Geospace Technologies (GEOS) Operating Expenses (2010 - 2026)
Geospace Technologies (GEOS) posted Operating Expenses of $10.6 million for Q2 2026, down 12.21% on a QoQ basis from $12.1 million in Q1 2026, and down 9.77% year-over-year from $11.8 million in Q2 2025.
Analysis
Geospace Technologies (GEOS) Operating Expenses (2010 - 2026) Analysis & Trends
Geospace Technologies has reported Operating Expenses for 17 years, with the latest figure at $10.6 million in Q2 2026.
- On a quarterly basis, Operating Expenses fell 9.77% year-over-year to $10.6 million in Q2 2026; TTM through Jun 2026 was $48.4 million, a 4.96% decrease from a year earlier, with the FY2025 full-year figure at $48.8 million, up 7.35% from the prior year.
- Operating Expenses was $10.6 million for Q2 2026 at Geospace Technologies, down from $12.1 million in the prior quarter.
- The five-year high for Operating Expenses was $14.8 million in Q3 2024, with the low at $8.5 million in Q1 2022.
- Average Operating Expenses over 5 years is $11.3 million, with a median of $10.9 million recorded in 2023.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses slipped 27.27% in 2023, then jumped 45.42% in 2024.
- Over 5 years, Operating Expenses stood at $10.8 million in 2022, then decreased by 13.08% to $9.4 million in 2023, then jumped by 31.01% to $12.3 million in 2024, then gained by 5.11% to $12.9 million in 2025, then declined by 17.84% to $10.6 million in 2026.
- The last three Operating Expenses figures came in at $10.6 million (Q2 2026), $12.1 million (Q1 2026), and $12.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 85.29 Bn | 81.96 Bn | 2.68 Bn | 5.52 Bn |
| 2 | Illinois Tool Works | 76.79 Bn | 75.95 Bn | 1.90 Bn | - |
| 3 | Ametek | 55.45 Bn | 54.96 Bn | 735.04 Mn | 1.52 Bn |
| 4 | Rockwell Automation | 47.61 Bn | 47.13 Bn | 1.14 Bn | 663.00 Mn |
| 5 | Mettler Toledo International | 26.01 Bn | 25.96 Bn | 650.22 Mn | 321.77 Mn |
| 6 | Dover | 25.47 Bn | 23.71 Bn | 880.61 Mn | 488.82 Mn |
| 7 | Nordson | 17.53 Bn | 17.42 Bn | 453.73 Mn | 230.64 Mn |
| 8 | Fortive | 16.65 Bn | 16.27 Bn | 695.30 Mn | 485.40 Mn |
| 9 | RBC Bearings | 15.63 Bn | 15.50 Bn | 247.80 Mn | 107.00 Mn |
| 10 | Geospace Technologies | 66.62 Mn | 61.78 Mn | 496,000.00 | 10.63 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.63 Mn |
| Mar 31, 2026 | 12.11 Mn |
| Dec 31, 2025 | 12.94 Mn |
| Sep 30, 2025 | 12.67 Mn |
| Jun 30, 2025 | 11.79 Mn |
| Mar 31, 2025 | 12.03 Mn |
| Dec 31, 2024 | 12.31 Mn |
| Sep 30, 2024 | 14.75 Mn |
| Jun 30, 2024 | 10.92 Mn |
| Mar 31, 2024 | 10.39 Mn |
| Dec 31, 2023 | 9.40 Mn |
| Sep 30, 2023 | 10.14 Mn |
| Jun 30, 2023 | 10.83 Mn |
| Mar 31, 2023 | 9.89 Mn |
| Dec 31, 2022 | 10.81 Mn |
| Sep 30, 2022 | 13.95 Mn |
| Jun 30, 2022 | 10.19 Mn |
| Mar 31, 2022 | 8.46 Mn |
| Dec 31, 2021 | 11.01 Mn |
| Sep 30, 2021 | 9.75 Mn |