22M | 2.29M | 2.16M | 1.85M | 1.85M | 2.06M | 1.93M | 2.24M | 1.96M | 1.83M | 1.96M | 2.03M | 2.11M | 2.12M | 2.21M |
| SG&A % of Revenue | 30.95% | 41% | 39.39% | 40.64% | 38.75% | 42.68% | 45.38% | 39.47% | 34.67% | 41.58% | 57.69% | 39.55% | 42.29% | 35.07% | 35.69% | 31.29% | 40.79% | 36.16% | 41.67% | 37.84% |
| Research & Development | 648.3K | 606.1K | 642.17K | 572.47K | 690K | 543.13K | 717.61K | 496.36K | 542.48K | 485.98K | 557.78K | 568.29K | 525.94K | 444.46K | 469.7K | 577.95K | 517.38K | 672.89K | 1.08M | 675.77K |
| R&D % of Revenue | 9.39% | 9.03% | 8.83% | 8.1% | 9.83% | 10.43% | 14.2% | 9.06% | 10.19% | 10.89% | 15.65% | 11.62% | 9.92% | 7.94% | 9.15% | 9.22% | 10.38% | 11.53% | 21.23% | 11.6% |
| Other Operating Expenses | -29.6K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.57K |
| Operating Income | 1.82M | 1.01M | 1.41M | 1.38M | 1.09M | 662.02K | 287.59K | 1.39M | 1.35M | 555.38K | -324.27K | 862.61K | 855.11K | 1.35M | 1.13M | 2.02M | 481.21K | 1.38M | 297.31K | 1.33M |
| Operating Margin % | 26.4% | 15.05% | 19.34% | 19.53% | 15.5% | 12.71% | 5.69% | 25.4% | 25.37% | 12.45% | -9.1% | 17.64% | 16.13% | 24.05% | 22.08% | 32.29% | 9.65% | 23.57% | 5.85% | 22.85% |
| Operating Income Growth % | 67.56% | 52.57% | 389.01% | -0.78% | -19.45% | 19.2% | 188.69% | 61.23% | 57.92% | -58.74% | -128.59% | -57.37% | 77.7% | -2.17% | 281.44% | 52% | -63.66% | 49.82% | -14.97% | 0.78% |
| EBITDA | 2.15M | 1.38M | 1.76M | 1.75M | 1.42M | 995.43K | 477.27K | 1.59M | 1.54M | 745.92K | -178.25K | 1.04M | 1.03M | 1.51M | 1.22M | 2.23M | 763.69K | 1.54M | 393.88K | 1.56M |
| EBITDA Margin % | 31.09% | 20.51% | 24.21% | 24.75% | 20.28% | 19.11% | 9.44% | 28.98% | 29.01% | 16.72% | -5% | 21.29% | 19.5% | 26.98% | 23.76% | 35.62% | 15.32% | 26.33% | 7.75% | 26.75% |
| EBITDA Growth % | 50.81% | 38.23% | 268.87% | 10.16% | -7.84% | 33.45% | 367.75% | 52.39% | 49.39% | -50.6% | -114.61% | -53.36% | 35.38% | -1.78% | 209.75% | 43.2% | -50.98% | 19.68% | -23.22% | -4.41% |
| D&A (Non-Cash Add-back) | 324.03K | 365.89K | 354.14K | 368.3K | 335.67K | 333.4K | 189.68K | 196.2K | 194.11K | 190.54K | 146.01K | 178.75K | 178.76K | 164.01K | 85.97K | 208.82K | 282.48K | 161.47K | 96.56K | 227.65K |
| EBIT | 1.82M | 1.19M | 2.19M | 1.54M | 1.12M | 934.86K | 333.13K | 1.4M | 1.35M | 782.94K | -46.28K | 1.08M | 857.89K | 1.36M | 1.16M | 2.04M | 495.71K | 1.46M | 1.01M | 1.33M |
| Net Interest Income | 171.91K | 172.27K | 213.48K | 154.85K | 145.59K | 194.17K | 222.76K | 230.01K | 293.47K | 192.54K | 642.53K | 211.7K | 170.6K | 12.86K | -6.8K | 0 | -2.5K | -11.28K | -10.71K | -6.14K |
| Interest Income | 171.91K | 172.27K | 213.48K | 154.85K | 145.59K | 194.17K | 222.76K | 230.01K | 293.47K | 192.54K | 642.53K | 211.7K | 170.6K | 12.86K | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.8K | 0 | 2.5K | 11.28K | 10.71K | 6.14K |
