Mind Technology (MIND) Tax Rate (2010 - 2026)
Mind Technology (MIND) posted Tax Rate of -1.05% for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 26.82 percentage points from 25.77% a year earlier and down 733.36 percentage points from the prior quarter.
Mind Technology (MIND) Tax Rate (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jul 31, 2026, Tax Rate at Mind Technology was -246.81%, down 279.14 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it was 74.15%, up 46.04 percentage points from FY2025.
- Annual Tax Rate shows a five-year change of +78.13 percentage points (FY2021 to FY2026).
- In prior fiscal years, Mind Technology's Tax Rate was 28.11% in FY2025 (-534.07 pp), 562.18% in FY2024 (+575.14 pp), -12.96% in FY2023 (-13.25 pp) and 0.29% in FY2022 (+4.27 pp).
- The fiscal Q2 2027 figure stands as the lowest quarterly Tax Rate since fiscal Q1 2026.
- On a year-over-year basis, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of +119.65 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was fiscal Q1 2027, with a gain of 775.80 percentage points; the weakest was fiscal Q1 2025, with a drop of 122.79 percentage points.
- According to Business Quant data, Tax Rate for the three prior fiscal quarters was 732.31% (Q1 2027), 225.50% (Q4 2026) and 92.03% (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 24.54% |
| 10 | Mind Technology | 39.26 Mn | -32.74 Mn | 2.09 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 732.31% |
| Jan 31, 2026 | 225.50% |
| Oct 31, 2025 | 92.03% |
| Jul 31, 2025 | 25.77% |
| Jan 31, 2025 | 25.24% |
| Oct 31, 2024 | 23.29% |
| Jul 31, 2024 | 44.80% |
| Apr 30, 2024 | 20.42% |
| Jan 31, 2024 | 33.41% |
| Apr 30, 2023 | 143.21% |
| Jan 31, 2023 | 30.64% |
| Apr 30, 2014 | 22.88% |
| Jan 31, 2014 | 18.22% |
| Apr 30, 2013 | 20.36% |
| Apr 30, 2012 | 23.57% |
| Jan 31, 2012 | 30.59% |
| Oct 31, 2011 | 25.32% |
| Jul 31, 2011 | 40.04% |
| Apr 30, 2011 | 27.99% |
| Jan 31, 2011 | 37.06% |
Mind Technology Tax Rate 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-rate&ticker=MIND&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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-rate&ticker=MIND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();