Mind Technology (MIND) Tax Rate (2009 - 2026)
Mind Technology (MIND) posted Tax Rate of 732.31% for fiscal Q1 2027 (quarter ended Apr 30, 2026), up 506.81 percentage points from the prior quarter.
Mind Technology (MIND) Tax Rate (2009 - 2026) Analysis & Trends
For the trailing twelve months through Apr 30, 2026, Tax Rate at Mind Technology was 63.49%, up 24.26 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it was 74.15%, up 46.04 percentage points from FY2025.
- In prior fiscal years, Mind Technology's Tax Rate was 28.11% in FY2025 (-534.07 pp) and 562.18% in FY2024.
- The fiscal Q1 2027 figure stands as the highest quarterly Tax Rate in data going back to fiscal Q3 2011.
- On a year-over-year basis, Tax Rate increased in two of the last four quarters, with an average year-over-year change of +60.45 percentage points.
- According to Business Quant data, Tax Rate for the three prior fiscal quarters was 225.50% (Q4 2026), 92.03% (Q3 2026) and 25.77% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 22.94% |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 27.38% |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 21.24% |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 22.25% |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 15.63% |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 25.27% |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 24.40% |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 23.15% |
| 10 | Mind Technology | 27.63 Mn | -44.37 Mn | 2.09 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 732.31% |
| Jan 31, 2026 | 225.50% |
| Oct 31, 2025 | 92.03% |
| Jul 31, 2025 | 25.77% |
| Jan 31, 2025 | 25.24% |
| Oct 31, 2024 | 23.29% |
| Jul 31, 2024 | 44.80% |
| Apr 30, 2024 | 20.42% |
| Jan 31, 2024 | 33.41% |
| Apr 30, 2023 | 143.21% |
| Jan 31, 2023 | 30.64% |
| Apr 30, 2014 | 22.88% |
| Jan 31, 2014 | 18.22% |
| Apr 30, 2013 | 20.36% |
| Apr 30, 2012 | 23.57% |
| Jan 31, 2012 | 30.59% |
| Oct 31, 2011 | 25.32% |
| Jul 31, 2011 | 40.04% |
| Apr 30, 2011 | 27.99% |
| Jan 31, 2011 | 37.06% |
Mind Technology Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=MIND&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "MIND", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=MIND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();