Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Consolidated Net IncomeCost of RevenueDepreciation & Amortization - TotalEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesPreferred Dividend PaymentsProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateTax Rate
Others
Ratios

Mind Technology (MIND) Tax Rate (2016 - 2026)

Mind Technology (MIND) has disclosed Tax Rate for 17 consecutive years, with 7.8% as the latest value for Q1 2026.

  • For Q1 2026, Tax Rate fell 1744.0% year-over-year to 7.8%; the TTM value through Jan 2026 reached 20.88%, down 723.0%, while the annual FY2026 figure was 21.06%, 705.0% down from the prior year.
  • Tax Rate was 7.8% for Q1 2026 at Mind Technology, down from 92.03% in the prior quarter.
  • The five-year high for Tax Rate was 143.21% in Q2 2023, with the low at 43.49% in Q2 2025.
  • Historically, Tax Rate has averaged 16.79% across 5 years, with a median of 4.66% in 2022.
  • The largest annual shift saw Tax Rate skyrocketed 15134bps in 2023 before it tumbled -12279bps in 2024.
  • Over 5 years, Tax Rate stood at 1.36% in 2022, then tumbled by -416bps to 7.0% in 2023, then soared by 433bps to 23.29% in 2024, then skyrocketed by 295bps to 92.03% in 2025, then tumbled by -92bps to 7.8% in 2026.
  • Per Business Quant database, its latest 3 readings for Tax Rate were 7.8% in Q1 2026, 92.03% in Q4 2025, and 25.77% in Q3 2025.