MIND TECHNOLOGY, INC (MIND)
↓ Download CSV- Sector Manufacturing
- Incorporated DE
- Fiscal year ends Jan 31
In fiscal 2026, MIND TECHNOLOGY, INC reported revenue of $40.95M, down 12.6% from the prior year. The company was profitable, with a net margin of 1.8% and a gross margin of 45.6%. It held $49.27M in total assets against $7.85M in total liabilities.
Key ratios (FY2026)
45.6%
Gross margin
7.0%
Operating margin
1.8%
Net margin
1.8%
Return on equity
-12.6%
Revenue growth (YoY)
| Metric (FY) | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $40.95M | $46.86M | $36.51M | $25.01M | $23.11M | $21.21M | $29.92M | $25.77M | $0 | — |
| Cost of Revenue | — | — | — | — | — | — | $26.05M | $31.20M | $42.19M | $48.41M |
| Gross Profit | $18.66M | $20.97M | $15.97M | $9.95M | $6.02M | $7.31M | $12.95M | $11.74M | $6.08M | -$7.41M |
| Operating Income | $2.86M | $6.82M | $518.0K | -$5.65M | -$14.54M | -$14.33M | -$6.29M | -$13.02M | -$19.71M | -$31.29M |
| Net Income | $750.0K | $5.07M | $274.0K | -$8.83M | -$15.09M | -$20.31M | -$11.29M | -$19.84M | -$21.07M | -$33.15M |
| EPS (Diluted) | $0.09 | $4.32 | $-2.50 | $-8.98 | $-1.31 | $-1.80 | $-1.10 | $-1.78 | $-1.82 | $-2.79 |
| Total Assets | $49.27M | $36.72M | $33.49M | $32.86M | $42.02M | $39.76M | $58.23M | $65.30M | $73.68M | $94.71M |
| Total Liabilities | $7.85M | $9.39M | $10.85M | $9.81M | $11.76M | $9.35M | $10.58M | $8.62M | $7.83M | $13.78M |
| Shareholders' Equity | $41.42M | $27.33M | $22.64M | $23.05M | $30.26M | $30.42M | $47.65M | $56.68M | $65.85M | $80.93M |
| Cash & Equivalents | $19.05M | $5.34M | $5.29M | $778.0K | $5.11M | $4.61M | $3.09M | $9.39M | $9.90M | $2.90M |
| Operating Cash Flow | $2.59M | $651.0K | -$4.97M | -$2.90M | -$17.13M | -$6.36M | -$5.82M | -$5.46M | $719.0K | $3.15M |
| Capital Expenditures | $663.0K | $437.0K | $290.0K | $570.0K | $834.0K | $90.0K | $1.04M | $814.0K | $407.0K | $283.0K |
| Shares Outstanding | 8.33M | 4.08M | 1.4K | 1.41M | 13.77M | 12.52M | 12.14M | 12.11M | 12.08M | 12.07M |