MIND TECHNOLOGY, INC
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | 5.2% | -51.6% | -74.8% |
| FY2017 | -18.1% | -76.3% | -80.9% |
| FY2018 | 12.6% | -40.8% | -43.6% |
| FY2019 | 27.3% | -30.3% | -46.2% |
| FY2020 | 30.4% | -14.7% | -26.4% |
| FY2021 | 34.5% | -67.5% | -95.7% |
| FY2022 | 26.1% | -62.9% | -65.3% |
| FY2023 | 39.8% | -22.6% | -35.3% |
| FY2024 | 43.7% | 1.4% | 0.8% |
| FY2025 | 44.7% | 14.5% | 10.8% |