Filing Flows › Mind Technology (MIND) › Q1 FY27 › vs Q1 FY26
Mind Technology (MIND) Q1 FY27 vs Q1 FY26 (year over year)
Mind Technology's revenue rose $1.8M (+22%) from $7.9M in Q1 FY26 to $9.7M in Q1 FY27.
Mind Technology, Q1 FY27: revenue $9.7M (+22% year over year), operating margin 0.1%, net loss $411K, operating cash flow −$1.3M. The chart draws each line against Q1 FY26, the increases inside each band.
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $9.7M | $7.9M | $1.8M | +22% |
| Other income, net | $51K | −$18K | $69K | — |
| Net loss | $411K | $970K | −$559K | -58% |
| Costs & expenses | $10.1M | $8.9M | $1.3M | +14% |
| Operating costs | $9.7M | $8.6M | $1.1M | +13% |
| Income tax | $476K | $294K | $182K | +62% |
| Cost of revenue | $5.6M | $4.6M | $1.0M | +22% |
| Research & development | $310K | $380K | −$70K | -18% |
| SG&A | $3.5M | $3.4M | $161K | +5% |
| Other operating costs | $228K | $225K | $3K | +1% |
| Operating cash sources | $2.1M | −$3.6M | $5.7M | — |
| Depreciation & amortization | $228K | $225K | $3K | +1% |
| Share-based compensation | $518K | $272K | $246K | +90% |
| Cash used in operations | $1.3M | −$4.1M | $5.4M | — |
| Net loss absorbed | $411K | $970K | −$559K | -58% |
| Working capital & other | $1.7M | −$4.5M | $6.2M | — |
Questions
How much did Mind Technology's revenue grow year over year in Q1 FY27?
Mind Technology's revenue rose $1.8M (+22%) from $7.9M in Q1 FY26 to $9.7M in Q1 FY27.