Growth Metrics

Mind Technology (MIND) EBIT Margin (2016 - 2026)

Mind Technology has reported EBIT Margin over the past 17 years, most recently at 0.8% for Q1 2026.

  • Quarterly EBIT Margin fell 1770.0% to 0.8% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 6.98% through Jan 2026, down 757.0% year-over-year, with the annual reading at 6.98% for FY2026, 757.0% down from the prior year.
  • EBIT Margin was 0.8% for Q1 2026 at Mind Technology, down from 7.99% in the prior quarter.
  • Over five years, EBIT Margin peaked at 57.63% in Q1 2023 and troughed at 135.65% in Q1 2022.
  • The 5-year median for EBIT Margin is 3.95% (2023), against an average of 9.46%.
  • Year-over-year, EBIT Margin plummeted -26082bps in 2022 and then surged 19328bps in 2023.
  • A 5-year view of EBIT Margin shows it stood at 95.59% in 2022, then surged by 69bps to 29.21% in 2023, then skyrocketed by 153bps to 15.5% in 2024, then plummeted by -48bps to 7.99% in 2025, then plummeted by -90bps to 0.8% in 2026.
  • Per Business Quant, the three most recent readings for MIND's EBIT Margin are 0.8% (Q1 2026), 7.99% (Q4 2025), and 19.64% (Q3 2025).