Mind Technology (MIND) Inventory (2011 - 2026)
Mind Technology's Inventory was $10.53 million in fiscal Q2 2027 (quarter ended Jul 31, 2026), down 10.9% from $11.82 million a year earlier and down 4.1% from the prior quarter.
Mind Technology (MIND) Inventory (2011 - 2026) Analysis & Trends
At the end of FY2026 (ended Jan 31, 2026), Inventory at Mind Technology came in at $11.15 million, down 18.9% from FY2025.
- Inventory shows a five-year compound annual growth rate of -0.5% (FY2021 to FY2026).
- In earlier fiscal years, Inventory was $13.75 million in FY2025 (+2.8%), $13.37 million in FY2024 (+21.3%), $11.03 million in FY2023 (-21.3%) and $14.01 million in FY2022 (+22.3%).
- The fiscal Q2 2027 figure marks the lowest quarterly Inventory since fiscal Q1 2015.
- Compared with a year earlier, Inventory has declined for six straight quarters, with an average decline of 12.8% over the last eight quarters.
- The best year-over-year quarter for Inventory over five years was fiscal Q3 2023 (growth of 46.4%); the worst was fiscal Q2 2026 (a decline of 38.0%).
- Per Business Quant data, MIND's Inventory in the three fiscal quarters before Q2 2027 was $10.98 million (Q1 2027), $11.15 million (Q4 2026) and $11.71 million (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 20.63 Bn |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 4.55 Bn |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 7.81 Bn |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 5.42 Bn |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 3.17 Bn |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 2.52 Bn |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 2.51 Bn |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 3.77 Bn |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 1.76 Bn |
| 10 | Mind Technology | 39.26 Mn | -32.74 Mn | 2.09 Mn | 10.53 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 10.53 Mn |
| Apr 30, 2026 | 10.98 Mn |
| Jan 31, 2026 | 11.15 Mn |
| Oct 31, 2025 | 11.71 Mn |
| Jul 31, 2025 | 11.82 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 | 16.16 Mn |
| Jan 31, 2024 | 13.37 Mn |
| Oct 31, 2023 | 13.26 Mn |
| Jul 31, 2023 | 15.65 Mn |
| Apr 30, 2023 | 14.34 Mn |
| Jan 31, 2023 | 11.03 Mn |
| Oct 31, 2022 | 16.84 Mn |
| Jul 31, 2022 | 14.42 Mn |
| Apr 30, 2022 | 14.24 Mn |
| Jan 31, 2022 | 14.01 Mn |
| Oct 31, 2021 | 11.50 Mn |
Mind Technology Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=inventory&ticker=MIND&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "ticker": "MIND", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=inventory&ticker=MIND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();