Growth Metrics

Mind Technology (MIND) Operating Margin (2016 - 2026)

Mind Technology (MIND) has disclosed Operating Margin for 17 consecutive years, with 22.16% as the latest value for Q1 2026.

  • For Q1 2026, Operating Margin fell 4065.0% year-over-year to 22.16%; the TTM value through Jan 2026 reached 1.49%, down 1306.0%, while the annual FY2026 figure was 1.49%, 1306.0% down from the prior year.
  • Operating Margin was 22.16% for Q1 2026 at Mind Technology, down from 7.99% in the prior quarter.
  • The five-year high for Operating Margin was 19.64% in Q3 2025, with the low at 135.65% in Q1 2022.
  • Historically, Operating Margin has averaged 14.01% across 5 years, with a median of 3.95% in 2023.
  • The largest annual shift saw Operating Margin crashed -26082bps in 2022 before it surged 14236bps in 2023.
  • Over 5 years, Operating Margin stood at 95.59% in 2022, then skyrocketed by 69bps to 29.21% in 2023, then soared by 153bps to 15.5% in 2024, then crashed by -48bps to 7.99% in 2025, then crashed by -377bps to 22.16% in 2026.
  • Per Business Quant database, its latest 3 readings for Operating Margin were 22.16% in Q1 2026, 7.99% in Q4 2025, and 19.64% in Q3 2025.