CODA on Nasdaq

Coda Octopus Group, Inc.

American search company based in Dover, incorporated in Delaware. Summary from the record

Price unavailable

Last updated Oct 19, 2026.

Overview

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  • TickerCODA on Nasdaq2
  • IndustrySearch, Detection, Navigation, Guidance, Aeronautical Sys2
  • HeadquartersDover, United States2
  • Incorporated inDE3
  • Business address3300 S Hiawassee Rd.,, Suite 104-105, Orlando, Fl 328353
  • Filer categoryNon-accelerated filer, Smaller reporting company3
  • Legal formCorporation2
  • LEI529900YRMYB0E8DV94182
  • StatusActive2
  • LEI statusIssued and current2
  • Registered addressc/o INC. PLAN (USA), 3500 S. DUPONT HIGHWAY, 19901 Dover, United States2
  • Registered withDivision of Corporations, Department of State, 38281852

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Display)), both of which are intended for the underwater market, and which are used in the commercial offshore and defense sectors.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

66.5%Gross margin5
17.1%Operating margin5
15.5%Net margin5
30.7%Revenue growth, 20255
7.1%Return on equity5
$6.0MFree cash flow5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Equipment Sales brought in 54% of the revenue Coda Octopus Group, Inc. broke down this way in fiscal 2025.

  1. Equipment Sales$14.4M554%up 71% from 2024
  2. Engineering Parts$6.4M524%up 15% from 2024
  3. Service$3.5M513%up 10% from 2024
  4. Equipment Rentals$1.5M56%down 36% from 2024
  5. Software Sales$811.9K53%down 8% from 2024
Products and services by year
Products and services20242025
Equipment Sales$8.4M$14.4M
Engineering Parts$5.5M$6.4M
Service$3.2M$3.5M
Equipment Rentals$2.3M$1.5M
Software Sales$878.5K$811.9K

Business segments

Marine Technology Business (Products) brought in 50% of the revenue Coda Octopus Group, Inc. broke down this way in fiscal 2025.

  1. Marine Technology Business (Products)$13.2M550%up 3% from 2024
  2. Defense Engineering Services Business Services$7.9M530%up 6% from 2024
  3. "Acoustic Sensors and Materials Business (""PAL"") [Member]"$5.4M520%
Business segments by year
Business segments20242025
Marine Technology Business (Products)$12.8M$13.2M
Defense Engineering Services Business Services$7.5M$7.9M
"Acoustic Sensors and Materials Business (""PAL"") [Member]"$5.4M

Regions

Americas brought in 34% of the revenue Coda Octopus Group, Inc. broke down this way in fiscal 2025.

  1. Americas$8.9M534%up 23% from 2024
  2. Europe$8.2M531%up 28% from 2024
  3. Australia/Asia$7.9M530%up 44% from 2024
  4. Middle East And Africa$1.6M56%up 39% from 2024
Regions by year
Regions20242025
Americas$7.3M$8.9M
Europe$6.4M$8.2M
Australia/Asia$5.5M$7.9M
Middle East And Africa$1.1M$1.6M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue32¢$8.9M
  • Research and development9¢$2.4M
  • Selling, general and admin39¢$10.7M
  • Income tax5¢$1.4M
  • Profit15¢$4.1M

