NASDAQ:MIND
Mind Technology, Inc.
Mind Technology, Inc.'s revenue fell 12.6% in fiscal 2026 to $40.9M while operating margin fell to 7.0%. Free cash flow was $1.9M, 4.7% of revenue, and the diluted share count rose 104.2%.Summary generated from Mind Technology, Inc.'s SEC filings. Latest annual report filed Apr 20, 2026.
Key statistics
Fiscal 2026 from SEC filings. MethodologyRevenue (FY26)$40.9M
Revenue growth−12.6%
Revenue, 5-yr CAGR+14.1%
Gross margin45.6%
Operating margin7.0%
Net margin1.8%
ROICn/a
Return on equity2.2%
Debt / equityn/a
Free cash flow$1.9M
FCF margin4.7%
Share count change+104.2%
Financials
| Item | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue | 23 | 25 | 37 | 47 | 41 |
| Operating income | −15 | −6 | 1 | 7 | 3 |
| Net income | −15 | −9 | 0 | 5 | 1 |
| Free cash flow | −18 | −3 | −5 | 0 | 2 |
Recent filings
- 10-QQuarterly report for the period ended Jul 31, 2026
Sep 9, 2026 - 8-KResults of operations and financial condition
Sep 8, 2026 - 4Insider transaction report
Jul 31, 2026 - 4Insider transaction report
Jul 31, 2026 - 8-KResults of a shareholder vote
Jul 23, 2026 - 10-QQuarterly report for the period ended Apr 30, 2026
Jun 11, 2026 - 8-KResults of operations and financial condition
Jun 10, 2026 - DEF 14AProxy statement
Jun 1, 2026