Mind Technology (MIND) Inventory Average (2011 - 2026)
Mind Technology (MIND) posted quarterly Inventory Average of $12.6 million for Q2 2026, down 12.59% year-over-year from $14.4 million in Q2 2025, and up 2.63% quarter-over-quarter from $12.2 million in Q1 2026.
Mind Technology (MIND) Inventory Average (2011 - 2026) Analysis & Trends
Mind Technology (MIND) has reported Inventory Average for 16 consecutive years, with $12.6 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Inventory Average fell 12.59% year-over-year to $12.6 million; the TTM figure through Apr 2026 stood at $12.6 million (down 12.59% YoY), while the FY2026 annual figure was $13.2 million, down 7.53% from the prior year.
- Inventory Average advanced to $12.6 million in Q2 2026 per MIND's latest filing, from $12.2 million in the prior quarter.
- Across five years, Inventory Average topped out at $18.4 million in Q3 2024 and bottomed at $12.2 million in Q1 2026.
- Historically, Inventory Average has averaged $14.9 million across 5 years, with a median of $15.2 million in 2022.
- Annual changes were most pronounced in 2022 — Inventory Average soared 41.63% — and 2025, when it plunged 31.29%.
- Mind Technology's Inventory Average stood at $16.6 million in 2022, then decreased by 7.16% to $15.4 million in 2023, then increased by 17.9% to $18.2 million in 2024, then tumbled by 31.29% to $12.5 million in 2025, then gained by 0.6% to $12.6 million in 2026.
- Business Quant data shows MIND's Inventory Average at $12.6 million in Q2 2026, $12.2 million in Q1 2026, and $12.5 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.50 Bn | 53.83 Bn | 1.26 Bn | 1.91 Bn |
| 2 | Keysight Technologies | 54.05 Bn | 51.64 Bn | 1.18 Bn | 1.04 Bn |
| 3 | Coherent | 51.08 Bn | 49.09 Bn | 787.08 Mn | 2.35 Bn |
| 4 | Teledyne Technologies | 29.39 Bn | 29.05 Bn | 738.10 Mn | 1.14 Bn |
| 5 | Mks | 19.03 Bn | 18.41 Bn | 595.00 Mn | 991.00 Mn |
| 6 | Fortive | 18.08 Bn | 17.71 Bn | 695.30 Mn | 308.15 Mn |
| 7 | Trimble | 13.91 Bn | 13.70 Bn | 674.90 Mn | 186.65 Mn |
| 8 | Cognex | 9.98 Bn | 9.58 Bn | 205.77 Mn | 139.19 Mn |
| 9 | Esco Technologies | 7.37 Bn | 7.30 Bn | 141.52 Mn | 238.82 Mn |
| 10 | Mind Technology | 42.04 Mn | 24.34 Mn | 4.10 Mn | 12.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 12.55 Mn |
| Jan 31, 2026 | 12.23 Mn |
| Oct 31, 2025 | 12.48 Mn |
| Jul 31, 2025 | 14.11 Mn |
| Apr 30, 2025 | 14.36 Mn |
| Jan 31, 2025 | 15.50 Mn |
| Oct 31, 2024 | 18.16 Mn |
| Jul 31, 2024 | 18.38 Mn |
| Apr 30, 2024 | 16.30 Mn |
| Jan 31, 2024 | 14.08 Mn |
| Oct 31, 2023 | 15.40 Mn |
| Jul 31, 2023 | 15.94 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 | 15.07 Mn |
| Jan 31, 2022 | 12.75 Mn |
| Oct 31, 2021 | 11.71 Mn |
| Jul 31, 2021 | 12.05 Mn |