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Side-by-side financial comparison of GEOSPACE TECHNOLOGIES CORP (GEOS) and Hanover Bancorp, Inc. (HNVR). Click either name above to swap in a different company.

GEOSPACE TECHNOLOGIES CORP is the larger business by last-quarter revenue ($25.6M vs $18.6M, roughly 1.4× Hanover Bancorp, Inc.). Hanover Bancorp, Inc. runs the higher net margin — 0.2% vs -38.2%, a 38.3% gap on every dollar of revenue. On growth, Hanover Bancorp, Inc. posted the faster year-over-year revenue change (3.3% vs -31.3%). Hanover Bancorp, Inc. produced more free cash flow last quarter ($12.2M vs $-17.6M). Over the past eight quarters, Hanover Bancorp, Inc.'s revenue compounded faster (6.1% CAGR vs 2.7%).

Geospace Technologies Corporation is a manufacturer of specialized electronics and seismic data acquisition equipment used in the oil and gas industry. Geospace Technologies has been publicly traded on the NASDAQ stock exchange since November 1997.

Hanover Bancorp, Inc. is a U.S. regional bank holding company based in Maryland. It offers retail and commercial banking services including deposits, business loans, mortgages, personal lending and wealth management, serving consumers, SMEs and local groups across Maryland and adjacent mid-Atlantic markets.

GEOS vs HNVR — Head-to-Head

Bigger by revenue
GEOS
GEOS
1.4× larger
GEOS
$25.6M
$18.6M
HNVR
Growing faster (revenue YoY)
HNVR
HNVR
+34.6% gap
HNVR
3.3%
-31.3%
GEOS
Higher net margin
HNVR
HNVR
38.3% more per $
HNVR
0.2%
-38.2%
GEOS
More free cash flow
HNVR
HNVR
$29.7M more FCF
HNVR
$12.2M
$-17.6M
GEOS
Faster 2-yr revenue CAGR
HNVR
HNVR
Annualised
HNVR
6.1%
2.7%
GEOS

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GEOS
GEOS
HNVR
HNVR
Revenue
$25.6M
$18.6M
Net Profit
$-9.8M
$33.0K
Gross Margin
10.5%
Operating Margin
-40.0%
0.7%
Net Margin
-38.2%
0.2%
Revenue YoY
-31.3%
3.3%
Net Profit YoY
-216.6%
-99.2%
EPS (diluted)
$-0.76
$0.00

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GEOS
GEOS
HNVR
HNVR
Q4 25
$25.6M
$18.6M
Q3 25
$30.7M
$18.0M
Q2 25
$24.8M
$18.4M
Q1 25
$18.0M
$18.4M
Q4 24
$37.2M
$18.0M
Q3 24
$35.4M
$17.1M
Q2 24
$25.9M
$16.9M
Q1 24
$24.3M
$16.5M
Net Profit
GEOS
GEOS
HNVR
HNVR
Q4 25
$-9.8M
$33.0K
Q3 25
$-9.1M
$3.5M
Q2 25
$760.0K
$2.4M
Q1 25
$-9.8M
$1.5M
Q4 24
$8.4M
$3.9M
Q3 24
$-12.9M
$3.5M
Q2 24
$-2.1M
$844.0K
Q1 24
$-4.3M
$4.1M
Gross Margin
GEOS
GEOS
HNVR
HNVR
Q4 25
10.5%
Q3 25
11.3%
Q2 25
30.3%
Q1 25
9.7%
Q4 24
54.1%
Q3 24
45.0%
Q2 24
33.0%
Q1 24
24.2%
Operating Margin
GEOS
GEOS
HNVR
HNVR
Q4 25
-40.0%
0.7%
Q3 25
-30.0%
25.9%
Q2 25
1.5%
18.4%
Q1 25
-57.0%
9.6%
Q4 24
21.0%
28.9%
Q3 24
3.3%
27.1%
Q2 24
-9.3%
6.9%
Q1 24
-18.6%
32.7%
Net Margin
GEOS
GEOS
HNVR
HNVR
Q4 25
-38.2%
0.2%
Q3 25
-29.5%
19.4%
Q2 25
3.1%
13.3%
Q1 25
-54.4%
8.3%
Q4 24
22.5%
21.7%
Q3 24
-36.3%
20.7%
Q2 24
-8.0%
5.0%
Q1 24
-17.8%
24.6%
EPS (diluted)
GEOS
GEOS
HNVR
HNVR
Q4 25
$-0.76
$0.00
Q3 25
$-0.70
$0.47
Q2 25
$0.06
$0.33
Q1 25
$-0.77
$0.20
Q4 24
$0.65
$0.52
Q3 24
$-0.96
$0.48
Q2 24
$-0.16
$0.11
Q1 24
$-0.32
$0.55

