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| 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 |