MIND TECHNOLOGY, INC
MINDNasdaq
$5.17
↓ -2.5%Jul 17 close · end-of-day
Price
1Y↓ -29.6%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
—
Enterprise Value
—
P/E
—
P/S
—
P/B
—
EV/EBITDA
—
PEG
—
FCF Yield
—
Dividend Yield
—
Revenue (TTM)
$42.7M
Net Income (TTM)
$1.3M
Free Cash Flow (TTM)
-$3.3M
Gross Margin
45.5%
Operating Margin
8.3%
Net Margin
3.1%
ROE
3.1%
ROIC
7.4%
Debt / Equity
—
Net Cash
$17.7M
Return 1Y
-32.0%
Company profile
MIND Technology, Inc. provides marine technology products. The company designs, manufactures, and sells specialized marine seismic equipment; and side scan sonar and water-side security systems. It operates in the United States, Europe, the Middle East, the Asia-Pacific, Canada and Latin America.
- CEO
- Robert P. Capps
- Sector
- Manufacturing
- Industry
- Electronic Equipment
- Employees
- 200
- Headquarters
- Texas
- Website
- mind-technology.com
Earnings
MIND Q1 2026 Earnings
Period ends 2026-04-30
MetricActualYoY
Revenue$9.7M↑ +22.4%
Diluted EPS——
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|
| Revenue | $21.2M | $23.1M | $25.0M | $36.5M | $46.9M | $40.9M |
| Gross profit | $7.3M | $6.0M | $9.9M | $16.0M | $21.0M | $18.7M |
| Operating income | -$14.3M | -$14.5M | -$5.7M | $518,000.00 | $6.8M | $2.9M |
| Net income | -$20.3M | -$15.1M | -$8.8M | -$3.5M | $17.6M | $750,000.00 |
| Diluted EPS | -$1.80 | -$1.31 | -$0.92 | — | — | — |
| Operating cash flow | -$6.4M | -$17.1M | -$2.9M | -$5.0M | $651,000.00 | $2.6M |
| Free cash flow | -$6.5M | -$18.0M | -$3.5M | -$5.3M | $214,000.00 | $1.9M |
| Gross margin | 34.5% | 26.1% | 39.8% | 43.7% | 44.7% | 45.6% |
| Operating margin | -67.5% | -62.9% | -22.6% | 1.4% | 14.5% | 7.0% |
| Net margin | -95.7% | -65.3% | -35.3% | -9.6% | 37.6% | 1.8% |
| Line item | Q2 '24 | Q3 '24 | Q4 '25 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '26 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $10.0M | $12.1M | $15.0M | $7.9M | $13.6M | $9.7M | $9.8M | $9.7M |
| Gross profit | $4.8M | $5.4M | $6.5M | $3.3M | $6.8M | $4.5M | $4.0M | $4.1M |
| Operating income | $1.4M | $1.9M | $2.8M | -$658,000.00 | $2.7M | $774,000.00 | $78,000.00 | $14,000.00 |
| Net income | $798,000.00 | $1.3M | $14.6M | -$970,000.00 | $1.9M | $62,000.00 | -$271,000.00 | -$411,000.00 |
| Diluted EPS | — | — | — | — | — | — | — | — |
| Operating cash flow | $1.1M | $2.3M | $2.1M | $4.1M | -$1.2M | $894,000.00 | -$1.2M | -$1.3M |
| Free cash flow | $978,000.00 | $2.2M | $1.8M | $3.8M | -$1.3M | $801,000.00 | -$1.4M | -$1.4M |
| Gross margin | 47.6% | 44.8% | 43.5% | 42.2% | 50.4% | 46.6% | 40.7% | 42.4% |
| Operating margin | 14.2% | 15.5% | 18.5% | -8.3% | 19.6% | 8.0% | 0.8% | 0.1% |
| Net margin | 8.0% | 10.7% | 96.8% | -12.3% | 14.2% | 0.6% | -2.8% | -4.2% |
Company news
Jun 23, 2026
Jun 18, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
No insider transactions in the last 12 months.
No insider transactions on file.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.