Mind Technology (MIND) Inventory Average (2011 - 2026)
Mind Technology (MIND) posted quarterly Inventory Average of $11.9 million for Q2 2026, down 12.76% YoY from $13.6 million in Q2 2025, and down 8.42% sequentially from $13.0 million in Q1 2026.
Mind Technology (MIND) Inventory Average (2011 - 2026) Analysis & Trends
Mind Technology has disclosed Inventory Average across 16 years of filings, most recently posting $11.9 million for Q2 2026.
- In Q2 2026, Inventory Average fell 12.76% year-over-year to $11.9 million; the TTM figure through Apr 2026 stood at $11.9 million (down 12.76% YoY), while the FY2026 annual figure was $13.2 million, down 2.31% from the prior year.
- Inventory Average fell to $11.9 million in Q2 2026, from $13.0 million in the prior quarter.
- Over the last five years, Inventory Average for MIND reached as high as $18.4 million in Q3 2024 and fell as low as $11.9 million in Q2 2026.
- The 5-year median for Inventory Average is $14.6 million (2022), against an average of $14.7 million.
- Annual changes were most pronounced in 2022 — Inventory Average surged 33.99% — and 2025, when it decreased 27.41%.
- 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 fell by 27.31% to $13.2 million in 2025, then declined by 10.14% to $11.9 million in 2026.
- According to Business Quant data, Inventory Average over the past three periods registered $11.9 million, $13.0 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 Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | 1.99 Bn |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 94.55 Mn |
| 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 | 1.08 Bn |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | 298.65 Mn |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 187.15 Mn |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 136.72 Mn |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 611.80 Mn |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | 1.81 Bn |
| 10 | Mind Technology | 42.95 Mn | 25.25 Mn | 4.10 Mn | 11.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 11.86 Mn |
| Jan 31, 2026 | 12.95 Mn |
| Oct 31, 2025 | 13.20 Mn |
| Jul 31, 2025 | 13.34 Mn |
| Apr 30, 2025 | 13.60 Mn |
| Jan 31, 2025 | 15.50 Mn |
| Oct 31, 2024 | 18.16 Mn |
| Jul 31, 2024 | 18.38 Mn |
| Apr 30, 2024 | 15.53 Mn |
| Jan 31, 2024 | 13.95 Mn |
| Oct 31, 2023 | 15.09 Mn |
| Jul 31, 2023 | 15.00 Mn |
| Apr 30, 2023 | 12.68 Mn |
| Jan 31, 2023 | 14.89 Mn |
| Oct 31, 2022 | 16.59 Mn |
| Jul 31, 2022 | 14.33 Mn |
| Apr 30, 2022 | 15.06 Mn |
| Jan 31, 2022 | 14.36 Mn |
| Oct 31, 2021 | 12.38 Mn |
| Jul 31, 2021 | 12.05 Mn |