Growth Metrics

Mind Technology (MIND) Cost of Revenue (2016 - 2026)

Mind Technology has reported Cost of Revenue over the past 17 years, most recently at $5.8 million for Q1 2026.

  • Quarterly Cost of Revenue fell 31.66% to $5.8 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $22.3 million through Jan 2026, down 13.95% year-over-year, with the annual reading at $22.3 million for FY2026, 13.95% down from the prior year.
  • Cost of Revenue was $5.8 million for Q1 2026 at Mind Technology, up from $5.2 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $8.5 million in Q1 2025 and troughed at $2.2 million in Q4 2022.
  • The 5-year median for Cost of Revenue is $5.3 million (2024), against an average of $5.3 million.
  • Year-over-year, Cost of Revenue crashed 57.97% in 2022 and then surged 145.64% in 2024.
  • A 5-year view of Cost of Revenue shows it stood at $2.2 million in 2022, then increased by 25.05% to $2.7 million in 2023, then surged by 145.64% to $6.7 million in 2024, then decreased by 22.58% to $5.2 million in 2025, then rose by 12.17% to $5.8 million in 2026.
  • Per Business Quant, the three most recent readings for MIND's Cost of Revenue are $5.8 million (Q1 2026), $5.2 million (Q4 2025), and $6.7 million (Q3 2025).