Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
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 has reported Gross Margin over the past 17 years, most recently at 40.74% for Q1 2026.

  • Quarterly Gross Margin fell 280.0% to 40.74% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 45.58% through Jan 2026, up 84.0% year-over-year, with the annual reading at 45.58% for FY2026, 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.
  • Over five years, Gross Margin peaked at 50.36% in Q3 2025 and troughed at 2.26% in Q1 2022.
  • The 5-year median for Gross Margin is 43.54% (2025), against an average of 40.49%.
  • Year-over-year, Gross Margin plummeted -3733bps in 2022 and then surged 4570bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 28.37% in 2022, then soared by 60bps to 45.3% in 2023, then fell by -1bps to 44.78% in 2024, then grew by 4bps to 46.58% in 2025, then fell by -13bps to 40.74% in 2026.
  • Per Business Quant, the three most recent readings for MIND's Gross Margin are 40.74% (Q1 2026), 46.58% (Q4 2025), and 50.36% (Q3 2025).