# Mind Technology, Inc: overview

MIND · Nasdaq · CIK 926423 · [Technology](/sectors/technology.md) · fiscal year ends Jan 31

Pages: [Overview](/companies/mind.md) · [Financials](/companies/mind/financials.md) · [Filings](/companies/mind/filings.md) · [Insiders](/companies/mind/insiders.md)

Latest reported revenue: [$5.6m](/filings/0001437749-26-029986.md) for Q2 FY2027, three months to 2026-07-31, from the 10-Q filed Sep 9, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001437749-26-029986).

## Last eight quarters

| Line item | Unit | Q3 FY2025 (2024-10-31) | Q4 FY2025 (2025-01-31) | Q1 FY2026 (2025-04-30) | Q2 FY2026 (2025-07-31) | Q3 FY2026 (2025-10-31) | Q4 FY2026 (2026-01-31) | Q1 FY2027 (2026-04-30) | Q2 FY2027 (2026-07-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [12.1](/filings/0001437749-25-037555.md) | [15.0 d](/filings/0001437749-26-012831.md) | [7.9](/filings/0001437749-26-020298.md) | [13.6](/filings/0001437749-26-029986.md) | [9.7](/filings/0001437749-25-037555.md) | [9.8 d](/filings/0001437749-26-012831.md) | [9.7](/filings/0001437749-26-020298.md) | [5.6](/filings/0001437749-26-029986.md) |
| Gross margin | % | [44.8%](/filings/0001437749-25-037555.md) | [43.5% d](/filings/0001437749-26-012831.md) | [42.2%](/filings/0001437749-26-020298.md) | [50.4%](/filings/0001437749-26-029986.md) | [46.6%](/filings/0001437749-25-037555.md) | [40.7% d](/filings/0001437749-26-012831.md) | [42.4%](/filings/0001437749-26-020298.md) | [37.2%](/filings/0001437749-26-029986.md) |
| Operating margin | % | [15.5%](/filings/0001437749-25-037555.md) | [18.5% d](/filings/0001437749-26-012831.md) | [(8.3%)](/filings/0001437749-26-020298.md) | [19.6%](/filings/0001437749-26-029986.md) | [8.0%](/filings/0001437749-25-037555.md) | [0.8% d](/filings/0001437749-26-012831.md) | [0.1%](/filings/0001437749-26-020298.md) | [(31.9%)](/filings/0001437749-26-029986.md) |
| Net margin | % | [10.7%](/filings/0001437749-25-037555.md) | [13.5% d](/filings/0001437749-26-012831.md) | [(12.3%)](/filings/0001437749-26-029986.md) | [14.2%](/filings/0001437749-26-029986.md) | [0.6%](/filings/0001437749-25-037555.md) | [(2.8%) d](/filings/0001437749-26-012831.md) | [(4.2%)](/filings/0001437749-26-029986.md) | [(30.8%)](/filings/0001437749-26-029986.md) |
| Diluted EPS | $ per share | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Free cash flow | $m | [2.2 d](/filings/0001437749-25-037555.md) | [1.8 d](/filings/0001437749-26-012831.md) | [3.8](/filings/0001437749-26-020298.md) | [(1.3) d](/filings/0001437749-26-029986.md) | [0.8 d](/filings/0001437749-25-037555.md) | [(1.4) d](/filings/0001437749-26-012831.md) | [(1.4)](/filings/0001437749-26-020298.md) | [(1.9) d](/filings/0001437749-26-029986.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL not reported.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2022 (2022-01-31) | FY2023 (2023-01-31) | FY2024 (2024-01-31) | FY2025 (2025-01-31) | FY2026 (2026-01-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [23.1](/filings/0001437749-23-011925.md) | [25.0](/filings/0001437749-24-013973.md) | [36.5](/filings/0001437749-25-013105.md) | [46.9](/filings/0001437749-26-012831.md) | [40.9](/filings/0001437749-26-012831.md) |
| Gross margin | % | [26.1%](/filings/0001437749-23-011925.md) | [39.8%](/filings/0001437749-24-013973.md) | [43.7%](/filings/0001437749-25-013105.md) | [44.7%](/filings/0001437749-26-012831.md) | [45.6%](/filings/0001437749-26-012831.md) |
| Operating margin | % | [(62.9%)](/filings/0001437749-23-011925.md) | [(22.6%)](/filings/0001437749-24-013973.md) | [1.4%](/filings/0001437749-25-013105.md) | [14.5%](/filings/0001437749-26-012831.md) | [7.0%](/filings/0001437749-26-012831.md) |
| Net margin | % | [(65.3%)](/filings/0001437749-23-011925.md) | [(35.3%)](/filings/0001437749-24-013973.md) | [0.8%](/filings/0001437749-25-013105.md) | [10.8%](/filings/0001437749-26-012831.md) | [1.8%](/filings/0001437749-26-012831.md) |
| Diluted EPS | $ per share | [(1.31)](/filings/0001437749-23-011925.md) | [(0.92)](/filings/0001437749-23-011925.md) | not reported | not reported | not reported |
| Free cash flow | $m | [(18.0)](/filings/0001437749-23-011925.md) | [(3.5)](/filings/0001437749-24-013973.md) | [(5.3)](/filings/0001437749-25-013105.md) | [0.2](/filings/0001437749-26-012831.md) | [1.9](/filings/0001437749-26-012831.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/mind/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $1.8m | 373,107 |  | Added +63,470 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $476.6k | 100,923 |  | Reduced −813 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $374.2k | 79,281 |  | Added +8,865 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $289.4k | 61,307 |  | Reduced −2,233 |
| [Stratos Wealth Partners, LTD.](/funds/1612865.md) | 2026-06-30 | $279.4k | 59,203 |  | Reduced −3,560 |
| [VANGUARD FIDUCIARY TRUST CO](/funds/933478.md) | 2026-06-30 | $278.1k | 58,930 |  | Added +9,782 |
| [COMMONWEALTH EQUITY SERVICES, LLC](/funds/312272.md) | 2026-06-30 | $250.2k | 53,014 |  | Reduced −1,820 |
| [ARS Investment Partners, LLC](/funds/733020.md) | 2026-06-30 | $237.6k | 50,348 |  | Reduced −27,934 |
| [LPL Financial LLC](/funds/1403438.md) | 2026-06-30 | $231.7k | 49,093 |  | Added +843 |
| [CWM, LLC](/funds/1535847.md) | 2026-03-31 | $210.9k | 25,255 |  | Not compared |

