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Side-by-side financial comparison of GEOSPACE TECHNOLOGIES CORP (GEOS) and WEST BANCORPORATION INC (WTBA). Click either name above to swap in a different company.

WEST BANCORPORATION INC is the larger business by last-quarter revenue ($26.9M vs $25.6M, roughly 1.1× GEOSPACE TECHNOLOGIES CORP). WEST BANCORPORATION INC runs the higher net margin — 39.2% vs -38.2%, a 77.4% gap on every dollar of revenue. On growth, WEST BANCORPORATION INC posted the faster year-over-year revenue change (16.6% vs -31.3%). WEST BANCORPORATION INC produced more free cash flow last quarter ($12.4M vs $-17.6M). Over the past eight quarters, WEST BANCORPORATION INC's revenue compounded faster (17.3% 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.

West Bancorporation Inc. is a regional financial holding company headquartered in the U.S. Midwest, primarily serving markets across Iowa and Minnesota. It provides a full suite of personal and commercial banking services, including deposit accounts, mortgage loans, business lending, and wealth management solutions for individual consumers, small-to-medium enterprises, and local organizational clients.

GEOS vs WTBA — Head-to-Head

Bigger by revenue
WTBA
WTBA
1.1× larger
WTBA
$26.9M
$25.6M
GEOS
Growing faster (revenue YoY)
WTBA
WTBA
+47.9% gap
WTBA
16.6%
-31.3%
GEOS
Higher net margin
WTBA
WTBA
77.4% more per $
WTBA
39.2%
-38.2%
GEOS
More free cash flow
WTBA
WTBA
$29.9M more FCF
WTBA
$12.4M
$-17.6M
GEOS
Faster 2-yr revenue CAGR
WTBA
WTBA
Annualised
WTBA
17.3%
2.7%
GEOS

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
GEOS
GEOS
WTBA
WTBA
Revenue
$25.6M
$26.9M
Net Profit
$-9.8M
$10.6M
Gross Margin
10.5%
Operating Margin
-40.0%
50.0%
Net Margin
-38.2%
39.2%
Revenue YoY
-31.3%
16.6%
Net Profit YoY
-216.6%
34.8%
EPS (diluted)
$-0.76
$0.61

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
WTBA
WTBA
Q1 26
$26.9M
Q4 25
$25.6M
$24.2M
Q3 25
$30.7M
$25.0M
Q2 25
$24.8M
$23.8M
Q1 25
$18.0M
$23.1M
Q4 24
$37.2M
$20.9M
Q3 24
$35.4M
$20.3M
Q2 24
$25.9M
$19.6M
Net Profit
GEOS
GEOS
WTBA
WTBA
Q1 26
$10.6M
Q4 25
$-9.8M
$7.4M
Q3 25
$-9.1M
$9.3M
Q2 25
$760.0K
$8.0M
Q1 25
$-9.8M
$7.8M
Q4 24
$8.4M
$7.1M
Q3 24
$-12.9M
$6.0M
Q2 24
$-2.1M
$5.2M
Gross Margin
GEOS
GEOS
WTBA
WTBA
Q1 26
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%
Operating Margin
GEOS
GEOS
WTBA
WTBA
Q1 26
50.0%
Q4 25
-40.0%
39.6%
Q3 25
-30.0%
45.8%
Q2 25
1.5%
43.4%
Q1 25
-57.0%
43.4%
Q4 24
21.0%
30.9%
Q3 24
3.3%
36.6%
Q2 24
-9.3%
32.6%
Net Margin
GEOS
GEOS
WTBA
WTBA
Q1 26
39.2%
Q4 25
-38.2%
30.7%
Q3 25
-29.5%
37.3%
Q2 25
3.1%
33.5%
Q1 25
-54.4%
34.0%
Q4 24
22.5%
34.0%
Q3 24
-36.3%
29.3%
Q2 24
-8.0%
26.5%
EPS (diluted)
GEOS
GEOS
WTBA
WTBA
Q1 26
$0.61
Q4 25
$-0.76
$0.44
Q3 25
$-0.70
$0.55
Q2 25
$0.06
$0.47
Q1 25
$-0.77
$0.46
Q4 24
$0.65
$0.41
Q3 24
$-0.96
$0.35
Q2 24
$-0.16
$0.31

