Mind Technology (MIND) Work In Process (2012 - 2025)
Mind Technology's (MIND) quarterly Work In Process came in at $2.3 million in Q4 2025, down 42.97% year-over-year from $4.1 million in Q4 2024, and up 84.76% quarter-over-quarter from $1.3 million in Q3 2025.
Analysis
Mind Technology (MIND) Work In Process (2012 - 2025) Analysis & Trends
Mind Technology (MIND) has reported Work In Process for 13 consecutive years, with $2.3 million the latest figure, recorded in Q4 2025.
- On a quarterly basis, Work In Process fell 42.97% year-over-year to $2.3 million in Q4 2025; TTM through Oct 2025 was $2.3 million, a 42.97% decrease from a year earlier, with the FY2025 full-year figure at $2.8 million, down 24.05% from the prior year.
- Work In Process was $2.3 million for Q4 2025 at Mind Technology, up from $1.3 million in the prior quarter.
- Over five years, Work In Process peaked at $6.4 million in Q3 2024 and troughed at $1.3 million in Q3 2025.
- A 4-year average of $3.4 million and a median of $3.2 million in 2025 frame the typical range for Work In Process.
- Across the five-year window, Work In Process soared 37.42% in 2024 and tumbled 80.57% in 2025, its largest moves.
- Over 4 years, Work In Process stood at $2.4 million in 2021, then soared by 50.5% to $3.6 million in 2023, then climbed by 12.19% to $4.1 million in 2024, then slumped by 42.97% to $2.3 million in 2025.
- The last three Work In Process figures came in at $2.3 million (Q4 2025), $1.3 million (Q3 2025), and $3.2 million (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | 3M | 84.63 Bn | 81.30 Bn | 2.68 Bn |
| 2 | Illinois Tool Works | 75.96 Bn | 75.12 Bn | 1.90 Bn |
| 3 | Ametek | 53.68 Bn | 53.19 Bn | 735.04 Mn |
| 4 | Rockwell Automation | 46.83 Bn | 46.35 Bn | 1.14 Bn |
| 5 | Mettler Toledo International | 25.77 Bn | 25.72 Bn | 650.22 Mn |
| 6 | Dover | 25.23 Bn | 23.47 Bn | 880.61 Mn |
| 7 | Nordson | 17.11 Bn | 17.00 Bn | 453.73 Mn |
| 8 | Fortive | 16.56 Bn | 16.19 Bn | 695.30 Mn |
| 9 | RBC Bearings | 15.05 Bn | 14.92 Bn | 247.80 Mn |
| 10 | Mind Technology | 35.31 Mn | 17.61 Mn | 4.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Oct 31, 2025 | 2.32 Mn |
| Jul 31, 2025 | 1.25 Mn |
| Apr 30, 2025 | 3.20 Mn |
| Jan 31, 2025 | 2.82 Mn |
| Oct 31, 2024 | 4.06 Mn |
| Jul 31, 2024 | 6.45 Mn |
| Apr 30, 2024 | 5.09 Mn |
| Jan 31, 2024 | 3.71 Mn |
| Oct 31, 2023 | 3.62 Mn |
| Jul 31, 2023 | 4.88 Mn |
| Apr 30, 2023 | 4.08 Mn |
| Jan 31, 2023 | 2.70 Mn |
| Jul 31, 2021 | 2.40 Mn |
| Apr 30, 2021 | 2.45 Mn |
| Jan 31, 2021 | 2.45 Mn |
| Oct 31, 2020 | 2.70 Mn |
| Jul 31, 2020 | 3.42 Mn |
| Apr 30, 2020 | 3.74 Mn |
| Jan 31, 2020 | 2.72 Mn |
| Oct 31, 2019 | 3.73 Mn |