Filing Flows › Mind Technology (MIND) › Q2 FY27 › vs Q1 FY27
Mind Technology (MIND) Q2 FY27 vs Q1 FY27 (quarter over quarter)
Mind Technology's revenue fell $4.0M (-42%) from $9.7M in Q1 FY27 to $5.6M in Q2 FY27.
Mind Technology, Q2 FY27: revenue $5.6M (-58% year over year), operating margin -31.9%, net loss $1.7M, operating cash flow −$1.8M. The chart draws each line against Q1 FY27, the increases inside each band.
Every line
| Line | Q2 FY27 | Q1 FY27 | Change | % |
|---|---|---|---|---|
| Revenue | $5.6M | $9.7M | −$4.0M | -42% |
| Other income, net | $80K | $51K | $29K | +57% |
| Net loss | $1.7M | $411K | $1.3M | +322% |
| Costs & expenses | $7.4M | $10.1M | −$2.7M | -27% |
| Operating costs | $7.4M | $9.7M | −$2.2M | -23% |
| Income tax | $18K | $476K | −$458K | -96% |
| Cost of revenue | $3.5M | $5.6M | −$2.0M | -37% |
| Research & development | $407K | $310K | $97K | +31% |
| SG&A | $3.3M | $3.5M | −$290K | -8% |
| Other operating costs | $224K | $228K | −$4K | -2% |
| Operating cash sources | $2.6M | $2.1M | $465K | +22% |
| Depreciation & amortization | $224K | $228K | −$4K | -2% |
| Share-based compensation | $543K | $518K | $25K | +5% |
| Cash used in operations | $1.8M | $1.3M | $444K | +33% |
| Net loss absorbed | $1.7M | $411K | $1.3M | +322% |
| Working capital & other | $823K | $1.7M | −$858K | -51% |
Questions
How much did Mind Technology's revenue grow quarter over quarter in Q2 FY27?
Mind Technology's revenue fell $4.0M (-42%) from $9.7M in Q1 FY27 to $5.6M in Q2 FY27.