Mind Cti (MNDO) Cost of Revenue (2009 - 2026)
Mind Cti's Cost of Revenue was $2.06 million in Q2 2026, down 20.9% from $2.6 million a year earlier and down 12.3% from the prior quarter.
Mind Cti (MNDO) Cost of Revenue (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Mind Cti's Cost of Revenue was $8.85 million through Jun 30, 2026, down 14.5% year-over-year; for FY2025, it was $18.72 million, down 9.6% from FY2024.
- Cost of Revenue shows a five-year compound annual growth rate of 10.9% (FY2020 to FY2025).
- In earlier years, Cost of Revenue was $20.72 million in FY2024 (-1.6%), $21.05 million in FY2023 (+0.5%), $20.94 million in FY2022 (-15.5%) and $24.78 million in FY2021 (+122.2%).
- The Q2 2026 figure marks the lowest quarterly Cost of Revenue since Q1 2019.
- Compared with a year earlier, Cost of Revenue has declined for four straight quarters, with an average decline of 8.9% over the last eight quarters.
- The best year-over-year quarter for Cost of Revenue over five years was Q3 2021 (growth of 24.2%); the worst was Q2 2022 (a decline of 30.7%).
- Per Business Quant data, MNDO's Cost of Revenue in the three quarters before Q2 2026 was $2.35 million (Q1 2026), $2.18 million (Q4 2025) and $2.27 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 453.55 Bn | 422.61 Bn | 1.64 Bn | 296.87 Mn |
| 2 | Oracle | 430.98 Bn | 303.54 Bn | - | - |
| 3 | Sap Se | 256.23 Bn | 177.31 Bn | 8.40 Bn | 3.08 Bn |
| 4 | Salesforce | 193.08 Bn | 148.96 Bn | 8.70 Bn | 2.65 Bn |
| 5 | ServiceNow | 138.94 Bn | 117.40 Bn | 2.82 Bn | 1.17 Bn |
| 6 | Automatic Data Processing | 102.51 Bn | 84.63 Bn | 2.51 Bn | 2.96 Bn |
| 7 | Intuit | 75.44 Bn | 54.79 Bn | 3.44 Bn | 910.00 Mn |
| 8 | Relx | 60.79 Bn | 57.76 Bn | - | - |
| 9 | Strategy | 56.32 Bn | 49.31 Bn | 81.55 Mn | 40.82 Mn |
| 10 | Mind Cti | 20.58 Mn | -10.48 Mn | 2.55 Mn | 2.06 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.06 Mn |
| Mar 31, 2026 | 2.35 Mn |
| Dec 31, 2025 | 2.18 Mn |
| Sep 30, 2025 | 2.27 Mn |
| Jun 30, 2025 | 2.60 Mn |
| Mar 31, 2025 | 2.49 Mn |
| Dec 31, 2024 | 2.31 Mn |
| Sep 30, 2024 | 2.95 Mn |
| Jun 30, 2024 | 2.47 Mn |
| Mar 31, 2024 | 2.97 Mn |
| Dec 31, 2023 | 2.83 Mn |
| Sep 30, 2023 | 2.59 Mn |
| Jun 30, 2023 | 2.54 Mn |
| Mar 31, 2023 | 2.79 Mn |
| Dec 31, 2022 | 2.59 Mn |
| Sep 30, 2022 | 2.47 Mn |
| Jun 30, 2022 | 2.38 Mn |
| Mar 31, 2022 | 2.61 Mn |
| Dec 31, 2021 | 2.67 Mn |
| Sep 30, 2021 | 3.55 Mn |
Mind Cti Cost of Revenue 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=cost-of-revenue&ticker=MNDO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "MNDO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MNDO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();