MIND · Mind Technology, Inc
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
AI Brief
Q2 FY27 earnings call · Sep 9, 2026TL;DR. MIND Technology reported a sharply weaker Q2 FY2027 with revenue of $5.6 million, an operating loss of $1.8 million, and a backlog that fell to $4.8 million, as Middle East conflict disrupted new system orders and caused customer payment delays; management expects FY2027 results to fall below FY2026.
- + Aftermarket business contributed ~87% of revenue, providing a recurring, higher-margin base
- + Company maintains a debt-free balance sheet with $15.8 million cash and ~$36.7 million working capital to fund operations and pursue opportunities
- − Q2 revenue fell to $5.6 million from $13.6 million a year ago, with operating loss of $1.8 million and net loss of $1.7 million
- − Backlog dropped to $4.8 million from $7.6 million sequentially and $12.8 million a year ago
- − Customer payment delays tied to Middle East disruption are slowing collections and pressuring cash
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders SellIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | $949,000 | second quarter of fiscal 2027 | — |
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| backlog of Marine Technology Product orders related to our Seamap segment non-GAAP | 4.8M | as of July 31, 2026 | — |
| EBITDA non-GAAP | $293K | the three months ended April 30, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP Net loss -411K
+228K Depreciation and amortization
+476K Provision for income taxes
= EBITDA 293K
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Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Scientific & Technical Instruments — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
MIND
this stock
Mind Technology, Inc
|
$39.49M | -48.7% | -0.6% | — | 4.5% |
|
KEYS
Keysight Technologies, Inc.
|
$61.65B | +89.3% | +8.0% | 49.6 | 1.4% |
|
GRMN
Garmin Ltd
|
$56.73B | +38.6% | +15.1% | 32.8 | 1.6% |
|
COHR
Coherent Corp.
|
$55.49B | +82.6% | +19.2% | 68.8 | 5.2% |
|
TDY
Teledyne Technologies Inc
|
$28.47B | +20.8% | -4.6% | 29.7 | 1.9% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| MIND | +3.8% | +2.0% | -45.7% | +1.5% | -48.7% |
| SPY | -0.2% | -0.5% | +12.2% | +0.9% | +12.9% |
| vs SPY | +4.0% | +2.5% | -57.8% | +0.5% | -61.6% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.