Growth Metrics

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

Mind Technology (MIND) has disclosed Gross Profit for 17 consecutive years, with $4.0 million as the latest value for Q1 2026.

  • For Q1 2026, Gross Profit fell 39.07% year-over-year to $4.0 million; the TTM value through Jan 2026 reached $18.7 million, down 10.98%, while the annual FY2026 figure was $18.7 million, 10.98% down from the prior year.
  • Gross Profit was $4.0 million for Q1 2026 at Mind Technology, down from $4.5 million in the prior quarter.
  • The five-year high for Gross Profit was $6.8 million in Q3 2025, with the low at $85000.0 in Q1 2022.
  • Historically, Gross Profit has averaged $4.0 million across 5 years, with a median of $4.2 million in 2024.
  • The largest annual shift saw Gross Profit plummeted 96.65% in 2022 before it soared 4904.71% in 2023.
  • Over 5 years, Gross Profit stood at $862000.0 in 2022, then skyrocketed by 161.37% to $2.3 million in 2023, then surged by 140.61% to $5.4 million in 2024, then dropped by 16.75% to $4.5 million in 2025, then decreased by 11.57% to $4.0 million in 2026.
  • Per Business Quant database, its latest 3 readings for Gross Profit were $4.0 million in Q1 2026, $4.5 million in Q4 2025, and $6.8 million in Q3 2025.