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
DateValue
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