MIND
MIND Technology, Inc.
There isn't enough reported data to score MIND yet.
MIND Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Stable | |
| Weak | |
| Strong |
MIND's balance sheet is currently strong, and its profitability is stable, but its revenue and cash flow are under pressure.
MIND PE Valuation
MIND has no meaningful PE right now: it lost money over the past year.
MIND Forward outlook
There aren't enough analyst estimates for MIND to show an outlook.
MIND Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q4 2022 | -$13.90 | -$3.00 |
| Q3 2022 | -$11.90 | $0.00 |
| Q2 2022 | -$12.20 | +$3.20 |
| Q1 2022 | -$13.10 | +$4.90 |
| Q4 2021 | -$10.90 | +$7.80 |
| Q3 2021 | -$11.90 | +$5.50 |
| Q2 2021 | -$15.40 | -$0.90 |
| Q1 2021 | -$18.00 | -$7.00 |
MIND has returned to profit: it earned $0.09 per share over the past year, after losing money the year before.
MIND Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $5.6M | -59% |
| Q2 2026 | $9.7M | +22% |
| Q1 2026 | $9.8M | -35% |
| Q4 2025 | $9.7M | -20% |
| Q3 2025 | $13.6M | +35% |
| Q2 2025 | $7.9M | -18% |
| Q1 2025 | $15M | +12% |
| Q4 2024 | $12.1M | +143% |
MIND's revenue has slid since its 2025 peak: $6M last quarter, down 59% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -32% | -52 points |
| Q2 2026 | 0.1% | +8.5 points |
| Q1 2026 | 0.8% | -18 points |
| Q4 2025 | 8% | -7.5 points |
| Q3 2025 | 20% | +5.4 points |
| Q2 2025 | -8.3% | -16 points |
| Q1 2025 | 18% | +1.2 points |
| Q4 2024 | 16% | +45 points |
MIND's operating margin was −32% last quarter, down 52 points from the same quarter a year ago.
MIND Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$1.9M | -$557K |
| Q2 2026 | -$1.4M | -136% |
| Q1 2026 | -$1.4M | -175% |
| Q4 2025 | $801K | -64% |
| Q3 2025 | -$1.3M | -237% |
| Q2 2025 | $3.8M | +$8.7M |
| Q1 2025 | $1.8M | +198% |
| Q4 2024 | $2.2M | +$4.5M |
MIND has burned cash in most quarters: −$4M over the past year, against $7M the year before.
MIND Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | +14% | +1.1M shares |
| 3 years | +560% | +7.7M shares |
| 5 years | +647% | +7.9M shares |
MIND has 9M diluted shares, up 14% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | — |
| Q4 2022 | — |
| Q3 2022 | — |
| Q2 2022 | $1,000 |
MIND Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -4.0x | Net Cash |
| Q1 2026 | -5.1x | Net Cash |
| Q4 2025 | -3.0x | Net Cash |
| Q3 2025 | -1.0x | Net Cash |
| Q2 2025 | -1.5x | Net Cash |
| Q1 2025 | -0.7x | Net Cash |
| Q4 2024 | -0.5x | Net Cash |
| Q3 2024 | -0.5x | Net Cash |
MIND has more cash than debt.
MIND Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 28.8 | Oversold |
| Stochastic | 10.2 | Oversold |
MIND's weekly RSI is 29 (oversold) and its Stochastic is 10 (oversold).
MIND PE vs Technology Sector
| Metric | MIND | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
MIND has no meaningful PE right now: it lost money over the past year.
MIND Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.03 | 23% below |
| 20 week MA | $4.47 | 31% below |
| 50 week MA | $6.47 | 52% below |
| 100 week MA | $7.35 | 58% below |
| 200 week MA | $6.24 | 50% below |
MIND is in a downtrend: it's below all five of its weekly moving averages, and 50% below its 200-week average.
MIND Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $27.5 | $21.8 | -21% |
| 2021 | $21.8 | $16.3 | -25% |
| 2022 | $16.3 | $4.30 | -74% |
| 2023 | $4.30 | $6.59 | +53% |
| 2024 | $6.59 | $7.79 | +18% |
| 2025 | $7.79 | $9.23 | +18% |
| 2026 YTD | $9.23 | $3.09 | -67% |
MIND has finished lower in three of the last six years. It's down 67% so far in 2026.