Mind Technology (MIND) Tax Provisions (2010 - 2026)
Mind Technology (MIND) posted quarterly Tax Provisions of $476000.0 for Q2 2026, up 61.9% year-over-year from $294000.0 in Q2 2025, and up 1.06% quarter-over-quarter from $471000.0 in Q1 2026.
Mind Technology (MIND) Tax Provisions (2010 - 2026) Analysis & Trends
Mind Technology (MIND) has reported Tax Provisions for 17 consecutive years, with $476000.0 the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Provisions rose 61.9% year-over-year to $476000.0; the TTM figure through Apr 2026 stood at $2.3 million (up 52.38% YoY), while the FY2026 annual figure was $2.2 million, up 45.14% from the prior year.
- Tax Provisions improved to $476000.0 in Q2 2026 per MIND's latest filing, from $471000.0 in the prior quarter.
- Across five years, Tax Provisions topped out at $716000.0 in Q4 2025 and bottomed at -$3.0 million in Q1 2022.
- Historically, Tax Provisions has averaged $104777.8 across 5 years, with a median of $269500.0 in 2024.
- Annual changes were most pronounced in 2022 — Tax Provisions tumbled 582.31% — and 2024, when it surged 918.18%.
- Mind Technology's Tax Provisions stood at $38000.0 in 2022, then jumped by 194.74% to $112000.0 in 2023, then soared by 253.57% to $396000.0 in 2024, then surged by 80.81% to $716000.0 in 2025, then slumped by 33.52% to $476000.0 in 2026.
- Business Quant data shows MIND's Tax Provisions at $476000.0 in Q2 2026, $471000.0 in Q1 2026, and $716000.0 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.69 Bn | 54.02 Bn | 1.26 Bn | 109.14 Mn |
| 2 | Keysight Technologies | 53.34 Bn | 50.93 Bn | 1.18 Bn | 69.00 Mn |
| 3 | Coherent | 50.67 Bn | 48.69 Bn | 787.08 Mn | 42.31 Mn |
| 4 | Teledyne Technologies | 29.19 Bn | 28.85 Bn | 738.10 Mn | 69.60 Mn |
| 5 | Mks | 18.80 Bn | 18.19 Bn | 595.00 Mn | 38.00 Mn |
| 6 | Fortive | 18.31 Bn | 17.94 Bn | 695.30 Mn | 22.20 Mn |
| 7 | Trimble | 14.03 Bn | 13.81 Bn | 674.90 Mn | 26.90 Mn |
| 8 | Cognex | 9.96 Bn | 9.55 Bn | 205.77 Mn | 16.54 Mn |
| 9 | Esco Technologies | 7.34 Bn | 7.27 Bn | 141.52 Mn | 8.22 Mn |
| 10 | Mind Technology | 41.70 Mn | 24.00 Mn | 4.10 Mn | 476,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 476,000.00 |
| Jan 31, 2026 | 471,000.00 |
| Oct 31, 2025 | 716,000.00 |
| Jul 31, 2025 | 670,000.00 |
| Apr 30, 2025 | 294,000.00 |
| Jan 31, 2025 | 169,000.00 |
| Oct 31, 2024 | 396,000.00 |
| Jul 31, 2024 | 672,000.00 |
| Apr 30, 2024 | 245,000.00 |
| Jan 31, 2024 | -540,000.00 |
| 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 | -2.97 Mn |
| Oct 31, 2021 | 59,000.00 |
| Jul 31, 2021 | 197,000.00 |