Pulse Seismic Reports Strong Third Quarter Revenue Growth

News related to:Pulse Seismic Inc · 2 min read

CALGARY, Alberta, Sept. 30, 2026 /CourierPR/ -- Pulse Seismic Inc., a market leader in the acquisition, marketing, and licensing of 2D and 3D seismic data to the western Canadian energy sector, has announced preliminary third quarter 2026 revenue results. The company expects to issue and file its financial results for the three and nine months ended September 30, 2026, on SEDAR+ (www.sedarplus.ca) and will make them available on its website at www.pulseseismic.com after markets close on October 21, 2026.

Since July 1, 2026, Pulse Seismic has generated approximately $17.3 million in seismic data licensing revenue, bringing the expected total revenue for the nine months ended September 30, 2026, to approximately $22.8 million. Third quarter 2026 revenue increased more than 400% compared to the third quarter of 2025, while revenue for the first nine months of 2026 decreased by 49% compared to the near-record revenue for the first nine months of 2025. Consistent with previous disclosure, the timing of new seismic data licensing is impacted by a variety of factors affecting industry activity and is subject to significant fluctuations.

Pulse Seismic owns the largest licensable seismic data library in Canada, currently consisting of approximately 65,310 square kilometres of 3D seismic and 829,207 kilometres of 2D seismic. The library extensively covers the Western Canada Sedimentary Basin, where most of Canada’s oil and natural gas exploration and development occur. The company is supported by a dedicated and experienced team of professionals who are committed to delivering strong results for customers and shareholders alike.

These strong third quarter sales results demonstrate the continued value and strategic importance of Pulse Seismic’s extensive seismic data library to its clients, according to Pamela Wicks, Pulse’s President and CEO.

The selected financial information reported for the third quarter of 2026 is preliminary and has not been audited or reviewed by the company’s auditors. The company’s auditors have not performed any procedures with respect to this information. These figures are subject to change and adjustment as the company finalizes its financial results for Q3 2026.

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