Mind Technology Gross Margin Growth & History (MIND)

Mind Technology's gross margin was 45.58% for fiscal 2026.

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Mind Technology annual gross margin history

Mind Technology annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20262026-01-3145.58%+0.84 pp
20252025-01-3144.74%+1.00 pp
20242024-01-3143.74%+3.96 pp
20232023-01-3139.78%+13.72 pp
20222022-01-3126.06%−8.39 pp
20212021-01-3134.45%−8.84 pp
20202020-01-3143.30%−2.26 pp
20192019-01-3145.56%+63.64 pp
20172017-01-31−18.08%−23.23 pp
20162016-01-315.15%−22.82 pp
20152015-01-3127.97%−6.79 pp
20142014-01-3134.76%−0.98 pp
20132013-01-3135.74%−15.44 pp
20122012-01-3151.18%+13.85 pp
20112011-01-3137.33%+4.48 pp
20102010-01-3132.85%

Mind Technology gross margin trends

Over the last five reported fiscal years, Mind Technology's gross margin increased from 34.45% to 45.58%, a change of +11.13 percentage points. The latest reported quarter, Q1 2027, shows 42.36%.

About the metric

What gross margin means

Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.

Calculation and source

How gross margin is calculated

TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Mind Technology filings at SEC.gov ↗