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% year-over-year from $4.1 million in Q4 2024, and up 84.76% quarter-over-quarter from $1.3 million in Q3 2025.
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.
- 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 improved to $2.3 million in Q4 2025 per MIND's latest filing, from $1.3 million in the prior quarter.
- Across five years, Work In Process topped out at $6.4 million in Q3 2024 and bottomed at $1.3 million in Q3 2025.
- Historically, Work In Process has averaged $3.4 million across 4 years, with a median of $3.2 million in 2025.
- Annual changes were most pronounced in 2024 — Work In Process jumped 37.42% — and 2025, when it slumped 80.57%.
- Mind Technology's Work In Process stood at $2.4 million in 2021, then surged by 50.5% to $3.6 million in 2023, then increased by 12.19% to $4.1 million in 2024, then slumped by 42.97% to $2.3 million in 2025.
- Business Quant data shows MIND's Work In Process at $2.3 million in Q4 2025, $1.3 million in Q3 2025, and $3.2 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Garmin | 56.50 Bn | 53.83 Bn | 1.26 Bn |
| 2 | Keysight Technologies | 54.05 Bn | 51.64 Bn | 1.18 Bn |
| 3 | Coherent | 51.08 Bn | 49.09 Bn | 787.08 Mn |
| 4 | Teledyne Technologies | 29.39 Bn | 29.05 Bn | 738.10 Mn |
| 5 | Mks | 19.03 Bn | 18.41 Bn | 595.00 Mn |
| 6 | Fortive | 18.08 Bn | 17.71 Bn | 695.30 Mn |
| 7 | Trimble | 13.91 Bn | 13.70 Bn | 674.90 Mn |
| 8 | Cognex | 9.98 Bn | 9.58 Bn | 205.77 Mn |
| 9 | Esco Technologies | 7.37 Bn | 7.30 Bn | 141.52 Mn |
| 10 | Mind Technology | 42.04 Mn | 24.34 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 |