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Consolidated Net IncomeCost of RevenueDepreciation & Amortization - TotalEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)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 OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateTax Rate
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Ratios

Mind Technology (MIND) Tax Rate (2016 - 2026)

Mind Technology has reported Tax Rate over the past 17 years, most recently at 6.04% for Q1 2026.

  • Quarterly Tax Rate fell 3045.0% to 6.04% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 28.16% through Jan 2026, down 5608.0% year-over-year, with the annual reading at 28.39% for FY2026, 5601.0% down from the prior year.
  • Tax Rate was 6.04% for Q1 2026 at Mind Technology, down from 92.03% in the prior quarter.
  • Over five years, Tax Rate peaked at 143.21% in Q2 2023 and troughed at 43.49% in Q2 2025.
  • The 5-year median for Tax Rate is 1.36% (2022), against an average of 15.84%.
  • Year-over-year, Tax Rate surged 15134bps in 2023 and then plummeted -12277bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 1.36% in 2022, then plummeted by -417bps to 7.01% in 2023, then soared by 432bps to 23.29% in 2024, then surged by 295bps to 92.03% in 2025, then tumbled by -107bps to 6.04% in 2026.
  • Per Business Quant, the three most recent readings for MIND's Tax Rate are 6.04% (Q1 2026), 92.03% (Q4 2025), and 25.77% (Q3 2025).