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
DateValue
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