Mind Technology (MIND) Inventory (2011 - 2026)
Mind Technology (MIND) posted quarterly Inventory of $12.4 million for Q2 2026, down 17.48% year-over-year from $15.0 million in Q2 2025, and down 3.04% quarter-over-quarter from $12.7 million in Q1 2026.
Mind Technology (MIND) Inventory (2011 - 2026) Analysis & Trends
Mind Technology (MIND) has reported Inventory for 16 consecutive years, with $12.4 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Inventory fell 17.48% year-over-year to $12.4 million; the TTM figure through Apr 2026 stood at $12.4 million (down 17.48% YoY), while the FY2026 annual figure was $12.7 million, down 7.28% from the prior year.
- Inventory fell to $12.4 million in Q2 2026 per MIND's latest filing, from $12.7 million in the prior quarter.
- Across five years, Inventory topped out at $19.1 million in Q3 2024 and bottomed at $11.7 million in Q4 2025.
- Historically, Inventory has averaged $14.9 million across 5 years, with a median of $14.4 million in 2022.
- Annual changes were most pronounced in 2022 — Inventory soared 63.13% — and 2025, when it sank 32.09%.
- Mind Technology's Inventory stood at $18.8 million in 2022, then slipped by 29.29% to $13.3 million in 2023, then soared by 30.05% to $17.2 million in 2024, then slumped by 32.09% to $11.7 million in 2025, then gained by 5.5% to $12.4 million in 2026.
- Business Quant data shows MIND's Inventory at $12.4 million in Q2 2026, $12.7 million in Q1 2026, and $11.7 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.90 Bn | 54.24 Bn | 1.26 Bn | 1.97 Bn |
| 2 | Keysight Technologies | 53.99 Bn | 51.57 Bn | 1.18 Bn | 1.04 Bn |
| 3 | Coherent | 51.17 Bn | 49.18 Bn | 787.08 Mn | 2.58 Bn |
| 4 | Teledyne Technologies | 29.38 Bn | 29.04 Bn | 738.10 Mn | 1.17 Bn |
| 5 | Mks | 18.84 Bn | 18.23 Bn | 595.00 Mn | 1.03 Bn |
| 6 | Fortive | 18.30 Bn | 17.93 Bn | 695.30 Mn | 310.80 Mn |
| 7 | Trimble | 14.04 Bn | 13.83 Bn | 674.90 Mn | 185.30 Mn |
| 8 | Cognex | 10.12 Bn | 9.71 Bn | 205.77 Mn | 142.84 Mn |
| 9 | Esco Technologies | 7.42 Bn | 7.35 Bn | 141.52 Mn | 240.54 Mn |
| 10 | Mind Technology | 41.09 Mn | 23.39 Mn | 4.10 Mn | 12.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 12.36 Mn |
| Jan 31, 2026 | 12.75 Mn |
| Oct 31, 2025 | 11.71 Mn |
| Jul 31, 2025 | 13.24 Mn |
| Apr 30, 2025 | 14.97 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 | 14.90 Mn |
| Oct 31, 2023 | 13.26 Mn |
| Jul 31, 2023 | 17.54 Mn |
| Apr 30, 2023 | 14.34 Mn |
| Jan 31, 2023 | 12.24 Mn |
| Oct 31, 2022 | 18.76 Mn |
| Jul 31, 2022 | 14.42 Mn |
| Apr 30, 2022 | 16.14 Mn |
| Jan 31, 2022 | 14.01 Mn |
| Oct 31, 2021 | 11.50 Mn |
| Jul 31, 2021 | 11.93 Mn |