Mind Technology (MIND) Net Margin (2010 - 2026)
Mind Technology (MIND) posted quarterly Net Margin of 4.25% for Q2 2026, up 803.0% YoY from 0.47% in Q2 2025, and down 53.6% sequentially from 2.77% in Q1 2026.
Mind Technology (MIND) Net Margin (2010 - 2026) Analysis & Trends
Mind Technology has disclosed Net Margin across 17 years of filings, most recently posting 4.25% for Q2 2026.
- In Q2 2026, Net Margin rose 803.0% year-over-year to 4.25%; the TTM figure through Apr 2026 stood at 3.06% (down 3381.0% YoY), while the FY2026 annual figure was 1.83%, down 3573.0% from the prior year.
- Net Margin retreated to 4.25% in Q2 2026, from 2.77% in the prior quarter.
- Over the last five years, Net Margin for MIND reached as high as 129.76% in Q4 2024 and fell as low as 200.99% in Q4 2022.
- The 5-year median for Net Margin is 3.71% (2023), against an average of 20.29%.
- Annual changes were most pronounced in 2022 — Net Margin slumped 16186 bps — and 2023, when it surged 19337 bps.
- A 5-year view of Net Margin shows it stood at 200.99% in 2022, then soared by 96 bps to 7.62% in 2023, then surged by 1803 bps to 129.76% in 2024, then tumbled by 100 bps to 0.64% in 2025, then sank by 764 bps to 4.25% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 4.25%, 2.77%, and 0.64% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | 10.60% |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 8.19% |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | 17.56% |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 14.54% |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | - |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 10.52% |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 19.26% |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 9.32% |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | 23.10% |
| 10 | Mind Technology | 42.95 Mn | 25.25 Mn | 4.10 Mn | -4.25% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -4.25% |
| Jan 31, 2026 | -2.77% |
| Oct 31, 2025 | 0.64% |
| Jul 31, 2025 | 14.22% |
| Apr 30, 2025 | -12.28% |
| Jan 31, 2025 | 13.54% |
| Oct 31, 2024 | 129.76% |
| Jul 31, 2024 | -1.48% |
| Apr 30, 2024 | 0.07% |
| Jan 31, 2024 | 3.69% |
| Oct 31, 2023 | -7.62% |
| Jul 31, 2023 | -32.28% |
| Apr 30, 2023 | -11.20% |
| Jan 31, 2023 | -3.17% |
| Oct 31, 2022 | -200.99% |
| Jul 31, 2022 | -32.90% |
| Apr 30, 2022 | -37.04% |
| Jan 31, 2022 | -181.17% |
| Oct 31, 2021 | -39.13% |
| Jul 31, 2021 | -49.10% |