Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 40.36% is in line with its 5-year average of 39.15%, near the high end of its 5-year range (-10.83%–48.76%).
2.61% below its 12-month average of 41.44%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2027 (2026-07-31): 33.19%.
GROSS MARGIN
40.36%
GROSS MARGIN AVG TTM
41.44%
GROSS MARGIN AVG 3Y
41.32%
GROSS MARGIN AVG 5Y
39.15%
GROSS MARGIN AVG 10Y
26.77%
GROSS MARGIN AVG 15Y
27.37%
GROSS MARGIN AVG 20Y
33.07%
CURRENT VS TTM AVG
-2.61%
CURRENT VS 3Y AVG
-2.33%
CURRENT VS 5Y AVG
+3.10%
CURRENT VS 10Y AVG
+50.78%
CURRENT VS 15Y AVG
+47.44%
CURRENT VS 20Y AVG
+22.05%
SECTOR MEDIAN · TECHNOLOGY
48.66%
median of 572 covered companies
CURRENT VS SECTOR MEDIAN
-17.06%
vs the sector median at left
MIND Technology, Inc.
Market Cap
$40.99M
Gross Margin
40.36%
TTM Avg
41.44%
3Y Avg
41.32%
5Y Avg
39.15%
Market Cap
$41.45M
Gross Margin
11.67%
TTM Avg
9.34%
3Y Avg
4.67%
5Y Avg
3.73%
Market Cap
$38.98M
Gross Margin
70.79%
TTM Avg
69.93%
3Y Avg
71.96%
5Y Avg
71.96%
Market Cap
$43.05M
Gross Margin
-278.35%
TTM Avg
-113.39%
3Y Avg
-33.14%
5Y Avg
-5.48%
Market Cap
$37.72M
Gross Margin
-2778.23%
TTM Avg
-1339.12%
3Y Avg
-619.56%
5Y Avg
-475.65%
Market Cap
$44.61M
Gross Margin
62.82%
TTM Avg
71.02%
3Y Avg
81.05%
5Y Avg
81.05%
Market Cap
$37.90M
Gross Margin
31.36%
TTM Avg
27.34%
3Y Avg
31.30%
5Y Avg
33.13%
Market Cap
$38.12M
Gross Margin
45.09%
TTM Avg
29.63%
3Y Avg
29.52%
5Y Avg
29.91%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MIND Technology, Inc. (MIND) | $40.99M | 40.36% | 41.44% | 41.32% | 39.15% |
| Blaize Holdings Inc. (BZAI)vs › | $41.45M | 11.67% | 9.34% | 4.67% | 3.73% |
| Phunware, Inc. (PHUN)vs › | $41.71M | 50.57% | 48.08% | 46.22% | 47.54% |
| Aether Holdings, Inc. Common Stock (ATHR)vs › | $38.98M | 70.79% | 69.93% | 71.96% | 71.96% |
| Pixelworks, Inc. (PXLW)vs › | $43.05M | -278.35% | -113.39% | -33.14% | -5.48% |
| Brand Engagement Network, Inc. (BNAI)vs › | $37.72M | -2778.23% | -1339.12% | -619.56% | -475.65% |
| Health In Tech, Inc. (HIT)vs › | $44.61M | 62.82% | 71.02% | 81.05% | 81.05% |
| Comtech Telecommunications Corp. (CMTL)vs › | $37.90M | 31.36% | 27.34% | 31.30% | 33.13% |
| GameSquare Holdings Inc. (GAME)vs › | $38.12M | 45.09% | 29.63% | 29.52% | 29.91% |
| Diginex Limited (DGNX)vs › | $37.39M | 100.00% | 100.00% | 100.00% | 100.00% |
Gross Margin
