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
DateValue
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