Balance Sheet & Financial Strength

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

Metric
GEOS
GEOS
WTBA
WTBA
Cash + ST InvestmentsLiquidity on hand
$10.6M
$362.0M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$115.9M
$270.7M
Total Assets
$144.6M
$4.0B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GEOS
GEOS
WTBA
WTBA
Q1 26
$362.0M
Q4 25
$10.6M
$471.1M
Q3 25
$26.3M
$232.9M
Q2 25
$25.6M
$345.2M
Q1 25
$19.8M
Q4 24
$22.1M
$243.5M
Q3 24
$37.1M
Q2 24
$42.5M
Total Debt
GEOS
GEOS
WTBA
WTBA
Q1 26
Q4 25
$0
Q3 25
$0
Q2 25
Q1 25
Q4 24
$0
Q3 24
$0
Q2 24
Stockholders' Equity
GEOS
GEOS
WTBA
WTBA
Q1 26
$270.7M
Q4 25
$115.9M
$266.0M
Q3 25
$125.5M
$255.1M
Q2 25
$134.3M
$240.9M
Q1 25
$133.1M
$237.9M
Q4 24
$142.7M
$227.9M
Q3 24
$134.6M
$235.4M
Q2 24
$137.4M
$223.9M
Total Assets
GEOS
GEOS
WTBA
WTBA
Q1 26
$4.0B
Q4 25
$144.6M
$4.1B
Q3 25
$153.0M
$4.0B
Q2 25
$149.8M
$4.1B
Q1 25
$149.0M
$4.0B
Q4 24
$159.9M
$4.0B
Q3 24
$152.2M
$4.0B
Q2 24
$152.0M
$4.0B
Debt / Equity
GEOS
GEOS
WTBA
WTBA
Q1 26
Q4 25
0.00×
Q3 25
0.00×
Q2 25
Q1 25
Q4 24
0.00×
Q3 24
0.00×
Q2 24

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
WTBA
WTBA
Operating Cash FlowLast quarter
$-15.1M
$12.9M
Free Cash FlowOCF − Capex
$-17.6M
$12.4M
FCF MarginFCF / Revenue
-68.6%
46.0%
Capex IntensityCapex / Revenue
9.7%
1.8%
Cash ConversionOCF / Net Profit
1.22×
TTM Free Cash FlowTrailing 4 quarters
$-33.0M
$79.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GEOS
GEOS
WTBA
WTBA
Q1 26
$12.9M
Q4 25
$-15.1M
$46.5M
Q3 25
$-4.1M
$11.4M
Q2 25
$-4.7M
$13.5M
Q1 25
$-1.9M
$9.7M
Q4 24
$-11.5M
$39.8M
Q3 24
$-1.6M
$12.9M
Q2 24
$-1.3M
$10.0M
Free Cash Flow
GEOS
GEOS
WTBA
WTBA
Q1 26
$12.4M
Q4 25
$-17.6M
$43.2M
Q3 25
$-6.2M
$10.8M
Q2 25
$-6.1M
$12.8M
Q1 25
$-3.1M
$8.3M
Q4 24
$-14.7M
$13.7M
Q3 24
$-1.8M
$7.0M
Q2 24
$-1.7M
$2.7M
FCF Margin
GEOS
GEOS
WTBA
WTBA
Q1 26
46.0%
Q4 25
-68.6%
178.3%
Q3 25
-20.3%
43.0%
Q2 25
-24.7%
53.6%
Q1 25
-17.3%
35.7%
Q4 24
-39.5%
65.6%
Q3 24
-5.2%
34.2%
Q2 24
-6.4%
14.0%
Capex Intensity
GEOS
GEOS
WTBA
WTBA
Q1 26
1.8%
Q4 25
9.7%
13.7%
Q3 25
6.9%
2.6%
Q2 25
5.7%
3.2%
Q1 25
6.8%
6.5%
Q4 24
8.6%
125.3%
Q3 24
0.8%
29.4%
Q2 24
1.6%
37.1%
Cash Conversion
GEOS
GEOS
WTBA
WTBA
Q1 26
1.22×
Q4 25
6.26×
Q3 25
1.23×
Q2 25
-6.22×
1.70×
Q1 25
1.24×
Q4 24
-1.37×
5.61×
Q3 24
2.17×
Q2 24
1.93×

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%

WTBA
WTBA

Segment breakdown not available.

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