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

Mind Technology has disclosed Cost of Revenue across 17 years of filings, most recently posting $5.6 million for 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 retreated to $5.6 million in Q2 2026, from $5.8 million in the prior quarter.
• Over the last five years, Cost of Revenue for MIND reached as high as $8.5 million in Q1 2025 and fell as low as $2.2 million in Q4 2022.
• The 5-year median for Cost of Revenue is $5.4 million (2024), against an average of $5.3 million.
• Annual changes were most pronounced in 2022 — Cost of Revenue plunged 57.97% — and 2024, when it surged 145.64%.
• 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 7.73% to $5.6 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $5.6 million, $5.8 million, and $5.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.