Coda Octopus (CODA) Gross Margin (2010 - 2026)
Coda Octopus (CODA) posted Gross Margin of 66.31% for Q2 2026, up 1.89% on a QoQ basis from 65.08% in Q1 2026, and up 222.0% year-over-year from 20.59% in Q2 2025.
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Coda Octopus (CODA) Gross Margin (2010 - 2026) Analysis & Trends
Coda Octopus has reported Gross Margin for 13 years, with the latest figure at 66.31% in Q2 2026.
- On a quarterly basis, Gross Margin rose 222.0% year-over-year to 66.31% in Q2 2026; TTM through Apr 2026 was 66.84%, a 27.0% decrease from a year earlier, with the FY2025 full-year figure at 66.49%, down 327.0% from the prior year.
- Gross Margin was 66.31% for Q2 2026 at Coda Octopus, up from 65.08% in the prior quarter.
- The five-year high for Gross Margin was 73.93% in Q3 2024, with the low at 60.82% in Q2 2022.
- Average Gross Margin over 5 years is 67.56%, with a median of 67.31% recorded in 2025.
- The sharpest annual moves came in 2022 and 2023: Gross Margin sank 897 bps in 2022, then surged 753 bps in 2023.
- Over 5 years, Gross Margin stood at 66.92% in 2022, then decreased by 4 bps to 64.25% in 2023, then grew by 2 bps to 65.27% in 2024, then rose by 4 bps to 67.57% in 2025, then decreased by 2 bps to 66.31% in 2026.
- The last three Gross Margin figures came in at 66.31% (Q2 2026), 65.08% (Q1 2026), and 67.57% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 122.01 Bn | 118.22 Bn | 2.45 Bn | 12.19% |
| 2 | General Dynamics | 95.71 Bn | 91.37 Bn | 6.76 Bn | 47.94% |
| 3 | Motorola Solutions | 76.80 Bn | 76.09 Bn | 1.68 Bn | 53.56% |
| 4 | Northrop Grumman | 73.72 Bn | 71.41 Bn | 3.72 Bn | 34.21% |
| 5 | L3Harris Technologies | 46.24 Bn | 44.72 Bn | 1.50 Bn | 25.54% |
| 6 | Elbit Systems | 33.11 Bn | 32.15 Bn | 579.01 Mn | 25.32% |
| 7 | Teledyne Technologies | 27.62 Bn | 27.28 Bn | 738.10 Mn | 44.40% |
| 8 | Curtiss Wright | 20.67 Bn | 20.19 Bn | 364.09 Mn | 39.40% |
| 9 | Leidos Holdings | 16.32 Bn | 15.57 Bn | 817.00 Mn | 17.92% |
| 10 | Coda Octopus | 110.95 Mn | 80.25 Mn | 4.58 Mn | 66.31% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 66.31% |
| Jan 31, 2026 | 65.08% |
| Oct 31, 2025 | 67.57% |
| Jul 31, 2025 | 68.28% |
| Apr 30, 2025 | 64.09% |
| Jan 31, 2025 | 65.81% |
| Oct 31, 2024 | 65.27% |
| Jul 31, 2024 | 73.93% |
| Apr 30, 2024 | 70.23% |
| Jan 31, 2024 | 69.19% |
| Oct 31, 2023 | 64.25% |
| Jul 31, 2023 | 68.81% |
| Apr 30, 2023 | 68.34% |
| Jan 31, 2023 | 67.06% |
| Oct 31, 2022 | 66.92% |
| Jul 31, 2022 | 72.80% |
| Apr 30, 2022 | 60.82% |
| Jan 31, 2022 | 71.25% |
| Oct 31, 2021 | 68.75% |
| Jul 31, 2021 | 72.29% |