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Side-by-side financial comparison of Axil Brands, Inc. (AXIL) and MIND TECHNOLOGY, INC (MIND). Click either name above to swap in a different company.

MIND TECHNOLOGY, INC is the larger business by last-quarter revenue ($9.7M vs $8.1M, roughly 1.2× Axil Brands, Inc.). Axil Brands, Inc. runs the higher net margin — 8.7% vs 0.6%, a 8.0% gap on every dollar of revenue. On growth, Axil Brands, Inc. posted the faster year-over-year revenue change (5.2% vs -20.0%). Axil Brands, Inc. produced more free cash flow last quarter ($906.4K vs $801.0K). Over the past eight quarters, Axil Brands, Inc.'s revenue compounded faster (12.1% CAGR vs -14.9%).

Axil Brands, Inc. is a U.S.-headquartered company that designs, manufactures and markets premium hearing protection products, audio enhancement devices and personal audio accessories. Its offerings include custom-fit earplugs, Bluetooth-enabled hearing buds for work, sports and leisure use, serving both consumer and professional segments across global markets.

Mitcham Industries, Inc. is a company founded in 1987, and is based in Huntsville, Texas. The company markets geophysical and other equipment to seismic data acquisition contractors conducting surveys on land, marsh, and marine areas, both shallow and deep water. There are mainly two segments operating in the company, namely an Equipment Leasing segment and an Equipment Manufacturing segment. In October 2011, the Company opened a new logistics and repair facility in Budapest, Hungary, and thr...

AXIL vs MIND — Head-to-Head

Bigger by revenue
MIND
MIND
1.2× larger
MIND
$9.7M
$8.1M
AXIL
Growing faster (revenue YoY)
AXIL
AXIL
+25.2% gap
AXIL
5.2%
-20.0%
MIND
Higher net margin
AXIL
AXIL
8.0% more per $
AXIL
8.7%
0.6%
MIND
More free cash flow
AXIL
AXIL
$105.4K more FCF
AXIL
$906.4K
$801.0K
MIND
Faster 2-yr revenue CAGR
AXIL
AXIL
Annualised
AXIL
12.1%
-14.9%
MIND

Income Statement — Q2 FY2026 vs Q3 FY2026

Metric
AXIL
AXIL
MIND
MIND
Revenue
$8.1M
$9.7M
Net Profit
$704.9K
$62.0K
Gross Margin
68.1%
46.6%
Operating Margin
11.1%
8.0%
Net Margin
8.7%
0.6%
Revenue YoY
5.2%
-20.0%
Net Profit YoY
11.2%
-95.2%
EPS (diluted)
$0.09

