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MIND Technology, Inc.(MIND)Earnings, Financials & Key Ratios
MIND•NASDAQ
52.7× P/E·Price updated Jun 19, 2026
AboutMIND Technology, Inc., together with its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic, and maritime security industries. The company's products include the GunLink seismic source acquisition and control systems that provide operators of marine seismic surveys with precise monitoring and control of energy sources; the BuoyLink RGPS tracking system, which is used to offer precise positioning of marine seismic energy sources and streamers; Digishot energy source controllers; Sleeve Gun energy sources; and SeaLink product line of marine sensors and solid streamer systems. It also provides streamer weight collars, depth and pressure transducers, air control valves, and source array systems; spare and replacement parts; and repair and engineering services, training and field service operations, and umbilical terminations, as well as side scan sonar equipment and systems. The company markets its products to governmental and commercial customers through internal sales organization and a network of distributors and representatives. It operates in the United States, Europe, Canada, Latin America, the Asia/South Pacific, Eurasia, and internationally. The company was formerly known as Mitcham Industries, Inc. MIND Technology, Inc. was incorporated in 1987 and is headquartered in The Woodlands, Texas.Show more
- Revenue$41M-12.6%
- EBITDA$4M-51.9%
- Net Income$750K-85.2%
- EPS (Diluted)0.10-84.4%
- Gross Margin43.45%+1.7%
- EBITDA Margin9.11%-45.0%
- Operating Margin6.98%-52.0%
- Net Margin1.83%-83.1%
- ROE2.18%-89.3%
MIND Key Insights
MIND Technology, Inc. (MIND) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 14.1%
- ✓Trading at only 1.2x book value
✗Weaknesses
- ✗Weak 3Y average ROE of 4.5%
- ✗Weak momentum: RS Rating 14 (bottom 14%)
- ✗Shares diluted 13.4% in last year
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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MIND Price & Volume
MIND Technology, Inc. (MIND) stock price & volume — 10-year historical chart
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MIND Growth Metrics
MIND Technology, Inc. (MIND) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-2.33%
5 Years14.06%
3 Years17.86%
TTM-5.26%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-58.44%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-94.22%
Return on Capital
10 Years-14.71%
5 Years-5.9%
3 Years12.32%
Last Year8.18%
MIND Recent Earnings
MIND Technology, Inc. (MIND) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 4/12 qtrs (36%)●Beat Revenue 4/12 qtrs (33%)
Q3 2026Latest