## Recent filings

[All 692 filings](/companies/mind/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-09 | 16:16 ET | [10-Q](/filings/0001437749-26-029986.md) | Quarterly report, period 2026-07-31 | 0001437749-26-029986 |
| 2026-09-08 | 16:30 ET | [8-K](/filings/0001437749-26-029839.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001437749-26-029839 |
| 2026-07-23 | 16:15 ET | [8-K](/filings/0001437749-26-024316.md) | 5.07 Shareholder vote results | 0001437749-26-024316 |
| 2026-06-11 | 16:16 ET | [10-Q](/filings/0001437749-26-020298.md) | Quarterly report, period 2026-04-30 | 0001437749-26-020298 |
| 2026-06-10 | 16:29 ET | [8-K](/filings/0001437749-26-020175.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001437749-26-020175 |
| 2026-06-01 | 16:26 ET | [DEF 14A](/filings/0001437749-26-019049.md) | Proxy statement, period 2026-07-23 | 0001437749-26-019049 |
| 2026-04-20 | 16:16 ET | [10-K](/filings/0001437749-26-012831.md) | Annual report, period 2026-01-31 | 0001437749-26-012831 |
| 2026-04-15 | 16:39 ET | [8-K](/filings/0001437749-26-012420.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001437749-26-012420 |
| 2025-12-11 | 16:16 ET | [10-Q](/filings/0001437749-25-037555.md) | Quarterly report, period 2025-10-31 | 0001437749-25-037555 |
| 2025-12-09 | 16:26 ET | [8-K](/filings/0001437749-25-037259.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001437749-25-037259 |

## Latest annual report

[Form 10-K for the fiscal year ended Jan 31, 2026](/filings/0001437749-26-012831.md), filed Apr 20, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 926423
- Tickers: MIND
- Exchange: Nasdaq
- SIC code: 3812 Search, Detection, Navigation, Guidance, Aeronautical Sys
- State of incorporation: DE
- Filer category: Non-accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:29 ET. No prices; not investment advice.