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AXIL
AXIL
MIND
MIND
Q4 25
$8.1M
$9.7M
Q3 25
$6.9M
$13.6M
Q2 25
$5.8M
$7.9M
Q1 25
$6.9M
$15.0M
Q4 24
$7.7M
$12.1M
Q3 24
$5.9M
$10.0M
Q2 24
$6.5M
$9.7M
Q1 24
$6.5M
$13.4M
Net Profit
AXIL
AXIL
MIND
MIND
Q4 25
$704.9K
$62.0K
Q3 25
$334.3K
$1.9M
Q2 25
$-245.6K
$-970.0K
Q1 25
$576.7K
$2.0M
Q4 24
$633.7K
$1.3M
Q3 24
$-109.8K
$798.0K
Q2 24
$49.5K
$954.0K
Q1 24
$781.1K
$1.4M
Gross Margin
AXIL
AXIL
MIND
MIND
Q4 25
68.1%
46.6%
Q3 25
67.6%
50.4%
Q2 25
70.0%
42.2%
Q1 25
71.7%
43.5%
Q4 24
71.1%
44.8%
Q3 24
71.0%
47.6%
Q2 24
71.5%
43.6%
Q1 24
71.5%
46.7%
Operating Margin
AXIL
AXIL
MIND
MIND
Q4 25
11.1%
8.0%
Q3 25
6.0%
19.6%
Q2 25
0.8%
-8.3%
Q1 25
8.4%
18.5%
Q4 24
8.7%
15.5%
Q3 24
-2.4%
14.2%
Q2 24
2.6%
7.5%
Q1 24
-1.6%
17.3%
Net Margin
AXIL
AXIL
MIND
MIND
Q4 25
8.7%
0.6%
Q3 25
4.9%
14.2%
Q2 25
-4.3%
-12.3%
Q1 25
8.3%
13.5%
Q4 24
8.2%
10.7%
Q3 24
-1.9%
8.0%
Q2 24
0.8%
9.9%
Q1 24
12.1%
10.8%
EPS (diluted)
AXIL
AXIL
MIND
MIND
Q4 25
$0.09
Q3 25
$0.04
Q2 25
$-0.03
Q1 25
$0.07
Q4 24
$0.08
Q3 24
$-0.02
Q2 24
$0.11
Q1 24
$0.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AXIL
AXIL
MIND
MIND
Cash + ST InvestmentsLiquidity on hand
$5.0M
$19.4M
Total DebtLower is stronger
$138.3K
Stockholders' EquityBook value
$11.1M
$39.9M
Total Assets
$16.2M
$47.3M
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXIL
AXIL
MIND
MIND
Q4 25
$5.0M
$19.4M
Q3 25
$4.1M
$7.8M
Q2 25
$4.8M
$9.2M
Q1 25
$4.7M
$5.3M
Q4 24
$5.2M
$3.5M
Q3 24
$4.1M
$1.9M
Q2 24
$3.3M
$924.0K
Q1 24
$4.9M
$5.3M
Total Debt
AXIL
AXIL
MIND
MIND
Q4 25
$138.3K
Q3 25
$139.2K
Q2 25
$140.2K
Q1 25
$141.0K
Q4 24
$143.3K
Q3 24
$144.3K
Q2 24
$146.6K
Q1 24
Stockholders' Equity
AXIL
AXIL
MIND
MIND
Q4 25
$11.1M
$39.9M
Q3 25
$10.2M
$28.8M
Q2 25
$9.7M
$26.6M
Q1 25
$9.7M
$27.3M
Q4 24
$8.8M
$25.2M
Q3 24
$7.9M
$24.5M
Q2 24
$7.7M
$23.6M
Q1 24
$8.8M
$22.6M
Total Assets
AXIL
AXIL
MIND
MIND
Q4 25
$16.2M
$47.3M
Q3 25
$15.4M
$35.8M
Q2 25
$12.9M
$36.2M
Q1 25
$13.0M
$36.7M
Q4 24
$13.7M
$36.1M
Q3 24
$11.4M
$37.8M
Q2 24
$11.0M
$34.9M
Q1 24
$12.7M
$33.5M
Debt / Equity
AXIL
AXIL
MIND
MIND
Q4 25
0.01×
Q3 25
0.01×
Q2 25
0.01×
Q1 25
0.01×
Q4 24
0.02×
Q3 24
0.02×
Q2 24
0.02×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AXIL
AXIL
MIND
MIND
Operating Cash FlowLast quarter
$934.8K
$894.0K
Free Cash FlowOCF − Capex
$906.4K
$801.0K
FCF MarginFCF / Revenue
11.1%
8.3%
Capex IntensityCapex / Revenue
0.3%
1.0%
Cash ConversionOCF / Net Profit
1.33×
14.42×
TTM Free Cash FlowTrailing 4 quarters
$5.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXIL
AXIL
MIND
MIND
Q4 25
$934.8K
$894.0K
Q3 25
$-739.2K
$-1.2M
Q2 25
$194.4K
$4.1M
Q1 25
$-169.9K
$2.1M
Q4 24
$1.0M
$2.3M
Q3 24
$897.3K
$1.1M
Q2 24
$-336.6K
$-4.8M
Q1 24
$-912.8K
$657.0K
Free Cash Flow
AXIL
AXIL
MIND
MIND
Q4 25
$906.4K
$801.0K
Q3 25
$-747.6K
$-1.3M
Q2 25
$3.8M
Q1 25
$-258.2K
$1.8M
Q4 24
$941.1K
$2.2M
Q3 24
$978.0K
Q2 24
$-394.9K
$-4.8M
Q1 24
$-922.1K
$566.0K
FCF Margin
AXIL
AXIL
MIND
MIND
Q4 25
11.1%
8.3%
Q3 25
-10.9%
-9.9%
Q2 25
48.5%
Q1 25
-3.7%
12.2%
Q4 24
12.2%
18.3%
Q3 24
9.7%
Q2 24
-6.1%
-49.8%
Q1 24
-14.3%
4.2%
Capex Intensity
AXIL
AXIL
MIND
MIND
Q4 25
0.3%
1.0%
Q3 25
0.1%
1.3%
Q2 25
3.0%
Q1 25
1.3%
1.5%
Q4 24
0.9%
0.6%
Q3 24
0.8%
Q2 24
0.9%
0.7%
Q1 24
0.1%
0.7%
Cash Conversion
AXIL
AXIL
MIND
MIND
Q4 25
1.33×
14.42×
Q3 25
-2.21×
-0.60×
Q2 25
Q1 25
-0.29×
1.01×
Q4 24
1.59×
1.77×
Q3 24
1.33×
Q2 24
-6.80×
-4.98×
Q1 24
-1.17×
0.46×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AXIL
AXIL

Hearing Enhancement And Protection$7.8M95%
Other$378.9K5%

MIND
MIND

Segment breakdown not available.

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