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Side-by-side financial comparison of Hyperfine, Inc. (HYPR) 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 $5.3M, roughly 1.8× Hyperfine, Inc.). MIND TECHNOLOGY, INC runs the higher net margin — 0.6% vs -111.7%, a 112.3% gap on every dollar of revenue. On growth, Hyperfine, Inc. posted the faster year-over-year revenue change (128.0% vs -20.0%). MIND TECHNOLOGY, INC produced more free cash flow last quarter ($801.0K vs $-5.3M). Over the past eight quarters, Hyperfine, Inc.'s revenue compounded faster (26.7% CAGR vs -14.9%).

Hyperfine, Inc. develops and commercializes innovative portable low-field magnetic resonance imaging (MRI) systems for medical diagnostic use. Its solutions deliver accessible, cost-effective imaging for healthcare providers across acute care, rural clinics, pediatric care, and other underserved clinical settings worldwide.

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...

HYPR vs MIND — Head-to-Head

Bigger by revenue
MIND
MIND
1.8× larger
MIND
$9.7M
$5.3M
HYPR
Growing faster (revenue YoY)
HYPR
HYPR
+148.0% gap
HYPR
128.0%
-20.0%
MIND
Higher net margin
MIND
MIND
112.3% more per $
MIND
0.6%
-111.7%
HYPR
More free cash flow
MIND
MIND
$6.1M more FCF
MIND
$801.0K
$-5.3M
HYPR
Faster 2-yr revenue CAGR
HYPR
HYPR
Annualised
HYPR
26.7%
-14.9%
MIND

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
HYPR
HYPR
MIND
MIND
Revenue
$5.3M
$9.7M
Net Profit
$-5.9M
$62.0K
Gross Margin
50.9%
46.6%
Operating Margin
-144.9%
8.0%
Net Margin
-111.7%
0.6%
Revenue YoY
128.0%
-20.0%
Net Profit YoY
43.1%
-95.2%
EPS (diluted)
$-0.05

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
HYPR
HYPR
MIND
MIND
Q4 25
$5.3M
$9.7M
Q3 25
$3.4M
$13.6M
Q2 25
$2.7M
$7.9M
Q1 25
$2.1M
$15.0M
Q4 24
$2.3M
$12.1M
Q3 24
$3.6M
$10.0M
Q2 24
$3.6M
$9.7M
Q1 24
$3.3M
$13.4M
Net Profit
HYPR
HYPR
MIND
MIND
Q4 25
$-5.9M
$62.0K
Q3 25
$-11.0M
$1.9M
Q2 25
$-9.2M
$-970.0K
Q1 25
$-9.4M
$2.0M
Q4 24
$-10.4M
$1.3M
Q3 24
$-10.3M
$798.0K
Q2 24
$-10.2M
$954.0K
Q1 24
$-9.8M
$1.4M
Gross Margin
HYPR
HYPR
MIND
MIND
Q4 25
50.9%
46.6%
Q3 25
53.8%
50.4%
Q2 25
49.3%
42.2%
Q1 25
41.3%
43.5%
Q4 24
35.6%
44.8%
Q3 24
52.4%
47.6%
Q2 24
49.7%
43.6%
Q1 24
41.1%
46.7%
Operating Margin
HYPR
HYPR
MIND
MIND
Q4 25
-144.9%
8.0%
Q3 25
-259.5%
19.6%
Q2 25
-355.9%
-8.3%
Q1 25
-510.2%
18.5%
Q4 24
-463.8%
15.5%
Q3 24
-300.9%
14.2%
Q2 24
-298.7%
7.5%
Q1 24
-323.2%
17.3%
Net Margin
HYPR
HYPR
MIND
MIND
Q4 25
-111.7%
0.6%
Q3 25
-320.6%
14.2%
Q2 25
-342.2%
-12.3%
Q1 25
-440.7%
13.5%
Q4 24
-447.7%
10.7%
Q3 24
-283.4%
8.0%
Q2 24
-279.7%
9.9%
Q1 24
-298.9%
10.8%
EPS (diluted)
HYPR
HYPR
MIND
MIND
Q4 25
$-0.05
Q3 25
$-0.14
Q2 25
$-0.12
Q1 25
$-0.12
Q4 24
$-0.14
Q3 24
$-0.14
Q2 24
$-0.14
Q1 24
$-0.14

