Filing Flows › Comparisons › CODA vs MIND
Coda Octopus Group vs Mind Technology: CODA and MIND compared
Coda Octopus Group is the larger company: $7.7M of revenue in its latest quarter (Q3 FY26) against $5.6M for Mind Technology (Q2 FY27). Coda Octopus Group is growing faster (+9% against -58% a year earlier). Coda Octopus Group is more profitable, with an operating margin of 19.9% against -31.9%.
Where the money goes: CODA and MIND
Coda Octopus Group (CODA) · Q3 FY26
Coda Octopus Group, Q3 FY26: revenue $7.7M (+9% year over year), operating margin 19.9%, net earnings $1.4M, operating cash flow $1.4M. The chart follows the revenue to costs, profit and cash.
Mind Technology (MIND) · 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 follows the revenue to costs, profit and cash.
| Coda Octopus Group (CODA) | Mind Technology (MIND) | |
|---|---|---|
| Latest quarter | Q3 FY26 | Q2 FY27 |
| Revenue | $7.7M | $5.6M |
| Revenue growth, Y/Y | +9% | -58% |
| Gross margin | 65.4% | — |
| Operating margin | 19.9% | -31.9% |
| Net earnings | $1.4M | −$1.7M |
| Net margin | 18.0% | -30.8% |
| Operating cash flow | $1.4M | −$1.8M |
| Free cash flow | $1.2M | — |
Where the revenue comes from
Coda Octopus Group
- Equipment Sales: $3.8M (49%)
- Engineering Parts: $2.6M (33%)
- Equipment Rentals: $704K (9%)
- Service: $587K (8%)
Questions
Which is bigger, Coda Octopus Group or Mind Technology?
Coda Octopus Group is the larger company: $7.7M of revenue in its latest quarter (Q3 FY26) against $5.6M for Mind Technology (Q2 FY27).
Is Coda Octopus Group or Mind Technology growing faster?
Coda Octopus Group is growing faster (+9% against -58% a year earlier).
Which is more profitable, Coda Octopus Group or Mind Technology?
Coda Octopus Group is more profitable, with an operating margin of 19.9% against -31.9%.
More: Coda Octopus Group earnings · how Coda Octopus Group makes money · Mind Technology earnings · how Mind Technology makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Sep 14, 2026; 10-Q filed Sep 9, 2026). Fiscal quarters can end on different dates. Not investment advice.