MINDNasdaqSearch, Detection, Navigation, Guidance, Aeronautical SysFiscal year ends January 31

MIND TECHNOLOGY, INC

Financials through Q2 FY2027, quarter ended Jul 31, 2026Last filing: 10-Q on Sep 9, 2026

$4.22−0.09 (-2.09%)

Close on Oct 19, 2026

Market cap: $38.36M
P/E (TTM): –
Dividend yield: –

MIND TECHNOLOGY, INC income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2026 2026-01-31	FY 2025 2025-01-31	FY 2024 2024-01-31	FY 2023 2023-01-31	FY 2022 2022-01-31	FY 2021 2021-01-31	FY 2020 2020-01-31	FY 2019 2019-01-31	FY 2018 2018-01-31	FY 2017 2017-01-31	FY 2016 2016-01-31	FY 2015 2015-01-31	FY 2014 2014-01-31	FY 2013 2013-01-31	FY 2012 2012-01-31	FY 2011 2011-01-31	FY 2010 2010-01-31
Revenue	41	47	37	25	23	21	30	43	48	41	52	83	92	105	113	71	55
Cost of Revenue	22	26	21	22	17	14	17	31	42	48	49	60	60	67	55	45	37
Gross Profit	19	21	16	9.95	6.02	7.31	13	12	6.08	-7.41	2.67	23	32	37	58	27	18
Research & Development	1.59	1.91	2.13	1.37	3.60	3.00	1.85	1.16	1.50	0.97	0.93	–	–	–	–	–	–
Selling, General & Admin	13	11	12	13	15	13	14	21	20	20	18	–	–	–	–	–	–
General & Administrative	–	–	–	–	–	–	–	–	–	21	19	25	24	23	21	17	15
Operating Expenses	16	14	15	16	21	22	19	25	26	24	29	30	26	24	23	20	17
Operating Income	2.86	6.82	0.52	-5.65	-15	-14	-6.29	-13	-20	-31	-27	-6.75	5.81	14	35	6.92	0.87
Interest Expense	–	–	–	–	–	–	–	–	–	0.65	0.74	0.90	0.31	0.53	0.74	0.76	0.63
Interest & Investment Income	–	–	–	–	–	–	–	–	–	0.01	0.01	0.23	0.30	0.54	0.34	0.28	0.21
Other Non-Operating Income	-0.11	0.24	-0.28	-6.09	0.93	0.86	0.10	-6.57	-0.45	-0.05	-1.00	-3.44	0.22	-0.38	-0.21	-0.13	-0.23
Asset Impairment Charges	0	0	0	–	0	2.53	0.76	0	0	0	3.00	0	0	0	0	0	–
Gain (Loss) on Sale of Assets	–	–	0	0.94	–	–	0	-5.41	0	0	–	–	–	–	–	–	–
Pretax Income	2.90	7.06	0.24	-5.39	-14	-13	-6.19	-20	-20	-31	-28	-10	6.03	14	34	6.79	0.64
Income Tax Expense	2.15	1.98	1.34	0.70	-0.04	0.54	0.35	0.25	0.91	1.81	11	-0.99	1.26	-3.53	10	2.07	0.12
Income from Continuing Operations	–	5.07	-1.10	-7.43	-14	-14	-6.54	–	–	–	–	–	–	–	–	–	–
Income from Discontinued Operations	–	0	1.37	-2.74	-1.51	-6.30	-4.74	–	–	–	–	–	–	–	–	–	–
Net Income	0.75	5.07	0.27	-8.83	-15	-20	-11	-20	-21	-33	-39	-9.19	4.77	17	24	4.73	0.52
Preferred Dividends	–	–	–	–	2.90	2.25	2.05	1.71	0.91	0.49	0	–	–	–	–	–	–
Net Income to Common	0.75	18	-3.51	-13	-18	-23	-13	-22	-22	-34	-39	-9.19	–	–	–	–	–
EPS (Basic)(per share)	0.09	4.32	-2.50	-8.98	-12.77	-17.55	-10.73	-17.36	-17.75	-27.20	-31.40	-7.22	3.61	13.07	20.77	4.68	0.49
EPS (Diluted)(per share)	–	–	–	-8.97	-12.77	-17.55	-10.73	-17.36	-17.75	-27.20	-31.40	-7.22	3.51	12.58	19.70	4.49	0.49
Shares Outstanding (Basic, Weighted)(shares)	8.26	4.08	0.00	1.41	1.41	1.28	1.25	1.24	1.24	1.24	1.23	1.28	1.31	1.30	1.17	1.01	1.01
Shares Outstanding (Diluted, Weighted)(shares)	8.33	4.08	0.00	1.41	1.41	1.28	1.25	1.24	1.24	1.24	1.23	1.28	1.35	1.36	1.24	1.04	1.02
EBITDA	3.73	7.76	1.70	-4.31	-12	-12	-3.80	-11	-18	-29	-24	-4.55	7.30	15	36	8.09	1.77
Net Interest Income	–	–	–	–	–	–	-0.05	0.07	0.05	-0.64	-0.73	-0.67	-0.01	0.01	-0.40	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jul 31, 2026

Profitability, TTM

Gross margin: 42.2%
Operating margin: -2.7%
Net margin: -6.8%
Return on equity, FY2026: 2.2%

Financial strength

Current ratio: 6.92
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 254.3%

Valuation

P/E ratio: –
Price to sales: 1.10
Price to book: 0.95
Dividend yield: –