Mind Technology (MIND) Work In Process (2012 - 2025)
Mind Technology (MIND) posted quarterly Work In Process of $2.3 million for Q4 2025, down 42.97% YoY from $4.1 million in Q4 2024, and up 84.76% sequentially from $1.3 million in Q3 2025.
Mind Technology (MIND) Work In Process (2012 - 2025) Analysis & Trends
Mind Technology has disclosed Work In Process across 13 years of filings, most recently posting $2.3 million for Q4 2025.
- In Q4 2025, Work In Process fell 42.97% year-over-year to $2.3 million; the TTM figure through Oct 2025 stood at $2.3 million (down 42.97% YoY), while the FY2025 annual figure was $2.8 million, down 24.05% from the prior year.
- Work In Process climbed to $2.3 million in Q4 2025, from $1.3 million in the prior quarter.
- Over the last five years, Work In Process for MIND reached as high as $6.4 million in Q3 2024 and fell as low as $1.3 million in Q3 2025.
- The 4-year median for Work In Process is $3.2 million (2025), against an average of $3.4 million.
- Annual changes were most pronounced in 2024 — Work In Process jumped 37.42% — and 2025, when it plunged 80.57%.
- A 4-year view of Work In Process shows it stood at $2.4 million in 2021, then jumped by 50.5% to $3.6 million in 2023, then grew by 12.19% to $4.1 million in 2024, then tumbled by 42.97% to $2.3 million in 2025.
- According to Business Quant data, Work In Process over the past three periods registered $2.3 million, $1.3 million, and $3.2 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn |
| 10 | Mind Technology | 42.95 Mn | 25.25 Mn | 4.10 Mn |
Historic Data
Download 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 |