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

Mind Technology (MIND) has reported Gross Margin for 17 consecutive years, with 42.36% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Gross Margin rose 21.0% year-over-year to 42.36% in Q2 2026; TTM through Apr 2026 was 45.49%, a 95.0% increase from a year earlier, with the FY2026 full-year figure at 45.58%, up 84.0% from the prior year.
• Gross Margin was 42.36% for Q2 2026 at Mind Technology, up from 40.74% in the prior quarter.
• Over five years, Gross Margin peaked at 50.36% in Q3 2025 and troughed at 2.26% in Q1 2022.
• A 5-year average of 40.6% and a median of 43.17% in 2023 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin plunged 3733 bps in 2022 and jumped 4570 bps in 2023, its largest moves.
• Over 5 years, Gross Margin stood at 28.37% in 2022, then surged by 60 bps to 45.3% in 2023, then decreased by 1 bps to 44.78% in 2024, then climbed by 4 bps to 46.58% in 2025, then dropped by 9 bps to 42.36% in 2026.
• The last three Gross Margin figures came in at 42.36% (Q2 2026), 40.74% (Q1 2026), and 46.58% (Q4 2025), per Business Quant data.