MIND Technology, Inc. Common Stock (DE) financials
$4.33+1.76%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY26 Jan 31 | FY25 Jan 31 | FY24 Jan 31 | FY23 Jan 31 | FY22 Jan 31 | FY21 Jan 31 | FY20 Jan 31 | FY19 Jan 31 | FY18 Jan 31 | FY17 Jan 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $40.9M | $46.9M | $36.5M | $25.0M | $23.1M | $21.2M | $29.9M | $42.9M | $48.3M | $41.0M |
| Gross profit | $18.7M | $21.0M | $16.0M | $9.9M | $6.0M | $7.3M | $13.0M | $11.7M | $6.1M | -$7.4M |
| Gross margin | 45.6% | 44.7% | 43.7% | 39.8% | 26.1% | 34.5% | 43.3% | 27.3% | 12.6% | −18.1% |
| Operating income | $2.9M | $6.8M | $518.0K | -$5.7M | -$14.5M | -$14.3M | -$6.3M | -$13.0M | -$19.7M | -$31.3M |
| Net income | $750.0K | $17.6M | -$3.5M | -$12.6M | -$18.0M | -$22.6M | -$13.3M | -$21.5M | -$22.0M | -$33.6M |
| Net margin | 1.8% | 37.6% | −9.6% | −50.5% | −77.8% | −106.3% | −44.6% | −50.2% | −45.5% | −82.0% |
| Diluted EPS | $0.09 | $4.32 | $-2.50 | $-8.98 | $-13.10 | $-18.00 | $-11.00 | $-17.80 | $-18.20 | $-27.90 |
| EBITDA | $3.7M | $7.8M | $2.0M | -$3.8M | -$12.3M | -$7.2M | $2.2M | -$1.2M | -$1.6M | -$3.0M |
| Operating cash flow | $2.6M | $651.0K | -$5.0M | -$2.9M | -$17.0M | -$6.4M | -$5.8M | -$5.5M | $719.0K | $3.2M |
| Free cash flow | $1.9M | $214.0K | -$5.3M | -$3.5M | -$17.8M | -$6.6M | -$9.8M | -$8.0M | -$597.0K | $2.2M |
| Diluted shares | 8.3M | 4.1M | 1.4M | 1.4M | 1.4M | 1.3M | 1.2M | 1.2M | 1.2M | 1.2M |
Balance sheet
| Period end | Jan 31 | Jan 31 | Jan 31 | Jan 31 | Jan 31 | Jan 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $19.1M | $5.3M | $5.3M | $778.0K | $5.1M | $4.6M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $850.0K |
| Total assets | $49.3M | $36.7M | $33.5M | $32.9M | $42.0M | $39.8M |
| Total liabilities | $7.8M | $9.4M | $10.8M | $9.8M | $11.8M | $9.3M |
| Shareholders' equity | $41.4M | $27.3M | $22.6M | $23.1M | $30.3M | $30.4M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology