Balance Sheet
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Mind Technology (MIND) Inventory (2016 - 2026)

Mind Technology has reported Inventory over the past 16 years, most recently at $12.7 million for Q1 2026.

  • Quarterly Inventory fell 16.6% to $12.7 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $12.7 million through Jan 2026, down 16.6% year-over-year, with the annual reading at $12.7 million for FY2026, 16.6% down from the prior year.
  • Inventory was $12.7 million for Q1 2026 at Mind Technology, up from $11.7 million in the prior quarter.
  • Over five years, Inventory peaked at $19.1 million in Q3 2024 and troughed at $11.7 million in Q4 2025.
  • The 5-year median for Inventory is $14.5 million (2023), against an average of $14.9 million.
  • Year-over-year, Inventory soared 63.13% in 2022 and then tumbled 38.03% in 2025.
  • 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 tumbled by 32.09% to $11.7 million in 2025, then increased by 8.81% to $12.7 million in 2026.
  • Per Business Quant, the three most recent readings for MIND's Inventory are $12.7 million (Q1 2026), $11.7 million (Q4 2025), and $11.8 million (Q3 2025).