Mind Technology (MIND) Gross Margin (2010 - 2026)

Mind Technology has disclosed Gross Margin across 17 years of filings, most recently posting 42.36% for Q2 2026.

• In Q2 2026, Gross Margin rose 21.0% year-over-year to 42.36%; the TTM figure through Apr 2026 stood at 45.49% (up 95.0% YoY), while the FY2026 annual figure was 45.58%, up 84.0% from the prior year.
• Gross Margin grew to 42.36% in Q2 2026, from 40.74% in the prior quarter.
• Over the last five years, Gross Margin for MIND reached as high as 50.36% in Q3 2025 and fell as low as 2.26% in Q1 2022.
• The 5-year median for Gross Margin is 43.17% (2023), against an average of 40.6%.
• Annual changes were most pronounced in 2022 — Gross Margin sank 3733 bps — and 2023, when it surged 4570 bps.
• A 5-year view of Gross Margin shows it stood at 28.37% in 2022, then soared by 60 bps to 45.3% in 2023, then slipped by 1 bps to 44.78% in 2024, then grew by 4 bps to 46.58% in 2025, then declined by 9 bps to 42.36% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 42.36%, 40.74%, and 46.58% for Q2 2026, Q1 2026, and Q4 2025 respectively.