Mind Technology (MIND) Payables (2011 - 2026)
Mind Technology (MIND) posted quarterly Payables of $1.5 million for Q2 2026, down 25.46% year-over-year from $2.0 million in Q2 2025, and up 23.48% quarter-over-quarter from $1.2 million in Q1 2026.
Mind Technology (MIND) Payables (2011 - 2026) Analysis & Trends
Mind Technology (MIND) has reported Payables for 16 consecutive years, with $1.5 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Payables fell 25.46% year-over-year to $1.5 million; the TTM figure through Apr 2026 stood at $1.5 million (down 25.46% YoY), while the FY2026 annual figure was $1.2 million, down 52.54% from the prior year.
- Payables climbed to $1.5 million in Q2 2026 per MIND's latest filing, from $1.2 million in the prior quarter.
- Across five years, Payables topped out at $5.8 million in Q3 2023 and bottomed at $1.1 million in Q4 2023.
- Historically, Payables has averaged $2.5 million across 5 years, with a median of $2.1 million in 2022.
- Annual changes were most pronounced in 2023 — Payables jumped 135.85% — and 2025, when it slumped 73.13%.
- Mind Technology's Payables stood at $4.2 million in 2022, then sank by 73.11% to $1.1 million in 2023, then jumped by 93.35% to $2.2 million in 2024, then retreated by 22.07% to $1.7 million in 2025, then declined by 11.72% to $1.5 million in 2026.
- Business Quant data shows MIND's Payables at $1.5 million in Q2 2026, $1.2 million in Q1 2026, and $1.7 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.50 Bn | 53.83 Bn | 1.26 Bn | 1.01 Bn |
| 2 | Keysight Technologies | 54.05 Bn | 51.64 Bn | 1.18 Bn | 392.00 Mn |
| 3 | Coherent | 51.08 Bn | 49.09 Bn | 787.08 Mn | 1.91 Bn |
| 4 | Teledyne Technologies | 29.39 Bn | 29.05 Bn | 738.10 Mn | 492.30 Mn |
| 5 | Mks | 19.03 Bn | 18.41 Bn | 595.00 Mn | 1.93 Bn |
| 6 | Fortive | 18.08 Bn | 17.71 Bn | 695.30 Mn | 427.90 Mn |
| 7 | Trimble | 13.91 Bn | 13.70 Bn | 674.90 Mn | 211.70 Mn |
| 8 | Cognex | 9.98 Bn | 9.58 Bn | 205.77 Mn | 65.06 Mn |
| 9 | Esco Technologies | 7.37 Bn | 7.30 Bn | 141.52 Mn | 116.54 Mn |
| 10 | Mind Technology | 42.04 Mn | 24.34 Mn | 4.10 Mn | 1.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 1.50 Mn |
| Jan 31, 2026 | 1.21 Mn |
| Oct 31, 2025 | 1.70 Mn |
| Jul 31, 2025 | 1.18 Mn |
| Apr 30, 2025 | 2.01 Mn |
| Jan 31, 2025 | 2.56 Mn |
| Oct 31, 2024 | 2.18 Mn |
| Jul 31, 2024 | 4.39 Mn |
| Apr 30, 2024 | 1.70 Mn |
| Jan 31, 2024 | 1.62 Mn |
| Oct 31, 2023 | 1.13 Mn |
| Jul 31, 2023 | 5.80 Mn |
| Apr 30, 2023 | 4.35 Mn |
| Jan 31, 2023 | 2.49 Mn |
| Oct 31, 2022 | 4.19 Mn |
| Jul 31, 2022 | 2.46 Mn |
| Apr 30, 2022 | 2.08 Mn |
| Jan 31, 2022 | 2.05 Mn |
| Oct 31, 2021 | 3.19 Mn |
| Jul 31, 2021 | 2.15 Mn |