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Mind Technology (MIND) gross margin by quarter

Mind Technology's gross margin was 46.6% in Q3 FY26 (third quarter fiscal 2026), -3.8 pts from Q2 FY26. Over the last 3 quarters it ranged from 43.5% (Q4 FY25) to 50.4% (Q2 FY26).

Mind Technology gross margin by quarterMind Technology gross margin by quarter43.5%Q4 FY2550.4%Q2 FY2646.6%Q3 FY26
QuarterGross marginQ/QY/Y
Q3 FY2646.6%-3.8 pts—
Q2 FY2650.4%+6.8 pts—
Q4 FY2543.5%——

Q3 FY26 at a glance

Mind Technology, Q3 FY26: revenue $9.7M (-20% year over year), operating margin 8.0%, net earnings $62K, operating cash flow $894K. The chart follows the revenue to costs, profit and cash.

Questions

What is Mind Technology's gross margin?

Mind Technology's gross margin was 46.6% in Q3 FY26 (third quarter fiscal 2026), -3.8 pts from Q2 FY26.

How has Mind Technology's gross margin changed?

Over the last 3 quarters it ranged from 43.5% (Q4 FY25) to 50.4% (Q2 FY26).

Q3 FY26 results → · How Mind Technology makes money →