Jun 10, 2026Metric
Actual
Est
EPS
$0.05
—
Rev
$10M+2.3%
$9M
Q2 2026
Apr 15, 2026Metric
Actual
Est
EPS
$0.03-109.7%
$0.31
Rev
$10M-33.1%
$15M
Q4 2025
Dec 9, 2025Metric
Actual
Est
EPS
$0.01-93.8%
$0.16
Rev
$10M-11.1%
$11M
Q4 2025
Sep 9, 2025Metric
Actual
Est
EPS
$0.24+26.3%
$0.19
Rev
$14M+12.3%
$12M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q3 2026Latest | Jun 10, 2026 | $0.05 | $10Mvs $9M+2.3% |
| Q2 2026 | Apr 15, 2026 | $0.03vs $0.31-109.7% | $10Mvs $15M-33.1% |
| Q4 2025 | Dec 9, 2025 | $0.01vs $0.16-93.8% | $10Mvs $11M-11.1% |
| Q4 2025 | Sep 9, 2025 | $0.24vs $0.19+26.3% | $14Mvs $12M+12.3% |
Based on last 12 quarters of dataView full earnings history →
MIND Peer Comparison
MIND Technology, Inc. (MIND) competitors in Sensors, Controls and Smart Metering — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 GEOS | 93.4M | 7.22 | -9.50 | -18.29% | -28.86% | -24.22% | 0.01 | |
 TGS | 4.76B | 31.60 | 14.01 | 64.75% | 25.3% | 15.28% | 0.53 | |
 KNSL | 7.15B | 308.85 | 14.27 | 18.04% | 27.48% | 28.05% | 0.11 | |
 TDY | 28.7B | 619.58 | 32.82 | 7.86% | 15.15% | 8.94% | 0.25 | |
 HII | 11.24B | 285.43 | 18.55 | 8.23% | 4.71% | 12.05% | 0.62 | |
 LDOS | 13.47B | 107.07 | 9.62 | 3.07% | 7.77% | 27.1% | 1.19 | |
 OSIS | 3.67B | 222.78 | 25.58 | 11.33% | 8.42% | 16.74% | 0.72 | |
 LMT | 117.75B | 510.95 | 23.78 | 5.65% | 6.38% | 74.53% | 3.23 |
Compare MIND vs Peers
MIND Technology, Inc. (MIND) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MIND Income Statement
MIND Technology, Inc. (MIND) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Jan'18 | Jan'19 | Jan'20 | Jan'21 | Jan'22 | Jan'23 | Jan'24 | Jan'25 | Jan'26 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 48.28M | 42.94M | 29.92M | 21.21M | 23.11M | 25.01M | 36.51M | 46.86M | 40.95M | 42.72M |
Revenue Growth % | 17.75% | -11.05% | -30.33% | -29.09% | 8.92% | 8.24% | 45.97% | 28.36% | -12.62% | -5.26% |
Cost of Goods Sold | 44.34M | 33.7M | 19.46M | 16.7M | 19.29M | 16.41M | 21.72M | 26.84M | 23.16M | 23.93M |
COGS % of Revenue | 91.85% | 78.47% | 65.04% | 78.73% | 83.5% | 65.59% | 59.48% | 57.27% | 56.55% | - |
Gross Profit | 3.94M▲ 0% | 9.24M▲ 134.9% | 10.46M▲ 13.2% | 4.51M▼ 56.9% | 3.81M▼ 15.5% | 8.61M▲ 125.7% | 14.79M▲ 71.9% | 20.02M▲ 35.4% | 17.79M▼ 11.1% | 18.78M▲ 0% |
Gross Margin % | 8.15% | 21.53% | 34.96% | 21.27% | 16.5% | 34.41% | 40.52% | 42.73% | 43.45% | 43.97% |
Gross Profit Growth % | 140.11% | 134.86% | 13.15% | -56.85% | -15.51% | 125.7% | 71.89% | 35.35% | -11.15% | - |
Operating Expenses | 22.18M | 23.48M | 15.99M | 16.31M | 18.36M | 14.26M | 14.28M | 13.21M | 14.93M | 15.25M |
OpEx % of Revenue | 45.94% | 54.67% | 53.44% | 76.88% | 79.44% | 57% | 39.1% | 28.18% | 36.47% | - |
