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Side-by-side financial comparison of GEOSPACE TECHNOLOGIES CORP (GEOS) and M-tron Industries, Inc. (MPTI). Click either name above to swap in a different company.

GEOSPACE TECHNOLOGIES CORP is the larger business by last-quarter revenue ($25.6M vs $14.2M, roughly 1.8× M-tron Industries, Inc.). M-tron Industries, Inc. runs the higher net margin — 24.1% vs -38.2%, a 62.2% gap on every dollar of revenue. On growth, M-tron Industries, Inc. posted the faster year-over-year revenue change (11.2% vs -31.3%). M-tron Industries, Inc. produced more free cash flow last quarter ($2.3M vs $-17.6M). Over the past eight quarters, M-tron Industries, Inc.'s revenue compounded faster (12.8% 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.

M-tron Industries, Inc. designs, manufactures and markets high-performance frequency control and timing solutions including crystal oscillators, filters and integrated timing assemblies. Its products serve aerospace, defense, telecom, industrial automation and medical device segments, catering mainly to North American, European and Asian commercial and government clients.

GEOS vs MPTI — Head-to-Head

Bigger by revenue
GEOS
GEOS
1.8× larger
GEOS
$25.6M
$14.2M
MPTI
Growing faster (revenue YoY)
MPTI
MPTI
+42.4% gap
MPTI
11.2%
-31.3%
GEOS
Higher net margin
MPTI
MPTI
62.2% more per $
MPTI
24.1%
-38.2%
GEOS
More free cash flow
MPTI
MPTI
$19.9M more FCF
MPTI
$2.3M
$-17.6M
GEOS
Faster 2-yr revenue CAGR
MPTI
MPTI
Annualised
MPTI
12.8%
2.7%
GEOS

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GEOS
GEOS
MPTI
MPTI
Revenue
$25.6M
$14.2M
Net Profit
$-9.8M
$3.4M
Gross Margin
10.5%
Operating Margin
-40.0%
27.3%
Net Margin
-38.2%
24.1%
Revenue YoY
-31.3%
11.2%
Net Profit YoY
-216.6%
60.1%
EPS (diluted)
$-0.76
$0.90

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
MPTI
MPTI
Q4 25
$25.6M
$14.2M
Q3 25
$30.7M
$14.2M
Q2 25
$24.8M
$13.3M
Q1 25
$18.0M
$12.7M
Q4 24
$37.2M
$12.8M
Q3 24
$35.4M
$13.2M
Q2 24
$25.9M
$11.8M
Q1 24
$24.3M
$11.2M
Net Profit
GEOS
GEOS
MPTI
MPTI
Q4 25
$-9.8M
$3.4M
Q3 25
$-9.1M
$1.8M
Q2 25
$760.0K
$1.6M
Q1 25
$-9.8M
$1.6M
Q4 24
$8.4M
$2.1M
Q3 24
$-12.9M
$2.3M
Q2 24
$-2.1M
$1.7M
Q1 24
$-4.3M
$1.5M
Gross Margin
GEOS
GEOS
MPTI
MPTI
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
MPTI
MPTI
Q4 25
-40.0%
27.3%
Q3 25
-30.0%
18.0%
Q2 25
1.5%
13.9%
Q1 25
-57.0%
15.8%
Q4 24
21.0%
20.1%
Q3 24
3.3%
22.1%
Q2 24
-9.3%
17.8%
Q1 24
-18.6%
16.0%
Net Margin
GEOS
GEOS
MPTI
MPTI
Q4 25
-38.2%
24.1%
Q3 25
-29.5%
12.9%
Q2 25
3.1%
11.7%
Q1 25
-54.4%
12.8%
Q4 24
22.5%
16.7%
Q3 24
-36.3%
17.2%
Q2 24
-8.0%
14.8%
Q1 24
-17.8%
13.3%
EPS (diluted)
GEOS
GEOS
MPTI
MPTI
Q4 25
$-0.76
$0.90
Q3 25
$-0.70
$0.63
Q2 25
$0.06
$0.53
Q1 25
$-0.77
$0.56
Q4 24
$0.65
$0.68
Q3 24
$-0.96
$0.81
Q2 24
$-0.16
$0.63
Q1 24
$-0.32
$0.53

