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
$3.09−0.06 (-1.90%)
Close on Nov 12, 2026Market cap $28.09MP/E –Yield –
MIND Technology r&d expenses
Research and development expenses are spending on new products and technology.
MIND Technology's R&D Expenses for the twelve months ending Jul 31, 2026 was $1.61M, down 11.2% year over year. For fiscal 2026 it was $1.59M, down 17.1% from the year before. Over ten years it grew 5.5% a year on average. The highest annual figure on record is $3.60M in fiscal 2022.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2026 | Jan 31, 2026 | $1.59M | -17.1% |
| FY2025 | Jan 31, 2025 | $1.91M | -10.3% |
| FY2024 | Jan 31, 2024 | $2.13M | +55.4% |
| FY2023 | Jan 31, 2023 | $1.37M | -61.8% |
| FY2022 | Jan 31, 2022 | $3.60M | +19.7% |
| FY2021 | Jan 31, 2021 | $3.00M | +62.3% |
| FY2020 | Jan 31, 2020 | $1.85M | +59.6% |
| FY2019 | Jan 31, 2019 | $1.16M | -22.8% |
| FY2018 | Jan 31, 2018 | $1.50M | +54.2% |
| FY2017 | Jan 31, 2017 | $974.00K | +4.6% |
| FY2016 | Jan 31, 2016 | $931.00K | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change |
|---|---|---|---|
| Q2 FY2027CQ2 2026 | Jul 31, 2026 | $407.00K | +30.9% |
| Q1 FY2027CQ1 2026 | Apr 30, 2026 | $310.00K | -18.4% |
| Q4 FY2026CQ4 2025 | Jan 31, 2026 | $389.00K | -30.8% |
| Q3 FY2026CQ3 2025 | Oct 31, 2025 | $506.00K | -10.0% |
| Q2 FY2026CQ2 2025 | Jul 31, 2025 | $311.00K | -5.2% |
| Q1 FY2026CQ1 2025 | Apr 30, 2025 | $380.00K | -17.7% |
| Q4 FY2025CQ4 2024 | Jan 31, 2025 | $562.00K | -14.1% |
| Q3 FY2025CQ3 2024 | Oct 31, 2024 | $562.00K | +10.6% |
| Q2 FY2025CQ2 2024 | Jul 31, 2024 | $328.00K | -33.5% |
| Q1 FY2025CQ1 2024 | Apr 30, 2024 | $462.00K | -3.3% |
| Q4 FY2024CQ4 2023 | Jan 31, 2024 | $654.00K | +111.0% |
| Q3 FY2024CQ3 2023 | Oct 31, 2023 | $508.00K | +23.3% |
| Q2 FY2024CQ2 2023 | Jul 31, 2023 | $493.00K | -40.8% |
| Q1 FY2024CQ1 2023 | Apr 30, 2023 | $478.00K | -52.9% |
| Q4 FY2023CQ4 2022 | Jan 31, 2023 | $310.00K | -69.9% |
| Q3 FY2023CQ3 2022 | Oct 31, 2022 | $412.00K | -50.1% |
| Q2 FY2023CQ2 2022 | Jul 31, 2022 | $833.00K | -6.2% |
| Q1 FY2023CQ1 2022 | Apr 30, 2022 | $1.01M | +18.9% |
| Q4 FY2022CQ4 2021 | Jan 31, 2022 | $1.03M | +11.1% |
| Q3 FY2022CQ3 2021 | Oct 31, 2021 | $826.00K | -9.4% |
| Q2 FY2022CQ2 2021 | Jul 31, 2021 | $888.00K | +17.6% |
| Q1 FY2022CQ1 2021 | Apr 30, 2021 | $853.00K | +108.0% |
| Q4 FY2021CQ4 2020 | Jan 31, 2021 | $926.00K | +127.0% |
| Q3 FY2021CQ3 2020 | Oct 31, 2020 | $912.00K | +45.0% |
| Q2 FY2021CQ2 2020 | Jul 31, 2020 | $755.00K | +51.6% |
| Q1 FY2021CQ1 2020 | Apr 30, 2020 | $410.00K | +30.2% |
| Q4 FY2020CQ4 2019 | Jan 31, 2020 | $408.00K | +35.1% |
| Q3 FY2020CQ3 2019 | Oct 31, 2019 | $629.00K | +259.4% |
| Q2 FY2020CQ2 2019 | Jul 31, 2019 | $498.00K | +59.6% |
| Q1 FY2020CQ1 2019 | Apr 30, 2019 | $315.00K | -14.9% |
| Q4 FY2019CQ4 2018 | Jan 31, 2019 | $302.00K | -65.1% |
| Q3 FY2019CQ3 2018 | Oct 31, 2018 | $175.00K | -41.5% |
| Q2 FY2019CQ2 2018 | Jul 31, 2018 | $312.00K | +30.0% |
| Q1 FY2019CQ1 2018 | Apr 30, 2018 | $370.00K | +277.6% |
| Q4 FY2018CQ4 2017 | Jan 31, 2018 | $865.00K | – |
| Q3 FY2018CQ3 2017 | Oct 31, 2017 | $299.00K | – |
| Q2 FY2018CQ2 2017 | Jul 31, 2017 | $240.00K | – |
| Q1 FY2018CQ1 2017 | Apr 30, 2017 | $98.00K | – |
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