Mind Technology (MIND) Operating Expenses (2010 - 2026)
Mind Technology's (MIND) quarterly Operating Expenses came in at $4.1 million in Q2 2026, up 2.36% year-over-year from $4.0 million in Q2 2025, and up 4.34% quarter-over-quarter from $3.9 million in Q1 2026.
Analysis
Mind Technology (MIND) Operating Expenses (2010 - 2026) Analysis & Trends
Mind Technology (MIND) has reported Operating Expenses for 17 consecutive years, with $4.1 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 2.36% year-over-year to $4.1 million in Q2 2026; TTM through Apr 2026 was $15.9 million, a 8.53% increase from a year earlier, with the FY2026 full-year figure at $15.8 million, up 11.71% from the prior year.
- Operating Expenses was $4.1 million for Q2 2026 at Mind Technology, up from $3.9 million in the prior quarter.
- Over five years, Operating Expenses peaked at $5.8 million in Q2 2022 and troughed at $3.3 million in Q3 2024.
- A 5-year average of $4.1 million and a median of $3.8 million in 2025 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses dropped 29.42% in 2023 and gained 24.4% in 2025, its largest moves.
- Over 5 years, Operating Expenses stood at $3.8 million in 2022, then slipped by 1.59% to $3.7 million in 2023, then dropped by 4.34% to $3.5 million in 2024, then increased by 5.47% to $3.7 million in 2025, then rose by 9.2% to $4.1 million in 2026.
- The last three Operating Expenses figures came in at $4.1 million (Q2 2026), $3.9 million (Q1 2026), and $3.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 86.90 Bn | 83.63 Bn | 2.68 Bn | 5.52 Bn |
| 2 | Illinois Tool Works | 76.92 Bn | 76.08 Bn | 1.90 Bn | - |
| 3 | Ametek | 54.50 Bn | 54.00 Bn | 735.04 Mn | 1.52 Bn |
| 4 | Rockwell Automation | 48.18 Bn | 47.71 Bn | 1.14 Bn | 663.00 Mn |
| 5 | Mettler Toledo International | 29.15 Bn | 29.09 Bn | 650.22 Mn | 321.77 Mn |
| 6 | Dover | 25.97 Bn | 24.22 Bn | 880.61 Mn | 488.82 Mn |
| 7 | Symbotic | 25.93 Bn | 24.61 Bn | 160.91 Mn | 128.02 Mn |
| 8 | Nordson | 17.73 Bn | 17.62 Bn | 453.73 Mn | 230.64 Mn |
| 9 | Fortive | 17.23 Bn | 16.86 Bn | 695.30 Mn | 485.40 Mn |
| 10 | Mind Technology | 41.54 Mn | 23.84 Mn | 4.10 Mn | 4.08 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 4.08 Mn |
| Jan 31, 2026 | 3.91 Mn |
| Oct 31, 2025 | 3.74 Mn |
| Jul 31, 2025 | 4.17 Mn |
| Apr 30, 2025 | 3.99 Mn |
| Jan 31, 2025 | 3.77 Mn |
| Oct 31, 2024 | 3.55 Mn |
| Jul 31, 2024 | 3.35 Mn |
| Apr 30, 2024 | 3.49 Mn |
| Jan 31, 2024 | 3.92 Mn |
| Oct 31, 2023 | 3.71 Mn |
| Jul 31, 2023 | 3.71 Mn |
| Apr 30, 2023 | 4.12 Mn |
| Jan 31, 2023 | 3.66 Mn |
| Oct 31, 2022 | 3.77 Mn |
| Jul 31, 2022 | 5.09 Mn |
| Apr 30, 2022 | 5.77 Mn |
| Jan 31, 2022 | 5.18 Mn |
| Oct 31, 2021 | 5.22 Mn |
| Jul 31, 2021 | 4.82 Mn |