| Other Income/Expense | 311.07K | 176.7K | 361.65K | 163.77K | 177.93K | 272.84K | 268.29K | 240.47K | 290.83K | 227.56K | 277.98K | 214.55K | 173.38K | 15.77K | 16.94K | 19.74K | 11.99K | 68.72K | 700.73K | -11.16K |
| Pretax Income | 2.13M | 1.19M | 1.77M | 1.54M | 1.27M | 934.86K | 555.88K | 1.63M | 1.64M | 782.94K | -46.28K | 1.08M | 1.03M | 1.36M | 1.15M | 2.04M | 493.21K | 1.44M | 998.04K | 1.32M |
| Pretax Margin % | 30.9% | 17.69% | 24.32% | 21.85% | 18.04% | 17.94% | 11% | 29.79% | 30.83% | 17.55% | -1.3% | 22.03% | 19.4% | 24.34% | 22.41% | 32.6% | 9.89% | 24.74% | 19.64% | 22.66% |
| Income Tax | 435.84K | 256.05K | 742.79K | 260.76K | 356.85K | 21.89K | 229.67K | 356.59K | 225.98K | 153.06K | 274.68K | 38.39K | 20.01K | -36K | 447.01K | 274.8K | -118.1K | 227.4K | 908.14K | -200.84K |
| Effective Tax Rate % | 20.43% | 21.58% | 42.01% | 16.89% | 28.2% | 2.34% | 41.32% | 21.86% | 13.77% | 19.55% | -593.48% | 3.56% | 1.95% | -2.64% | 38.84% | 13.45% | -23.94% | 15.74% | 90.99% | -15.21% |
| Net Income | 1.7M | 930.72K | 1.03M | 1.28M | 908.76K | 912.98K | 326.21K | 1.27M | 1.42M | 629.89K | -320.96K | 1.04M | 1.01M | 1.4M | 704.01K | 1.77M | 611.3K | 1.22M | 89.9K | 1.52M |
| Net Margin % | 24.59% | 13.87% | 14.1% | 18.16% | 12.95% | 17.52% | 6.45% | 23.27% | 26.59% | 14.12% | -9.01% | 21.24% | 19.02% | 24.98% | 13.71% | 28.22% | 12.26% | 20.85% | 1.77% | 26.1% |
| Net Income Growth % | 86.83% | 1.94% | 214.28% | 0.65% | -35.79% | 44.94% | 201.63% | 22.71% | 40.33% | -54.94% | -145.59% | -41.27% | 64.97% | 14.84% | 683.09% | 16.28% | -72.31% | 7.83% | -92.74% | 48.72% |
| Net Income (Continuing) | 1.7M | 930.72K | 1.03M | 1.28M | 908.76K | 912.98K | 326.21K | 1.27M | 1.42M | 629.89K | -320.96K | 1.04M | 1.01M | 1.4M | 704.01K | 1.77M | 611.3K | 1.22M | 89.9K | 1.52M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.15 | 0.08 | 0.09 | 0.11 | 0.08 | 0.08 | -0.29 | 0.11 | 0.13 | 0.06 | -0.03 | 0.09 | 0.09 | 0.12 | 0.06 | 0.16 | 0.05 | 0.11 | 0.01 | 0.13 |
| EPS Growth % | 87.5% | 3% | 131.38% | 0% | -38.46% | 43.11% | -903.46% | 19.44% | 46.07% | -53.42% | -144.74% | -42.44% | 66.04% | 9.09% | - | 23.08% | -73.2% | 10.22% | -93.42% | 43.49% |
| EPS (Basic) | 0.15 | 0.08 | 0.09 | 0.11 | 0.08 | 0.08 | -0.30 | 0.11 | 0.13 | 0.06 | -0.03 | 0.09 | 0.09 | 0.13 | 0.06 | 0.16 | 0.06 | 0.11 | 0.01 | 0.14 |
| Diluted Shares Outstanding | 11.29M | 11.29M | 11.25M | 11.3M | 11.31M | 11.3M | 11.3M | 11.31M | 11.29M | 11.26M | 11.12M | 11.28M | 11.33M | 11.38M | 10.89M | 11.38M | 11.41M | 11.4M | 11.34M | 11.34M |
| Basic Shares Outstanding | 11.27M | 11.27M | 11.23M | 11.24M | 11.22M | 11.21M | 11.17M | 11.17M | 11.17M | 11.13M | 11.12M | 11.09M | 11.01M | 10.95M | 10.89M | 10.86M | 10.86M | 10.86M | 10.83M | 10.83M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |