Mind Technology (MIND) Inventory (2011 - 2026)

Mind Technology (MIND) posted quarterly Inventory of $11.0 million for Q2 2026, down 18.37% YoY from $13.4 million in Q2 2025, and down 13.87% sequentially from $12.7 million in Q1 2026.

Mind Technology (MIND) Inventory (2011 - 2026) Analysis & Trends

Mind Technology has disclosed Inventory across 16 years of filings, most recently posting $11.0 million for Q2 2026.

  • In Q2 2026, Inventory fell 18.37% year-over-year to $11.0 million; the TTM figure through Apr 2026 stood at $11.0 million (down 18.37% YoY), while the FY2026 annual figure was $12.7 million, down 7.28% from the prior year.
  • Inventory fell to $11.0 million in Q2 2026, from $12.7 million in the prior quarter.
  • Over the last five years, Inventory for MIND reached as high as $19.1 million in Q3 2024 and fell as low as $11.0 million in Q2 2026.
  • The 5-year median for Inventory is $14.3 million (2022), against an average of $14.6 million.
  • Annual changes were most pronounced in 2022 — Inventory surged 46.14% — and 2023, when it slumped 30.58%.
  • A 5-year view of Inventory shows it stood at $18.8 million in 2022, then decreased by 22.58% to $14.5 million in 2023, then rose by 18.79% to $17.2 million in 2024, then fell by 23.71% to $13.2 million in 2025, then declined by 16.58% to $11.0 million in 2026.
  • According to Business Quant data, Inventory over the past three periods registered $11.0 million, $12.7 million, and $13.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn 2.13 Bn
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn 825,000.00
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn 1.05 Bn
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn 1.12 Bn
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn 305.50 Mn
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn 188.00 Mn
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn 135.55 Mn
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn 605.80 Mn
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn 1.85 Bn
10 Mind Technology 42.95 Mn 25.25 Mn 4.10 Mn 10.98 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 10.98 Mn
Jan 31, 2026 12.75 Mn
Oct 31, 2025 13.16 Mn
Jul 31, 2025 13.24 Mn
Apr 30, 2025 13.45 Mn
Jan 31, 2025 13.75 Mn
Oct 31, 2024 17.25 Mn
Jul 31, 2024 19.07 Mn
Apr 30, 2024 17.70 Mn
Jan 31, 2024 13.37 Mn
Oct 31, 2023 14.52 Mn
Jul 31, 2023 15.65 Mn
Apr 30, 2023 14.34 Mn
Jan 31, 2023 11.03 Mn
Oct 31, 2022 18.76 Mn
Jul 31, 2022 14.42 Mn
Apr 30, 2022 14.24 Mn
Jan 31, 2022 15.88 Mn
Oct 31, 2021 12.84 Mn
Jul 31, 2021 11.93 Mn