CODA's Growth Comparisons in II. Quarter 2026
Although the Aerospace & Defense industry saw advancing Revenue by 9.54%, Coda Octopus Group Inc announced -1.62% year on year sales decline in the second quarter 2026, to $ 7 millions, and underperformed the 9.55% Revenue growth in the Capital Goods sector. Weak second quarter sales, in Aerospace & Defense industry and within the Capital Goods sector, were reflected in Coda Octopus Group Inc results which underperformed overall market.
Comparing the company's Revenue to the first quarter results, sales were higher by 2.89% . On the yearly basis, average annual sales growth for Coda Octopus Group Inc is 8.08%, while S & P 500's including only Businesses with the second quarter 2026 earnings, average annual sales growth is 13.63% over the past five years.
| Segment Name |
Y / Y |
Sequential |
| Deferred Revenue |
|
22.24 % |
149.35 % |
| Customer Technical Support Obligations |
|
-27.24 % |
-15.56 % |
| Product Warranty |
|
15.26 % |
- |
| Reporting |
|
-1.62 % |
2.89 % |
| Marine Technology Products Business |
|
-26.78 % |
-15.36 % |
| Marine Technology Products Business Reporting |
|
- |
-15.36 % |
| Acoustic Sensors and Materials Business Reporting |
|
17.46 % |
-3.66 % |
| Defense Engineering Services Business |
|
37.94 % |
43.31 % |
| Defense Engineering Services Business Reporting |
|
- |
43.31 % |
| Corporate Reporting |
|
- |
0 % |
| Transferred at Point in Time |
|
-30.48 % |
-14.1 % |
| Transferred over Time |
|
57.97 % |
25.41 % |
| Equipment Sales |
|
-29.96 % |
-12.86 % |
| Equipment Rentals |
|
351.05 % |
1.93 % |
| Software Sales |
|
-40.82 % |
-35.46 % |
| Engineering Parts |
|
30.9 % |
47.53 % |
| Service |
|
46.27 % |
5.93 % |
| Marine Technology Products Business Transferred at Point in Time |
|
-46.48 % |
-23.48 % |
| Marine Technology Products Business Transferred over Time |
|
184.54 % |
7.67 % |
| Marine Technology Products Business Equipment Sales |
|
-46.87 % |
-22.37 % |
| Marine Technology Products Business Equipment Rentals |
|
351.05 % |
1.93 % |
| Marine Technology Products Business Software Sales |
|
-40.82 % |
-35.46 % |
| Marine Technology Products Business Service |
|
10.97 % |
41.41 % |
| Acoustic Sensors and Materials Business PAL |
|
17.46 % |
-3.66 % |
| Acoustic Sensors and Materials Business PAL Transferred at Point in Time |
|
19.06 % |
3.77 % |
| Acoustic Sensors and Materials Business PAL Transferred over Time |
|
6.39 % |
-37.89 % |
| Acoustic Sensors and Materials Business PAL Equipment Sales |
|
19.06 % |
3.77 % |
| Acoustic Sensors and Materials Business PAL Service |
|
6.39 % |
-37.89 % |
| Defense Engineering Services Business Transferred at Point in Time |
|
-18.46 % |
-13.55 % |
| Defense Engineering Services Business Transferred over Time |
|
39.38 % |
44.73 % |
| Defense Engineering Services Business Equipment Sales |
|
-18.46 % |
-13.55 % |
| Defense Engineering Services Business Engineering Parts |
|
30.9 % |
47.53 % |
| Defense Engineering Services Business Service |
|
110.62 % |
31.67 % |
| Americas |
|
-39.05 % |
94.13 % |
| Americas Marine Technology Products Business |
|
-59.75 % |
107.96 % |
| Americas Acoustic Sensors and Materials Business PAL |
|
76.09 % |
69.11 % |
| Americas Defense Engineering Services Business |
|
-31.08 % |
96.11 % |
| Europe |
|
111.96 % |
33.22 % |
| Europe Marine Technology Products Business |
|
87.22 % |
6.87 % |
| Europe Acoustic Sensors and Materials Business PAL |
|
73.71 % |
66.42 % |
| Europe Defense Engineering Services Business |
|
151.27 % |
27.82 % |
| Australia Asia |
|
-40.43 % |
-51.29 % |
| Australia Asia Marine Technology Products Business |
|
-35.31 % |
-45.28 % |
| Australia Asia Acoustic Sensors and Materials Business PAL |
|
-60.98 % |
-71.87 % |
| Middle East Africa |
|
1734.19 % |
324.02 % |
| Middle East Africa Marine Technology Products Business |
|
- |
1007.51 % |
| Middle East Africa Acoustic Sensors and Materials Business PAL |
|
89.33 % |
-33.35 % |
| Total |
|
1.24 % |
3.31 % |
Coda Octopus Group Inc showed impressive 87.5% year on year rise in the second quarter to $0.15, despite the -7.95% inAerospace & Defense industry, Capital Goods sector grew 4.21%. Slow second quarter 2026 income per share, in Aerospace & Defense industry and Capital Goods sector, were portrayed in the Coda Octopus Group Inc results which underperformed overall market.
The bottom-line grew by 87.5% from the first quarter. Average yearly income per share growth for Coda Octopus Group Inc is 4.28%, while S & P 500's average annual income per share increase is 23.95% over the five years, including only Businesses with the second quarter 2026 earnings reports.
