Mind Technology (MIND) Tax Rate (2010 - 2026)
Mind Technology's (MIND) quarterly Tax Rate came in at 732.31% in Q2 2026, up 77580.0% year-over-year from N/an in Q2 2025, and up 9282.55% quarter-over-quarter from 7.8% in Q1 2026.
Analysis
Mind Technology (MIND) Tax Rate (2010 - 2026) Analysis & Trends
Mind Technology (MIND) has reported Tax Rate for 17 consecutive years, with 732.31% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 77580.0% year-over-year to 732.31% in Q2 2026; TTM through Apr 2026 was 21.11%, a 301.0% increase from a year earlier, with the FY2026 full-year figure at 21.06%, up 592.0% from the prior year.
- Tax Rate was 732.31% for Q2 2026 at Mind Technology, up from 7.8% in the prior quarter.
- Over five years, Tax Rate peaked at 732.31% in Q2 2026 and troughed at 43.49% in Q2 2025.
- A 5-year average of 63.45% and a median of 14.57% in 2024 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate sank 12279 bps in 2024 and jumped 77580 bps in 2026, its largest moves.
- Over 5 years, Tax Rate stood at 1.34% in 2022, then sank by 424 bps to 7.0% in 2023, then soared by 433 bps to 23.29% in 2024, then jumped by 295 bps to 92.03% in 2025, then surged by 696 bps to 732.31% in 2026.
- The last three Tax Rate figures came in at 732.31% (Q2 2026), 7.8% (Q1 2026), and 92.03% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 84.40 Bn | 81.07 Bn | 2.68 Bn | 16.34% |
| 2 | Illinois Tool Works | 75.33 Bn | 74.49 Bn | 1.90 Bn | 24.54% |
| 3 | Ametek | 53.79 Bn | 53.29 Bn | 735.04 Mn | 17.36% |
| 4 | Rockwell Automation | 46.70 Bn | 46.22 Bn | 1.14 Bn | 13.19% |
| 5 | Mettler Toledo International | 25.91 Bn | 25.86 Bn | 650.22 Mn | 19.52% |
| 6 | Dover | 25.43 Bn | 23.68 Bn | 880.61 Mn | 19.38% |
| 7 | Nordson | 17.14 Bn | 17.03 Bn | 453.73 Mn | 17.80% |
| 8 | Fortive | 16.63 Bn | 16.25 Bn | 695.30 Mn | 12.37% |
| 9 | RBC Bearings | 15.02 Bn | 14.90 Bn | 247.80 Mn | 22.04% |
| 10 | Mind Technology | 34.76 Mn | 17.06 Mn | 4.10 Mn | 732.31% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 732.31% |
| Jan 31, 2026 | 7.80% |
| Oct 31, 2025 | 92.03% |
| Jul 31, 2025 | 25.77% |
| Apr 30, 2025 | -43.49% |
| Jan 31, 2025 | 7.71% |
| Oct 31, 2024 | 23.29% |
| Jul 31, 2024 | 44.80% |
| Apr 30, 2024 | 20.42% |
| Jan 31, 2024 | 8.72% |
| Oct 31, 2023 | -7.00% |
| Jul 31, 2023 | -9.54% |
| Apr 30, 2023 | 143.21% |
| Jan 31, 2023 | 56.60% |
| Oct 31, 2022 | -1.34% |
| Jul 31, 2022 | -8.05% |
| Apr 30, 2022 | -8.12% |
| Jan 31, 2022 | 57.02% |
| Oct 31, 2021 | -2.92% |
| Jul 31, 2021 | -7.75% |