Mind Technology (MIND) Cost of Revenue (2010 - 2026)
Mind Technology (MIND) reported Cost of Revenue of $5.8 million for Q1 2026, down 31.66% year-over-year from $8.5 million in Q1 2025, and up 12.17% quarter-over-quarter from $5.2 million in Q4 2025.
Mind Technology (MIND) Cost of Revenue (2010 - 2026) Analysis & Trends
Mind Technology (MIND) has 17 years of Cost of Revenue data on file, last reported at $5.8 million in Q1 2026.
- Cost of Revenue for Q1 2026 came in at $5.8 million, down 31.66% year-over-year; the trailing twelve-month figure through Jan 2026 was $22.3 million (down 13.95% YoY), and the FY2026 annual result was $22.3 million, down 13.95% from the prior year.
- Cost of Revenue grew to $5.8 million in Q1 2026 per MIND's latest filing, 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.
- A 5-year average of $5.3 million and a median of $5.3 million in 2024 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2022 and 2024: Cost of Revenue slumped 57.97% in 2022, then surged 145.64% in 2024.
- A 5-year view of Cost of Revenue shows it stood at $2.2 million in 2022, then advanced 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 climbed by 12.17% to $5.8 million in 2026.
- Business Quant data shows MIND's Cost of Revenue at $5.8 million in Q1 2026, $5.2 million in Q4 2025, and $6.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.26 Bn | 65.96 Bn | 679.95 Mn | 1.13 Bn |
| 2 | Keysight Technologies | 55.85 Bn | 53.67 Bn | 995.00 Mn | 605.00 Mn |
| 3 | Garmin | 44.69 Bn | 41.99 Bn | 1.04 Bn | 711.20 Mn |
| 4 | Teledyne Technologies | 27.94 Bn | 27.64 Bn | 673.80 Mn | 886.30 Mn |
| 5 | Mks | 21.31 Bn | 20.74 Bn | 507.00 Mn | 571.00 Mn |
| 6 | Fortive | 18.59 Bn | 18.25 Bn | 675.50 Mn | 393.90 Mn |
| 7 | Trimble | 11.88 Bn | 11.64 Bn | 646.30 Mn | 293.60 Mn |
| 8 | Cognex | 9.78 Bn | 9.48 Bn | 190.94 Mn | 77.50 Mn |
| 9 | Esco Technologies | 7.93 Bn | 7.83 Bn | 131.32 Mn | 178.03 Mn |
| 10 | Mind Technology | 45.58 Mn | 26.48 Mn | 3.99 Mn | 5.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 5.81 Mn |
| Jan 31, 2026 | 5.81 Mn |
| Oct 31, 2025 | 5.18 Mn |
| Oct 31, 2025 | 5.18 Mn |
| Jul 31, 2025 | 6.73 Mn |
| Jul 31, 2025 | 6.73 Mn |
| Apr 30, 2025 | 4.57 Mn |
| Apr 30, 2025 | 4.57 Mn |
| Jan 31, 2025 | 8.49 Mn |
| Jan 31, 2025 | 8.49 Mn |
| Oct 31, 2024 | 6.68 Mn |
| Oct 31, 2024 | 6.68 Mn |
| Jul 31, 2024 | 5.26 Mn |
| Jul 31, 2024 | 5.26 Mn |
| Apr 30, 2024 | 5.46 Mn |
| Apr 30, 2024 | 5.46 Mn |
| Jan 31, 2024 | 7.14 Mn |
| Jan 31, 2024 | 7.14 Mn |
| Oct 31, 2023 | 2.72 Mn |
| Oct 31, 2023 | 2.72 Mn |