Selling, General & Admin | 20.68M | 21.11M | 14.14M | 13.31M | 14.76M | 12.88M | 12.14M | 11.29M | 13.35M | 13.51M |
SG&A % of Revenue | 42.83% | 49.15% | 47.26% | 62.72% | 63.88% | 51.51% | 33.26% | 24.09% | 32.6% | - |
Research & Development | 1.5M | 1.16M | 1.85M | 3M | 3.6M | 1.37M | 2.13M | 1.91M | 1.59M | 1.52M |
R&D % of Revenue | 3.11% | 2.7% | 6.18% | 14.16% | 15.56% | 5.49% | 5.84% | 4.08% | 3.87% | - |
Other Operating Expenses | 0 | 1.21M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 228K |
Operating Income | -18.24M▲ 0% | -14.23M▲ 22.0% | -5.53M▲ 61.1% | -11.8M▼ 113.3% | -14.54M▼ 23.3% | -5.65M▲ 61.2% | 518K▲ 109.2% | 6.82M▲ 1216.2% | 2.86M▼ 58.1% | 3.53M▲ 0% |
Operating Margin % | -37.79% | -33.14% | -18.48% | -55.61% | -62.94% | -22.59% | 1.42% | 14.55% | 6.98% | 8.26% |
Operating Income Growth % | 41.7% | 21.99% | 61.14% | -113.33% | -23.29% | 61.15% | 109.17% | 1216.22% | -58.08% | - |
EBITDA | -1.6M | -2.55M | -3.04M | -9M | -12.34M | -4.31M | 1.7M | 7.76M | 3.73M | 4.41M |
EBITDA Margin % | -3.32% | -5.94% | -10.15% | -42.43% | -53.38% | -17.22% | 4.65% | 16.56% | 9.11% | 10.31% |
EBITDA Growth % | 46.77% | -58.82% | -19.11% | -196.48% | -37.04% | 65.09% | 139.39% | 357.67% | -51.93% | -30.42% |
D&A (Non-Cash Add-back) | 16.64M | 11.68M | 2.49M | 2.8M | 2.21M | 1.34M | 1.18M | 944K | 873K | 876K |
EBIT | -18.24M | -14.23M | -5.53M | -11.8M | -13.62M | -4.88M | 913K | 7.06M | 2.9M | 3.64M |
Net Interest Income | 47K | 72K | -46K | 0 | 0 | -519K | -675K | 0 | 0 | 0 |
Interest Income | 47K | 72K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Expense | 0 | 0 | 46K | 0 | 0 | 519K | 675K | 0 | 0 | 0 |
Other Income/Expense | -1.92M | -5.36M | -660K | -1.67M | 926K | 256K | -280K | 240K | 43K | 112K |
Pretax Income | -20.16M▲ 0% | -19.59M▲ 2.8% | -6.19M▲ 68.4% | -13.47M▼ 117.5% | -13.62M▼ 1.1% | -5.39M▲ 60.4% | 238K▲ 104.4% | 7.06M▲ 2865.5% | 2.9M▼ 58.9% | 3.64M▲ 0% |
Pretax Margin % | -41.76% | -45.62% | -20.69% | -63.47% | -58.93% | -21.57% | 0.65% | 15.06% | 7.08% | 8.53% |
Income Tax | 910K | 252K | 353K | 536K | -39K | 699K | 1.34M | 1.98M | 2.15M | 2.33M |
Effective Tax Rate % | -4.51% | -1.29% | -5.7% | -3.98% | 0.29% | -12.96% | 562.18% | 28.11% | 74.15% | 64.06% |
Net Income | -21.07M▲ 0% | -19.84M▲ 5.8% | -11.29M▲ 43.1% | -18.45M▼ 63.4% | -15.09M▲ 18.2% | -8.83M▲ 41.5% | -2.07M▲ 76.6% | 5.07M▲ 345.2% | 750K▼ 85.2% | 1.31M▲ 0% |
Net Margin % | -43.64% | -46.2% | -37.73% | -86.95% | -65.28% | -35.31% | -5.67% | 10.83% | 1.83% | 3.06% |
Net Income Growth % | 36.45% | 5.83% | 43.11% | -63.44% | 18.23% | 41.45% | 76.57% | 345.24% | -85.22% | -58.44% |
Net Income (Continuing) | -21.07M | -19.84M | -6.54M | -14M | -13.58M | -6.09M | -1.1M | 5.07M | 750K | 1.31M |
