MIND (MIND Technology) Gross Profit: $14.69 Mil (TTM As of Jul. 2026)

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MIND MIND Technology Inc MIND
44 GF Score
Price $3.87
GF Value $1.34
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is MIND Technology Gross Profit?

MIND Technology MIND -8.94% 44 Gross Profit is $14.69 Mil as of Jul. 2026. GuruFocus rates MIND with a GF Score™ of 44/100 and a GF Value™ of $1.34 (Significantly Overvalued). The stock has 4 warning signs investors should review.

MIND Technology's gross profit for the three months ended in Jul. 2026 was $2.09 Mil. MIND Technology's gross profit for the trailing twelve months (TTM) ended in Jul. 2026 was $14.69 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. MIND Technology's gross profit for the three months ended in Jul. 2026 was $2.09 Mil. MIND Technology's Revenue for the three months ended in Jul. 2026 was $5.62 Mil. Therefore, MIND Technology's Gross Margin % for the quarter that ended in Jul. 2026 was 37.18%.

MIND Technology had a gross margin of 37.18% for the quarter that ended in Jul. 2026 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of MIND Technology was 45.58%. The lowest was -18.08%. And the median was 37.12%.


MIND Technology  (NAS:MIND) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

MIND Technology had a gross margin of 37.18% for the quarter that ended in Jul. 2026 => Competition eroding margins


MIND Technology Gross Profit Related Terms


MIND Technology Gross Profit Historical Data

* Premium members only.

The historical data trend for MIND Technology's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MIND Technology Gross Profit Chart

MIND Technology Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.02 9.95 15.97 20.97 18.66

MIND Technology Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.83 4.51 3.99 4.10 2.09

MIND vs AATC, ACFN, TRCK: Gross Profit Comparison

For the Scientific & Technical Instruments subindustry, MIND Technology's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MIND Technology Gross Profit vs Hardware Industry

For the Hardware industry and Technology sector, MIND Technology's Gross Profit distribution charts can be found below:

* The bar in red indicates where MIND Technology's Gross Profit falls into.


MIND
44GF Score
MIND Technology Inc MIND
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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MIND Technology Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

MIND Technology's Gross Profit for the fiscal year that ended in Jan. 2026 is calculated as

Gross Profit (A: Jan. 2026 )=Revenue - Cost of Goods Sold
=40.947 - 22.283
=18.66

MIND Technology's Gross Profit for the quarter that ended in Jul. 2026 is calculated as

Gross Profit (Q: Jul. 2026 )=Revenue - Cost of Goods Sold
=5.622 - 3.532
=2.09

Gross Profit for the trailing twelve months (TTM) ended in Jul. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $14.69 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

MIND Technology's Gross Margin % for the quarter that ended in Jul. 2026 is calculated as

Gross Margin % (Q: Jul. 2026 )=Gross Profit (Q: Jul. 2026 ) / Revenue (Q: Jul. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=2.09 / 5.622
=37.18 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $14.69 Mil mean?
MIND Technology (MIND) has a Gross Profit of $14.69 Mil as of Jul. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on MIND Technology and its competitors.
Is MIND Technology's Gross Profit too high?
MIND Technology's current Gross Profit is $14.69 Mil. Overall, MIND Technology has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MIND Technology's Gross Profit compare to AATC and ACFN?
MIND Technology's Gross Profit of $14.69 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Hardware company?
A good Gross Profit depends on the Hardware industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on MIND Technology and its competitors. MIND Technology's current Gross Profit is $14.69 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MIND Technology stock overvalued right now?
Based on GuruFocus' analysis, MIND Technology (MIND) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.34, compared to a current price of $3.87 — trading 188.8% above its estimated fair value. The current Gross Profit is $14.69 Mil. MIND Technology's overall GF Score™ is 44/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For MIND Technology (MIND), the current Gross Profit is $14.69 Mil as of Jul. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MIND Technology (MIND) Overvalued in 2026?

Based on GuruFocus' analysis, MIND Technology stock appears to be overvalued. The current stock price of $3.87 is trading 188.8% above its estimated GF Value™ of $1.34. GuruFocus considers MIND Technology to be Significantly Overvalued.

Key valuation signals for MIND:

  • Gross Profit: $14.69 Mil
  • GF Value™: $1.34 vs. price of $3.87 (188.8% above fair value)
  • GF Score™: 44/100 with 4 warning signs

No single metric tells the full story. See the MIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MIND Technology Business Description

Other Exchanges MI70:Germany
Address 2002 Timberloch Place, Suite 550, The Woodlands, TX, USA, 77380
MIND Technology Inc provides technology and solutions for exploration, survey, and defense applications in oceanographic, hydrographic, defense, seismic, and security industries. The company operates in single segment namely, Seamap which provides services and products, including engineering, repairs and software licensing, utilized in marine exploration, marine survey and maritime security for marine survey companies, seismic survey contractors, research institutes, non-military government organizations and operators of port facilities and other offshore installations. The company generates more revenue from Seamap Marine Products. The company's geographical segments include the United States; China, Norway; Turkey; Singapore; and Canada & Other.
44GF Score

Get the complete analysis for MIND

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.87
Price
$1.34
GF Value