MIND Technology, Inc.
MIND Technology Scientific & Technical Instruments
MIND Technology, Inc.’s revenue for fiscal 2026 (year ended January 2026) was $40.9 million, down 12.6% from fiscal 2025. In the quarter to July 2026, revenue fell 58.5%, EPS fell 179.2% and free cash flow fell 41.5%, each against the same quarter a year earlier.
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MIND Technology, Inc. (MIND) EV/Sales
As of 16 October 2026, MIND Technology, Inc. (MIND) trades at a EV/Sales of 0.9×. Over the past ten years it has ranged from 0.2× (April 2024) to 2.2× (November 2025); the current reading is higher than 34% of that period. That is below the Scientific & Technical Instruments industry median of 4.7× and below the Technology sector median of 2.7×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2026 | 1.5× | 72.83% |
| FY2025 | 0.8× | 198.20% |
| FY2024 | 0.3× | (54.80%) |
| FY2023 | 0.6× | 103.27% |
| FY2023 | 0.3× | (66.17%) |
| FY2022 | 0.9× | (2.86%) |
| FY2022 | 0.9× | (32.13%) |
| FY2021 | 1.4× | 4.23% |
| FY2021 | 1.3× | 3.10% |
| FY2020 | 1.3× | 47.30% |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jul 2026 | 1.1× | (1.95%) |
| Apr 2026 | 1.1× | (26.42%) |
| Jan 2026 | 1.5× | (11.52%) |
| Oct 2025 | 1.7× | 7.66% |
| 43 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| MVIS Microvision, Inc. compare | −0.7× |
| LGL LGL Group, Inc. (The) compare | −0.6× |
| MIND MIND Technology, Inc. | 0.9× |
| GNSS Genasys Inc. compare | 1.1× |
| SOTK Sono-Tek Corporation compare | 3.8× |
| ACFN Acorn Energy Inc. compare | 4.4× |
| WRAP Wrap Technologies, Inc. compare | 11.1× |
| ODYS Odysight.ai Inc. compare | 17.3× |
| ARBE Arbe Robotics Ltd. compare | 38.5× |
| Scientific & Technical Instruments industry median | 4.7× |
| Technology sector median | 2.7× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)