Balance Sheet & Financial Strength

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

Metric
GEOS
GEOS
MPTI
MPTI
Cash + ST InvestmentsLiquidity on hand
$10.6M
$20.9M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$115.9M
$63.2M
Total Assets
$144.6M
$68.4M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GEOS
GEOS
MPTI
MPTI
Q4 25
$10.6M
$20.9M
Q3 25
$26.3M
$18.3M
Q2 25
$25.6M
$15.5M
Q1 25
$19.8M
$13.7M
Q4 24
$22.1M
$12.6M
Q3 24
$37.1M
$8.5M
Q2 24
$42.5M
$6.5M
Q1 24
$51.2M
$5.4M
Total Debt
GEOS
GEOS
MPTI
MPTI
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
MPTI
MPTI
Q4 25
$115.9M
$63.2M
Q3 25
$125.5M
$37.0M
Q2 25
$134.3M
$34.8M
Q1 25
$133.1M
$33.2M
Q4 24
$142.7M
$31.3M
Q3 24
$134.6M
$26.2M
Q2 24
$137.4M
$23.7M
Q1 24
$142.2M
$21.7M
Total Assets
GEOS
GEOS
MPTI
MPTI
Q4 25
$144.6M
$68.4M
Q3 25
$153.0M
$42.2M
Q2 25
$149.8M
$39.7M
Q1 25
$149.0M
$37.8M
Q4 24
$159.9M
$36.6M
Q3 24
$152.2M
$31.5M
Q2 24
$152.0M
$28.4M
Q1 24
$157.7M
$26.8M
Debt / Equity
GEOS
GEOS
MPTI
MPTI
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
MPTI
MPTI
Operating Cash FlowLast quarter
$-15.1M
$2.7M
Free Cash FlowOCF − Capex
$-17.6M
$2.3M
FCF MarginFCF / Revenue
-68.6%
16.4%
Capex IntensityCapex / Revenue
9.7%
2.4%
Cash ConversionOCF / Net Profit
0.78×
TTM Free Cash FlowTrailing 4 quarters
$-33.0M
$8.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GEOS
GEOS
MPTI
MPTI
Q4 25
$-15.1M
$2.7M
Q3 25
$-4.1M
$3.5M
Q2 25
$-4.7M
$2.9M
Q1 25
$-1.9M
$1.6M
Q4 24
$-11.5M
$1.8M
Q3 24
$-1.6M
$2.3M
Q2 24
$-1.3M
$2.0M
Q1 24
$-8.9M
$1.5M
Free Cash Flow
GEOS
GEOS
MPTI
MPTI
Q4 25
$-17.6M
$2.3M
Q3 25
$-6.2M
$2.7M
Q2 25
$-6.1M
$2.0M
Q1 25
$-3.1M
$1.0M
Q4 24
$-14.7M
$1.4M
Q3 24
$-1.8M
$1.8M
Q2 24
$-1.7M
$1.1M
Q1 24
$-11.3M
$1.4M
FCF Margin
GEOS
GEOS
MPTI
MPTI
Q4 25
-68.6%
16.4%
Q3 25
-20.3%
19.1%
Q2 25
-24.7%
15.4%
Q1 25
-17.3%
8.0%
Q4 24
-39.5%
10.8%
Q3 24
-5.2%
13.4%
Q2 24
-6.4%
9.2%
Q1 24
-46.6%
12.3%
Capex Intensity
GEOS
GEOS
MPTI
MPTI
Q4 25
9.7%
2.4%
Q3 25
6.9%
5.7%
Q2 25
5.7%
6.1%
Q1 25
6.8%
4.6%
Q4 24
8.6%
3.3%
Q3 24
0.8%
3.6%
Q2 24
1.6%
7.4%
Q1 24
9.8%
1.1%
Cash Conversion
GEOS
GEOS
MPTI
MPTI
Q4 25
0.78×
Q3 25
1.92×
Q2 25
-6.22×
1.83×
Q1 25
0.99×
Q4 24
-1.37×
0.85×
Q3 24
0.99×
Q2 24
1.12×
Q1 24
1.01×

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%

MPTI
MPTI

US$11.3M79%
Non Us$2.9M21%

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