Mind Technology (MIND) Tax Provisions (2010 - 2026)
Mind Technology (MIND) recorded Tax Provisions of $18,000 in fiscal Q2 2027 (quarter ended Jul 31, 2026), down 97.3% from $670,000 a year earlier and down 96.2% from the prior quarter.
Mind Technology (MIND) Tax Provisions (2010 - 2026) Analysis & Trends
On a TTM basis, Mind Technology's Tax Provisions came in at $1.66 million as of Jul 31, 2026, down 18.2% year-over-year; for FY2026 (ended Jan 31, 2026), it was $2.15 million, up 8.4% from FY2025.
- Annual Tax Provisions has increased for three straight fiscal years, with a five-year compound annual growth rate of 32.0% (FY2021 to FY2026).
- Across earlier fiscal years, Tax Provisions came in at $1.98 million in FY2025 (+48.3%), $1.34 million in FY2024 (+91.4%), $699,000 in FY2023 and -$39,000 in FY2022.
- The fiscal Q2 2027 figure is the lowest quarterly Tax Provisions since fiscal Q4 2022.
- On a year-over-year basis, Tax Provisions rose in four of the last eight quarters, with growth averaging 34.4%.
- Peak year-over-year performance for Tax Provisions in the last five years was growth of 918.2% in fiscal Q2 2025, against a decline of 97.3% in fiscal Q2 2027 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $476,000 (Q1 2027), $451,000 (Q4 2026) and $716,000 (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 1.06 Bn |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 604.30 Mn |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 529.00 Mn |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 321.00 Mn |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 248.00 Mn |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 122.20 Mn |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 198.00 Mn |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 183.00 Mn |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 265.00 Mn |
| 10 | Mind Technology | 39.26 Mn | -32.74 Mn | 2.09 Mn | 18,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 18,000.00 |
| Apr 30, 2026 | 476,000.00 |
| Jan 31, 2026 | 451,000.00 |
| Oct 31, 2025 | 716,000.00 |
| Jul 31, 2025 | 670,000.00 |
| Apr 30, 2025 | 294,000.00 |
| Jan 31, 2025 | 671,000.00 |
| Oct 31, 2024 | 396,000.00 |
| Jul 31, 2024 | 672,000.00 |
| Apr 30, 2024 | 245,000.00 |
| Jan 31, 2024 | 748,000.00 |
| Oct 31, 2023 | 112,000.00 |
| Jul 31, 2023 | 66,000.00 |
| Apr 30, 2023 | 411,000.00 |
| Jan 31, 2023 | 319,000.00 |
| Oct 31, 2022 | 38,000.00 |
| Jul 31, 2022 | 131,000.00 |
| Apr 30, 2022 | 211,000.00 |
| Jan 31, 2022 | -150,000.00 |
| Oct 31, 2021 | 59,000.00 |
Mind Technology Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=MIND&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "MIND", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=MIND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();