Coda Octopus vs Mind Technology: revenue, profit, margins and growth compared
Coda Octopus brought in $26.6M of revenue in fiscal 2025, Mind Technology $40.9M in fiscal 2026. Revenue changed by +30.7% at Coda Octopus and -12.6% at Mind Technology on the year before, so Coda Octopus grew faster. Coda Octopus kept 15.5% of its revenue as net profit, Mind Technology 1.8%. Free cash flow was $6M at Coda Octopus and $1.9M at Mind Technology.
Fiscal years as each company reports them; the two may end in different months.
Questions about Coda Octopus and Mind Technology
Which is bigger by revenue, Coda Octopus or Mind Technology?
Mind Technology is bigger by revenue: $40.9M in fiscal 2026, against $26.6M for Coda Octopus in fiscal 2025.
Which keeps more of its revenue as profit, Coda Octopus or Mind Technology?
Coda Octopus had a net margin of 15.5% in fiscal 2025; Mind Technology had 1.8% in fiscal 2026.
Which grew revenue faster, Coda Octopus or Mind Technology?
In their latest fiscal years revenue changed by +30.7% at Coda Octopus and -12.6% at Mind Technology.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.