FY2026 · ended Jan 31, 2026 · Revenue $40.95M, -12.6% YoY · Filed Apr 20, 2026
Mind Technology, Inc (MIND) files with the SEC under industry code 3812, Search, Detection, Navigation, Guidance, Aeronautical Sys. In fiscal 2026, which ended Jan 31, 2026, it reported revenue of $40.9 million and net income of $750,000. Free cash flow was $1.9 million. As of Jul 31, 2026 it held $15.8 million in cash and investments and $839,000 in total debt.
Revenue (TTM)
$34.78M
-28.5% vs year-ago TTM
Net income (TTM)
$-2.35M
-155.0% vs year-ago TTM
Operating cash flow (TTM)
$-3.46M
-147.7% vs year-ago TTM
Free cash flow (TTM)
$-3.86M
-159.0% vs year-ago TTM
EPS
$-0.92
+29.8% vs prior year
Dividend per share
None
Shares outstanding
9.09M
+14.0% vs prior year
Net cash
$14.92M
as of Jul 31, 2026
Operating margin
-2.7%
FY 2027
Company profile
- Industry
- Search, Detection, Navigation, Guidance, Aeronautical Sys (SIC 3812)
- Listed as
- MIND (Nasdaq)
- Fiscal year ends
- January 31
- Incorporated in
- DE
- Headquarters
- The Woodlands, TX
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 926423
- Former names
- MITCHAM INDUSTRIES INC (until Aug 7, 2020)
Other Search, Detection, Navigation, Guidance, Aeronautical Sys companies
- Northrop Grumman Corp /DE/ NOC
- Garmin Ltd GRMN
- L3HARRIS Technologies, Inc. /DE/ LHX
- Teledyne Technologies Inc TDY
- Leonardo DRS, Inc. DRS
- Nextnav Inc. NN
- Intuitive Machines, Inc. LUNR
- Lyntris Inc. LYNX
All 13 Search, Detection, Navigation, Guidance, Aeronautical Sys companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2026 Jan 31, 2026 |
FY 2025 Jan 31, 2025 |
FY 2024 Jan 31, 2024 |
FY 2023 Jan 31, 2023 |
FY 2022 Jan 31, 2022 |
|---|---|---|---|---|---|
| Revenue | $40.9M | $46.9M | $36.5M | $25.0M | $23.1M |
| Operating income | $2.9M | $6.8M | $518,000 | -$5.7M | -$14.5M |
| Net income | $750,000 | $5.1M | $274,000 | -$8.8M | -$15.1M |
| Diluted EPS | — | — | — | -$0.92 | -$1.31 |
| Operating cash flow | $2.6M | $651,000 | -$5.0M | -$2.9M | -$17.1M |
| Free cash flow | $1.9M | $214,000 | -$5.3M | -$3.5M | -$18.0M |
| Total assets | $49.3M | $36.7M | $33.5M | $32.9M | $42.0M |
| Total liabilities | $7.8M | $9.4M | $10.8M | $9.8M | $11.8M |
| Stockholders' equity | $41.4M | $27.3M | $22.6M | $23.1M | $30.3M |
| Cash and investments | $19.1M | $5.3M | $5.3M | $778,000 | $5.1M |
| Total debt | $1.1M | $1.3M | $1.3M | $1.7M | $1.8M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Sep 9, 2026 | Jul 31, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Sep 8, 2026 | Sep 8, 2026 |
| 8-K |
Current report
Shareholder vote results
|
Jul 23, 2026 | Jul 22, 2026 |
| 10-Q | Quarterly report | Jun 11, 2026 | Apr 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Jun 10, 2026 | Jun 10, 2026 |
| ARS | Annual report to shareholders | Jun 1, 2026 | Jan 31, 2026 |
All 1000 Mind Technology, Inc SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.