Mind Technology Operating Expenses Growth & History (MIND)
Mind Technology's operating expenses was $15.8M for fiscal 2026.
View full Mind Technology company overviewMind Technology annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-01-31 | $15.8M | $1.7M | +11.71% |
| 2025 | 2025-01-31 | $14.1M | −$1.3M | −8.44% |
| 2024 | 2024-01-31 | $15.5M | −$147,000 | −0.94% |
| 2023 | 2023-01-31 | $15.6M | −$5.0M | −24.15% |
| 2022 | 2022-01-31 | $20.6M | −$1.1M | −4.95% |
| 2021 | 2021-01-31 | $21.6M | $2.4M | +12.44% |
| 2020 | 2020-01-31 | $19.2M | −$5.5M | −22.28% |
| 2019 | 2019-01-31 | $24.8M | −$1.0M | −4.00% |
| 2018 | 2018-01-31 | $25.8M | $1.9M | +8.02% |
| 2017 | 2017-01-31 | $23.9M | −$5.6M | −18.87% |
| 2016 | 2016-01-31 | $29.4M | −$570,000 | −1.90% |
| 2015 | 2015-01-31 | $30.0M | $3.8M | +14.46% |
| 2014 | 2014-01-31 | $26.2M | $2.7M | +11.48% |
| 2013 | 2013-01-31 | $23.5M | $303,000 | +1.31% |
| 2012 | 2012-01-31 | $23.2M | $3.5M | +17.68% |
| 2011 | 2011-01-31 | $19.7M | $2.5M | +14.30% |
| 2010 | 2010-01-31 | $17.3M | — | — |
Mind Technology quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-04-30 | $4.1M | $94,000 | +2.36% |
| Q4 2026 | 2026-01-31 | $3.9M | $145,000 | +3.85% |
| Q3 2026 | 2025-10-31 | $3.7M | $194,000 | +5.47% |
| Q2 2026 | 2025-07-31 | $4.2M | $817,000 | +24.40% |
| Q1 2026 | 2025-04-30 | $4.0M | $501,000 | +14.36% |
| Q4 2025 | 2025-01-31 | $3.8M | −$154,000 | −3.93% |
| Q3 2025 | 2024-10-31 | $3.5M | −$161,000 | −4.34% |
| Q2 2025 | 2024-07-31 | $3.3M | −$360,000 | −9.71% |
| Q1 2025 | 2024-04-30 | $3.5M | −$629,000 | −15.28% |
| Q4 2024 | 2024-01-31 | $3.9M | $2.9M | +300.20% |
| Q3 2024 | 2023-10-31 | $3.7M | −$60,000 | −1.59% |
| Q2 2024 | 2023-07-31 | $3.7M | −$1.4M | −27.14% |
| Q1 2024 | 2023-04-30 | $4.1M | −$1.6M | −28.59% |
| Q4 2023 | 2023-01-31 | $980,000 | −$4.2M | −81.10% |
| Q3 2023 | 2022-10-31 | $3.8M | −$1.5M | −27.90% |
| Q2 2023 | 2022-07-31 | $5.1M | $266,000 | +5.52% |
| Q1 2023 | 2022-04-30 | $5.8M | $429,000 | +8.04% |
| Q4 2022 | 2022-01-31 | $5.2M | −$838,000 | −13.92% |
| Q3 2022 | 2021-10-31 | $5.2M | $676,000 | +14.87% |
| Q2 2022 | 2021-07-31 | $4.8M | $380,000 | +8.55% |
| Q1 2022 | 2021-04-30 | $5.3M | −$1.3M | −19.46% |
| Q4 2021 | 2021-01-31 | $6.0M | $2.1M | +53.23% |
| Q3 2021 | 2020-10-31 | $4.5M | −$87,000 | −1.88% |
| Q2 2021 | 2020-07-31 | $4.4M | −$40,000 | −0.89% |
| Q1 2021 | 2020-04-30 | $6.6M | $428,000 | +6.91% |
| Q4 2020 | 2020-01-31 | $3.9M | −$2.0M | −33.77% |
| Q3 2020 | 2019-10-31 | $4.6M | −$939,000 | −16.85% |
| Q2 2020 | 2019-07-31 | $4.5M | −$2.0M | −30.34% |
| Q1 2020 | 2019-04-30 | $6.2M | −$620,000 | −9.09% |
| Q4 2019 | 2019-01-31 | $5.9M | −$3.1M | −34.25% |
| Q3 2019 | 2018-10-31 | $5.6M | −$121,000 | −2.13% |
| Q2 2019 | 2018-07-31 | $6.4M | $846,000 | +15.13% |
| Q1 2019 | 2018-04-30 | $6.8M | $1.3M | +24.33% |
| Q4 2018 | 2018-01-31 | $9.0M | $2.8M | +44.61% |
| Q3 2018 | 2017-10-31 | $5.7M | $97,000 | +1.73% |
| Q2 2018 | 2017-07-31 | $5.6M | −$483,000 | −7.95% |
| Q1 2018 | 2017-04-30 | $5.5M | −$482,000 | −8.08% |
| Q4 2017 | 2017-01-31 | $6.2M | −$3.8M | −37.59% |
| Q3 2017 | 2016-10-31 | $5.6M | −$2.1M | −27.32% |
| Q2 2017 | 2016-07-31 | $6.1M | −$122,000 | −1.97% |
| Q1 2017 | 2016-04-30 | $6.0M | $432,000 | +7.81% |
| Q4 2016 | 2016-01-31 | $10.0M | $518,000 | +5.46% |
| Q3 2016 | 2015-10-31 | $7.7M | $888,000 | +13.03% |
| Q2 2016 | 2015-07-31 | $6.2M | −$1.0M | −14.35% |
| Q1 2016 | 2015-04-30 | $5.5M | −$938,000 | −14.50% |
| Q4 2015 | 2015-01-31 | $9.5M | $3.6M | +61.67% |
| Q3 2015 | 2014-10-31 | $6.8M | −$692,000 | −9.22% |
| Q2 2015 | 2014-07-31 | $7.2M | $807,000 | +12.56% |
| Q1 2015 | 2014-04-30 | $6.5M | $57,000 | +0.89% |
| Q4 2014 | 2014-01-31 | $5.9M | −$151,000 | −2.51% |
| Q3 2014 | 2013-10-31 | $7.5M | $1.3M | +20.74% |
| Q2 2014 | 2013-07-31 | $6.4M | $367,000 | +6.06% |
| Q1 2014 | 2013-04-30 | $6.4M | $1.2M | +22.87% |
| Q4 2013 | 2013-01-31 | $6.0M | −$681,000 | −10.17% |
| Q3 2013 | 2012-10-31 | $6.2M | $272,000 | +4.58% |
| Q2 2013 | 2012-07-31 | $6.1M | $445,000 | +7.93% |
| Q1 2013 | 2012-04-30 | $5.2M | $267,000 | +5.39% |
| Q4 2012 | 2012-01-31 | $6.7M | — | — |
| Q3 2012 | 2011-10-31 | $5.9M | $1.7M | +40.42% |
| Q2 2012 | 2011-07-31 | $5.6M | $359,000 | +6.83% |
| Q1 2012 | 2011-04-30 | $5.0M | — | — |
| Q3 2011 | 2010-10-31 | $4.2M | — | — |
| Q2 2011 | 2010-07-31 | $5.3M | — | — |
Mind Technology operating expenses trends
Over the last five fiscal years, Mind Technology's operating expenses decreased from $21.6M to $15.8M, a change of −$5.8M. The latest reported quarter, Q1 2027, shows $4.1M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Mind Technology source filings ↗