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Source document· March 17, 2026

Coda Octopus Group Reports Fiscal First Quarter 2026 Financial Results

Coda Octopus Group Reports Fiscal First Quarter 2026 Financial Results ORLANDO, FL, March 17, 2026 (GLOBE NEWSWIRE) -- Coda Octopus Group, Inc…

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The Unmanned Underwater Vehicle market, valued at $4.8 billion in 2024, is projected to reach $11.1 billion by 2030
60% confidence
Despite the uncertain global policy environment, I am pleased with our overall financial results in FQ2026 and the diversification of our revenue structure
60% confidence
Echoscope currently accounts for approximately 80% of Marine Technology Business revenues
60% confidence
I am pleased with our overall results of operations in FQ2026, especially the increase in revenue by 28.8%
60% confidence
All business units increased revenue in the FQ2026 period
60% confidence
Fiscal year 2026 DAVD sales will be backended due to delays in defense spending appropriations and ANU assessment
60% confidence
Company is well-positioned to capture significant value in expanding defense and underwater robotics markets with NANO GEN Series
60% confidence