Mind Technology (MIND) Operating Margin (2010 - 2026)

Mind Technology (MIND) posted quarterly Operating Margin of 0.14% for Q2 2026, up 847.0% YoY from 0.02% in Q2 2025, and down 81.82% sequentially from 0.8% in Q1 2026.

Mind Technology (MIND) Operating Margin (2010 - 2026) Analysis & Trends

Mind Technology has disclosed Operating Margin across 17 years of filings, most recently posting 0.14% for Q2 2026.

  • In Q2 2026, Operating Margin rose 847.0% year-over-year to 0.14%; the TTM figure through Apr 2026 stood at 8.26% (up 806.0% YoY), while the FY2026 annual figure was 6.98%, up 382.0% from the prior year.
  • Operating Margin fell to 0.14% in Q2 2026, from 0.8% in the prior quarter.
  • Over the last five years, Operating Margin for MIND reached as high as 57.63% in Q1 2023 and fell as low as 135.65% in Q1 2022.
  • The 5-year median for Operating Margin is 0.47% (2026), against an average of 10.9%.
  • Annual changes were most pronounced in 2022 — Operating Margin slumped 26082 bps — and 2023, when it surged 19328 bps.
  • A 5-year view of Operating Margin shows it stood at 95.59% in 2022, then surged by 69 bps to 29.21% in 2023, then jumped by 153 bps to 15.5% in 2024, then tumbled by 48 bps to 7.99% in 2025, then tumbled by 98 bps to 0.14% in 2026.
  • According to Business Quant data, Operating Margin over the past three periods registered 0.14%, 0.8%, and 7.99% for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn -52.13%
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn 10.69%
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn 15.50%
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn 18.86%
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn 17.93%
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn 15.32%
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn 22.30%
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn 15.15%
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn 24.62%
10 Mind Technology 42.95 Mn 25.25 Mn 4.10 Mn 0.14%

Historic Data

Download Data
DateValue
Apr 30, 2026 0.14%
Jan 31, 2026 0.80%
Oct 31, 2025 7.99%
Jul 31, 2025 19.64%
Apr 30, 2025 -8.33%
Jan 31, 2025 -16.98%
Oct 31, 2024 15.50%
Jul 31, 2024 14.25%
Apr 30, 2024 7.54%
Jan 31, 2024 17.33%
Oct 31, 2023 -29.21%
Jul 31, 2023 -10.14%
Apr 30, 2023 3.95%
Jan 31, 2023 57.63%
Oct 31, 2022 -95.59%
Jul 31, 2022 -17.80%
Apr 30, 2022 -27.25%
Jan 31, 2022 -135.65%
Oct 31, 2021 -24.60%
Jul 31, 2021 -38.18%