Mind Technology (MIND) Operating Leases (2019 - 2026)

Mind Technology (MIND) reported Operating Leases of $1.1 million for Q1 2026, up 46.97% year-over-year from $743000.0 in Q1 2025, and down 13.81% quarter-over-quarter from $1.3 million in Q4 2025.

Mind Technology (MIND) Operating Leases (2019 - 2026) Analysis & Trends

Mind Technology (MIND) has 8 years of Operating Leases data on file, last reported at $1.1 million in Q1 2026.

  • Operating Leases for Q1 2026 came in at $1.1 million, up 46.97% year-over-year; the trailing twelve-month figure through Jan 2026 was $1.1 million (up 46.97% YoY), and the FY2026 annual result was $1.1 million, up 46.97% from the prior year.
  • Operating Leases fell to $1.1 million in Q1 2026 per MIND's latest filing, from $1.3 million in the prior quarter.
  • Over five years, Operating Leases peaked at $1.6 million in Q4 2022 and troughed at $366000.0 in Q3 2025.
  • A 5-year average of $928764.7 and a median of $944000.0 in 2022 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2022 and 2025: Operating Leases surged 108.64% in 2022, then sank 62.84% in 2025.
  • A 5-year view of Operating Leases shows it stood at $1.6 million in 2022, then sank by 56.65% to $684000.0 in 2023, then increased by 26.61% to $866000.0 in 2024, then soared by 46.3% to $1.3 million in 2025, then retreated by 13.81% to $1.1 million in 2026.
  • Business Quant data shows MIND's Operating Leases at $1.1 million in Q1 2026, $1.3 million in Q4 2025, and $366000.0 in Q3 2025.

Peer Comparison

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

Historic Data

Download Data
DateValue
Jan 31, 2026 1.09 Mn
Oct 31, 2025 1.27 Mn
Jul 31, 2025 366,000.00
Apr 30, 2025 651,000.00
Jan 31, 2025 743,000.00
Oct 31, 2024 866,000.00
Jul 31, 2024 985,000.00
Apr 30, 2024 997,000.00
Jan 31, 2024 573,000.00
Oct 31, 2023 684,000.00
Jul 31, 2023 723,000.00
Apr 30, 2023 1.01 Mn
Jan 31, 2023 846,000.00
Oct 31, 2022 1.58 Mn
Jul 31, 2022 1.50 Mn
Apr 30, 2022 944,000.00
Jan 31, 2022 966,000.00
Oct 31, 2021 1.12 Mn
Jul 31, 2021 1.00 Mn
Apr 30, 2021 473,000.00