Filing Flows › Mind Technology (MIND) › Q2 FY27 › vs Q2 FY26
Mind Technology (MIND) Q2 FY27 vs Q2 FY26 (year over year)
Mind Technology's revenue fell $7.9M (-59%) from $13.6M in Q2 FY26 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 Q2 FY26, the increases inside each band.
Every line
| Line | Q2 FY27 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $5.6M | $13.6M | −$7.9M | -59% |
| Other income, net | $80K | −$65K | $145K | — |
| Net loss | $1.7M | −$1.9M | $3.7M | — |
| Costs & expenses | $7.4M | $13.6M | −$6.1M | -45% |
| Operating costs | $7.4M | $10.9M | −$3.5M | -32% |
| Income tax | $18K | $670K | −$652K | -97% |
| Cost of revenue | $3.5M | $6.7M | −$3.2M | -48% |
| Research & development | $407K | $311K | $96K | +31% |
| SG&A | $3.3M | $3.6M | −$382K | -11% |
| Other operating costs | $224K | $217K | $7K | +3% |
| Operating cash sources | $2.6M | $1.7M | $900K | +54% |
| Depreciation & amortization | $224K | $217K | $7K | +3% |
| Share-based compensation | $543K | $281K | $262K | +93% |
| Cash used in operations | $1.8M | $1.2M | $631K | +54% |
| Net loss absorbed | $1.7M | −$1.9M | $3.7M | — |
| Working capital & other | $823K | $3.6M | −$2.8M | -77% |
Questions
How much did Mind Technology's revenue grow year over year in Q2 FY27?
Mind Technology's revenue fell $7.9M (-59%) from $13.6M in Q2 FY26 to $5.6M in Q2 FY27.