MIND Technology, Inc. (MIND) quarterly income statement — complete revenue, gross profit & net income history
MIND Technology, Inc. (MIND) annual income statement — 30-year revenue, gross profit & net income history
| Metric | Q2'27 | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 |
|---|
| Sales/Revenue | 5.62M | 9.67M | 9.8M | 9.69M | 13.56M | 7.9M | 15.04M | 12.11M | 10.04M | 9.68M | 13.38M | 4.97M | 7.56M | 10.6M | 8.87M | 3.04M | 8.71M | 9.09M | 3.76M | 8.35M |
| Revenue Growth % | -58.54% | 22.4% | -34.88% | -19.97% | 35.12% | -18.35% | 12.45% | 143.37% | 32.73% | -8.67% | 50.82% | 63.73% | -13.22% | 16.62% | 135.97% | -63.6% | 28% | 116.67% | -41.27% | 27.61% |
| Cost of Goods Sold | 3.76M | 5.58M | 6.02M | 5.39M | 6.95M | 4.8M | 8.71M | 6.91M | 5.49M | 5.73M | 7.42M | 2.98M | 4.92M | 6.39M | 4.95M | 2.51M | 5.64M | 6.28M | 4.17M | 5.67M |
| COGS % of Revenue | 66.81% | 57.64% | 61.49% | 55.6% | 51.24% | 60.69% | 57.92% | 57.04% | 54.74% | 59.18% | 55.49% | 59.87% | 65.1% | 60.34% | 55.79% | 82.52% | 64.75% | 69.08% | 110.83% | 67.94% |
| Gross Profit | 1.87M | 4.1M | 3.77M | 4.3M | 6.61M | 3.11M | 6.33M | 5.2M | 4.54M | 3.95M | 5.96M | 2M | 2.64M | 4.2M | 3.92M | 531K | 3.07M | 2.81M | -407K | 2.68M |
| Gross Margin % | 33.19% | 42.36% | 38.51% | 44.4% | 48.76% | 39.31% | 42.08% | 42.96% | 45.26% | 40.82% | 44.51% | 40.13% | 34.9% | 39.66% | 44.21% | 17.48% | 35.25% | 30.92% | -10.83% | 32.06% |
| Gross Profit Growth % | -71.78% | 31.91% | -40.41% | -17.29% | 45.57% | -21.39% | 6.3% | 160.52% | 72.11% | -6% | 51.87% | 275.89% | -14.07% | 49.57% | 1063.39% | -80.16% | 84.22% | 2384.55% | -122.24% | 66% |
| Operating Expenses | 3.66M | 4.08M | 3.69M | 3.53M | 3.95M | 3.76M | 3.55M | 3.32M | 3.11M | 3.22M | 3.64M | 3.45M | 3.41M | 3.78M | 3.33M | 3.44M | 4.62M | 5.29M | 4.69M | 4.73M |
| OpEx % of Revenue | 65.14% | 42.21% | 37.71% | 36.41% | 29.11% | 47.63% | 23.58% | 27.46% | 31.01% | 33.28% | 27.18% | 69.34% | 45.05% | 35.71% | 37.5% | 113.07% | 53.05% | 58.17% | 124.82% | 56.66% |
| Selling, General & Admin | 3.25M | 3.54M | 3.31M | 3.02M | 3.64M | 3.38M | 2.99M | 2.76M | 2.78M | 2.76M | 2.98M | 2.94M | 2.91M | 3.31M | 3.02M | 3.02M | 3.79M | 4.27M | 3.66M | 3.9M |
| SG&A % of Revenue | 57.9% | 36.65% | 33.74% | 31.18% | 26.82% | 42.82% | 19.85% | 22.82% | 27.74% | 28.51% | 22.29% | 59.13% | 38.53% | 31.2% | 34% | 99.51% | 43.49% | 47.01% | 97.45% | 46.76% |
| Research & Development | 407K | 310K | 389K | 506K | 311K | 380K | 562K | 562K | 328K | 462K | 654K | 508K | 493K | 478K | 310K | 412K | 833K | 1.01M | 1.03M | 826K |
| R&D % of Revenue | 7.24% | 3.21% | 3.97% | 5.22% | 2.29% | 4.81% | 3.74% | 4.64% | 3.27% | 4.77% | 4.89% | 10.21% | 6.52% | 4.51% | 3.49% | 13.56% | 9.56% | 11.16% | 27.37% | 9.9% |
| Other Operating Expenses | 0 | 228K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -1.8M | 14K | 78K | 774K | 2.66M | -658K | 2.78M | 1.88M | 1.43M | 730K | 2.32M | -1.45M | -767K | 419K | 595K | -2.9M | -1.55M | -2.48M | -5.1M | -2.05M |
| Operating Margin % | -31.95% | 0.14% | 0.8% | 7.99% | 19.64% | -8.33% | 18.49% | 15.5% | 14.25% | 7.54% | 17.33% | -29.21% | -10.14% | 3.95% | 6.71% | -95.59% | -17.8% | -27.25% | -135.65% | -24.6% |
| Operating Income Growth % | -167.42% | 102.13% | -97.2% | -58.74% | 86.29% | -190.14% | 19.97% | 229.11% | 286.44% | 74.22% | 289.75% | 49.97% | 50.55% | 116.92% | 111.67% | -41.45% | 40.32% | 48.34% | -46.19% | 9.68% |
| EBITDA | -1.57M | 242K | 297K | 986K | 2.88M | -433K | 3M | 2.1M | 1.67M | 997K | 2.6M | -1.2M | -465K | 900K | 928K | -2.57M | -1.08M | -2M | -4.61M | -1.56M |
| EBITDA Margin % | -27.96% | 2.5% | 3.03% | 10.18% | 21.24% | -5.48% | 19.95% | 17.32% | 16.6% | 10.3% | 19.47% | -24.04% | -6.15% | 8.49% | 10.46% | -84.69% | -12.44% | -21.98% | -122.56% | -18.68% |
| EBITDA Growth % | -154.56% | 155.89% | -90.11% | -52.98% | 72.93% | -143.43% | 15.24% | 275.33% | 458.28% | 10.78% | 180.71% | 53.52% | 57.1% | 145.07% | 120.14% | -65.04% | 46.91% | 51.61% | -65.48% | 3.23% |
| D&A (Non-Cash Add-back) | 224K | 228K | 219K | 212K | 217K | 225K | 220K | 221K | 236K | 267K | 286K | 257K | 302K | 481K | 333K | 331K | 467K | 479K | 492K | 494K |
| EBIT | -1.8M | 65K | 200K | 778K | 2.6M | -676K | 2.7M | 1.69M | 1.47M | 1.2M | 3.85M | -1.43M | -529K | 491K | 1.04M | -2.85M | -1.55M | -2.48M | -5.1M | -2.02M |
| Net Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.61M | -169K | -163K | -204K | 0 | 0 | -76K | -118K | -111K | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.61M | 169K | 163K | 204K | 0 | 0 | 76K | 118K | 111K | 0 |
| Other Income/Expense | 80K | 51K | 122K | 4K | -65K | -18K | -80K | -189K | 40K | 469K | -80K | -144K | 75K | -132K | 446K | 59K | -76K | -118K | -111K | 33K |
| Pretax Income | -1.72M | 65K | 200K | 778K | 2.6M | -676K | 2.7M | 1.69M | 1.47M | 1.2M | 2.24M | -1.6M | -692K | 287K | 1.04M | -2.85M | -1.63M | -2.59M | -5.21M | -2.02M |
| Pretax Margin % | -30.52% | 0.67% | 2.04% | 8.03% | 19.17% | -8.55% | 17.96% | 13.94% | 14.65% | 12.39% | 16.74% | -32.11% | -9.15% | 2.71% | 11.74% | -93.65% | -18.67% | -28.55% | -138.6% | -24.2% |
| Income Tax | 18K | 476K | 471K | 716K | 670K | 294K | 671K | 396K | 672K | 245K | 748K | 112K | 66K | 411K | 319K | 38K | 131K | 211K | -150K | 59K |
| Effective Tax Rate % | -1.05% | 732.31% | 235.5% | 92.03% | 25.78% | -43.49% | 24.83% | 23.47% | 45.71% | 20.43% | 33.41% | -7.01% | -9.54% | 143.21% | 30.64% | -1.34% | -8.05% | -8.13% | 2.88% | -2.92% |
| Net Income | -1.73M | -411K | -271K | 62K | 1.93M | -970K | 2.03M | 1.29M | 798K | 954K | 1.49M | -1.82M | -1.49M | -240K | 666K | -5.16M | -1.92M | -2.42M | -5.86M | -2.58M |
| Net Margin % | -30.84% | -4.25% | -2.77% | 0.64% | 14.22% | -12.28% | 13.5% | 10.66% | 7.95% | 9.86% | 11.15% | -36.69% | -19.76% | -2.26% | 7.51% | -169.82% | -22.04% | -26.62% | -155.97% | -30.89% |
| Net Income Growth % | -189.89% | 57.63% | -113.34% | -95.2% | 141.73% | -201.68% | 36.22% | 170.74% | 153.41% | 497.5% | 123.87% | 64.62% | 22.19% | 90.08% | 111.36% | -100.12% | 27.82% | 39.28% | -68.96% | 28.19% |
| Net Income (Continuing) | -1.73M | -411K | -271K | 62K | 1.93M | -970K | 2.03M | 1.29M | 798K | 954K | 1.49M | -1.71M | -758K | -124K | 722K | -2.88M | -1.76M | -2.81M | -5.06M | -2.08M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -116K | -736K | -116K | -56K | -1000K | -162K | 386K | -803K | -499K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.19 | -0.05 | -0.03 | 0.01 | 0.24 | -0.12 | 0.26 | 2.87 | -0.11 | 0.01 | 0.26 | -0.27 | -1.08 | -0.17 | -0.20 | -2.40 | -2.10 | -2.40 | -4.90 | -2.40 |
| EPS Growth % | -179.17% | 58.33% | -111.54% | -99.73% | 318.18% | - | 0% | 1162.96% | 89.81% | 102.94% | 230% | 88.75% | 48.57% | 92.92% | 95.92% | 0% | 12.5% | 27.27% | -631.34% | -247.83% |
| EPS (Basic) | -0.19 | -0.05 | -0.03 | 0.01 | 0.24 | -0.12 | 0.26 | 2.87 | -0.11 | 0.01 | 0.26 | -0.27 | -1.08 | -0.17 | -0.20 | -2.40 | -2.10 | -2.40 | -4.26 | -2.40 |
| Diluted Shares Outstanding | 9.09M | 9.09M | 9.04M | 7.98M | 7.97M | 7.97M | 7.97M | 5.47M | 5.5M | 5.5M | 5.5M | 5.5M | 5.52M | 5.52M | 5.52M | 5.51M | 5.51M | 5.51M | 5.51M | 5.51M |
| Basic Shares Outstanding | 9.09M | 9.09M | 9.04M | 7.98M | 7.97M | 7.97M | 7.97M | 5.47M | 5.5M | 5.5M | 5.5M | 5.5M | 5.52M | 5.52M | 5.52M | 5.51M | 5.51M | 5.51M | 5.51M | 5.51M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |