Mind Technology (MIND) Net Margin (2010 - 2026)
Mind Technology (MIND) posted quarterly Net Margin of 4.25% for Q2 2026, up 803.0% year-over-year from 0.47% in Q2 2025, and down 53.6% quarter-over-quarter from 2.77% in Q1 2026.
Mind Technology (MIND) Net Margin (2010 - 2026) Analysis & Trends
Mind Technology (MIND) has reported Net Margin for 17 consecutive years, with 4.25% the latest figure, recorded in 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 slipped to 4.25% in Q2 2026 per MIND's latest filing, from 2.77% in the prior quarter.
- Across five years, Net Margin topped out at 129.76% in Q4 2024 and bottomed at 200.99% in Q4 2022.
- Historically, Net Margin has averaged 20.29% across 5 years, with a median of 3.71% in 2023.
- Annual changes were most pronounced in 2022 — Net Margin plunged 16186 bps — and 2023, when it surged 19337 bps.
- Mind Technology's Net Margin stood at 200.99% in 2022, then jumped by 96 bps to 7.62% in 2023, then soared by 1803 bps to 129.76% in 2024, then slumped by 100 bps to 0.64% in 2025, then plunged by 764 bps to 4.25% in 2026.
- Business Quant data shows MIND's Net Margin at 4.25% in Q2 2026, 2.77% in Q1 2026, and 0.64% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.90 Bn | 54.24 Bn | 1.26 Bn | 26.80% |
| 2 | Keysight Technologies | 53.99 Bn | 51.57 Bn | 1.18 Bn | 20.33% |
| 3 | Coherent | 51.17 Bn | 49.18 Bn | 787.08 Mn | 11.76% |
| 4 | Teledyne Technologies | 29.38 Bn | 29.04 Bn | 738.10 Mn | 15.14% |
| 5 | Mks | 18.84 Bn | 18.23 Bn | 595.00 Mn | 14.02% |
| 6 | Fortive | 18.30 Bn | 17.93 Bn | 695.30 Mn | 14.34% |
| 7 | Trimble | 14.04 Bn | 13.83 Bn | 674.90 Mn | -48.53% |
| 8 | Cognex | 10.12 Bn | 9.71 Bn | 205.77 Mn | 24.98% |
| 9 | Esco Technologies | 7.42 Bn | 7.35 Bn | 141.52 Mn | 9.66% |
| 10 | Mind Technology | 41.09 Mn | 23.39 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% |