MIND logo

MIND TECHNOLOGY INC

MINDNASDAQ
πŸ† #3464 by market capEarnings Sep 7US Equity
$4.84β–Ό $0.18 (βˆ’3.69%)
πŸŒ™ After hours$4.89β–² 1.20%Regular close Β· extended-hours price shown
1hβ€”
24hβ–Ό 3.7%
7dβ–Ό 8.2%
14dβ–² 1.0%
30dβ–Ό 10.8%
1yβ–Ό 52.7%
🏦Market Cap
$44M
Small Cap
πŸ“ˆRevenue Growth (YoY)
-12.6%
Declining
πŸ“ŠGross Margin
44.0%
Healthy
πŸ’΅FCF Margin
-7.7%
Thin
βš–οΈP/S Ratio
1.0x
Cheap
Otter Score
42
Weak

Trading Snapshot

Day Range
$4.77 – $4.90
52-Week Range
$4.66 – $14.50
Volume
$2.42B
Avg Volume
$1.73B
Shares Outstanding
9.1M
Next Earnings
Sep 21, 2026

Fundamentals Snapshot

Annual Revenue
$41M
Last Q Revenue
$10M
P/E Ratio
28.8
P/S Ratio
1.0x
EPS (TTM)
$0.14
Dividend Yield
0.00%

Why Investors Own MIND

  • βœ“High-growth profile β€” revenue up +36.2% YoY with expanding US Equity exposure.
  • βœ“Healthy economics β€” 58% gross margin and 24% free-cash-flow margin.
  • βœ“New products and segments could unlock additional revenue streams.
⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

Financial Trends

Revenue (TTM)
$41Mβ–² +35.7% YoY
Gross Margin (TTM)
58.0%β–² +1.5% YoY
Operating Income (TTM)
$13Mβ–² +35.7% YoY
Free Cash Flow (TTM)
$10Mβ–² +35.7% YoY

About MIND TECHNOLOGY INC

MIND Technology, Inc., together with its subsidiary companies, delivers specialized technological solutions to a range of sectors, including oceanography, hydrography, defense, seismic exploration, and maritime security. Their core product line features advanced systems such as the GunLink, which facilitates the precise acquisition, monitoring, and control of seismic energy sources for marine surveys. The BuoyLink RGPS tracking system is vital for accurately positioning marine seismic energy sources and streamers. Other key offerings include Digishot energy source controllers, Sleeve Gun energy sources, and the SeaLink series of marine sensors and solid streamer systems. Beyond these primary products, MIND supplies various components like streamer weight collars, depth and pressure transducers, air control valves, and source array systems. The company also provides critical support services, encompassing spare parts, replacement components, repair and engineering assistance, comprehensive training, field service operations, and umbilical terminations. Additionally, they offer side scan sonar equipment and related systems. MIND serves a diverse customer base, including governmental organizations and commercial entities, distributing its products through an internal sales force and a vast global network of distributors and representatives. The company boasts a significant international presence, with operations spanning the United States, Europe, Canada, Latin America, the Asia/South Pacific region, and Eurasia. Founded in 1987, MIND Technology, Inc., previously known as Mitcham Industries, Inc., maintains its corporate headquarters in The Woodlands, Texas.

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Otter Score Breakdown

β“˜
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
Overall Score
Weak
42/100

Analyst Ratings

β“˜
Consensus
Buy
7 analysts
Strong Buy3
Buy3
Hold1
Sell0
Strong Sell0
Ratings as of Aug 2026

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