Mind Technology (MIND) Operating Leases (2019 - 2026)
Mind Technology (MIND) reported Operating Leases of $161,000 for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 56.0% from $366,000 a year earlier and down 36.9% from the prior quarter.
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Analysis
Mind Technology (MIND) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2026 (ended Jan 31, 2026), Mind Technology posted Operating Leases of $406,000, down 45.4% from FY2025.
- Operating Leases has a five-year compound annual growth rate of -2.6% (FY2021 to FY2026).
- By fiscal year, Operating Leases came in at $743,000 in FY2025 (+29.7%), $573,000 in FY2024 (-32.3%), $846,000 in FY2023 (-12.4%) and $966,000 in FY2022 (+108.6%).
- The fiscal Q2 2027 figure ranks as the lowest quarterly Operating Leases in data going back to fiscal Q1 2020.
- Year over year, Operating Leases has now declined in each of the last six quarters, with an average decline of 29.5% over the last eight quarters.
- The high point for year-over-year Operating Leases in five years was fiscal Q4 2022 (growth of 108.6%); the low point was fiscal Q2 2026 (a decline of 62.8%).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at $255,000 (Q1 2027), $406,000 (Q4 2026) and $585,000 (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn |
| 10 | Mind Technology | 39.26 Mn | -32.74 Mn | 2.09 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 161,000.00 |
| Apr 30, 2026 | 255,000.00 |
| Jan 31, 2026 | 406,000.00 |
| Oct 31, 2025 | 585,000.00 |
| 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 |
API Access
Mind Technology Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=MIND&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "MIND", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=MIND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();