Mind Technology (MIND) Net Margin (2010 - 2026)

Mind Technology (MIND) reported Net Margin of 2.77% for Q1 2026, down 1631.0% year-over-year from 0.18% in Q1 2025, and down 532.28% quarter-over-quarter from 0.64% in Q4 2025.

Mind Technology (MIND) Net Margin (2010 - 2026) Analysis & Trends

Mind Technology (MIND) has 17 years of Net Margin data on file, last reported at 2.77% in Q1 2026.

  • Net Margin for Q1 2026 came in at 2.77%, down 1631.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 1.83% (down 3573.0% YoY), and the FY2026 annual result was 1.83%, down 3573.0% from the prior year.
  • Net Margin slipped to 2.77% in Q1 2026 per MIND's latest filing, from 0.64% in the prior quarter.
  • Over five years, Net Margin peaked at 129.76% in Q4 2024 and troughed at 200.99% in Q4 2022.
  • A 5-year average of 21.23% and a median of 3.17% in 2023 frame the typical range for Net Margin.
  • The sharpest annual moves came in 2022 and 2023: Net Margin plunged 16186 bps in 2022, then surged 19337 bps in 2023.
  • 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 sank by 100 bps to 0.64% in 2025, then sank by 532 bps to 2.77% in 2026.
  • Business Quant data shows MIND's Net Margin at 2.77% in Q1 2026, 0.64% in Q4 2025, and 14.22% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Coherent 67.67 Bn 66.37 Bn 679.95 Mn 10.60%
2 Keysight Technologies 57.00 Bn 54.83 Bn 995.00 Mn 17.56%
3 Garmin 45.82 Bn 43.12 Bn 1.04 Bn 23.10%
4 Teledyne Technologies 28.64 Bn 28.34 Bn 673.80 Mn 14.54%
5 Mks 21.67 Bn 21.10 Bn 507.00 Mn 7.79%
6 Fortive 19.42 Bn 19.07 Bn 675.50 Mn -
7 Trimble 12.42 Bn 12.19 Bn 646.30 Mn 10.52%
8 Cognex 10.23 Bn 9.94 Bn 190.94 Mn 19.26%
9 Esco Technologies 7.86 Bn 7.77 Bn 131.32 Mn 0.38%
10 Mind Technology 48.89 Mn 29.79 Mn 3.99 Mn -2.77%

Historic Data

Download Data
DateValue
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%
Apr 30, 2021 -108.92%