Discontinued Operations | 0 | 0 | -4.74M | -4.45M | -1.51M | -2.74M | -969K | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | -18.20▲ 0% | -17.80▲ 2.2% | -9.30▲ 47.8% | -3.56▲ 61.7% | -2.46▲ 30.9% | -9.20▼ 274.0% | -0.38▲ 95.9% | 0.64▲ 268.4% | 0.10▼ 84.4% | 0.14▲ 0% |
EPS Growth % | 34.77% | 2.2% | 47.75% | 61.72% | 30.9% | -273.98% | 95.87% | 268.42% | -84.38% | -94.22% |
EPS (Basic) | -17.44 | -16.39 | -9.30 | -3.56 | -2.46 | -8.98 | -0.38 | 0.64 | 0.09 | - |
Diluted Shares Outstanding | 4.83M | 4.84M | 4.86M | 5.19M | 5.51M | 5.51M | 5.5M | 7.97M | 9.04M | 9.09M |
Basic Shares Outstanding | 4.83M | 4.84M | 4.86M | 5.19M | 5.51M | 5.51M | 5.5M | 7.97M | 9.04M | 9.09M |
Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
MIND Balance Sheet
MIND Technology, Inc. (MIND) balance sheet — assets, liabilities & shareholders' equity
| Metric | Jan'18 | Jan'19 | Jan'20 | Jan'21 | Jan'22 | Jan'23 | Jan'24 | Jan'25 | Jan'26 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 33.05M | 36.34M | 30.63M | 26.79M | 29.25M | 22.23M | 28.34M | 32.12M | 44.88M | 46.74M |
Cash & Short-Term Investments | 9.9M | 9.39M | 3.09M | 4.61M | 5.11M | 778K | 5.29M | 5.34M | 19.05M | 17.66M |
Cash Only | 9.9M | 9.39M | 3.09M | 4.61M | 5.11M | 778K | 5.29M | 5.34M | 19.05M | 17.66M |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts Receivable | 10.49M | 12.08M | 6.62M | 4.75M | 8.13M | 3.99M | 6.57M | 11.82M | 12.57M | 16.52M |
Days Sales Outstanding | 79.34 | 102.69 | 80.8 | 81.67 | 128.36 | 58.27 | 65.64 | 92.04 | 112.05 | 108.13 |
Inventory | 10.86M | 10.77M | 13.26M | 11.45M | 14.01M | 15.32M | 13.37M | 13.74M | 11.15M | 10.98M |
Days Inventory Outstanding | 89.36 | 116.7 | 248.74 | 250.29 | 264.96 | 340.79 | 224.73 | 186.92 | 175.75 | 174.06 |
Other Current Assets | 244K | 2.36M | 5.67M | 4.32M | 159K | 2.14M | 3.11M | 1.22M | 2.11M | 1.59M |
Total Non-Current Assets | 40.63M | 28.96M | 27.6M | 12.97M | 12.78M | 10.63M | 5.15M | 4.61M | 4.38M | 4.02M |
Property, Plant & Equipment | 22.9M | 14.15M | 16.08M | 6.22M | 6.11M | 5.69M | 2.14M | 2.21M | 2.33M | 2.11M |
Fixed Asset Turnover | 2.11x | 3.03x | 1.86x | 3.41x | 3.78x | 4.39x | 17.04x | 21.20x | 17.60x | 19.27x |
Goodwill | 2.53M | 2.53M | 2.53M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 8.02M | 10.49M | 8.16M | 6.75M | 6.02M | 4.93M | 2.89M | 2.31M | 1.75M | 1.61M |
Long-Term Investments | 4.65M | 840K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Assets | 7.19M | 870K | 832K | 0 | 650K | 0 | 0 | 0 | 0 | 0 |
Total Assets | 73.68M▲ 0% | 65.3M▼ 11.4% | 58.23M▼ 10.8% | 39.76M▼ 31.7% | 42.02M▲ 5.7% | 32.86M▼ 21.8% | 33.49M▲ 1.9% | 36.72M▲ 9.6% | 49.27M▲ 34.2% | 50.76M▲ 0% |
Asset Turnover | 0.66x | 0.66x | 0.51x | 0.53x | 0.55x | 0.76x | 1.09x | 1.28x | 0.83x | 0.93x |
