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

Mind Technology (MIND) has reported Research & Development for 10 consecutive years, with $310000.0 the latest figure, recorded in Q2 2026.

• On a quarterly basis, Research & Development fell 18.42% year-over-year to $310000.0 in Q2 2026; TTM through Apr 2026 was $1.5 million, a 17.25% decrease from a year earlier, with the FY2026 full-year figure at $1.6 million, down 17.14% from the prior year.
• Research & Development was $310000.0 for Q2 2026 at Mind Technology, down from $389000.0 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.
• A 5-year average of $530055.6 and a median of $485500.0 in 2023 frame the typical range for Research & Development.
• Across the five-year window, Research & Development tumbled 69.87% in 2023 and surged 110.97% in 2024, its largest moves.
• Over 5 years, Research & Development stood at $412000.0 in 2022, then increased by 23.3% to $508000.0 in 2023, then climbed by 10.63% to $562000.0 in 2024, then fell by 9.96% to $506000.0 in 2025, then slumped by 38.74% to $310000.0 in 2026.
• The last three Research & Development figures came in at $310000.0 (Q2 2026), $389000.0 (Q1 2026), and $506000.0 (Q4 2025), per Business Quant data.