Mind Technology (MIND) Work In Process (2012 - 2025)
Mind Technology (MIND) reported 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 13 years of Work In Process data on file, last reported at $2.3 million in Q4 2025.
- Work In Process for Q4 2025 came in at $2.3 million, down 42.97% year-over-year; the trailing twelve-month figure through Oct 2025 was $2.3 million (down 42.97% YoY), and the FY2025 annual result was $2.8 million, down 24.05% from the prior year.
- Work In Process grew to $2.3 million in Q4 2025 per MIND's latest filing, 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.
- The sharpest annual moves came in 2024 and 2025: Work In Process jumped 37.42% in 2024, then slumped 80.57% in 2025.
- 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 sank 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn |
| 10 | Mind Technology | 48.89 Mn | 29.79 Mn | 3.99 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 |