Mind Technology (MIND) Cost of Revenue (2010 - 2026)
Mind Technology's Cost of Revenue came in at $3.53 million for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 47.5% from $6.73 million a year earlier and down 36.6% from the prior quarter.
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Analysis
Mind Technology (MIND) Cost of Revenue (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Mind Technology reported Cost of Revenue of $20.09 million, down 24.1% year-over-year; for FY2026 (ended Jan 31, 2026), it was $22.28 million, down 14.0% from FY2025.
- Cost of Revenue carries a five-year compound annual growth rate of 9.9% (FY2021 to FY2026).
- Going back by fiscal year, Cost of Revenue was $25.9 million in FY2025 (+26.1%), $20.54 million in FY2024 (-7.1%), $22.12 million in FY2023 (+29.4%) and $17.09 million in FY2022 (+22.9%).
- The fiscal Q2 2027 figure represents the lowest quarterly Cost of Revenue since fiscal Q3 2024.
- Year-over-year, Cost of Revenue increased in four of the last eight quarters, with growth averaging 12.1%.
- The fastest year-over-year change in Cost of Revenue over five years came in fiscal Q4 2023 (growth of 217.6%), and the weakest in fiscal Q3 2023 (a decline of 58.0%).
- Business Quant data shows MIND's Cost of Revenue at $5.58 million (Q1 2027), $5.81 million (Q4 2026) and $5.18 million (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 388.70 Bn | 360.40 Bn | 7.76 Bn | 12.78 Bn |
| 2 | Amphenol | 214.42 Bn | 209.12 Bn | 3.55 Bn | 5.21 Bn |
| 3 | Deere | 185.30 Bn | 194.07 Bn | 4.66 Bn | 7.95 Bn |
| 4 | Eaton | 169.35 Bn | 166.59 Bn | 2.86 Bn | 5.68 Bn |
| 5 | Parker-Hannifin | 122.64 Bn | 120.77 Bn | 2.25 Bn | 3.51 Bn |
| 6 | Vertiv Holdings | 97.12 Bn | 87.74 Bn | 1.23 Bn | 2.04 Bn |
| 7 | Emerson Electric | 90.13 Bn | 82.89 Bn | 2.66 Bn | 2.22 Bn |
| 8 | 3M | 83.49 Bn | 64.94 Bn | 2.68 Bn | 3.82 Bn |
| 9 | Illinois Tool Works | 74.89 Bn | 71.45 Bn | 1.90 Bn | 2.40 Bn |
| 10 | Mind Technology | 40.99 Mn | -31.01 Mn | 2.09 Mn | 3.53 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 3.53 Mn |
| Apr 30, 2026 | 5.58 Mn |
| Jan 31, 2026 | 5.81 Mn |
| Oct 31, 2025 | 5.18 Mn |
| Jul 31, 2025 | 6.73 Mn |
| Apr 30, 2025 | 4.57 Mn |
| Jan 31, 2025 | 8.49 Mn |
| Oct 31, 2024 | 6.68 Mn |
| Jul 31, 2024 | 5.26 Mn |
| Apr 30, 2024 | 5.46 Mn |
| Jan 31, 2024 | 7.14 Mn |
| Oct 31, 2023 | 2.72 Mn |
| Jul 31, 2023 | 4.62 Mn |
| Apr 30, 2023 | 7.17 Mn |
| Jan 31, 2023 | 11.67 Mn |
| Oct 31, 2022 | 2.18 Mn |
| Jul 31, 2022 | 5.18 Mn |
| Apr 30, 2022 | 5.80 Mn |
| Jan 31, 2022 | 3.67 Mn |
| Oct 31, 2021 | 5.18 Mn |
API Access
Mind Technology Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MIND&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "MIND", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MIND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();