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GEOS
GEOS
HNVR
HNVR
Cash + ST InvestmentsLiquidity on hand
$10.6M
$208.9M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$115.9M
$200.3M
Total Assets
$144.6M
$2.4B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GEOS
GEOS
HNVR
HNVR
Q4 25
$10.6M
$208.9M
Q3 25
$26.3M
$167.6M
Q2 25
$25.6M
$164.5M
Q1 25
$19.8M
$160.2M
Q4 24
$22.1M
$162.9M
Q3 24
$37.1M
$141.2M
Q2 24
$42.5M
$141.1M
Q1 24
$51.2M
$136.5M
Total Debt
GEOS
GEOS
HNVR
HNVR
Q4 25
$0
Q3 25
$0
Q2 25
Q1 25
Q4 24
$0
Q3 24
$0
Q2 24
Q1 24
$0
Stockholders' Equity
GEOS
GEOS
HNVR
HNVR
Q4 25
$115.9M
$200.3M
Q3 25
$125.5M
$201.8M
Q2 25
$134.3M
$198.9M
Q1 25
$133.1M
$196.6M
Q4 24
$142.7M
$196.6M
Q3 24
$134.6M
$192.3M
Q2 24
$137.4M
$190.1M
Q1 24
$142.2M
$189.5M
Total Assets
GEOS
GEOS
HNVR
HNVR
Q4 25
$144.6M
$2.4B
Q3 25
$153.0M
$2.3B
Q2 25
$149.8M
$2.3B
Q1 25
$149.0M
$2.3B
Q4 24
$159.9M
$2.3B
Q3 24
$152.2M
$2.3B
Q2 24
$152.0M
$2.3B
Q1 24
$157.7M
$2.3B
Debt / Equity
GEOS
GEOS
HNVR
HNVR
Q4 25
0.00×
Q3 25
0.00×
Q2 25
Q1 25
Q4 24
0.00×
Q3 24
0.00×
Q2 24
Q1 24
0.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GEOS
GEOS
HNVR
HNVR
Operating Cash FlowLast quarter
$-15.1M
$13.1M
Free Cash FlowOCF − Capex
$-17.6M
$12.2M
FCF MarginFCF / Revenue
-68.6%
65.5%
Capex IntensityCapex / Revenue
9.7%
4.7%
Cash ConversionOCF / Net Profit
395.48×
TTM Free Cash FlowTrailing 4 quarters
$-33.0M
$16.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GEOS
GEOS
HNVR
HNVR
Q4 25
$-15.1M
$13.1M
Q3 25
$-4.1M
$2.7M
Q2 25
$-4.7M
$-2.1M
Q1 25
$-1.9M
$4.1M
Q4 24
$-11.5M
$5.4M
Q3 24
$-1.6M
$-547.0K
Q2 24
$-1.3M
$-3.1M
Q1 24
$-8.9M
$3.6M
Free Cash Flow
GEOS
GEOS
HNVR
HNVR
Q4 25
$-17.6M
$12.2M
Q3 25
$-6.2M
$2.4M
Q2 25
$-6.1M
$-2.2M
Q1 25
$-3.1M
$3.9M
Q4 24
$-14.7M
$4.1M
Q3 24
$-1.8M
$-876.0K
Q2 24
$-1.7M
$-4.5M
Q1 24
$-11.3M
$3.3M
FCF Margin
GEOS
GEOS
HNVR
HNVR
Q4 25
-68.6%
65.5%
Q3 25
-20.3%
13.5%
Q2 25
-24.7%
-11.7%
Q1 25
-17.3%
21.2%
Q4 24
-39.5%
23.1%
Q3 24
-5.2%
-5.1%
Q2 24
-6.4%
-26.9%
Q1 24
-46.6%
19.9%
Capex Intensity
GEOS
GEOS
HNVR
HNVR
Q4 25
9.7%
4.7%
Q3 25
6.9%
1.8%
Q2 25
5.7%
0.5%
Q1 25
6.8%
1.2%
Q4 24
8.6%
7.2%
Q3 24
0.8%
1.9%
Q2 24
1.6%
8.6%
Q1 24
9.8%
1.9%
Cash Conversion
GEOS
GEOS
HNVR
HNVR
Q4 25
395.48×
Q3 25
0.79×
Q2 25
-6.22×
-0.84×
Q1 25
2.70×
Q4 24
-1.37×
1.39×
Q3 24
-0.15×
Q2 24
-3.68×
Q1 24
0.89×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GEOS
GEOS

Energy Solutions$14.6M57%
Smart Water$5.8M22%
Intelligent Industrial$5.1M20%

HNVR
HNVR

Segment breakdown not available.

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