Asset Growth % | -22.21% | -11.37% | -10.83% | -31.71% | 5.68% | -21.8% | 1.93% | 9.64% | 34.17% | 100.12% |
Total Current Liabilities | 7.52M | 7.43M | 8.45M | 7.84M | 10.7M | 8.93M | 10.28M | 8.64M | 7.44M | 8.98M |
Accounts Payable | 1.27M | 1.53M | 1.77M | 1.7M | 2.05M | 4.1M | 1.62M | 2.56M | 1.21M | 1.5M |
Days Payables Outstanding | 10.46 | 16.62 | 33.14 | 37.24 | 38.71 | 91.24 | 27.28 | 34.79 | 19.14 | 21.31 |
Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Revenue (Current) | 1.76M | 1.74M | 970K | 692K | 2.83M | 571K | 3.65M | 1.79M | 1.29M | 4.68M |
Other Current Liabilities | 1.23M | 2.67M | 3.28M | 2.33M | 1.71M | 628K | 832K | 232K | 0 | 0 |
Current Ratio | 4.39x | 4.89x | 3.63x | 3.42x | 2.73x | 2.49x | 2.76x | 3.71x | 6.03x | 5.20x |
Quick Ratio | 2.95x | 3.44x | 2.06x | 1.96x | 1.42x | 0.77x | 1.46x | 2.12x | 4.53x | 3.98x |
Cash Conversion Cycle | 158.24 | 202.78 | 296.4 | 294.72 | 354.62 | 307.83 | 263.09 | 244.17 | 268.67 | 260.88 |
Total Non-Current Liabilities | 307K | 1.2M | 2.13M | 1.51M | 1.06M | 875K | 573K | 743K | 406K | 255K |
Long-Term Debt | 0 | 0 | 0 | 850K | 0 | 0 | 0 | 0 | 0 | 0 |
Capital Lease Obligations | 0 | 0 | 961K | 463K | 966K | 846K | 573K | 743K | 406K | 1.61M |
Deferred Tax Liabilities | 307K | 0 | 200K | 198K | 92K | 29K | 0 | 0 | 0 | 0 |
Other Non-Current Liabilities | 0 | 1.2M | 967K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Liabilities | 7.83M | 8.62M | 10.58M | 9.35M | 11.76M | 9.81M | 10.85M | 9.39M | 7.85M | 9.24M |
Total Debt | 0 | 0 | 2.3M | 2.32M | 1.83M | 1.75M | 1.32M | 1.32M | 1.09M | 910K |
Net Debt | -9.9M | -9.39M | -790K | -2.29M | -3.28M | 971K | -3.96M | -4.02M | -17.96M | -16.75M |
Debt / Equity | - | - | 0.05x | 0.08x | 0.06x | 0.08x | 0.06x | 0.05x | 0.03x | 0.02x |
Debt / EBITDA | - | - | - | - | - | - | 0.78x | 0.17x | 0.29x | 0.21x |
Net Debt / EBITDA | - | - | - | - | - | - | -2.34x | -0.52x | -4.81x | -3.80x |
Interest Coverage | - | - | -120.22x | - | - | -9.39x | 1.35x | - | - | - |
Total Equity | 65.85M▲ 0% | 56.68M▼ 13.9% | 47.65M▼ 15.9% | 30.42M▼ 36.2% | 30.26M▼ 0.5% | 23.05M▼ 23.8% | 22.64M▼ 1.8% | 27.33M▲ 20.7% | 41.42M▲ 51.5% | 41.52M▲ 0% |
Equity Growth % | -18.64% | -13.93% | -15.93% | -36.17% | -0.5% | -23.83% | -1.78% | 20.72% | 51.53% | 183.69% |
Book Value per Share | 13.62 | 11.71 | 9.81 | 5.86 | 5.49 | 4.18 | 4.12 | 3.43 | 4.58 | 4.57 |
Total Shareholders' Equity | 65.85M | 56.68M | 47.65M | 30.42M | 30.26M | 23.05M | 22.64M | 27.33M | 41.42M | 41.52M |
Common Stock | 140K | 140K | 141K | 157K | 157K | 157K | 14K | 80K | 91K | 91K |
Retained Earnings | -42.42M | -63.97M | -77.31M | -99.87M | -117.86M | -127.64M | -128.31M | -108.45M | -107.7M | -108.11M |
