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Geospace Technologies vs Owlet: revenue, profit, margins and growth compared

Geospace Technologies brought in $110.8M of revenue in fiscal 2025, Owlet $105.7M in fiscal 2025. Revenue changed by -18.3% at Geospace Technologies and +35.4% at Owlet on the year before, so Owlet grew faster. Geospace Technologies kept -8.8% of its revenue as net profit, Owlet -37.5%. Free cash flow was -$30.2M at Geospace Technologies and -$11.1M at Owlet.

Side by side, latest fiscal year

GEOSOWLT
Fiscal year endedFY2025 (September 30, 2025)FY2025 (December 31, 2025)
Revenue$110.8M$105.7M
Revenue growth-18.3%+35.4%
Net income-$9.7M-$39.7M
Net margin-8.8%-37.5%
Free cash flow-$30.2M-$11.1M
Free cash flow margin-27.3%-10.5%
Earnings per share (diluted)-$0.76-$2.31
Cash$26.3M$35.5M
Debt$0$13M
Price to earningsn/an/a
Market value$64.5M$147.3M
Dividend yieldn/an/a
Rank by revenue in sector#375 of 451 · Industrials#378 of 451 · Industrials

Over the years

Revenue
GEOS FY2018: $75.7MGEOS FY2019: $95.8MGEOS FY2020: $87.8MGEOS FY2021: $94.9MGEOS FY2022: $89.3MGEOS FY2023: $124.5MGEOS FY2024: $135.6MGEOS FY2025: $110.8MOWLT FY2020: $75.4MOWLT FY2021: $75.8MOWLT FY2021: $69.2MOWLT FY2023: $54MOWLT FY2023: $78.1MOWLT FY2025: $105.7MFY18FY19FY20FY21FY22FY23FY24FY25
GEOS $110.8MOWLT $105.7M
Net income
GEOS FY2018: -$19.2MGEOS FY2019: -$146KGEOS FY2020: -$19.2MGEOS FY2021: -$14.1MGEOS FY2022: -$22.9MGEOS FY2023: $12.2MGEOS FY2024: -$6.6MGEOS FY2025: -$9.7MOWLT FY2020: -$10.5MOWLT FY2021: -$71.7MOWLT FY2021: -$79.3MOWLT FY2023: -$32.9MOWLT FY2023: -$12.5MOWLT FY2025: -$39.7MFY18FY19FY20FY21FY22FY23FY24FY25
GEOS -$9.7MOWLT -$39.7M
Net margin
GEOS FY2018: -25.4%GEOS FY2019: -0.2%GEOS FY2020: -21.9%GEOS FY2021: -14.8%GEOS FY2022: -25.6%GEOS FY2023: 9.8%GEOS FY2024: -4.9%GEOS FY2025: -8.8%OWLT FY2020: -14.0%OWLT FY2021: -94.5%OWLT FY2021: -114.6%OWLT FY2023: -60.9%OWLT FY2023: -16.1%OWLT FY2025: -37.5%FY18FY19FY20FY21FY22FY23FY24FY25
GEOS -8.8%OWLT -37.5%
Revenue growth
GEOS FY2019: +26.5%GEOS FY2020: -8.3%GEOS FY2021: +8.0%GEOS FY2022: -5.9%GEOS FY2023: +39.5%GEOS FY2024: +8.9%GEOS FY2025: -18.3%OWLT FY2021: +0.6%OWLT FY2021: -8.8%OWLT FY2023: -22.0%OWLT FY2023: +44.5%OWLT FY2025: +35.4%FY19FY20FY21FY22FY23FY24FY25
GEOS -18.3%OWLT +35.4%
Free cash flow
GEOS FY2018: -$12.1MGEOS FY2019: $3.7MGEOS FY2020: $15.2MGEOS FY2021: -$10.4MGEOS FY2022: -$11.2MGEOS FY2023: $11.6MGEOS FY2024: -$12.9MGEOS FY2025: -$30.2MOWLT FY2020: -$1.1MOWLT FY2021: -$41.5MOWLT FY2021: -$82MOWLT FY2023: -$23.5MOWLT FY2023: -$11.2MOWLT FY2025: -$11.1MFY18FY19FY20FY21FY22FY23FY24FY25
GEOS -$30.2MOWLT -$11.1M

Fiscal years as each company reports them; the two may end in different months.

Questions about Geospace Technologies and Owlet

Which is bigger by revenue, Geospace Technologies or Owlet?

Geospace Technologies is bigger by revenue: $110.8M in fiscal 2025, against $105.7M for Owlet in fiscal 2025.

Which keeps more of its revenue as profit, Geospace Technologies or Owlet?

Geospace Technologies had a net margin of -8.8% in fiscal 2025; Owlet had -37.5% in fiscal 2025.

Which grew revenue faster, Geospace Technologies or Owlet?

In their latest fiscal years revenue changed by -18.3% at Geospace Technologies and +35.4% at Owlet.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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