MIND Technology, Inc.: stock overview

MINDNASDAQIndustrials · Search, Detection, Navigation, Guidance, Aeronautical Sys

Price

$2.96

November 13, 2026Market cap $27M

DCF calculator

What Ploutos Investor adds for MIND Technology

Part of Ploutos Investor, €9.99 a month

See the plans
  • The full history: 17 fiscal years, from FY2010
  • The estimated fair value, with its range and its certainty
  • The full analysis, 18 a month
  • More questions to the chat on its filings
  • Excel with every year
  • An email when it reports, changes its dividend or an officer buys

Sign in with a free account to see the last 5 fiscal years.

Notes on these figures

  • The share price has fallen 24% since Sep 9, 2026, when the 10-Q these figures come from was filed ($3.89 then, $2.96 on Nov 13, 2026). The figures date from before that move.10-Q

In short

MIND Technology had revenue of $35M over the last 12 months and a net loss of $2.4M. Revenue grew by 14.1% a year on average over the last 5 years. It holds more cash than debt, by $16M. It pays no dividend.

From its SEC filings (latest fiscal year to January 31, 2026) and the price of November 13, 2026.

Its SEC filings
Market cap
$27M
9.09M shares
P/E
–
Revenue, 12 months
$35M
+14.1% a year over 5 years
Net margin
-6.8%
FY2025: 1.8%, above 55% of its industry

Worth knowing

What a holder would want to hear from the company's SEC filings of the last three years. Each with its filing, without comment.

3 fiscal years in figures

Each fiscal year's figures as the company filed them, and the share price at its end.

FY2024–FY2026 fiscal years

+5.9% a year over 2 years

  • FY2026Jan 31, 202610-K
    Revenue$41M
  • FY2025Jan 31, 202510-K
    Revenue$47M
  • FY2024Jan 31, 202410-K
    Revenue$37M

Fiscal years in figures

MIND's revenue, profit, cash flow and dividend with each year-end price, from FY2010 to FY2023, 14 more fiscal years

Part of Ploutos Investor, €9.99 a month

See the plans

Sign in with a free account to see the last 5 fiscal years.

Key figures

The company's current figures in five groups. Each term is explained behind its ⓘ.

Valuation

Market cap 3-year median: $74M
$27M
Enterprise value 
$11M
P/E 
–
EV / EBIT 
–
EV / Revenue 
0.3
P/B 3-year median: 1.9
0.7
FCF yield 3-year median: 0.3%
–
Earnings yield 
–

Profitability

Gross margin 
42.2%
Operating margin 
-2.7%
Net margin 3-year median: 1.8%
-6.8%
ROIC 
-1.9%
ROIC, 5-year average 
-6.1%
ROE 
-6.1%

Growth

Revenue, yearly change 
-12.6%
EPS, yearly change 
-97.9%
FCF, yearly change 
+798.6%
Revenue, average a year 
+14.1%

The yearly change compares FY2026 with FY2025.

Balance sheet

Cash 
$16M
Total debt 
$839.0K
Of which operating leases 
$839.0K
Net cash 
$16M
Net debt / EBITDA 
–
Interest cover 
–
Current ratio 
6.92

Balance sheet of July 31, 2026.

Returns to shareholders

Dividend yield 
0.00%
Buybacks 
–
Total returned 
0.00%
Shares, yearly change 
+14.1%
Valuation against its own pastEach fiscal year's P/E, P/FCF and P/B beside today's, and the DCF calculator for the company.Valuation

Against its industry

Where its margins and returns stood in fiscal 2025 among the SEC filers of its industry (SIC code 38).

Gross margin

45.6%

Above 27% of the 161 companies in its industry, and 64% of all.

Operating margin

7.0%

Above 57% of the 186 companies in its industry, and 56% of all.

Net margin

1.8%

Above 55% of the 189 companies in its industry, and 41% of all.

ROE

1.8%

Above 51% of the 174 companies in its industry, and 35% of all.

ROA

1.5%

Above 55% of the 190 companies in its industry, and 51% of all.

Revenue growth

-12.6%

Above 7% of the 186 companies in its industry, and 8% of all.

From the yearly figures every company files with the SEC, for those with revenue of at least $25 million. The industry is the first two digits of the SIC code.

The company at the SEC

How it is registered and when its fiscal year ends.

Name at the SEC
MIND TECHNOLOGY, INC
CIK
926423
Exchange
NASDAQ
Industry (SIC)
3812 · Search, Detection, Navigation, Guidance, Aeronautical Sys
Fiscal year ends
January 31
Latest annual report
January 31, 2026
Reporting currency
USD
Shares
9.09M

Other companies: Industrials

The largest companies of the same sector, each with its own page.

The Industrials sectorAll companies

The full analysis

What do MIND Technology's filings show?

These are MIND Technology's figures. The full Ploutos AI analysis reads everything the company has filed and shows what stands behind it, with a source for every figure.

  • A fair value range built from the filings
  • Earnings quality, debt and red flags
  • Insider and institutional moves
  • The case for and the case against

Questions about MIND

Didn't find what you were looking for?

Ask us
What is MIND's market cap?

MIND Technology, Inc.'s market cap is $27M, at a price of $2.96 on November 13, 2026 and 9.09M shares.

How much revenue does MIND have?

MIND Technology had revenue of $35M over the last 12 months. Over the last 5 years it changed by +14.1% a year on average.

Does MIND pay a dividend?

No. MIND Technology paid no regular dividend over the last 12 months.

Where do the figures come from?

From MIND Technology, Inc.'s SEC filings (10-K and 10-Q) and the share price. They hold no analyst estimates and no score, and they are not a recommendation.

Related pages

The other pages on US stocks, free to read. On the company pages, the last three fiscal years are open to everyone, five with a free account, and every year with Ploutos Investor.

US stocksThe market today, the sectors, the largest companies and the week's results.The market's sectorsThe 11 sectors side by side: returns, share of the market, median P/E and dividend.Compare stocksTwo companies side by side: price over up to ten years, with and without dividends, and every figure.US dividend stocksEach dividend's yield next to whether the company's cash covers it and whether it was ever cut.

The figures come from the company's SEC filings and the share price, and describe what it has reported. They are not a score or a fair value.