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Mind Technology (MIND) Research & Development (2017 - 2026)

Mind Technology has reported Research & Development over the past 10 years, most recently at $389000.0 for Q1 2026.

  • Quarterly Research & Development fell 30.78% to $389000.0 in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $1.6 million through Jan 2026, down 17.14% year-over-year, with the annual reading at $1.6 million for FY2026, 17.14% down from the prior year.
  • Research & Development was $389000.0 for Q1 2026 at Mind Technology, down from $506000.0 in the prior quarter.
  • Over five years, Research & Development peaked at $1.0 million in Q1 2022 and troughed at $310000.0 in Q1 2023.
  • The 5-year median for Research & Development is $493000.0 (2023), against an average of $543000.0.
  • Year-over-year, Research & Development crashed 69.87% in 2023 and then soared 110.97% in 2024.
  • A 5-year view of Research & Development shows it stood at $412000.0 in 2022, then rose by 23.3% to $508000.0 in 2023, then grew by 10.63% to $562000.0 in 2024, then dropped by 9.96% to $506000.0 in 2025, then decreased by 23.12% to $389000.0 in 2026.
  • Per Business Quant, the three most recent readings for MIND's Research & Development are $389000.0 (Q1 2026), $506000.0 (Q4 2025), and $311000.0 (Q3 2025).