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MIND Technology, Inc (MIND) stock

MINDNasdaqSearch, Detection, Navigation, Guidance, Aeronautical SysFiscal year ends January 31
Financials through Q2 FY2027, quarter ended Jul 31, 2026Last filing: 10-Q on Sep 9, 2026Score 10/3061% below fair value
$3.15+0.11 (+3.62%)

Close on Nov 11, 2026Market cap $28.63MP/E –Yield –

MIND Technology gross margin

Gross margin is gross profit as a percentage of revenue.

MIND Technology's gross margin for the twelve months ending Jul 31, 2026 was 42.2%. For fiscal 2026 it was 45.6%, against 44.7% the year before. The highest annual figure on record is 51.2% in fiscal 2012.

Annual gross margin

PeriodPeriod endValueChange (pts)
FY2026Jan 31, 202645.6%+0.8
FY2025Jan 31, 202544.7%+1.0
FY2024Jan 31, 202443.7%+4.0
FY2023Jan 31, 202339.8%+13.7
FY2022Jan 31, 202226.1%−8.4
FY2021Jan 31, 202134.5%−8.8
FY2020Jan 31, 202043.3%+16.0
FY2019Jan 31, 201927.3%+14.7
FY2018Jan 31, 201812.6%+30.7
FY2017Jan 31, 2017-18.1%−23.2
FY2016Jan 31, 20165.2%−22.8
FY2015Jan 31, 201528.0%−6.8
FY2014Jan 31, 201434.8%−1.0
FY2013Jan 31, 201335.7%−15.4
FY2012Jan 31, 201251.2%+13.9
FY2011Jan 31, 201137.3%+4.5
FY2010Jan 31, 201032.9%–

Quarterly gross margin

Change is against the same quarter a year earlier.

Periods
PeriodPeriod endValueChange (pts)
Q2 FY2027CQ2 2026Jul 31, 202637.2%−13.2
Q1 FY2027CQ1 2026Apr 30, 202642.4%+0.2
Q4 FY2026CQ4 2025Jan 31, 202640.7%−2.8
Q3 FY2026CQ3 2025Oct 31, 202546.6%+1.8
Q2 FY2026CQ2 2025Jul 31, 202550.4%+2.7
Q1 FY2026CQ1 2025Apr 30, 202542.2%−1.4
Q4 FY2025CQ4 2024Jan 31, 202543.5%−3.1
Q3 FY2025CQ3 2024Oct 31, 202444.8%−0.5
Q2 FY2025CQ2 2024Jul 31, 202447.6%+8.7
Q1 FY2025CQ1 2024Apr 30, 202443.6%+0.8
Q4 FY2024CQ4 2023Jan 31, 202446.7%−1.3
Q3 FY2024CQ3 2023Oct 31, 202345.3%+16.9
Q2 FY2024CQ2 2023Jul 31, 202338.9%−1.7
Q1 FY2024CQ1 2023Apr 30, 202342.8%+6.6
Q4 FY2023CQ4 2022Jan 31, 202348.0%+45.7
Q3 FY2023CQ3 2022Oct 31, 202228.4%−9.6
Q2 FY2023CQ2 2022Jul 31, 202240.6%+7.9
Q1 FY2023CQ1 2022Apr 30, 202236.2%+23.2
Q4 FY2022CQ4 2021Jan 31, 20222.3%−37.3
Q3 FY2022CQ3 2021Oct 31, 202138.0%+3.2
Q2 FY2022CQ2 2021Jul 31, 202132.7%−7.0
Q1 FY2022CQ1 2021Apr 30, 202112.9%−2.2
Q4 FY2021CQ4 2020Jan 31, 202139.6%−5.3
Q3 FY2021CQ3 2020Oct 31, 202034.8%−5.8
Q2 FY2021CQ2 2020Jul 31, 202039.7%−1.5
Q1 FY2021CQ1 2020Apr 30, 202015.2%−22.8
Q4 FY2020CQ4 2019Jan 31, 202044.9%+17.2
Q3 FY2020CQ3 2019Oct 31, 201940.6%+4.9
Q2 FY2020CQ2 2019Jul 31, 201941.2%+18.9
Q1 FY2020CQ1 2019Apr 30, 201938.0%+21.6
Q4 FY2019CQ4 2018Jan 31, 201927.7%+14.4
Q3 FY2019CQ3 2018Oct 31, 201835.7%+25.2
Q2 FY2019CQ2 2018Jul 31, 201822.3%+16.6
Q1 FY2019CQ1 2018Apr 30, 201816.4%−1.0
Q4 FY2018CQ4 2017Jan 31, 201813.2%+34.5
Q3 FY2018CQ3 2017Oct 31, 201710.4%+36.9
Q2 FY2018CQ2 2017Jul 31, 20175.7%–
Q1 FY2018CQ1 2017Apr 30, 201717.3%–
Q4 FY2017CQ4 2016Jan 31, 2017-21.3%–
Q3 FY2017CQ3 2016Oct 31, 2016-26.5%–

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