MIND TECHNOLOGY, INC
About MIND TECHNOLOGY, INC
MIND Technology Inc provides technology and solutions for exploration, survey, and defense applications in oceanographic, hydrographic, defense, seismic, and security industries. The company operates in single segment namely, Seamap which provides services and products, including engineering, repairs and software licensing, utilized in marine exploration, marine survey and maritime security for marine survey companies, seismic survey contractors, research institutes, non-military government organizations and operators of port facilities and other offshore installations. The company generates more revenue from Seamap Marine Products. The company's geographical segments include the United States; China, Norway; Turkey; Singapore; and Canada & Other.
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American Credentials
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Financial summary
- Revenue FY2026
- $40.9M
- Net income
- $750.0K
- Total assets
- $49.3M
- Market cap
- $56.4M
- Gross margin
- 45.6%
- Operating margin
- 7.0%
- Net margin
- 1.8%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $40.9M
- Cost of revenue
- $22.3M
- Gross profit
- $18.7M
- Operating expenses
- $15.8M
- Operating income
- $2.9M
- Income tax
- $2.2M
- Net income
- $750.0K
- EPS (basic)
- $0.09
Balance sheet
- Total assets
- $49.3M
- Current assets
- $44.9M
- Total liabilities
- $7.8M
- Current liabilities
- $7.4M
- Shareholders’ equity
- $41.4M
Cash flow
- Operating cash flow
- $2.6M
- Investing cash flow
- -$663.0K
- Financing cash flow
- $11.8M
- Net cash flow
- $13.7M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $56.4M
- Dividend yield
- 36.59%
- Shares outstanding
- 9.2M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Dec 19, 1994
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Profitable — net income of $750.0K in FY2026.
- Revenue grew 77% from FY2022 to FY2026.
- Gross margin of 45.6%, net margin 1.8%.
- Trading 57% below its 52-week high.
- Pays a dividend yielding about 36.59% annually.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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