Mind Technology (MIND) Operating Expenses (2016 - 2026)
Mind Technology has reported Operating Expenses over the past 17 years, most recently at $3.9 million for Q1 2026.
- Quarterly Operating Expenses rose 3.85% to $3.9 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $15.8 million through Jan 2026, up 11.71% year-over-year, with the annual reading at $15.8 million for FY2026, 11.71% up from the prior year.
- Operating Expenses was $3.9 million for Q1 2026 at Mind Technology, up from $3.7 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.
- The 5-year median for Operating Expenses is $3.8 million (2025), against an average of $4.1 million.
- Year-over-year, Operating Expenses decreased 29.42% in 2023 and then increased 24.4% in 2025.
- 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 decreased by 4.34% to $3.5 million in 2024, then rose by 5.47% to $3.7 million in 2025, then rose by 4.65% to $3.9 million in 2026.
- Per Business Quant, the three most recent readings for MIND's Operating Expenses are $3.9 million (Q1 2026), $3.7 million (Q4 2025), and $4.2 million (Q3 2025).