Mind Technology (MIND) Operating Expenses (2010 - 2026)

Mind Technology (MIND) posted quarterly Operating Expenses of $4.1 million for Q2 2026, up 2.36% YoY from $4.0 million in Q2 2025, and up 4.34% sequentially from $3.9 million in Q1 2026.

Mind Technology (MIND) Operating Expenses (2010 - 2026) Analysis & Trends

Mind Technology has disclosed Operating Expenses across 17 years of filings, most recently posting $4.1 million for Q2 2026.

  • In Q2 2026, Operating Expenses rose 2.36% year-over-year to $4.1 million; the TTM figure through Apr 2026 stood at $15.9 million (up 8.53% YoY), while the FY2026 annual figure was $15.8 million, up 11.71% from the prior year.
  • Operating Expenses rose to $4.1 million in Q2 2026, from $3.9 million in the prior quarter.
  • Over the last five years, Operating Expenses for MIND reached as high as $5.8 million in Q2 2022 and fell as low as $3.3 million in Q3 2024.
  • The 5-year median for Operating Expenses is $3.8 million (2025), against an average of $4.1 million.
  • Annual changes were most pronounced in 2023 — Operating Expenses declined 29.42% — and 2025, when it advanced 24.4%.
  • A 5-year view of Operating Expenses shows it stood at $3.8 million in 2022, then dropped by 1.59% to $3.7 million in 2023, then declined by 4.34% to $3.5 million in 2024, then rose by 5.47% to $3.7 million in 2025, then gained by 9.2% to $4.1 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $4.1 million, $3.9 million, and $3.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn 1.62 Bn
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn 86.04 Mn
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn 1.35 Bn
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn 1.27 Bn
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn 483.80 Mn
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn 502.30 Mn
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn 131.07 Mn
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn 793.20 Mn
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn 610.62 Mn
10 Mind Technology 42.95 Mn 25.25 Mn 4.10 Mn 4.08 Mn

Historic Data

Download Data
DateValue
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