Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Consolidated Net IncomeDepreciation & Amortization - TotalEBITEBITDAEBTEPS (Basic)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 Outstanding (Weighted Average)Tax ProvisionsTax Rate
Others
Ratios

Mind Technology (MIND) Tax Rate (2016 - 2025)

Mind Technology (MIND) has disclosed Tax Rate for 16 consecutive years, with 25.15% as the latest value for Q3 2025.

  • On a quarterly basis, Tax Rate fell 1965.0% to 25.15% in Q3 2025 year-over-year; TTM through Jul 2025 was 32.0%, a 1511.0% increase, with the full-year FY2025 number at 28.11%, up 1020.0% from a year prior.
  • Tax Rate was 25.15% for Q3 2025 at Mind Technology, up from 43.49% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 143.21% in Q2 2023 to a low of 43.49% in Q2 2025.
  • A 5-year average of 12.67% and a median of 3.15% in 2023 define the central range for Tax Rate.
  • Peak YoY movement for Tax Rate: surged 15134bps in 2023, then crashed -12279bps in 2024.
  • Mind Technology's Tax Rate stood at 2.92% in 2021, then surged by 42bps to 1.68% in 2022, then tumbled by -321bps to 7.08% in 2023, then skyrocketed by 420bps to 22.7% in 2024, then grew by 11bps to 25.15% in 2025.
  • Per Business Quant, the three most recent readings for MIND's Tax Rate are 25.15% (Q3 2025), 43.49% (Q2 2025), and 25.61% (Q1 2025).