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
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