40.4%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-07-31 | 33.19% |
| 2026-04-30 | 42.36% |
| 2026-01-31 | 38.51% |
| 2025-10-31 | 44.40% |
| 2025-07-31 | 48.76% |
| 2025-04-30 | 39.31% |
| 2025-01-31 | 42.08% |
| 2024-10-31 | 42.96% |
| 2024-07-31 | 45.26% |
| 2024-04-30 | 40.82% |
| 2024-01-31 | 44.51% |
| 2023-10-31 | 40.13% |
| 2023-07-31 | 34.90% |
| 2023-04-30 | 39.66% |
| 2023-01-31 | 44.21% |
| 2022-10-31 | 17.48% |
| 2022-07-31 | 35.25% |
| 2022-04-30 | 30.92% |
| 2022-01-31 | -10.83% |
| 2021-10-31 | 32.06% |
| 2021-07-31 | 24.49% |
| 2021-04-30 | -2.93% |
| 2021-01-31 | 28.59% |
| 2020-10-31 | 24.64% |
| 2020-07-31 | 25.89% |
| 2020-04-30 | -7.72% |
| 2020-01-31 | 41.77% |
| 2019-10-31 | 33.16% |
| 2019-07-31 | 32.29% |
| 2019-04-30 | 31.36% |
| 2019-01-31 | 22.15% |
| 2018-10-31 | 31.70% |
| 2018-07-31 | 14.85% |
| 2018-04-30 | 8.25% |
| 2018-01-31 | 8.15% |
| 2017-10-31 | 4.45% |
| 2017-07-31 | 0.86% |
| 2017-04-30 | 17.33% |
| 2017-01-31 | -21.27% |
| 2016-10-31 | -26.52% |
| 2016-07-31 | -25.88% |
| 2016-04-30 | -3.12% |
| 2016-01-31 | -8.92% |
| 2015-10-31 | 10.99% |
| 2015-07-31 | -34.54% |
| 2015-04-30 | 26.69% |
| 2015-01-31 | 11.81% |
| 2014-10-31 | 30.59% |
| 2014-07-31 | 16.56% |
| 2014-04-30 | 43.69% |
| 2014-01-31 | 34.53% |
| 2013-10-31 | 24.43% |
| 2013-07-31 | 20.58% |
| 2013-04-30 | 53.49% |
| 2013-01-31 | 30.89% |
| 2012-10-31 | 23.44% |
| 2012-07-31 | 32.06% |
| 2012-04-30 | 48.76% |
| 2012-01-31 | 57.43% |
| 2011-10-31 | 51.20% |
| 2011-07-31 | 38.60% |
| 2011-04-30 | 52.54% |
| 2011-01-31 | 45.93% |
| 2010-10-31 | 29.94% |
| 2010-07-31 | 30.72% |
| 2010-04-30 | 42.08% |
| 2010-01-31 | 27.97% |
| 2009-10-31 | 42.43% |
| 2009-07-31 | 26.28% |
| 2009-04-30 | 35.57% |
| 2009-01-31 | 40.91% |
| 2008-10-31 | 49.90% |
| 2008-07-31 | 40.66% |
| 2008-04-30 | 62.74% |
| 2008-01-31 | 47.36% |
| 2007-10-31 | 53.91% |
| 2007-07-31 | 42.68% |
| 2007-04-30 | 43.90% |
| 2007-01-31 | 42.76% |
| 2006-10-31 | 46.39% |
| 2006-07-31 | 46.83% |
| 2006-04-30 | 51.70% |
| 2006-01-31 | -8.55% |
| 2005-10-31 | 76.81% |
| 2005-07-31 | 75.99% |
| 2005-04-30 | 83.12% |
| 2005-01-31 | 77.97% |
| 2004-10-31 | 78.75% |
| 2004-07-31 | 76.94% |
| 2004-04-30 | 72.70% |
| 2004-01-31 | 62.79% |
| 2003-10-31 | 66.31% |
| 2003-07-31 | 72.86% |
| 2003-04-30 | 54.57% |
| 2003-01-31 | 38.64% |
| 2002-10-31 | 31.93% |