Norway was Mind Technology’s largest region in fiscal 2026, bringing in $21.11M of $40.95M (52%).
| Geography | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|---|---|---|---|
| Norway | — | $14.39M | $21.96M | $21.11M | |||
| China | — | $7.67M | $17.72M | $10.90M | |||
| Uk & Europe | $11.84M | — | — | — | |||
| Uk/Europe | — | — | — | — | |||
| Europe, Russia & Cis | — | — | — | — | |||
| Asia / South Pacific | — | — | — | — | |||
| Asia/South Pacific | — | — | — | — | |||
| Canada | $10.76M | $1.88M | — | — | |||
| Türkiye | — | $5.22M | $634.00K | $2.12M | |||
| United States | $1.99M | $1.09M | $2.48M | $3.01M | |||
| Other Countries | $435.00K | $4.08M | $3.37M | $2.70M | |||
| Middle East & Africa | — | — | — | — | |||
| Singapore | — | $2.19M | $366.00K | — | |||
| Japan | — | — | $340.00K | $1.12M | |||
| Asia Pacific | — | — | — | — | |||
| Eurasia | — | — | — | — | |||
| Latin America | — | — | — | — | |||
| Total | $25.01M | $36.51M | $46.86M | $40.95M |
Mind Technology brought in $40.95M from its six regions in fiscal 2026, the year ended January 31, 2026. Mind Technology regrouped these regions after fiscal 2025, so the total does not compare directly with that year's $46.86M. Norway was the largest at $21.11M (51.6%), ahead of China at $10.90M (26.6%) and United States at $3.01M (7.3%). The other three regions brought in $5.94M combined.
Compared with fiscal 2025, Türkiye grew fastest, up 233.8% to $2.12M, while China fell the most, down 38.5% to $10.90M.
Mind Technology began breaking out Norway in fiscal 2024, China in fiscal 2024, Türkiye in fiscal 2024 and Japan in fiscal 2025. Mind Technology stopped reporting Uk & Europe ($11.84M in fiscal 2023), Canada ($1.88M in fiscal 2024) and Singapore ($366.00K in fiscal 2025) as separate regions.
Transferred At Point In Time was Mind Technology’s largest revenue line in fiscal 2026, bringing in $39.61M of $40.95M (97%).
| Timing of Transfer of Good or Service | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|---|---|---|---|
| Transferred At Point In Time | $22.54M | $35.56M | $45.19M | $39.61M | |||
| Revenue Recognized At A Point In Time | — | — | — | — | |||
| Transferred Over Time | $2.47M | $954.00K | $1.67M | $1.34M | |||
| Revenue Recognized Over Time | — | — | — | — | |||
| Total | $25.01M | $36.51M | $46.86M | $40.95M |
Mind Technology brought in $40.95M from its two revenue lines in fiscal 2026, the year ended January 31, 2026. That was down 12.6% from $46.86M in fiscal 2025. Transferred At Point In Time was the largest at $39.61M (96.7%), ahead of Transferred Over Time at $1.34M (3.3%).
Compared with fiscal 2025, Transferred At Point In Time fell 12.4% to $39.61M and Transferred Over Time fell 19.9% to $1.34M. From fiscal 2023 to 2026, combined revenue from these revenue lines grew from $25.01M to $40.95M, a compound annual growth rate of 17.9%. Transferred At Point In Time's share of the total rose from 90.1% to 96.7%.
Seamap was Mind Technology’s largest product and service line in fiscal 2022, bringing in $17.29M of $23.11M (75%).
| Product and Service | FY 2020 | FY 2021 | FY 2022 |
|---|---|---|---|
| Seamap | $22.35M | $17.07M | $17.29M |
| Klein | $7.47M | $4.15M | $5.81M |
| Sap | $101.00K | — | — |
| Total | $29.92M | $21.22M | $23.11M |
Mind Technology brought in $23.11M from its two product and service lines in fiscal 2022, the year ended January 31, 2022. That was up 8.9% from $21.22M in fiscal 2021. Seamap was the largest at $17.29M (74.8%), ahead of Klein at $5.81M (25.2%).
Compared with fiscal 2021, Klein grew 40.3% to $5.81M and Seamap grew 1.3% to $17.29M.
Mind Technology stopped reporting Sap as a separate line after fiscal 2020, when it brought in $101.00K.
Mind Technology (MIND) reports its revenue by geography, by timing of transfer of good or service and by product and service. In fiscal 2026, Norway was its largest region, bringing in $21.11M (51.6% of the total), followed by China at $10.90M (26.6%).
Norway was Mind Technology's largest region in fiscal 2026, bringing in $21.11M, or 51.6% of the $40.95M total across its six regions.
Transferred At Point In Time was Mind Technology's largest revenue line in fiscal 2026, bringing in $39.61M, or 96.7% of the $40.95M total across its two revenue lines.
Seamap was Mind Technology's largest product and service line in fiscal 2022, bringing in $17.29M, or 74.8% of the $23.11M total across its two product and service lines.
Klein grew faster than Seamap in fiscal 2022, up 40.3% from $4.15M to $5.81M. Seamap grew 1.3% to $17.29M.
Every figure comes from Mind Technology's annual financial filings, as reported. Each line keeps the name Mind Technology gives it, and years follow its fiscal calendar.
Mind Technology's revenue by geography goes back to fiscal 2020, with figures through fiscal 2026. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.