Mind Technology (MIND) Work In Process (2012 - 2025)
Mind Technology (MIND) recorded Work In Process of $2.32 million in fiscal Q3 2026 (quarter ended Oct 31, 2025), down 43.0% from $4.06 million a year earlier but up 84.8% from the prior quarter.
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Analysis
Mind Technology (MIND) Work In Process (2012 - 2025) Analysis & Trends
At the end of FY2025 (ended Jan 31, 2025), Mind Technology reported Work In Process of $2.82 million, down 24.0% from FY2024.
- Annual Work In Process has a five-year compound annual growth rate of 0.7% (FY2020 to FY2025).
- Across earlier fiscal years, Work In Process came in at $3.71 million in FY2024 (+37.4%), $2.7 million in FY2023 and $2.45 million in FY2021 (-10.1%).
- Quarterly Work In Process has ranged from $1.25 million in fiscal Q2 2026 to $6.45 million in fiscal Q2 2025 over the past five years.
- On a year-over-year basis, Work In Process has declined for four consecutive quarters, with an average decline of 9.8% over the last eight quarters.
- Peak year-over-year performance for Work In Process in the last five years was growth of 37.4% in fiscal Q4 2024, against a decline of 80.6% in fiscal Q2 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $1.25 million (Q2 2026), $3.2 million (Q1 2026) and $2.82 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn |
| 10 | Mind Technology | 39.26 Mn | -32.74 Mn | 2.09 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 |
API Access
Mind Technology Work In Process API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=work-in-process&ticker=MIND&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "ticker": "MIND", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=work-in-process&ticker=MIND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();