Mind Technology (MIND) Tax Rate (2010 - 2026)
Mind Technology (MIND) posted quarterly Tax Rate of 732.31% for Q2 2026, up 77580.0% YoY from N/an in Q2 2025, and up 119.91% sequentially from 333.0% in Q1 2026.
Mind Technology (MIND) Tax Rate (2010 - 2026) Analysis & Trends
Mind Technology has disclosed Tax Rate across 17 years of filings, most recently posting 732.31% for Q2 2026.
- In Q2 2026, Tax Rate rose 77580.0% year-over-year to 732.31%; the TTM figure through Apr 2026 stood at 69.41% (up 3026.0% YoY), while the FY2026 annual figure was 81.56%, up 5345.0% from the prior year.
- Tax Rate rose to 732.31% in Q2 2026, from 333.0% in the prior quarter.
- Over the last five years, Tax Rate for MIND reached as high as 732.31% in Q2 2026 and fell as low as 43.49% in Q2 2025.
- The 5-year median for Tax Rate is 24.3% (2024), against an average of 79.36%.
- Annual changes were most pronounced in 2024 — Tax Rate slumped 12279 bps — and 2026, when it surged 77580 bps.
- A 5-year view of Tax Rate shows it stood at 1.36% in 2022, then slumped by 417 bps to 7.01% in 2023, then soared by 432 bps to 23.29% in 2024, then surged by 295 bps to 92.03% in 2025, then soared by 696 bps to 732.31% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 732.31%, 333.0%, and 92.03% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | 1.45% |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 19.94% |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | -41.92% |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 18.62% |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | 16.63% |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 24.68% |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 16.28% |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 24.59% |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | 14.27% |
| 10 | Mind Technology | 42.95 Mn | 25.25 Mn | 4.10 Mn | 732.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 732.31% |
| Apr 30, 2026 | 732.31% |
| Jan 31, 2026 | 333.00% |
| Jan 31, 2026 | 333.00% |
| Oct 31, 2025 | 92.03% |
| Oct 31, 2025 | 92.03% |
| Jul 31, 2025 | 25.78% |
| Jul 31, 2025 | 25.78% |
| Apr 30, 2025 | -43.49% |
| Apr 30, 2025 | -43.49% |
| Jan 31, 2025 | 25.31% |
| Jan 31, 2025 | 25.31% |
| Oct 31, 2024 | 23.29% |
| Oct 31, 2024 | 23.29% |
| Jul 31, 2024 | 44.80% |
| Jul 31, 2024 | 44.80% |
| Apr 30, 2024 | 20.42% |
| Apr 30, 2024 | 20.42% |
| Jan 31, 2024 | 33.42% |
| Jan 31, 2024 | 33.42% |