Jul 2026 (Q2 FY27) — Sep 9, 2026
MIND Technology Q2 FY27 — Aftermarket Resilience Amidst Geopolitical Headwinds
Read the full callMIND Technology earnings: last reported Wed, 9 Sep 2026, for the quarter ended Jul 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 5.6 | −58.5% YoY | Quarterly, as filed | Quarter to Jul 2026 | Revenue from operations as filed. |
| Operating margin | -31.9 | −51.6 pts YoY | Operating profit / revenue | Quarter to Jul 2026 | For the quarter; a change is in percentage points. |
| Net profit | -1.7 | −189.9% YoY | Quarterly, as filed | Quarter to Jul 2026 | Profit after tax as filed. |
Price
1Y: $9.97 on 17 Oct 2025 → $4.22. High $14.29 (11 Nov 2025), low $3.89 (9 Sept 2026).
Overview
Call summaries
MIND Technology Q2 FY27 — Aftermarket Resilience Amidst Geopolitical Headwinds
Read the full callMIND Technology Q1 FY27 — Aftermarket Strength Amidst Market Uncertainty
Read the full callEvery analysed call
Financials
Net profit, year on year: −190% (quarter to jul 2026 against jul 2025).
| Line item | Oct 2024 | Jan 2025 | Apr 2025 | Jul 2025 | Oct 2025 | Jan 2026 | Apr 2026 | Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 12 | 15 | 8 | 14 | 10 | 10 | 10 | 6 |
| Operating profit | 2 | 3 | -1 | 3 | 1 | 0 | 0 | -2 |
| Operating margin | 15.5% | 18.5% | −8.3% | 19.6% | 8.0% | 0.8% | 0.1% | −31.9% |
| Other income | -0 | -0 | -0 | -0 | 0 | -0 | 0 | 0 |
| Interest | 0 | — | — | — | — | — | — | — |
| Profit before tax | 2 | 3 | -1 | 3 | 1 | 0 | 0 | -2 |
| Tax rate | 23.5% | 24.8% | −43.5% | 25.8% | 92.0% | 235.5% | 732.3% | −1.1% |
| Net profit | 1 | 2 | -1 | 2 | 0 | -0 | -0 | -2 |
| EPS ($ per share) | 2.87 | — | -0.12 | 0.24 | 0.01 | — | -50 | -0.19 |
| Line item | Jan 2019 | Jan 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Jan 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | -64 | -77 | -100 | -118 | -128 | -128 | -108 | -108 |
| Total liabilities | 9 | 11 | 9 | 12 | 10 | 11 | 9 | 8 |
| Fixed assets | 14 | 5 | 5 | 4 | 1 | 1 | 1 | 1 |
| Total assets | 65 | 58 | 40 | 42 | 33 | 33 | 37 | 49 |
| Line item | Jan 2019 | Jan 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Jan 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | -5 | -6 | -6 | -17 | -3 | -5 | 1 | 3 |
| Cash from investing | -0 | -2 | 3 | 5 | 0 | 11 | 0 | -1 |
| Cash from financing | 5 | 2 | 5 | 12 | -2 | -2 | -1 | 12 |
| Net cash flow | -1 | -6 | 1 | 1 | -4 | 5 | 0 | 14 |
| Capital expenditure | -1 | -1 | -0 | -1 | -1 | -0 | -0 | -1 |
| Free cash flow | -6 | -7 | -6 | -18 | -3 | -5 | 0 | 2 |
| KPI | Apr 2026 Q1 FY27 | Jul 2026 Q2 FY27 | Change vs prior quarter |
|---|---|---|---|
| Backlog | ~$7.6MOur backlog of firm orders as of April 30, 2026 was approximately $7.6 million.Source: earnings call transcript | ~$4.8MNow, our backlog of firm orders as of July 31, 2026, was approximately $4.8 million compared to $7.6 million as of April 30, 2026, and $12.8 million as of July 31, 2025.Source: earnings call transcript | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
No filings in the last 12 months.
No officer, director or 10% owner of MIND filed a Form 4 in this window. That is a statement about filings, not about ownership — see the note below.
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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