
MIND faces delayed customer spending and a weaker backlog, but its high-margin aftermarket business, debt-free balance sheet and strong liquidity support long-term growth potential.
MIND Technology, Inc., provides technology to the oceanographic, hydrographic, defense, seismic, and maritime security industries. The company is headquartered in The Woodlands, Texas.
| Revenue (TTM) | $42.72M |
| Gross Profit (TTM) | $19.43M |
| EBITDA | $4.41M |
| Operating Margin | 0.15% |
| Return on Equity | 3.84% |
| Return on Assets | 5.07% |
| Revenue/Share (TTM) | $5.00 |
| Book Value | $4.57 |
| Price-to-Book | 1.04 |
| Price-to-Sales (TTM) | 1.03 |
| EV/Revenue | 0.621 |
| EV/EBITDA | 6.02 |
| Quarterly Earnings Growth (YoY) | -99.70% |
| Quarterly Revenue Growth (YoY) | 22.40% |
| Shares Outstanding | $9.09M |
| Float | $8.92M |
| % Insiders | 1.86% |
| % Institutions | 15.91% |
Volatility is currently contracting

MIND faces delayed customer spending and a weaker backlog, but its high-margin aftermarket business, debt-free balance sheet and strong liquidity support long-term growth potential.

MIND Technology, Inc. (MIND) Presents at IAccess Alpha Virtual Best Ideas Summer Investment Conference 2026 Transcript

THE WOODLANDS, Texas, June 18, 2026 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (Nasdaq: MIND) announced today its management will be participating in the iAccess Alpha Virtual Best Ideas Summer Investment Conference June 23–24, 2026. Representing MIND, Rob Capps, President and CEO, will deliver a presentation at 12:00pm EDT on Tuesday, June 23rd, and the webcast can be accessed live here: https://www.webcaster5.com/Webcast/Page/3165/54051.

MIND Technology incurs a narrower year-over-year loss per share in Q1 2027 and posts 22% revenue growth on the back of strong aftermarket demand despite a decline in the backlog.

MIND Technology, Inc. (MIND) Q1 2027 Earnings Call Transcript

THE WOODLANDS, Texas, June 10, 2026 /PRNewswire/ -- MIND Technology, Inc. (NASDAQ: MIND) ("MIND" or the "Company") today announced financial results for its fiscal 2027 first quarter ended April 30, 2026. Revenues for the first quarter of fiscal 2027 were approximately $9.7 million compared to $9.8 million for the fourth quarter of fiscal 2026 and $7.9 million for the first quarter of fiscal 2026.

THE WOODLANDS, Texas, May 28, 2026 /PRNewswire/ -- MIND Technology, Inc. (NASDAQ: MIND) announced today that it will release financial results for its fiscal 2027 first quarter ended April 30, 2026 after the market closes on Wednesday, June 10, 2026. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the Internet, for Thursday, June 11th at 9:00 a.m.

MIND's downgrade reflects declining backlog and customer concentration risks, even as recurring revenue growth and a strong balance sheet provide some support to the near-term outlook.

MIND incurs Q4 net loss per share and is pressured by delayed orders, while steady aftermarket demand provides some support despite weak financial performance.

MIND Technology, Inc. (MIND) Q4 2026 Earnings Call Transcript