Geospace Technologies Corporation · NASDAQ:GEOS
Geospace Technologies — Q1 2026 Earnings Presentation
18 slides from Geospace Technologies's earnings presentation, February 2026
Slide 1: Investor Briefing First Quarter Fiscal Year 2026
INVESTOR BRIEFING FIRST QUARTER FISCAL YEAR 2026 February 2026
Slide 2: Forward-Looking Statements
Forward-Looking Statements This news release contains “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). These forward-looking statements can be identified
Slide 3: Our Purpose and Background on Geospace
OUR PURPOSE Geospace partners with customers to solve their toughest challenges, delivering innovative solutions and sustainable long-term value to our key stakeholders. BACKGROUND ON GEOSPACE Founded in 1980 in Houston, Texas Publicly Traded on NASDAQ - GEOS Earned a reputation for paradigm-shiftin
Slide 4: Stock Statistics NASDAQ GEOS
Stock Statistics NASDAQ GEOS SHARES INSTITUTIONAL YEAR END PUBLICLY NET DEBT OUTSTANDING OWNERSHIP TRADED 12.8 MM 67% Sept. 30 $0 1997 Source: NASDAQ as of December 31, 2025 4
Slide 5: Three Business Segments
We’re Divided Into THREE BUSINESS SEGMENTS We boast a history of technology innovation and robust manufacturing with solid adoption in varied markets including oil and gas exploration, smart water, imaging, and security and surveillance. 35% of Revenue 41% of Revenue 24% of Revenue Our smart water s
Slide 6: Q1 FY26 Earnings Highlights
Q1 FY26 Earnings Highlights $25.6 million Revenue generates a Net Loss for the Quarter $9.8 million, or $(0.76) per diluted share . DEPLOYED THROUGH FIRST WINTER SEASON with temperatures dropping below freezing for northern CEO QUARTERLY COMMENTARY survey crews, Pioneer ultralight land nodes deliver
Slide 7: Quarter Over Quarter Results
Quarter Over Quarter Results FY26 Q1 REVENUE FY26 Q1 GROSS PROFIT $25.6 Million $2.7 Million Down 31% q-o-q down 87% q-o-q FY26 Q1 NET LOSS FY26 Q1 ADJUSTED EBITDA $(9.8) Million $(5.9) Million up 217% q-o-q down 148% q-o-q
Slide 8: TTM Results Ending December 31, 2025
TTM Results Ending December 31, 2025 TTM REVENUE TTM GROSS PROFIT $99.2 Million $15.4 Million down 19% y-o-y down 53% y-o-y TTM NET OPERATING LOSS TTM ADJUSTED EBIDTA $(29.3) Million $(12.5) Million down 97% y-o-y down 297% y-o-y
Slide 9: Adjusted EBITDA
Adjusted EBITDA Adjusted EBITDA 3-months Ending 12/31/2025 TTM Ending 12/31/2025 ($'s in thousands) Income before Taxes ($9,684) ($27,509) Interest Expense 37 163 Depreciation 2,413 9,591 Amort 141 277 Impairment 0 0 Inventory Obsolescence 627 3,192 Stock-Based Compensation 419 1,574 Change in FV of
Slide 10: Strong Balance Sheet & Liquidity
Strong Balance Sheet & Liquidity ($ in millions, as of December 31, 2025) FINANCIAL STABILITY and staying power Cash & Short-term Investments $ 10.6 NO LONG-TERM DEBT with ability to Working Capital $ 52.6 borrow up to $25M Current Ratio 3.1X Debt / Total Book Capitalization 0% LONG-TERM TRACK RECOR
Slide 11: Smart Water Financials
Smart Water Financials FY26 Q1 REVENUE FY26 Q1 OPERATING INCOME (LOSS) $5.8 Million ($0.8 Million) Down 21% q-o-q down 188% q-o-q
Slide 12: Smart Water Q1 Operational Highlights
Smart Water Q1 Operational Highlights Platform as a Servicereleased for Aquana smart valve platform, which provides everything a utility or municipality needs to deploy and operate modern smart-water infrastructure without the complexity of owning, maintaining, or managing the technology. By shiftin
Slide 13: Energy Solutions Financials
Energy Solutions Financials FY26 Q1 REVENUE FY26 Q1 OPERATING INCOME(LOSS) $14.6 Million ($3.4 Million) down 40% q-o-q down 126% q-o-q
Slide 14: Energy Solutions Q1 Operational Highlights
Energy Solutions Q1 Operational Highlights LAND EXPLORATION First quarter revenue from Energy Solutions included $10.6 million of Pioneer and related equipment for an order to Dawson Geophysical announced in August 2025. Currently, more than half of the land seismic crews working in North America ar
Slide 15: Intelligent Industrial Financials
Intelligent Industrial Financials FY26 Q1 REVENUE FY26 Q1 OPERATING INCOME (LOSS) $5.1 Million ($0.8 Million) down 8% q-o-q Up 49% q-o-q
Slide 16: Intelligent Industrial Q1 Operational Highlights
Intelligent Industrial Q1 Operational Highlights ADDRESSING EVOLVING OPERATIONAL SECURITY DEMANDS, Geospace recently introduced a next-generation Heartbeat Detector® featuring a dramatically optimized form factor. The redesigned unit achieves an 80% reduction in weight and a 75% reduction in overall
Slide 17: Why Invest In Geospace Technologies?
Why Invest In Geospace Technologies? Financially Solid Market Leader Diverse Revenue Streams Conservatively run History of technology 35% Smart Water company with strong innovation and robust 41% Energy Solutions balance sheet, no debt. manufacturing with solid 24% Intelligent Industrial adoption in
Slide 18: Exploring Investing in GEOS?
Exploring Investing in GEOS? For questions or conversation regarding this briefing, please contact InvestorQuestions@geospace.com 18
Geospace Technologies — Q1 2026 Earnings Presentation on 6ix