MIND · NASDAQ · Hardware, Equipment & Parts

MIND (MIND)

Designs specialised marine seismic equipment for oceanographic, hydrographic, seismic and maritime-security applications.

$4.44
vs last close+0.08 (+1.83%)
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MIND Technology, Inc.MIND
Information Technology

Seamap designs, manufactures and sells specialised marine seismic equipment for oceanographic, hydrographic, seismic and maritime-security applications. As MIND Technology’s sole segment, it reflects the company’s shift from land-seismic equipment leasing to marine-technology manufacturing.

Seamap designs, manufactures and sells specialised marine seismic equipment for oceanographic, hydrographic, seismic and maritime-security applications. It is MIND Technology’s sole reportable segment after the company exited land-seismic leasing and sold the Klein unit.

Operations span the United States, Singapore, Malaysia and the United Kingdom, with headquarters in The Woodlands, Texas. This footprint serves customers across multiple marine markets.

The business shifted from the earlier Mitcham Industries equipment-leasing model toward marine-technology manufacturing. Current operations depend on Seamap’s specialised equipment serving the cited marine industries and their specific technical needs worldwide.

Company facts

CEORobert P. Capps
ListedDec 19, 1994
ExchangeNASDAQ
HeadquartersThe Woodlands, TX
CountryUnited States
Employees157
CIK0000926423
ISINUS6025663096

Market cap$39.6M
EPS (ttm)−$0.2623
P/E (ttm)−16.62
ROE-5.8%
P/B0.9825
P/S1.14
Dividend yieldDiv yield
Beta2.08vs XLK 0.30

No analyst consensus on record.

Next report
Dec 8, 26
in 76 days
EPS estimate
−$0.14
Revenue estimate
$6.0M
Fiscal quarter
Q3 FY27

EPSReportedEstimate

Apr '25Jun '25Sep '25Dec '25Apr '26Jun '26Sep '26Dec '26
Reported$0.25−$0.12$0.24$0.01−$0.03−$0.05−$0.19Pending
Estimate$0.18$0.08$0.19$0.16$0.31−$0.08−$0.14
Surprise+38.9%−250.0%+26.3%−93.8%−109.7%−137.5%

RevenueReportedEstimate

Apr '25Jun '25Sep '25Dec '25Apr '26Jun '26Sep '26Dec '26
Reported$15.0M$7.9M$13.6M$9.7M$9.8M$9.7M$5.6MPending
Estimate$12.2M$10.1M$12.1M$10.9M$14.7M$9.5M$7.7M$6.0M
Surprise+23.3%−21.8%+12.3%−11.1%−33.1%+2.3%−26.8%
Estimate−$0.14
ReportedDue Dec 8, 2026
Estimate$6.0M
ReportedDue Dec 8, 2026
View details

Debt to equity2.10%
Current ratio691.60%

ProfitabilityRevenueNet incomeNet margin

Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27Q2 FY27
Revenue$12.1M$15.0M$7.9M$13.6M$9.7M$9.8M$9.7M$5.6M
Net income$1.3M$2.0M−$970.0K$1.9M$62.0K−$271.0K−$411.0K−$1.7M
Net margin10.7%13.5%0.0%14.2%0.6%0.0%0.0%0.0%

GrowthOperating income

Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27Q2 FY27
Operating income$1.9M$2.8M−$658.0K$2.7M$774.0K$78.0K$14.0K−$1.8M
YoY growthTurned profit+20.0%Turned loss+86.3%−58.7%−97.2%Turned profitTurned loss

Balance sheet, Jul 31, 2026Cash & short-term investments $15.8M · Total debt $839.0K · Total assets $46.7M · Shareholders' equity $40.3M

Revenue
$5.6M
Operating income
−$1.8M
Net income
−$1.7M
View details

No dividends on record.

Institutions14.34%1.30M shares
56 holders · as of Jun 30, 2026
Other85.66%7.79M shares
remainder

9.09M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Vanguard Capital Management LLCInstitution
4.11%373,107as of Jun 30, 2026
Geode Capital Management, LLCInstitution
1.11%100,923as of Jun 30, 2026
BlackRock, Inc.Institution
0.87%79,281as of Jun 30, 2026
Dimensional Fund Advisors LPInstitution
0.67%61,307as of Jun 30, 2026
Stratos Wealth Partners, Ltd.Institution
0.65%59,203as of Jun 30, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

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MIND$4.44+1.83%$39.6M1.1−58.5%
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