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| Date | Value |
|---|---|
| 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% |