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Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

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

Mind Technology (MIND) has disclosed Gross Margin for 17 consecutive years, with 40.74% as the latest value for Q1 2026.

  • For Q1 2026, Gross Margin fell 280.0% year-over-year to 40.74%; the TTM value through Jan 2026 reached 45.58%, up 84.0%, while the annual FY2026 figure was 45.58%, 84.0% up from the prior year.
  • Gross Margin was 40.74% for Q1 2026 at Mind Technology, down from 46.58% in the prior quarter.
  • The five-year high for Gross Margin was 50.36% in Q3 2025, with the low at 2.26% in Q1 2022.
  • Historically, Gross Margin has averaged 40.49% across 5 years, with a median of 43.54% in 2025.
  • The largest annual shift saw Gross Margin crashed -3733bps in 2022 before it skyrocketed 4570bps in 2023.
  • Over 5 years, Gross Margin stood at 28.37% in 2022, then surged by 60bps to 45.3% in 2023, then decreased by -1bps to 44.78% in 2024, then rose by 4bps to 46.58% in 2025, then decreased by -13bps to 40.74% in 2026.
  • Per Business Quant database, its latest 3 readings for Gross Margin were 40.74% in Q1 2026, 46.58% in Q4 2025, and 50.36% in Q3 2025.