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
DateValue
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%