Geospace Technologies Corporation (GEOS) Balance Sheet
GEOS balance sheet, FY2025
September 30, 2025 · U.S. dollars$153.0M assets = $27.5M liabilities + $125.5M equity
Both columns are drawn to the same scale: what GEOS owns equals what it owes plus shareholders’ equity. Hover a block for its value.
GEOS financial health
Descriptive bands, not a rating. Fiscal FY2025.
GEOS balance sheet trends, FY2016–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $254.8MFY2016 | $153.0MFY2025 | −5.5%/yr | |
| Total liabilities | $10.3MFY2016 | $27.5MFY2025 | +11.5%/yr | |
| Shareholders’ equity | $244.5MFY2016 | $125.5MFY2025 | −7.1%/yr | |
| Cash & short-term investments | $37.8MFY2016 | $26.3MFY2025 | −3.9%/yr | |
| Total debt | $6.8MFY2016 | $974,000FY2025 | −19.4%/yr | |
| Net cash (debt) | $31.0MFY2016 | $25.4MFY2025 | −$5.6M | |
| Working capital | $164.1MFY2016 | $64.1MFY2025 | −$100.0M | |
| Book value per share | $18.74FY2016 | $9.81FY2025 | −6.9%/yr | |
| Current ratio | 16.98FY2016 | 3.62FY2025 | −13.36 | |
| Debt / equity | 0.03FY2016 | 0.01FY2025 | −0.02 | |
| Shares outstanding | 13.0MFY2016 | 12.8MFY2025 | −0.2%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
GEOS assets
GEOS liabilities and equity
GEOS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
GEOS balance sheet
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $26.3M | $37.1M | $33.7M | $17.0M | $23.6M | $32.7M | $18.9M | $37.4M | $51.2M | $37.8M |
| Cash & equivalents | $26.3M | $6.9M | $18.8M | $16.1M | $14.1M | $32.7M | $18.9M | $11.9M | $15.1M | $10.3M |
| Short-term investments | $0 | $30.2M | $14.9M | $894,000 | $9.5M | $0 | $0 | $25.5M | $36.1M | $27.5M |
| Receivables | $28.3M | $21.9M | $21.4M | $20.9M | $18.2M | $13.8M | $27.4M | $18.6M | $12.8M | $30.2M |
| Inventory | $30.9M | $26.2M | $18.4M | $20.0M | $16.2M | $16.9M | $23.9M | $18.8M | $20.8M | $104.5M |
| Other current assets | $3.0M | $4.2M | $2.3M | $2.1M | $2.1M | $1.5M | $1.0M | $1.9M | $1.6M | $1.8M |
| Total current assets | $88.5M | $89.4M | $75.8M | $60.0M | $60.0M | $64.9M | $71.2M | $76.7M | $86.4M | $174.3M |
| Property, plant & equipment (net) | $32.3M | $21.5M | $46.3M | $55.8M | $70.1M | $84.2M | $93.5M | $73.2M | $53.9M | $75.7M |
| Goodwill & intangible assets | $6.4M | $2.4M | $5.5M | $6.3M | $12.3M | $12.7M | $15.1M | $12.3M | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.7M | $8.2M | $1.8M |
| Other non-current assets | $25.8M | $38.9M | $25.4M | $13.0M | $21.5M | $25.0M | $22.2M | $32.2M | $57.3M | $2.9M |
| Total assets | $153.0M | $152.2M | $153.0M | $135.1M | $163.9M | $186.8M | $202.0M | $199.1M | $205.7M | $254.8M |
| Liabilities | ||||||||||
| Accounts payable | $10.4M | $8.0M | $6.7M | $5.6M | $6.4M | $1.6M | $4.1M | $4.1M | $2.6M | $2.1M |
| Short-term debt | $420,000 | $173,000 | $257,000 | $241,000 | $225,000 | $8.8M | $5.7M | $2.0M | $5.6M | $6.8M |
| Deferred revenue | $5.7M | $1.4M | $4.4M | $629,000 | $1.3M | $8.8M | $9.1M | $3.8M | $1.6M | $174,000 |
| Total current liabilities | $24.4M | $17.2M | $19.8M | $12.6M | $15.2M | $10.3M | $13.2M | $14.7M | $10.5M | $10.3M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $974,000 | $512,000 | $769,000 | $1.0M | $1.2M | $0 | — | — | — | — |
| Other long-term liabilities | $3.1M | $373,000 | $528,000 | $782,000 | $6.2M | $15.5M | $10.0M | $7.8M | $37,000 | $37,000 |
| Total liabilities | $27.5M | $17.6M | $20.3M | $13.4M | $21.5M | $25.9M | $23.2M | $22.5M | $10.5M | $10.3M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $144,000 | $142,000 | $140,000 | $139,000 | $137,000 | $137,000 | $136,000 | $136,000 | $134,000 | $133,000 |
| Retained earnings (deficit) | $45.6M | $55.3M | $61.9M | $49.7M | $72.5M | $86.6M | $105.8M | $106.0M | $125.5M | $182.3M |