Balance Sheet & Financial Strength

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

Metric
HYPR
HYPR
MIND
MIND
Cash + ST InvestmentsLiquidity on hand
$35.1M
$19.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$41.0M
$39.9M
Total Assets
$55.3M
$47.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HYPR
HYPR
MIND
MIND
Q4 25
$35.1M
$19.4M
Q3 25
$21.6M
$7.8M
Q2 25
$25.4M
$9.2M
Q1 25
$33.1M
$5.3M
Q4 24
$37.6M
$3.5M
Q3 24
$45.8M
$1.9M
Q2 24
$53.8M
$924.0K
Q1 24
$63.2M
$5.3M
Stockholders' Equity
HYPR
HYPR
MIND
MIND
Q4 25
$41.0M
$39.9M
Q3 25
$26.9M
$28.8M
Q2 25
$35.1M
$26.6M
Q1 25
$43.1M
$27.3M
Q4 24
$49.0M
$25.2M
Q3 24
$58.3M
$24.5M
Q2 24
$66.8M
$23.6M
Q1 24
$75.6M
$22.6M
Total Assets
HYPR
HYPR
MIND
MIND
Q4 25
$55.3M
$47.3M
Q3 25
$41.5M
$35.8M
Q2 25
$45.2M
$36.2M
Q1 25
$53.4M
$36.7M
Q4 24
$58.9M
$36.1M
Q3 24
$69.4M
$37.8M
Q2 24
$76.6M
$34.9M
Q1 24
$85.4M
$33.5M

Cash Flow & Capital Efficiency

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

Metric
HYPR
HYPR
MIND
MIND
Operating Cash FlowLast quarter
$-5.2M
$894.0K
Free Cash FlowOCF − Capex
$-5.3M
$801.0K
FCF MarginFCF / Revenue
-99.6%
8.3%
Capex IntensityCapex / Revenue
1.2%
1.0%
Cash ConversionOCF / Net Profit
14.42×
TTM Free Cash FlowTrailing 4 quarters
$-29.1M
$5.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HYPR
HYPR
MIND
MIND
Q4 25
$-5.2M
$894.0K
Q3 25
$-5.6M
$-1.2M
Q2 25
$-7.9M
$4.1M
Q1 25
$-9.2M
$2.1M
Q4 24
$-8.4M
$2.3M
Q3 24
$-8.5M
$1.1M
Q2 24
$-9.4M
$-4.8M
Q1 24
$-12.5M
$657.0K
Free Cash Flow
HYPR
HYPR
MIND
MIND
Q4 25
$-5.3M
$801.0K
Q3 25
$-5.7M
$-1.3M
Q2 25
$-8.4M
$3.8M
Q1 25
$-9.7M
$1.8M
Q4 24
$-8.4M
$2.2M
Q3 24
$-8.7M
$978.0K
Q2 24
$-9.5M
$-4.8M
Q1 24
$-12.7M
$566.0K
FCF Margin
HYPR
HYPR
MIND
MIND
Q4 25
-99.6%
8.3%
Q3 25
-166.2%
-9.9%
Q2 25
-312.7%
48.5%
Q1 25
-454.9%
12.2%
Q4 24
-360.4%
18.3%
Q3 24
-238.2%
9.7%
Q2 24
-260.4%
-49.8%
Q1 24
-384.1%
4.2%
Capex Intensity
HYPR
HYPR
MIND
MIND
Q4 25
1.2%
1.0%
Q3 25
3.8%
1.3%
Q2 25
19.3%
3.0%
Q1 25
22.1%
1.5%
Q4 24
0.3%
0.6%
Q3 24
4.4%
0.8%
Q2 24
2.0%
0.7%
Q1 24
4.4%
0.7%
Cash Conversion
HYPR
HYPR
MIND
MIND
Q4 25
14.42×
Q3 25
-0.60×
Q2 25
Q1 25
1.01×
Q4 24
1.77×
Q3 24
1.33×
Q2 24
-4.98×
Q1 24
0.46×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HYPR
HYPR

Products$4.9M92%
Other$436.0K8%

MIND
MIND

Segment breakdown not available.

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