Mind Technology (MIND) Research & Development (2017 - 2026)
Mind Technology (MIND) posted quarterly Research & Development of $310000.0 for Q2 2026, down 18.42% YoY from $380000.0 in Q2 2025, and down 20.31% sequentially from $389000.0 in Q1 2026.
Mind Technology (MIND) Research & Development (2017 - 2026) Analysis & Trends
Mind Technology has disclosed Research & Development across 10 years of filings, most recently posting $310000.0 for Q2 2026.
- In Q2 2026, Research & Development fell 18.42% year-over-year to $310000.0; the TTM figure through Apr 2026 stood at $1.5 million (down 17.25% YoY), while the FY2026 annual figure was $1.6 million, down 17.14% from the prior year.
- Research & Development eased to $310000.0 in Q2 2026, from $389000.0 in the prior quarter.
- Over the last five years, Research & Development for MIND reached as high as $1.0 million in Q1 2022 and fell as low as $310000.0 in Q1 2023.
- The 5-year median for Research & Development is $485500.0 (2023), against an average of $530055.6.
- Annual changes were most pronounced in 2023 — Research & Development plunged 69.87% — and 2024, when it soared 110.97%.
- 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 retreated by 9.96% to $506000.0 in 2025, then tumbled by 38.74% to $310000.0 in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $310000.0, $389000.0, and $506000.0 for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | 185.99 Mn |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 23.25 Mn |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | 303.00 Mn |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 84.60 Mn |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | 66.50 Mn |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 169.50 Mn |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 37.03 Mn |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 31.90 Mn |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | 295.82 Mn |
| 10 | Mind Technology | 42.95 Mn | 25.25 Mn | 4.10 Mn | 310,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 310,000.00 |
| Jan 31, 2026 | 389,000.00 |
| Oct 31, 2025 | 506,000.00 |
| Jul 31, 2025 | 311,000.00 |
| Apr 30, 2025 | 380,000.00 |
| Jan 31, 2025 | 562,000.00 |
| Oct 31, 2024 | 562,000.00 |
| Jul 31, 2024 | 328,000.00 |
| Apr 30, 2024 | 462,000.00 |
| Jan 31, 2024 | 654,000.00 |
| Oct 31, 2023 | 508,000.00 |
| Jul 31, 2023 | 493,000.00 |
| Apr 30, 2023 | 478,000.00 |
| Jan 31, 2023 | 310,000.00 |
| Oct 31, 2022 | 412,000.00 |
| Jul 31, 2022 | 833,000.00 |
| Apr 30, 2022 | 1.01 Mn |
| Jan 31, 2022 | 1.03 Mn |
| Oct 31, 2021 | 826,000.00 |
| Jul 31, 2021 | 888,000.00 |