
MIND Technology, Inc.
MINDNASDAQTechnologyHardware, Equipment & Parts
Regular session
$4.39
−$0.14 · -3.09%
MIND company overview
Regular session · ET · Market data may be delayed.
GoAI snapshot
AI-powered factor overview
GoAI score
Hold
Wait — insufficient conviction to act
Valuation
65
Undervalued
Momentum
23
Weakening
Sentiment
60
Mixed
Risk resilience
34
High Risk
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Company profile
Company websiteMIND 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.
- Industry
- Hardware, Equipment & Parts
- Sector
- Technology
- Headquarters
- US
- CEO
- Robert Capps
- Listed since
- Dec 19, 1994
- Employees
- 157
Market position
Day range
Current $4.39
52-week range
Current $4.39
- Open
- $4.42
- Previous close
- $4.53
- Volume
- 43.19K
- 0.33× average
- Average volume
- 131.28K
- Average daily volume
- Market cap
- 39.99M USD
- Beta
- 0.38
- Market reference 1
- 50-day average
- $5.0664
- -13.35% below average
- 200-day average
- $7.6248
- -42.42% below average
Financials
Financial snapshot
Latest / TTMValuation & yield
- Enterprise value
- 61.14M USD
- P/E (TTM)
- 25.92×
- P/B (TTM)
- 0.95×
- P/S (TTM)
- 0.92×
- EV / EBITDA
- 16.2×
- Earnings yield
- 0.95%
- Free cash flow yield
- 2.43%
- Dividend yield
- 0.00%
Profitability & efficiency
- Gross margin
- 43.97%
- Operating margin
- 8.26%
- Net margin
- 3.06%
- Return on equity
- 1.81%
- Return on assets
- 1.52%
- Return on invested capital
- 1.74%
Financial health
- Debt / equity
- 0.02×
- Current ratio
- 6.03×
- Altman Z-score
- 1.66
- Piotroski F-score
- 4 of 9
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (USD) | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Revenue | 40.95M USD | 46.86M USD | 36.51M USD | 25.01M USD | 23.11M USD |
| Cost of goods sold | 23.16M USD | 26.84M USD | 21.72M USD | 16.41M USD | 19.29M USD |
| Gross profit | 17.79M USD | 20.02M USD | 14.79M USD | 8.61M USD | 3.81M USD |
| Research and development | 1.59M USD | 1.91M USD | 2.13M USD | 1.37M USD | 3.6M USD |
| Selling, general, and administrative | 13.35M USD | 11.29M USD | 12.14M USD | 12.88M USD | 14.76M USD |
| Operating expenses | 14.93M USD | 13.21M USD | 14.28M USD | 14.26M USD | 18.36M USD |
| Interest expense | — | — | 675K USD | 519K USD | — |
| Depreciation and amortization | 873K USD | 944K USD | 1.18M USD | 1.34M USD | 2.21M USD |
| Operating income | 2.86M USD | 6.82M USD | 518K USD | −5.65M USD | −14.54M USD |
| Net income | 750K USD | 5.07M USD | −2.07M USD | −8.83M USD | −15.09M USD |
Company facts updated Aug 24, 2026.
Earnings
- EPS beat rate
- 40%
- 4 beats, 6 misses, 0 met estimates
- Average EPS surprise
- +37.06%
- 10 comparable reports
- Latest EPS result
- -0.05
EPS: actual versus estimate
Recent quarterly results
Revenue: actual versus estimate
Recent quarterly results
Analyst ratings
Third-party consensus; not a GoAI recommendation.
Rating distribution
4 ratingsLimited analyst sample: 4 ratings. Interpret the distribution with caution.
MIND news
Corporate actions
Corporate action history
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
Dividend | Oct 12, 2018 | $0.0563Special | Oct 15, 2018 | Oct 31, 2018 |
Ex-dividend Oct 12, 2018
$0.0563
Special
Record Oct 15, 2018 · Payment Oct 31, 2018
MIND peers
ETFs holding MIND
Funds reporting this stock among their holdings, ordered by reported position size.
Vanguard Morningstar Total Stock Market ETFVTI1.31M0.00%2.3T USD0.03%$377.66-0.15%
Vanguard Extended Market ETFVXF488.91K0.00%93.7B USD0.05%$243.9-0.67%
iShares Micro-Cap ETFIWC156.1K0.01%1.53B USD0.60%$197-0.57%
Dimensional - US Targeted Value ETFDFAT57.2K0.00%14.66B USD0.28%$71.455-0.30%
Dimensional - US Small Cap Value ETFDFSV47.88K0.00%8.42B USD0.30%$40.095-0.48%
U.S. Micro Cap Portfolio ETFDFMC22.98K0.00%8.06B USD0.43%$60.795-0.30%
Vanguard Morningstar Total Stock Market ETFVTI- Market value
- 1.31M
- Weight
- 0.00%
- AUM
- 2.3T USD
- Expense ratio
- 0.03%
- Price / 1D
- $377.66-0.15%
Vanguard Extended Market ETFVXF- Market value
- 488.91K
- Weight
- 0.00%
- AUM
- 93.7B USD
- Expense ratio
- 0.05%
- Price / 1D
- $243.9-0.67%
iShares Micro-Cap ETFIWC- Market value
- 156.1K
- Weight
- 0.01%
- AUM
- 1.53B USD
- Expense ratio
- 0.60%
- Price / 1D
- $197-0.57%
Dimensional - US Targeted Value ETFDFAT- Market value
- 57.2K
- Weight
- 0.00%
- AUM
- 14.66B USD
- Expense ratio
- 0.28%
- Price / 1D
- $71.455-0.30%
Dimensional - US Small Cap Value ETFDFSV- Market value
- 47.88K
- Weight
- 0.00%
- AUM
- 8.42B USD
- Expense ratio
- 0.30%
- Price / 1D
- $40.095-0.48%
U.S. Micro Cap Portfolio ETFDFMC- Market value
- 22.98K
- Weight
- 0.00%
- AUM
- 8.06B USD
- Expense ratio
- 0.43%
- Price / 1D
- $60.795-0.30%
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