Treasury Stock | -16.86M | -16.86M | -16.86M | -16.86M | -16.86M | -16.86M | 0 | 0 | 0 | 0 |
Accumulated OCI | -8.85M | -4.04M | -4.39M | -4.36M | -1.88M | 34K | 34K | 34K | 34K | 34K |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
MIND Cash Flow Statement
MIND Technology, Inc. (MIND) cash flow — operating, investing & free cash flow history
| Metric | Jan'18 | Jan'19 | Jan'20 | Jan'21 | Jan'22 | Jan'23 | Jan'24 | Jan'25 | Jan'26 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 719K | -5.46M | -5.82M | -6.36M | -17.13M | -2.9M | -4.97M | 651K | 2.59M | -2.83M |
Operating CF Margin % | 1.49% | -12.71% | -19.44% | -29.98% | -74.15% | -11.61% | -13.6% | 1.39% | 6.32% | - |
Operating CF Growth % | -77.2% | -858.97% | -6.6% | -9.33% | -169.4% | 83.05% | -70.98% | 113.11% | 297.24% | -562.7% |
Net Income | -21.07M | -19.84M | -11.29M | -14M | -15.09M | -8.83M | -1.1M | 5.07M | 750K | 1.31M |
Depreciation & Amortization | 16.64M | 11.81M | 7.77M | 2.8M | 2.21M | 1.89M | 1.18M | 944K | 873K | 876K |
Stock-Based Compensation | 903K | 781K | 854K | 708K | 643K | 654K | 261K | 235K | 1.55M | 2.07M |
Deferred Taxes | 162K | 1.2M | 553K | 32K | -106K | -62K | -153K | 35K | -215K | 0 |
Other Non-Cash Items | -1.61M | 3.38M | 1.86M | -1.07M | -537K | 1.13M | -766K | -389K | 227K | -468K |
Working Capital Changes | 5.7M | -2.79M | -5.57M | 5.18M | -4.26M | 2.32M | -4.39M | -5.25M | -599K | -6.61M |
Change in Receivables | 4.41M | 952K | -1.72M | 4.7M | -3.25M | 4.86M | -3.32M | -5.25M | -755K | -8.7M |
Change in Inventory | 685K | -781K | -2.81M | 1.18M | -3.07M | -1.76M | -3.6M | -441K | 2.37M | 2.26M |
Change in Payables | -455K | 0 | -1.01M | -2.51M | 713K | 775K | -334K | 45K | -2M | 100K |
Cash from Investing | 9M | -15K | -2.09M | 3.21M | 5.36M | 470K | 11.02M | 20K | -663K | -474K |
Capital Expenditures | -1.32M | -2.53M | -3.99M | -566K | -834K | -582K | -290K | -437K | -663K | -474K |
CapEx % of Revenue | 2.73% | 5.89% | 13.34% | 2.67% | 3.61% | 2.33% | 0.79% | 0.93% | 1.62% | 1.11% |
Acquisitions | 0 | -147K | 239K | 257K | 761K | 0 | 10.83M | 0 | 0 | 0 |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | 10.31M | 2.66M | 1.66M | 3.52M | 5.44M | 1.05M | 476K | 457K | 0 | 0 |
Cash from Financing | -3.04M | 5.14M | 1.75M | 4.51M | 12.19M | -1.9M | -1.53M | -619K | 11.79M | 11.78M |
Debt Issued (Net) | -6.31M | 0 | 0 | 1.61M | 0 | 0 | -803K | 0 | 0 | 0 |
Equity Issued (Net) | 4.17M | 6.85M | 3.77M | 4.58M | 14.72M | -1K | 0 | 0 | 11.79M | 11.78M |
Dividends Paid | -905K | -1.71M | -2.05M | -1.68M | -2.53M | -1.89M | -946K | 0 | 0 | 0 |
Share Repurchases | -4.17M | 0 | 0 | 0 | -2K | -1K | 0 | 0 | 0 | 0 |
Other Financing | 0 | 0 | 26K | 0 | 0 | 0 | 214K | -619K | 0 | 0 |
