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Mind Technology (MIND) R&D spending by quarter

Mind Technology's R&D spending was $407K in Q2 FY27 (second quarter fiscal 2027), +31% from Q1 FY27. Over the last 7 quarters it ranged from $310K (Q1 FY27) to $562K (Q4 FY25).

Mind Technology R&D spending by quarterMind Technology R&D spending by quarter$562KQ4 FY25$380KQ1 FY26$311KQ2 FY26$506KQ3 FY26$389KQ4 FY26$310KQ1 FY27$407KQ2 FY27
QuarterR&D spendingQ/QY/Y
Q2 FY27$407K+31%+31%
Q1 FY27$310K-20%-18%
Q4 FY26$389K-23%-31%
Q3 FY26$506K+63%—
Q2 FY26$311K-18%—
Q1 FY26$380K-32%—
Q4 FY25$562K——

Q2 FY27 at a glance

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 follows the revenue to costs, profit and cash.

Questions

What is Mind Technology's R&D spending?

Mind Technology's R&D spending was $407K in Q2 FY27 (second quarter fiscal 2027), +31% from Q1 FY27.

How has Mind Technology's R&D spending changed?

Over the last 7 quarters it ranged from $310K (Q1 FY27) to $562K (Q4 FY25).

Q2 FY27 results → · How Mind Technology makes money →