Mind Technology (MIND) Cost of Revenue (2010 - 2026)

Mind Technology (MIND) has reported Cost of Revenue for 17 consecutive years, with $5.6 million the latest figure, recorded in Q2 2026.

• In Q2 2026, Cost of Revenue rose 21.96% year-over-year to $5.6 million; the TTM figure through Apr 2026 stood at $23.3 million (down 6.88% YoY), while the FY2026 annual figure was $22.3 million, down 13.95% from the prior year.
• Cost of Revenue slipped to $5.6 million in Q2 2026 per MIND's latest filing, from $5.8 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $8.5 million in Q1 2025 and bottomed at $2.2 million in Q4 2022.
• Historically, Cost of Revenue has averaged $5.3 million across 5 years, with a median of $5.4 million in 2024.
• Annual changes were most pronounced in 2022 — Cost of Revenue slumped 57.97% — and 2024, when it surged 145.64%.
• Mind Technology's Cost of Revenue stood at $2.2 million in 2022, then climbed by 25.05% to $2.7 million in 2023, then soared by 145.64% to $6.7 million in 2024, then slipped by 22.58% to $5.2 million in 2025, then grew by 7.73% to $5.6 million in 2026.
• Business Quant data shows MIND's Cost of Revenue at $5.6 million in Q2 2026, $5.8 million in Q1 2026, and $5.2 million in Q4 2025.