Net Change in Cash | 6.63M▲ 0% | -597K▼ 109.0% | -6.32M▼ 957.8% | 1.38M▲ 121.8% | 503K▼ 63.5% | -4.34M▼ 962.0% | 4.51M▲ 204.0% | 47K▼ 99.0% | 13.71M▲ 29078.7% | 8.48M▲ 0% |
Free Cash Flow | -597K▲ 0% | -7.99M▼ 1238.0% | -9.81M▼ 22.8% | -6.93M▲ 29.4% | -17.97M▼ 159.4% | -3.49M▲ 80.6% | -5.26M▼ 50.8% | 214K▲ 104.1% | 1.92M▲ 798.6% | -3.3M▲ 0% |
FCF Margin % | -1.24% | -18.6% | -32.78% | -32.65% | -77.76% | -13.94% | -14.4% | 0.46% | 4.7% | -7.73% |
FCF Growth % | -126.71% | -1238.02% | -22.78% | 29.38% | -159.43% | 80.59% | -50.76% | 104.07% | 798.6% | -137.25% |
FCF per Share | -0.12 | -1.65 | -2.02 | -1.33 | -3.26 | -0.63 | -0.96 | 0.03 | 0.21 | -0.36 |
FCF Conversion (FCF/Net Income) | -0.03x | 0.28x | 0.52x | 0.34x | 1.14x | 0.33x | 2.40x | 0.13x | 3.45x | -2.52x |
Interest Paid | 0 | 0 | 0 | 0 | 31K | 4K | 634K | 0 | 0 | 0 |
Taxes Paid | 0 | 0 | 0 | 0 | 355K | 371K | 847K | 1.65M | 2.2M | 2.53M |
MIND Key Ratios
MIND Technology, Inc. (MIND) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | -28.71% | -32.38% | -21.64% | -47.26% | -49.72% | -33.13% | -9.06% | 20.31% | 2.18% | 3.45% |
Return on Invested Capital (ROIC) | -19.5% | -20.68% | -8.81% | -23.6% | -39.59% | -16.62% | 1.82% | 24.35% | 9.17% | 11.52% |
Gross Margin | 8.15% | 21.53% | 34.96% | 21.27% | 16.5% | 34.41% | 40.52% | 42.73% | 43.45% | 43.97% |
Net Margin | -43.64% | -46.2% | -37.73% | -86.95% | -65.28% | -35.31% | -5.67% | 10.83% | 1.83% | 3.06% |
Debt / Equity | - | - | 0.05x | 0.08x | 0.06x | 0.08x | 0.06x | 0.05x | 0.03x | 0.02x |
Interest Coverage | - | - | -120.22x | - | - | -9.39x | 1.35x | - | - | - |
FCF Conversion | -0.03x | 0.28x | 0.52x | 0.34x | 1.14x | 0.33x | 2.40x | 0.13x | 3.45x | -2.52x |
Revenue Growth | 17.75% | -11.05% | -30.33% | -29.09% | 8.92% | 8.24% | 45.97% | 28.36% | -12.62% | -5.26% |
Related:MIND Dividend History·MIND Revenue History·MIND Price History·MIND P/E History·MIND Financial Ratios·MIND Institutional Holders
MIND SEC Filings & Documents
MIND Technology, Inc. (MIND) SEC filings — annual & quarterly reports (10-K, 10-Q)
MIND Frequently Asked Questions
MIND Technology, Inc. (MIND) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
MIND Technology, Inc. (MIND) reported $42.7M in revenue for fiscal year 2026. This represents a 191% increase from $14.7M in 1997.
MIND Technology, Inc. (MIND) saw revenue decline by 12.6% over the past year.
Yes, MIND Technology, Inc. (MIND) is profitable, generating $1.3M in net income for fiscal year 2026 (1.8% net margin).
Dividend & Returns
MIND Technology, Inc. (MIND) has a return on equity (ROE) of 2.2%. This is below average, suggesting room for improvement.
MIND Technology, Inc. (MIND) had negative free cash flow of $3.3M in fiscal year 2026, likely due to heavy capital investments.