Out of $26.6M in revenue.5

Where each dollar of operating cash went, fiscal 2025

  • Capital spending16¢$1.2M
  • Kept or used elsewhere84¢$6.0M

Out of $7.2M of cash from operations.5

Financial statements

Revenue6789105$26.6M in 2025+6% since 2019
0$10.0M$20.0M$30.0M2019: $25.1M$25.1M20192020: $20.0M$20.0M2020−20%2021: $21.3M$21.3M2021+6%2022: $22.2M$22.2M2022+4%2023: $19.4M$19.4M2023−13%2024: $20.3M$20.3M2024+5%2025: $26.6M$26.6M2025+31%
Gross profit6789105$17.7M in 2025+8% since 2019
0$5.0M$10.0M$15.0M$20.0M2019: $16.4M$16.4M20192020: $12.7M$12.7M2020−23%2021: $14.8M$14.8M2021+16%2022: $15.2M$15.2M2022+3%2023: $13.0M$13.0M2023−14%2024: $14.2M$14.2M2024+9%2025: $17.7M$17.7M2025+25%
Operating income6789105$4.5M in 2025−27% since 2019
0$2.0M$4.0M$6.0M$8.0M2019: $6.3M$6.3M20192020: $2.8M$2.8M2020−55%2021: $3.8M$3.8M2021+37%2022: $5.0M$5.0M2022+30%2023: $2.7M$2.7M2023−45%2024: $3.6M$3.6M2024+31%2025: $4.5M$4.5M2025+27%
Net income6789105$4.1M in 2025−21% since 2019
0$2.0M$4.0M$6.0M2019: $5.2M$5.2M20192020: $3.3M$3.3M2020−36%2021: $4.9M$4.9M2021+48%2022: $4.3M$4.3M2022−13%2023: $3.1M$3.1M2023−27%2024: $3.6M$3.6M2024+17%2025: $4.1M$4.1M2025+13%

Every line of the income statement as filed: the last 2 fiscal years, latest first.5

Period ending2025-10-312024-10-31
Net Revenues$26.6M$20.3M
Cost of Revenues$8.9M$6.1M
Gross Profit$17.7M$14.2M
Research & Development$2.4M$2.2M
Selling, General & Administrative$10.7M$8.3M
Total Operating Expenses$13.1M$10.6M
INCOME FROM OPERATIONS$4.5M$3.6M
Other Income$268.1K$88.4K
Interest Income$708.1K$938.8K
Total Other Income$976.2K$1.0M
INCOME BEFORE INCOME TAX EXPENSE$5.5M$4.6M
Current Tax Expense$1.1M$713.7K
Deferred Tax Expense$232.5K$251.6K
Total Income Tax Expense$1.4M$965.3K
NET INCOME$4.1M$3.6M
Basic$0.37$0.33
Diluted$0.37$0.32
Basic11.2M shares11.2M shares
Diluted11.3M shares11.3M shares
Foreign Currency Translation Adjustment$632.2K$931.7K
Total Other Comprehensive Income$632.2K$931.7K
COMPREHENSIVE INCOME$4.8M$4.6M

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Leadership

Who has led Coda Octopus Group, Inc., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Jason Lee Reid2008
  2. Annmarie Gayle2017–2023
  3. Kevin James Kane2021

Chair

  1. Annmarie Gayle2021–2023

President

  1. Jason Lee Reid2007
  2. Anthony Spencer Davis2008
  3. Blair Graeme Cunningham2017–2023

Chief financial officer

  1. Jody Eric Frank2007–2008
  2. Judith Wallace Johnson2010
  3. Michael Midgley2017–2021
  4. Nathan William Parker2022
  5. Gayle Michelle Jardine2023
  6. John C. Price2023
2010201520202025
Board members and other officers (24)

Timeline

  1. Jul 16, 2021New chief executive Kevin James Kane becomes CEO14
  2. Apr 18, 2017New chief executive Annmarie Gayle becomes CEO15
  3. Jul 3, 2008New chief executive Jason Lee Reid becomes CEO16
  4. Jul 13, 2004Founded Coda Octopus Group, Inc. is founded2

Filings

102 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 20 major events, 32 insider forms, 10 large holders, 19 other. The latest 20:

  1. Sep 17, 20263 EDGAR
  2. Sep 15, 20263 EDGAR
  3. Sep 14, 202610-Q EDGAR
  4. Sep 10, 20268-K EDGAR
  5. Aug 28, 2026SCHEDULE 13G/A EDGAR
  6. Aug 17, 2026DEF 14A EDGAR
  7. Aug 6, 2026PRE 14A EDGAR
  8. Aug 4, 20263 EDGAR
  9. Jul 6, 20268-K EDGAR
  10. Jun 24, 20264 EDGAR
  11. Jun 15, 202610-Q EDGAR
  12. Apr 20, 20264 EDGAR
  13. Apr 10, 20264 EDGAR
  14. Apr 7, 2026SCHEDULE 13G/A EDGAR
  15. Apr 1, 2026424B3 EDGAR
  16. Mar 30, 2026EFFECT EDGAR
  17. Mar 26, 2026CORRESP EDGAR
  18. Mar 26, 2026UPLOAD EDGAR
  19. Mar 19, 2026S-3 EDGAR
  20. Mar 17, 202610-Q EDGAR

