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Nasdaq · Industrials

Coda Octopus Group, Inc. (CODA)

As-reported financials and SEC filings for Coda Octopus Group, Inc. The latest annual period is FY2025. The latest reported quarter is Q3 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Coda Octopus Group, Inc.

Coda Octopus Group, Inc. develops and sells marine technology products, acoustic sensors, and materials. The company also provides defense engineering services. It serves customers in various regions including the Americas, Europe, Asia, the Middle East, and Africa.

Snapshot

Revenue
$26.6M
Revenue growth (YoY)
30.7%
Net income
$4.1M
Diluted EPS
$0.37
Gross margin
66.5%
Operating margin
17.1%
Net margin
15.5%
FCF margin
22.7%
ROE
7.1%
net income / fiscal-year-end equity
P/E
22.6×
trailing when available, otherwise FY EPS
Market cap
$112.0M
Long-term debt / equity
—
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended October 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Coda Octopus Group

  • Revenue grew 30.7% to $27M in FY2025, faster than the 5.0% the year before.
  • Operating margin is 17.1% in FY2025, -0.9 pp against 18.0% in FY2021.
  • Most recent quarter Q3 FY2026: revenue $8M, up 9.2% from Q3 FY2025.
  • Free cash flow was $6M in FY2025, 22.7% of revenue.
  • Net income rose 13.3% to $4M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Coda Octopus Group’s fundamentals sit among the 668 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin66.5%
94th percentile of 455
Operating margin17.1%
82nd percentile of 598
Net margin15.5%
88th percentile of 630
FCF margin22.7%
94th percentile of 546
Revenue growth (YoY)+30.7%
89th percentile of 652
ROE7.1%
49th percentile of 590
P/E22.6×
48th percentile of 406
Short interest1.95d
27th percentile of 661

Coda Octopus Group’s gross margin of 66.5% ranks in the 94th percentile of the 455 Industrials companies reporting it. Coda Octopus Group’s FCF margin of 22.7% ranks in the 94th percentile of the 546 Industrials companies reporting it. Coda Octopus Group’s revenue growth of +30.7% ranks in the 89th percentile of the 652 Industrials companies reporting it.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+3 quant / multi-strat
Initiated / added
3
0 new, 3 added
Reduced / exited
1
0 trimmed, 1 exited
Combined position
$1.6M
reported long value
InvestorAs ofPosition valueSharesChange
Renaissance TechnologiesquantQ2 2026$1.0M102.9KAdded
Two Sigma InvestmentsquantQ2 2026$404,62541.4KAdded
Citadel AdvisorsquantQ2 2026$160,23816.4KAdded

No longer held by: Millennium Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
—
code P value
Sells (90d)
0
—
Reported activity
Quiet
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-03-11
filed 2026-04-20
John Steven Emerson10% ownerSell79.3K$14.99$1.2M
2026-03-11
filed 2026-04-20
John Steven Emerson10% ownerSell3.0K$14.45$43K
2026-03-11
filed 2026-04-20
John Steven Emerson10% ownerSell3.0K$14.45$43K
2026-03-11
filed 2026-04-20
John Steven Emerson10% ownerSell1.0K$14.45$14K

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
224.5K
settled 2026-09-30
Change vs prior
-4.0%
vs previous settlement
Days to cover
1.95
at avg daily volume
Avg daily volume
114.8K
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-30224.5K-4.0%1.95
2026-09-15233.7K+29.3%1.68
2026-08-31180.8K-8.3%2.73
2026-08-14197.2K-8.7%3.25
2026-07-31216.1K+5.8%2.61
2026-07-15204.3K-12.1%2.02
2026-06-30232.5K+18.9%1.14
2026-06-15195.5K+46.7%1.00

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$26.6M$20.3M$19.4M$22.2M$21.3M
Gross profit
Operating income$4.5M$3.6M$2.7M$5.0M$3.8M
Net income$4.1M$3.6M$3.1M$4.3M$4.9M
Diluted EPS$0.37$0.32$0.28$0.38$0.44

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$28.7M$22.5M$24.4M$22.9M$17.7M
Current assets$50.0M$43.0M$40.9M$37.0M$35.6M
Total assets$64.5M$57.5M$51.8M$46.9M$45.5M
Current liabilities$5.6M$3.9M$3.3M$3.5M$4.3M
Long-term debt—————
Total liabilities$6.4M$4.4M$3.4M$3.5M$4.4M
Total equity$58.1M$53.1M$48.4M$43.4M$41.0M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$7.2M$2.5M$2.4M$6.7M$3.3M
Capital expenditure$1.2M$502,525$2.0M$466,471$850,894
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q3 FY2026$7.7M9.2%$1.4M$0.12
Q2 FY2026$6.9M-1.6%$1.7M$0.15
Q1 FY2026$6.7M28.8%$930,723$0.08
Q4 FY202543.8%
Q3 FY2025$7.1M29.0%$1.3M$0.11
Q2 FY2025$7.0M31.8%$908,762$0.08
Q1 FY2025$5.2M16.8%$912,975$0.08
Q4 FY202441.9%

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNasdaq
SectorIndustrials
SIC industrySearch, Detection, Navigation, Guidance, Aeronautical Sys
Latest annual periodFY2025 (ended October 31, 2025)
Latest reported quarterQ3 FY2026 (ended July 31, 2026)
Oldest indexed filing2007
SEC CIK1334325

Selected SEC filings

10-K/A2026-02-26
View on EDGAR →
10-K2026-01-29
View on EDGAR →
10-Q2026-09-14
View on EDGAR →
10-Q2026-06-15
View on EDGAR →
10-Q2026-03-17
View on EDGAR →
10-Q2025-09-15
View on EDGAR →
8-K2026-09-10
View on EDGAR →
8-K2026-07-06
View on EDGAR →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.