Mind Technology (MIND) Tax Rate (2010 - 2026)
Mind Technology (MIND) posted quarterly Tax Rate of 732.31% for Q2 2026, up 77580.0% year-over-year from N/an in Q2 2025, and up 210.96% quarter-over-quarter from 235.5% in Q1 2026.
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.
- In Q2 2026, Tax Rate rose 77580.0% year-over-year to 732.31%; the TTM figure through Apr 2026 stood at 64.06% (up 3452.0% YoY), while the FY2026 annual figure was 74.15%, up 5315.0% from the prior year.
- Tax Rate grew to 732.31% in Q2 2026 per MIND's latest filing, from 235.5% in the prior quarter.
- Across five years, Tax Rate topped out at 732.31% in Q2 2026 and bottomed at 43.49% in Q2 2025.
- Historically, Tax Rate has averaged 74.64% across 5 years, with a median of 21.95% in 2024.
- Annual changes were most pronounced in 2024 — Tax Rate plunged 12279 bps — and 2026, when it surged 77580 bps.
- Mind Technology's Tax Rate stood at 1.34% in 2022, then sank by 425 bps to 7.01% in 2023, then jumped by 435 bps to 23.47% in 2024, then jumped by 292 bps to 92.03% in 2025, then jumped by 696 bps to 732.31% in 2026.
- Business Quant data shows MIND's Tax Rate at 732.31% in Q2 2026, 235.5% in Q1 2026, and 92.03% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.50 Bn | 53.83 Bn | 1.26 Bn | 16.76% |
| 2 | Keysight Technologies | 54.05 Bn | 51.64 Bn | 1.18 Bn | 16.51% |
| 3 | Coherent | 51.08 Bn | 49.09 Bn | 787.08 Mn | 15.19% |
| 4 | Teledyne Technologies | 29.39 Bn | 29.05 Bn | 738.10 Mn | 21.66% |
| 5 | Mks | 19.03 Bn | 18.41 Bn | 595.00 Mn | 17.84% |
| 6 | Fortive | 18.08 Bn | 17.71 Bn | 695.30 Mn | 12.37% |
| 7 | Trimble | 13.91 Bn | 13.70 Bn | 674.90 Mn | -6.05% |
| 8 | Cognex | 9.98 Bn | 9.58 Bn | 205.77 Mn | 18.53% |
| 9 | Esco Technologies | 7.37 Bn | 7.30 Bn | 141.52 Mn | 20.07% |
| 10 | Mind Technology | 42.04 Mn | 24.34 Mn | 4.10 Mn | 732.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 732.31% |
| Apr 30, 2026 | 732.31% |
| Apr 30, 2026 | 732.31% |
| Jan 31, 2026 | 235.50% |
| Jan 31, 2026 | 235.50% |
| Jan 31, 2026 | 235.50% |
| Oct 31, 2025 | 92.03% |
| Oct 31, 2025 | 92.03% |
| Oct 31, 2025 | 92.03% |
| Jul 31, 2025 | 25.78% |
| Jul 31, 2025 | 25.78% |
| Jul 31, 2025 | 25.78% |
| Apr 30, 2025 | -43.49% |
| Apr 30, 2025 | -43.49% |
| Apr 30, 2025 | -43.49% |
| Jan 31, 2025 | 6.25% |
| Jan 31, 2025 | 6.25% |
| Jan 31, 2025 | 6.25% |
| Oct 31, 2024 | 23.47% |
| Oct 31, 2024 | 23.47% |