The 102 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

16 open-market trades by officers, directors and large owners since October 2021: 6 buys and 10 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Mar 19, 2026Jardine Gayle MichelleInterim CFOSale2,256$12.59$28.4KForm 4
Mar 11, 2026Emerson John Steven10% ownerSale86,254$14.95$1.3MForm 4
Oct 2, 2025Sondergaard Niels10% ownerSale150,000$8.15$1.2MForm 4
Sep 23, 2025Sondergaard Niels10% ownerSale7,013$8.13$57.0KForm 4
Sep 22, 2025Sondergaard Niels10% ownerSale16,995$8.20$139.4KForm 4
Sep 19, 2025Sondergaard Niels10% ownerSale32,362$8.23$266.3KForm 4
Jan 24, 2025Sondergaard Niels10% ownerBuy10,000Form 4
Oct 6, 2023Sondergaard Niels10% ownerBuy16,500$5.99$98.8KForm 4
Oct 6, 2023Gayle AnnmarieChairman, CEOBuy16,500$5.99$98.8KForm 4
Sep 28, 2023RUNNELS G TYLERDirectorSale105,006$6.03$633.2KForm 4
Sep 28, 2023Gayle AnnmarieChairman, CEOBuy16,580$6.03$100.0KForm 4
Sep 28, 2023Sondergaard Niels10% ownerBuy16,580$6.03$100.0KForm 4
Sep 27, 2023RUNNELS G TYLERDirectorSale144,994$6.03$874.3KForm 4
Sep 27, 2023Emerson John Steven10% ownerBuy150,000$6.03$904.5KForm 4
Apr 21, 2023CUNNINGHAM BLAIR GRAEMEPresident of TechnologySale10,679$8.01$85.5KForm 4
Apr 11, 2023CUNNINGHAM BLAIR GRAEMEPresident of TechnologySale3,000$7.99$24.0KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 63. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Essex Investment Management Co LLC322,278$3.1M0.4%+132,638
Marshall Wace, Llp263,186$2.6M0.0%+8,997
Meros Investment Management, LP254,310$2.5M0.8%+230,000
Vanguard Capital Management LLC220,272$2.2M0.0%−43,467
Archon Capital Management LLC140,000$1.4M0.6%No change
Round Rock Advisors LLC117,366$1.1M0.1%No change
Legato Capital Management LLC108,091$1.1M0.1%+49,879
Dimensional Fund Advisors LP108,083$1.1M0.0%+9,229
Renaissance Technologies LLC102,928$1.0M0.0%+81,600
Grandeur Peak Global Advisors, LLC68,683$671.0K0.2%+6,164
Navellier & Associates Inc65,811$643.0K0.1%+19,361
Arrowstreet Capital, Limited Partnership64,363$628.8K0.0%−35,197
BlackRock, Inc.62,824$613.8K0.0%+5,392
Geode Capital Management, LLC60,331$589.6K0.0%−2,711
Victory Capital Management Inc50,422$492.6K0.0%New
RBF Capital, LLC50,000$488.5K0.0%No change
North Star Investment Management Corp.50,000$488.5K0.0%No change
Sei Investments Co49,201$480.7K0.0%−98,285
Two Sigma Investments, LP41,415$404.6K0.0%+16,816
Morgan Stanley35,037$342.3K0.0%+1,532
Occudo Quantitative Strategies LP32,709$319.6K0.0%+15,170
Stifel Financial Corp30,000$293.1K0.0%No change
Vanguard Fiduciary Trust Co28,284$276.3K0.0%+4,744
Jane Street Group, LLC25,272$246.9K0.0%−79,334
Goldman Sachs Group Inc24,676$241.1K0.0%New

13F reports cover disclosed long positions in U.S. stocks only.

Sources

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