| Treasury stock | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Accumulated other comprehensive income | −$4.5M | −$4.3M | −$17.8M | −$15.3M | −$16.3M | −$16.7M | −$15.8M | −$15.6M | −$14.2M | −$15.9M |
| Minority interest | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Total shareholders' equity | $125.5M | $134.6M | $132.7M | $121.6M | $142.5M | $161.0M | $178.8M | $176.6M | $195.2M | $244.5M |
| Key figures | ||||||||||
| Total debt | $974,000 | $512,000 | $769,000 | $1.0M | $1.2M | $8.8M | $5.7M | $2.0M | $5.6M | $6.8M |
| Net cash (debt) | $25.4M | $36.6M | $33.0M | $16.0M | $22.3M | $23.9M | $13.2M | $35.4M | $45.6M | $31.0M |
| Working capital | $64.1M | $72.2M | $56.0M | $47.3M | $44.8M | $54.6M | $58.0M | $61.9M | $75.9M | $164.1M |
| Tangible book value | $119.1M | $132.2M | $127.2M | $115.3M | $130.1M | $148.3M | $163.8M | $164.2M | $195.2M | $244.5M |
| Book value per share | $9.81 | $10.24 | $10.04 | $9.37 | $10.66 | $11.90 | $13.36 | $13.33 | $14.86 | $18.74 |
| Shares outstanding | 12.8M | 13.2M | 13.2M | 13.0M | 13.4M | 13.5M | 13.4M | 13.3M | 13.1M | 13.0M |
| Current ratio | 3.62 | 5.20 | 3.83 | 4.75 | 3.94 | 6.28 | 5.41 | 5.20 | 8.22 | 16.98 |
| Quick ratio | 2.24 | 3.43 | 2.78 | 3.00 | 2.74 | 4.49 | 3.52 | 3.80 | 6.09 | 6.62 |
| Debt / equity | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.05 | 0.03 | 0.01 | 0.03 | 0.03 |
| Equity / assets | 82.0% | 88.5% | 86.7% | 90.1% | 86.9% | 86.2% | 88.5% | 88.7% | 94.9% | 96.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $2.8M | $13.4M | $10.6M | $26.3M | $25.6M | $19.8M | $22.1M | $37.1M | $42.5M | $51.2M | $34.0M | $33.7M |
| Cash & equivalents | $2.8M | $13.4M | $10.6M | $26.3M | $23.6M | $8.3M | $1.4M | $6.9M | $12.3M | $20.8M | $18.9M | $18.8M |
| Short-term investments | — | — | — | $0 | $2.0M | $11.5M | $20.7M | $30.2M | $30.2M | $30.4M | $15.1M | $14.9M |
| Receivables | $17.5M | $19.3M | $25.4M | $28.3M | $32.3M | $36.3M | $40.6M | $21.9M | $16.2M | $15.3M | $42.0M | $21.4M |
| Inventory | $39.6M | $37.0M | $35.4M | $30.9M | $29.2M | $27.3M | $27.9M | $26.2M | $24.6M | $23.9M | $21.8M | $18.4M |
| Other current assets | $8.9M | $6.1M | $6.4M | $3.0M | $3.0M | $3.6M | $4.5M | $4.2M | $2.8M | $1.6M | $2.2M | $2.3M |
| Total current assets | $68.8M | $75.7M | $77.7M | $88.5M | $90.1M | $87.0M | $95.1M | $89.4M | $86.0M | $92.1M | $100.0M | $75.8M |
| Property, plant & equipment (net) | $22.8M | $30.3M | $25.4M | $24.2M | $22.5M | $35.7M | $23.8M | $21.5M | $41.5M | $40.2M | $40.0M | $46.3M |
| Goodwill & intangible assets | $6.0M | $6.1M | $6.3M | $6.4M | $2.3M | $2.3M | $2.3M | $2.4M | $5.2M | $5.3M | $5.4M | $5.5M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $27.6M | $24.6M | $35.2M | $34.0M | $34.9M | $24.0M | $38.7M | $38.9M | $19.2M | $20.1M | $22.0M | $25.4M |
| Total assets | $125.1M | $136.7M | $144.6M | $153.0M | $149.8M | $149.0M | $159.9M | $152.2M | $152.0M | $157.7M | $167.4M | $153.0M |
| Liabilities | ||||||||||||
| Accounts payable | $6.3M | $5.1M | $15.4M | $10.4M | $3.8M | $5.4M | $7.3M | $8.0M | $4.2M | $5.0M | $6.2M | $6.7M |
| Short-term debt | $454,000 | $443,000 | $432,000 | $420,000 | $119,000 | $117,000 | $130,000 | $173,000 | $215,000 | $257,000 | $261,000 | $257,000 |
| Deferred revenue | $11.4M | $13.0M | — | $5.7M | — | — | — | $1.4M | $629,000 | — | — | $4.4M |
| Total current liabilities | $28.2M | $30.3M | $25.6M | $24.4M | $15.3M | $15.6M | $16.9M | $17.2M | $14.1M | $15.1M | $20.6M | $19.8M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $663,000 | $769,000 | $873,000 | $974,000 | $368,000 | $397,000 | $439,000 | $512,000 | $583,000 | $654,000 | $700,000 | $769,000 |
| Other long-term liabilities | $1.2M | $1.3M | $3.2M | $3.1M | $268,000 | $302,000 | $341,000 | $373,000 | $394,000 | $429,000 | $464,000 | $528,000 |
