Invesaro

Stocks Industrials MIND

NASDAQ · Industrials

Mind Technology, Inc (MIND)

Mind Technology, Inc brought in $34.8M of revenue over the twelve months to July 31, 2026, down 28.5% from a year earlier. It posted a net loss of $2.4M. Operating cash flow minus capital spending left $1.9M of free cash flow in fiscal 2026. At July 31, 2026 it held $15.8M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on September 9, 2026.

Free, no password. An email when MIND files with the SEC.

Price
$3.12
-4.15% on the day · November 10, 2026
52-week range $3.04 to $14.50
Market cap
$28.3M
Revenue (last 12 months)
$34.8M
-28.5% year on year
Net margin
-6.8%
P/E
34.6
on FY2026 diluted EPS

Key facts about Mind Technology, Inc

Net worth
Mind Technology, Inc has a market value (market cap) of $28.3M at the latest share price, and shareholders' equity of $40.3M on its balance sheet at July 31, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Revenue and profit
In fiscal 2026 revenue was $40.9M (-12.6% year on year), with net income of $750K. Over the 12 months to July 31, 2026: revenue $34.8M, net loss $2.4M.
Cash flow
In fiscal 2026 operations brought in $2.6M of cash; after $663K of capital spending, free cash flow was $1.9M.
Latest report
The latest periodic report (quarterly report, 10-Q) was filed with the SEC on September 9, 2026 and covers the period to July 31, 2026. Open on SEC EDGAR
Next earnings report
Mind Technology, Inc's next report is expected around December 8, 2026. That is an estimate from its filing rhythm, not a date the company has announced.

What Mind Technology, Inc does

Mind Technology, Inc is registered with the SEC under industry code SIC 3812 (Search, Detection, Navigation, Guidance, Aeronautical Sys). Its shares trade on NASDAQ under the ticker MIND.

Revenue and profit by year

Revenue
FY19: $42.9M $42.9M FY19FY20: $42.7M $42.7M FY20FY21: $21.2M $21.2M FY21FY22: $23.1M $23.1M FY22FY23: $25M $25M FY23FY24: $36.5M $36.5M FY24FY25: $46.9M $46.9M FY25FY26: $40.9M $40.9M FY26
Net income
FY19: -$19.8M -$19.8M FY19FY20: -$11.3M -$11.3M FY20FY21: -$20.3M -$20.3M FY21FY22: -$15.1M -$15.1M FY22FY23: -$8.8M -$8.8M FY23FY24: $274K $274K FY24FY25: $5.1M $5.1M FY25FY26: $750K $750K FY26

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2026$40.9M$2.9M$750K$0.09$1.9M
2025$46.9M$6.8M$5.1M$4.32$214K
2024$36.5M$518K$274K-$2.50-$5.3M
2023$25M-$5.7M-$8.8M-$0.92-$3.5M
2022$23.1M-$14.5M-$15.1M-$1.31-$18M
2021$21.2M-$14.3M-$20.3M-$1.80-$6.5M

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Next report expected around December 8, 2026.

Estimated from its filing rhythm: 52 weeks after its report of December 9, 2025. Not a date the company has announced. See the report calendar · Earnings, quarter by quarter

Where MIND ranks in Industrials

Revenue$40.9M
#447 of 603 in Industrials · Bottom 26%
Revenue growth-12.6%
#467 of 520 in Industrials · Bottom 10%
Net margin1.8%
#295 of 523 in Industrials · Bottom 44%
Free cash flow margin4.7%
#250 of 489 in Industrials · Bottom 49%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Industrials

Latest SEC filings

What Mind Technology, Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 9, 2026
    Quarterly report 10-Q · period to July 31, 2026Revenue fell 59% to $5.6M versus the same quarter last year; diluted EPS -$0.19 versus $0.24.
  2. September 8, 2026
  3. July 23, 2026
  4. June 11, 2026
    Quarterly report 10-Q · period to April 30, 2026Revenue rose 22% to $9.7M versus the same quarter last year; diluted EPS -$50.00 versus -$120.00.
  5. June 10, 2026
  6. June 1, 2026
  7. June 1, 2026
  8. April 20, 2026
    Annual report 10-K · period to January 31, 2026Revenue fell 13% to $40.9M versus the prior year; diluted EPS $0.09 versus $4.32.
  9. April 15, 2026
  10. December 11, 2025
    Quarterly report 10-Q · period to October 31, 2025Revenue fell 20% to $9.7M versus the same quarter last year; diluted EPS $0.01 versus $2.87.

Recent insider filings (Forms 3, 4 and 144): 10, the latest on July 31, 2026. Insider transactions on SEC

What is MIND worth? A DCF from its reported cash flow

Insider trades

What the people running Mind Technology, Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider trades were reported in the last 90 days.

Bought (open market)
$0
last 90 days
Sold
$0
last 90 days

All insider filings on SEC.gov · Where insiders are buying across the market

All filings on SEC EDGAR

Questions about MIND

What does Mind Technology, Inc do?

Mind Technology, Inc is a company in the Industrials sector, listed on NASDAQ as MIND. Its shares trade on NASDAQ under the ticker MIND.

What is Mind Technology, Inc's net worth?

Mind Technology, Inc has a market value (market cap) of $28.3M at the latest share price, and shareholders' equity of $40.3M on its balance sheet at July 31, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is Mind Technology, Inc profitable?

No. Over the twelve months to July 31, 2026 it reported a net loss of $2.4M on revenue of $34.8M.

How much revenue does Mind Technology, Inc make?

Over the twelve months to July 31, 2026 Mind Technology, Inc reported revenue of $34.8M. That is 28.5% less than a year earlier.

When did Mind Technology, Inc last report?

Its most recent periodic report is the quarterly report (10-Q) filed on September 9, 2026. It covers the period to July 31, 2026.

When is Mind Technology, Inc's next earnings report?

Mind Technology, Inc's next report is expected around December 8, 2026. That is an estimate from its filing rhythm, not a date the company has announced.

Similar companies

Compare MIND with

Compare MIND with any company

Follow MIND

Get an email when Mind Technology, Inc files with the SEC: results, executive changes, material agreements and annual reports.

Free, no password. An email when MIND files with the SEC.

Where the numbers come from

Financial figures are the values Mind Technology, Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.