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| Date | Value |
|---|---|
| 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 |