Mind Technology (MIND) Inventory Average (2011 - 2026)
Mind Technology (MIND) reported Inventory Average of $12.2 million for Q1 2026, down 24.82% year-over-year from $16.3 million in Q1 2025, and up 3.94% quarter-over-quarter from $11.8 million in Q4 2025.
Mind Technology (MIND) Inventory Average (2011 - 2026) Analysis & Trends
Mind Technology (MIND) has 16 years of Inventory Average data on file, last reported at $12.2 million in Q1 2026.
- Inventory Average for Q1 2026 came in at $12.2 million, down 24.82% year-over-year; the trailing twelve-month figure through Jan 2026 was $12.2 million (down 24.82% YoY), and the FY2026 annual result was $14.0 million, down 2.18% from the prior year.
- Inventory Average rose to $12.2 million in Q1 2026 per MIND's latest filing, from $11.8 million in the prior quarter.
- Over five years, Inventory Average peaked at $18.2 million in Q4 2024 and troughed at $11.8 million in Q4 2025.
- A 5-year average of $14.8 million and a median of $15.0 million in 2023 frame the typical range for Inventory Average.
- The sharpest annual moves came in 2022 and 2025: Inventory Average soared 41.63% in 2022, then tumbled 35.21% in 2025.
- A 5-year view of Inventory Average shows it stood at $16.6 million in 2022, then dropped by 9.06% to $15.1 million in 2023, then advanced by 20.37% to $18.2 million in 2024, then plunged by 35.21% to $11.8 million in 2025, then increased by 3.94% to $12.2 million in 2026.
- Business Quant data shows MIND's Inventory Average at $12.2 million in Q1 2026, $11.8 million in Q4 2025, and $12.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | 1.99 Bn |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 1.05 Bn |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | 1.81 Bn |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 1.08 Bn |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 935.00 Mn |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | 298.65 Mn |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 187.15 Mn |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 136.72 Mn |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 232.12 Mn |
| 10 | Mind Technology | 48.89 Mn | 29.79 Mn | 3.99 Mn | 12.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 12.23 Mn |
| Oct 31, 2025 | 11.77 Mn |
| Jul 31, 2025 | 12.63 Mn |
| Apr 30, 2025 | 14.36 Mn |
| Jan 31, 2025 | 16.27 Mn |
| Oct 31, 2024 | 18.16 Mn |
| Jul 31, 2024 | 17.62 Mn |
| Apr 30, 2024 | 14.77 Mn |
| Jan 31, 2024 | 13.95 Mn |
| Oct 31, 2023 | 15.09 Mn |
| Jul 31, 2023 | 15.00 Mn |
| Apr 30, 2023 | 13.29 Mn |
| Jan 31, 2023 | 15.50 Mn |
| Oct 31, 2022 | 16.59 Mn |
| Jul 31, 2022 | 15.28 Mn |
| Apr 30, 2022 | 16.01 Mn |
| Jan 31, 2022 | 13.69 Mn |
| Oct 31, 2021 | 11.71 Mn |
| Jul 31, 2021 | 12.05 Mn |
| Apr 30, 2021 | 11.81 Mn |