Latest revenue
$9.7M
as of 2025-10-31
Latest net income
$62.0K
as of 2025-10-31
Net margin
0.6%
as of 2025-10-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $63.7M
- Enterprise value
- $63.7M
- P/E (trailing)
- 85.0×
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $14.50
- 52-wk low
- $5.51
- Beta
- —
- Shares out
- 9.1M
5-year trend
What this company does
Item 1. Business MIND Technology, Inc. (“MIND” and, together with its consolidated subsidiaries, the “Company”, “we”, “us” and “our”), a Delaware corporation, was incorporated in 1987. We provide technology to the oceanographic, hydrographic, seismic and maritime security industries. Headquartered in The Woodlands, Texas, MIND has a global presence with key operating locations in the United States, Singapore, Malaysia and the United Kingdom. We operate in one segment, Seamap. Our Seamap business includes Seamap Pte Ltd, MIND Maritime Acoustics, LLC, Seamap (Malaysia) Sdn Bhd and Seamap (UK) Ltd (collectively “Seamap”), which designs, manufactures and sells specialized marine seismic…
AI summary unavailable — showing raw filing excerpt
Generated from MIND's filing dated 2026-04-20
Key risks
Item 1A. Risk Factors The risks described below could materially and adversely affect our business, financial condition, results of operations and the actual outcome of matters as to which forward-looking statements are made in this Form 10-K. The risk factors described below are not the only risks we face. Our business, financial condition and results of operations may also be affected by additional factors that are not currently known to us, that we currently consider immaterial or that are not specific to us, such as general economic conditions. You should refer to the explanation of the qualifications and limitations on forward-looking statements included under “Cautionary Statement…
AI summary unavailable — showing raw filing excerpt
Generated from MIND's filing dated 2026-04-20
Profitability
Gross margin
45.6%
1.9%Operating margin
7.0%
52.0%Net margin
1.8%
83.1%Return on equity
1.8%
91.9%Return on assets
1.5%
89.0%Leverage
Debt / equity
0.19×
69.5%Long-term debt / equity
0.00×
Debt / assets
15.9%
58.4%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-01-31 | $9.8M | -34.9% | $699.0K | -65.6% | 7.1% |
Q4 2025 2025-10-31 | $9.7M | -20.0% | $62.0K | -95.2% | 0.6% |
Q3 2025 2025-07-31 | $13.6M | +35.1% | $959.0K | +20.2% | 7.1% |
Q2 2025 2025-04-30 | $7.9M | -18.4% | $-970.0K | -201.7% | -12.3% |
Q1 2025 2025-01-31 | $15.0M | — | $2.0M | — | 13.5% |
Q4 2024 2024-10-31 | $12.1M | +143.4% | $1.3M | +127.3% | 10.7% |
Q3 2024 2024-07-31 | $10.0M | +32.7% | $798.0K | +153.4% | 8.0% |
Q2 2024 2024-04-30 | $9.7M | — | $954.0K | — | 9.9% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Search, Detection, Navigation, Guidance, Aeronautical Sys · SIC 3812
Your notes
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Insider activity
Insider buying
$0
Insider selling
$0
Net activity
+$0
Distinct insiders
0
Open-market trades over the last 365 days.
Recent transactions
| Date | Insider | Type | Shares | Price | Value |
|---|
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns MIND
Institutional value
$7.3M
Total shares held
936.0K
Distinct holders
32
-24 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 309.6K | $2.6M | — | New |
| 2 | ARS Investment Partners, LLC | 78.3K | $653.7K | -1.2K (-1.5%) | Trimmed |
| 3 | BlackRock, Inc. | 70.4K | $588.0K | +3.6K (+5.3%) | Added |
| 4 | DIMENSIONAL FUND ADVISORS LP | 63.5K | $530.6K | +0 (+0.0%) | No change |
| 5 | Stratos Wealth Partners, LTD. | 62.8K | $524.1K | -17.7K (-22.0%) | Trimmed |
| 6 | COMMONWEALTH EQUITY SERVICES, LLC | 54.8K | $457.9K | +0 (+0.0%) | No change |
| 7 | VANGUARD FIDUCIARY TRUST CO | 49.1K | $410.4K | — | New |
| 8 | LPL Financial LLC | 48.3K | $402.9K | +28.5K (+144.5%) | Added |
| 9 | Kingsview Wealth Management, LLC | 40.0K | $334.4K | — | New |
| 10 | UBS Group AG | 39.0K | $326.0K | -2.0K (-4.9%) | Trimmed |
| 11 | JANE STREET GROUP, LLC | 14.5K | $120.8K | -17.7K (-55.0%) | Trimmed |
| 12 | WELLS FARGO & COMPANY/MN | 13.5K | $113.0K | +0 (+0.0%) | No change |
| 13 | Cetera Investment Advisers | 10.4K | $87.0K | — | New |
| 14 | Pinnacle Holdings, LLC | 5.3K | $44.1K | +0 (+0.0%) | No change |
| 15 | Vanguard Global Advisers, LLC | 4.4K | $37.0K | — | New |
| 16 | IFP Advisors, Inc | 2.6K | $21.9K | +490 (+23.0%) | Added |
| 17 | INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | 2.6K | $21.4K | +0 (+0.0%) | No change |
| 18 | CoreCap Advisors, LLC | 1.2K | $10.0K | +0 (+0.0%) | No change |
| 19 | Truvestments Capital LLC | 1.1K | $9.4K | — | New |
| 20 | Hurley Capital, LLC | 1.0K | $8.3K | +0 (+0.0%) | No change |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once MIND's latest filing finishes processing.