Mind Technology (MIND) Net Margin (2010 - 2026)
Mind Technology (MIND) recorded Net Margin of -30.84% in fiscal Q2 2027 (quarter ended Jul 31, 2026), down 45.07 percentage points from 14.22% a year earlier and down 26.59 percentage points from the prior quarter.
Mind Technology (MIND) Net Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Mind Technology's Net Margin came in at -6.77% as of Jul 31, 2026, down 45.24 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it was 1.83%, down 35.73 percentage points from FY2025.
- Annual Net Margin has a five-year change of +108.17 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Net Margin came in at 37.56% in FY2025 (+47.19 pp), -9.62% in FY2024 (+40.83 pp), -50.46% in FY2023 (+27.38 pp) and -77.84% in FY2022 (+28.50 pp).
- The fiscal Q2 2027 figure is the lowest quarterly Net Margin since fiscal Q2 2024.
- On a year-over-year basis, Net Margin rose in four of the last eight quarters, with an average year-over-year change of -3.98 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 193.37 percentage points in fiscal Q3 2024, against a drop of 161.86 percentage points in fiscal Q3 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at -4.25% (Q1 2027), -2.77% (Q4 2026) and 0.64% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 17.49% |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 20.20% |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 10.94% |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 9.62% |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 18.96% |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 15.20% |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 14.73% |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 14.35% |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 18.95% |
| 10 | Mind Technology | 39.26 Mn | -32.74 Mn | 2.09 Mn | -30.84% |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -30.84% |
| 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% |
Mind Technology Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=MIND&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "MIND", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=MIND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();