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AI brief of an SEC Form 8-K · MIND TECHNOLOGY, INC (MIND)

MIND Technology Q4 revenue falls to $9.8 million and posts $271,000 net loss

Negative Impact 4 of 5 earnings Written later

MIND Technology reported fiscal fourth-quarter 2026 revenue of about $9.8 million, down from $15.0 million a year earlier, and a net loss of about $271,000, or $0.03 per share, compared with net income of $2.0 million a year earlier. Full-year fiscal 2026 revenue was $40.9 million, down from $46.9 million, and CEO Rob Capps said the company expects fiscal 2027 results to be down from fiscal 2026.

Key points

  • Q4 fiscal 2026 revenue was about $9.8 million, versus $15.0 million in Q4 fiscal 2025 and $9.7 million in Q3 fiscal 2026.
  • Q4 fiscal 2026 operating income was about $78,000, versus $2.8 million a year earlier; Adjusted EBITDA was about $1.1 million, versus $3.0 million.
  • Full-year fiscal 2026 net income was $750,000, down from $5.1 million in fiscal 2025, and cash and cash equivalents were $19.1 million at January 31, 2026.
  • Capps expects fiscal 2027 results to be down compared with fiscal 2026 but expects to maintain positive cash flow; a conference call is scheduled for April 16, 2026 at 9:00 a.m. Eastern Time.

The filing

CompanyMIND TECHNOLOGY, INC (MIND)
Form8-K, current report
Filed with the SECApr 15, 2026, 4:39 PM ET
Accession number0001437749-26-012420

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 15, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.