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

Mind Technology (MIND) has disclosed Research & Development for 10 consecutive years, with $389000.0 as the latest value for Q1 2026.

  • For Q1 2026, Research & Development fell 30.78% year-over-year to $389000.0; the TTM value through Jan 2026 reached $1.6 million, down 17.14%, while the annual FY2026 figure was $1.6 million, 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.
  • The five-year high for Research & Development was $1.0 million in Q1 2022, with the low at $310000.0 in Q1 2023.
  • Historically, Research & Development has averaged $543000.0 across 5 years, with a median of $493000.0 in 2023.
  • The largest annual shift saw Research & Development tumbled 69.87% in 2023 before it surged 110.97% in 2024.
  • Over 5 years, Research & Development stood at $412000.0 in 2022, then increased by 23.3% to $508000.0 in 2023, then rose by 10.63% to $562000.0 in 2024, then fell by 9.96% to $506000.0 in 2025, then dropped by 23.12% to $389000.0 in 2026.
  • Per Business Quant database, its latest 3 readings for Research & Development were $389000.0 in Q1 2026, $506000.0 in Q4 2025, and $311000.0 in Q3 2025.