Growth Metrics

Mind Technology (MIND) Work In Process (2016 - 2025)

Mind Technology (MIND) has disclosed Work In Process for 14 consecutive years, with $2.3 million as the latest value for Q4 2025.

  • On a quarterly basis, Work In Process fell 42.97% to $2.3 million in Q4 2025 year-over-year; TTM through Oct 2025 was $2.3 million, a 42.97% decrease, with the full-year FY2025 number at $2.8 million, down 24.05% from a year prior.
  • Work In Process was $2.3 million for Q4 2025 at Mind Technology, up from $1.3 million in the prior quarter.
  • In the past five years, Work In Process ranged from a high of $6.4 million in Q3 2024 to a low of $1.3 million in Q3 2025.
  • A 5-year average of $3.5 million and a median of $3.4 million in 2022 define the central range for Work In Process.
  • Peak YoY movement for Work In Process: surged 79.06% in 2022, then plummeted 80.57% in 2025.
  • Mind Technology's Work In Process stood at $2.5 million in 2021, then soared by 79.06% to $4.4 million in 2022, then fell by 18.46% to $3.6 million in 2023, then increased by 12.19% to $4.1 million in 2024, then tumbled by 42.97% to $2.3 million in 2025.
  • Per Business Quant, the three most recent readings for MIND's Work In Process are $2.3 million (Q4 2025), $1.3 million (Q3 2025), and $3.2 million (Q2 2025).