| Total liabilities | $29.4M | $31.6M | $28.7M | $27.5M | $15.5M | $15.9M | $17.2M | $17.6M | $14.5M | $15.5M | $21.1M | $20.3M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $145,000 | $145,000 | $144,000 | $144,000 | $144,000 | $144,000 | $143,000 | $142,000 | $142,000 | $142,000 | $142,000 | $140,000 |
| Retained earnings (deficit) | $15.0M | $24.7M | $35.8M | $45.6M | $54.6M | $53.9M | $63.7M | $55.3M | $68.1M | $70.2M | $74.5M | $61.9M |
| Accumulated other comprehensive income | −$4.5M | −$4.5M | −$4.5M | −$4.5M | −$4.5M | −$4.6M | −$4.7M | −$4.3M | −$17.4M | −$17.5M | −$17.3M | −$17.8M |
| Total shareholders' equity | $95.7M | $105.1M | $115.9M | $125.5M | $134.3M | $133.1M | $142.7M | $134.6M | $137.4M | $142.2M | $146.3M | $132.7M |
| Key figures | ||||||||||||
| Total debt | $663,000 | $769,000 | $873,000 | $974,000 | $368,000 | $397,000 | $439,000 | $512,000 | $583,000 | $654,000 | $700,000 | $769,000 |
| Net cash (debt) | $2.2M | $12.6M | $9.7M | $25.4M | $25.2M | $19.4M | $21.6M | $36.6M | $41.9M | $50.6M | $33.3M | $33.0M |
| Working capital | $40.6M | $45.4M | $52.2M | $64.1M | $74.9M | $71.4M | $78.2M | $72.2M | $71.9M | $77.0M | $79.4M | $56.0M |
| Tangible book value | $89.7M | $99.0M | $109.6M | $119.1M | $132.0M | $130.8M | $140.4M | $132.2M | $132.2M | $136.9M | $140.9M | $127.2M |
| Book value per share | $7.40 | $8.16 | $9.02 | $9.79 | $10.49 | $10.40 | $11.08 | $10.24 | $10.40 | $10.66 | $10.87 | $9.90 |
| Shares outstanding | 12.9M | 12.9M | 12.8M | 12.8M | 12.8M | 12.8M | 12.9M | 13.2M | 13.2M | 13.3M | 13.5M | 13.4M |
| Current ratio | 2.44 | 2.50 | 3.04 | 3.62 | 5.90 | 5.59 | 5.63 | 5.20 | 6.08 | 6.11 | 4.85 | 3.83 |
| Quick ratio | 0.72 | 1.08 | 1.41 | 2.24 | 3.79 | 3.60 | 3.71 | 3.43 | 4.15 | 4.41 | 3.68 | 2.78 |
| Debt / equity | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Equity / assets | 76.5% | 76.9% | 80.1% | 82.0% | 89.6% | 89.3% | 89.2% | 88.5% | 90.4% | 90.2% | 87.4% | 86.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed November 21, 2025); data from EODHD.
GEOS financial position
At the end of fiscal 2025 (September 30, 2025), Geospace Technologies had total assets of $153.0 million (up 0.6% from a year earlier), total liabilities of $27.5 million and shareholders' equity of $125.5 million. It held $26.3 million in cash and short-term investments against $1.0 million of debt, a net cash position of $25.4 million. Its current ratio was 3.62. In the latest quarter (ended June 30, 2026) total assets were $125.1 million and equity $95.7 million.
Related: GEOS income statement, GEOS cash flow statement, GEOS key metrics. See the GEOS stock overview for the latest quote and news.
GEOS balance sheet FAQ
What are Geospace Technologies's total assets?
Geospace Technologies reported total assets of $153.0 million at the end of fiscal 2025 (September 30, 2025), compared with $152.2 million a year earlier.
How much debt does Geospace Technologies have?
Geospace Technologies had $1.0 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.01.
How much cash does Geospace Technologies have?
Geospace Technologies held $26.3 million in cash and short-term investments at the end of fiscal 2025; with $1.0 million of debt that is net cash of $25.4 million.
What is Geospace Technologies's book value?
Geospace Technologies's shareholders' equity (book value) was $125.5 million at the end of fiscal 2025, or $9.81 per share.
What is Geospace Technologies's current ratio?
Geospace Technologies had current assets of $88.5 million and current liabilities of $24.4 million, a current ratio of 3.62 (it can cover its short-term obligations).
How much goodwill does Geospace Technologies have?
Geospace Technologies carried $6.4 million of goodwill and intangible assets, 4.2% of total assets, at the end of fiscal 2025.