Mind Technology annual gross margin
2010
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2026
Mind Technology Gross Margin Growth & History (MIND)
Mind Technology's gross margin was 45.58% for fiscal 2026.
View full Mind Technology company overviewMind Technology annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-01-31 | 45.58% | +0.84 pp |
| 2025 | 2025-01-31 | 44.74% | +1.00 pp |
| 2024 | 2024-01-31 | 43.74% | +3.96 pp |
| 2023 | 2023-01-31 | 39.78% | +13.72 pp |
| 2022 | 2022-01-31 | 26.06% | −8.39 pp |
| 2021 | 2021-01-31 | 34.45% | −8.84 pp |
| 2020 | 2020-01-31 | 43.30% | −2.26 pp |
| 2019 | 2019-01-31 | 45.56% | — |
| 2017 | 2017-01-31 | −18.08% | −23.23 pp |
| 2016 | 2016-01-31 | 5.15% | −22.82 pp |
| 2015 | 2015-01-31 | 27.97% | −6.79 pp |
| 2014 | 2014-01-31 | 34.76% | −0.98 pp |
| 2013 | 2013-01-31 | 35.74% | −15.44 pp |
| 2012 | 2012-01-31 | 51.18% | +13.85 pp |
| 2011 | 2011-01-31 | 37.33% | +4.48 pp |
| 2010 | 2010-01-31 | 32.85% | — |
Mind Technology quarterly gross margin
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Q1.27
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q1 2027 | 2026-04-30 | 42.36% | +0.21 pp |
| Q4 2026 | 2026-01-31 | 40.74% | −2.80 pp |
| Q3 2026 | 2025-10-31 | 46.58% | +1.80 pp |
| Q2 2026 | 2025-07-31 | 50.36% | +2.75 pp |
| Q1 2026 | 2025-04-30 | 42.15% | −1.43 pp |
| Q4 2025 | 2025-01-31 | 43.54% | −3.11 pp |
| Q3 2025 | 2024-10-31 | 44.78% | −0.51 pp |
| Q2 2025 | 2024-07-31 | 47.61% | +8.71 pp |
| Q1 2025 | 2024-04-30 | 43.58% | +0.78 pp |
| Q4 2024 | 2024-01-31 | 46.65% | −7.52 pp |
| Q3 2024 | 2023-10-31 | 45.30% | +16.92 pp |
| Q2 2024 | 2023-07-31 | 38.90% | −1.71 pp |
| Q1 2024 | 2023-04-30 | 42.80% | +6.61 pp |
| Q4 2023 | 2023-01-31 | 54.17% | +51.91 pp |
| Q3 2023 | 2022-10-31 | 28.37% | −9.60 pp |
| Q2 2023 | 2022-07-31 | 40.61% | +7.93 pp |
| Q1 2023 | 2022-04-30 | 36.19% | +23.25 pp |
| Q4 2022 | 2022-01-31 | 2.26% | −37.33 pp |
| Q3 2022 | 2021-10-31 | 37.98% | +3.21 pp |
| Q2 2022 | 2021-07-31 | 32.67% | −6.99 pp |
| Q1 2022 | 2021-04-30 | 12.95% | −2.24 pp |
| Q4 2021 | 2021-01-31 | 39.59% | −5.27 pp |
| Q3 2021 | 2020-10-31 | 34.77% | −5.12 pp |
| Q2 2021 | 2020-07-31 | 39.66% | −1.50 pp |
| Q1 2021 | 2020-04-30 | 15.19% | −47.35 pp |
| Q4 2020 | 2020-01-31 | 44.86% | +17.19 pp |
| Q3 2020 | 2019-10-31 | 39.88% | −16.26 pp |
| Q2 2020 | 2019-07-31 | 41.16% | +10.22 pp |
| Q1 2020 | 2019-04-30 | 62.54% | +28.96 pp |
| Q4 2019 | 2019-01-31 | 27.67% | +14.44 pp |
| Q3 2019 | 2018-10-31 | 56.14% | +45.72 pp |
| Q2 2019 | 2018-07-31 | 30.94% | +25.23 pp |
| Q1 2019 | 2018-04-30 | 33.58% | +16.25 pp |
| Q4 2018 | 2018-01-31 | 13.23% | +34.50 pp |
| Q3 2018 | 2017-10-31 | 10.42% | +36.95 pp |
| Q2 2018 | 2017-07-31 | 5.70% | +31.58 pp |
| Q1 2018 | 2017-04-30 | 17.33% | +20.45 pp |
| Q4 2017 | 2017-01-31 | −21.27% | −12.35 pp |
| Q3 2017 | 2016-10-31 | −26.52% | −37.51 pp |
| Q2 2017 | 2016-07-31 | −25.88% | +8.66 pp |
| Q1 2017 | 2016-04-30 | −3.12% | −29.81 pp |
| Q4 2016 | 2016-01-31 | −8.92% | −20.73 pp |
| Q3 2016 | 2015-10-31 | 10.99% | −19.60 pp |
| Q2 2016 | 2015-07-31 | −34.54% | −51.10 pp |
| Q1 2016 | 2015-04-30 | 26.69% | −17.00 pp |
| Q4 2015 | 2015-01-31 | 11.81% | −22.72 pp |
| Q3 2015 | 2014-10-31 | 30.59% | +6.16 pp |
| Q2 2015 | 2014-07-31 | 16.56% | −4.02 pp |
| Q1 2015 | 2014-04-30 | 43.69% | −9.79 pp |
| Q4 2014 | 2014-01-31 | 34.53% | +3.64 pp |
| Q3 2014 | 2013-10-31 | 24.43% | +0.99 pp |
| Q2 2014 | 2013-07-31 | 20.58% | −11.48 pp |
| Q1 2014 | 2013-04-30 | 53.49% | +4.72 pp |
| Q4 2013 | 2013-01-31 | 30.89% | −26.54 pp |
| Q3 2013 | 2012-10-31 | 23.44% | −27.76 pp |
| Q2 2013 | 2012-07-31 | 32.06% | −6.54 pp |
| Q1 2013 | 2012-04-30 | 48.76% | −3.78 pp |
| Q4 2012 | 2012-01-31 | 57.43% | — |
| Q3 2012 | 2011-10-31 | 51.20% | +21.26 pp |
| Q2 2012 | 2011-07-31 | 38.60% | +7.88 pp |
| Q1 2012 | 2011-04-30 | 52.54% | — |
| Q3 2011 | 2010-10-31 | 29.94% | — |
| Q2 2011 | 2010-07-31 | 30.72% | — |
Mind Technology gross margin trends
Over the last five 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.
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