Mind Technology (MIND) Inventory Average (2011 - 2026)
Mind Technology's (MIND) quarterly Inventory Average came in at $12.6 million in Q2 2026, down 17.03% year-over-year from $15.1 million in Q2 2025, and down 3.1% quarter-over-quarter from $13.0 million in Q1 2026.
Analysis
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.
- On a quarterly basis, Inventory Average fell 17.03% year-over-year to $12.6 million in Q2 2026; TTM through Apr 2026 was $12.6 million, a 17.03% decrease from a year earlier, with the FY2026 full-year figure at $14.0 million, down 7.15% from the prior year.
- Inventory Average was $12.6 million for Q2 2026 at Mind Technology, down from $13.0 million in the prior quarter.
- Over five years, Inventory Average peaked at $19.7 million in Q4 2024 and troughed at $12.6 million in Q2 2026.
- A 5-year average of $15.6 million and a median of $15.8 million in 2022 frame the typical range for Inventory Average.
- Across the five-year window, Inventory Average soared 41.65% in 2022 and sank 33.07% in 2025, its largest moves.
- Over 5 years, Inventory Average stood at $17.5 million in 2022, then retreated by 8.59% to $16.0 million in 2023, then increased by 23.01% to $19.7 million in 2024, then slumped by 33.07% to $13.2 million in 2025, then slipped by 4.91% to $12.6 million in 2026.
- The last three Inventory Average figures came in at $12.6 million (Q2 2026), $13.0 million (Q1 2026), and $13.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 84.36 Bn | 81.03 Bn | 2.68 Bn | 3.73 Bn |
| 2 | Illinois Tool Works | 75.15 Bn | 74.31 Bn | 1.90 Bn | 1.74 Bn |
| 3 | Ametek | 53.43 Bn | 52.93 Bn | 735.04 Mn | 1.17 Bn |
| 4 | Rockwell Automation | 46.65 Bn | 46.17 Bn | 1.14 Bn | 1.23 Bn |
| 5 | Mettler Toledo International | 25.74 Bn | 25.69 Bn | 650.22 Mn | 408.19 Mn |
| 6 | Dover | 25.26 Bn | 23.50 Bn | 880.61 Mn | 1.40 Bn |
| 7 | Nordson | 17.15 Bn | 17.04 Bn | 453.73 Mn | 468.53 Mn |
| 8 | Fortive | 16.53 Bn | 16.16 Bn | 695.30 Mn | 308.15 Mn |
| 9 | RBC Bearings | 14.91 Bn | 14.79 Bn | 247.80 Mn | 873.25 Mn |
| 10 | Mind Technology | 35.00 Mn | 17.30 Mn | 4.10 Mn | 12.55 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 12.55 Mn |
| Jan 31, 2026 | 12.95 Mn |
| Oct 31, 2025 | 13.20 Mn |
| Jul 31, 2025 | 14.11 Mn |
| Apr 30, 2025 | 15.13 Mn |
| Jan 31, 2025 | 17.05 Mn |
| Oct 31, 2024 | 19.72 Mn |
| Jul 31, 2024 | 19.16 Mn |
| Apr 30, 2024 | 16.30 Mn |
| Jan 31, 2024 | 14.71 Mn |
| Oct 31, 2023 | 16.03 Mn |
| Jul 31, 2023 | 16.81 Mn |
| Apr 30, 2023 | 14.16 Mn |
| Jan 31, 2023 | 15.50 Mn |
| Oct 31, 2022 | 17.54 Mn |
| Jul 31, 2022 | 16.23 Mn |
| Apr 30, 2022 | 16.01 Mn |
| Jan 31, 2022 | 14.36 Mn |
| Oct 31, 2021 | 12.38 Mn |
| Jul 31, 2021 | 12.05 Mn |