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Companies / Healthcare / Coda Octopus Group, Inc.
CODA

Coda Octopus Group, Inc.

HealthcareMedical Instruments
Ticker CODAORLANDO, FLFiscal year ends OctoberBook value per share $5.55Diluted shares 11.3M

Coda Octopus Group, Inc. (NASDAQ: CODT) operates through three integrated business segments serving the underwater technology and defense sectors. The company's website is www.codaoctopusgroup.com. From the company’s description.

Fiscal year 2025 · ends 10-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-07-31
Sales & profitability
$26.56M
+30.7% year over year
Last 12 mo $28.60M
17.08%
−0.6 percentage points
Last 12 mo 20.08%
$4.13M
+13.3% year over year
Last 12 mo $5.04M
7.11%
+0.2 percentage points
Last 12 mo 8.04%
Cash & financing
$7.21M
+194.1% year over year
Last 12 mo $6.33M
$6.04M
+209.9% year over year
Last 12 mo $5.60M
—
11.3M
−0.3% year over year
Last 12 mo 11.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Coda Octopus Group, Inc. does

In the company’s own words

Coda Octopus Group, Inc. (NASDAQ: CODT) operates through three integrated business segments serving the underwater technology and defense sectors. The company's website is www.codaoctopusgroup.com.

The Marine Technology Business represents the company's core operations, developing proprietary solutions for commercial and defense subsea applications. This segment markets real-time volumetric imaging sonar technology under the Echoscope brand, including the recently launched Echoscope PIPE NANO Gen Series, which provides three-dimensional underwater imaging in zero-visibility conditions. The company also offers the Diver Augmented Vision Display system, an augmented reality technology that delivers real-time information to divers through transparent head-up displays integrated into diving helmets and masks. Additional marine products include digital audio communications systems, GNSS-aided navigation systems, and geophysical software solutions marketed under brands such as DA4G, GeoSurvey, and Survey Engine. These products serve underwater construction, offshore renewables, oil and gas, salvage operations, port security, robotics, and autonomous underwater vehicle markets.

The Acoustic Sensors and Materials Business, acquired through Precision Acoustics Limited in October 2024, supplies acoustic sensors, materials, and calibration services to medical, subsea, defense, and research sectors. PAL holds ISO/IEC 17025 accreditation for ultrasonic hydrophone calibration, representing one of only two such facilities in the United Kingdom.

The Defense Engineering Services Business operates through subsidiaries Coda Octopus Engineering and Coda Octopus Martech, providing embedded solutions and sub-assemblies for mission-critical defense programs. These businesses have supported major defense contractors including Raytheon and Northrop Grumman for decades, with established sole-source supplier relationships that generate recurring revenue throughout program lifecycles.

The company reported fiscal year 2025 revenues of approximately $26.6 million. Operations span multiple countries including the United States, United Kingdom, Denmark, and Australia, with manufacturing and development performed internally. The integrated business model combines shared customer relationships, complementary technologies, and specialized engineering expertise across all three segments.

Company details
Sector
Healthcare
Industry
Medical Instruments
Headquarters
ORLANDO, FL
Fiscal year end
October
CIK
1334325
SIC
3812

Financial performance, year by year

Fiscal 2017–2025 · USD
$-2.86M$5.72M$14.30M$22.88M$31.46M201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Coda Octopus Group, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

36
funds hold it
0 of 35
superinvestors hold it
$6.76M
held by funds, at market
5.6%
of shares held by funds

Largest fund holders · Coda Octopus Group, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
North Star Micro Cap Fund
NSMVX · NORTHERN LIGHTS FUND TRUST II
0.34%of fund net assets
Federated Hermes MDT Small Cap Growth Fund
QASGX · Federated Hermes MDT Series
0.07%of fund net assets
VictoryShares Small Cap Free Cash Flow ETF
SFLO · Victory Portfolios II
0.08%of fund net assets
0.42%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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