vs

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

Nurix Therapeutics, Inc. is the larger business by last-quarter revenue ($13.6M vs $9.7M, roughly 1.4× MIND TECHNOLOGY, INC). MIND TECHNOLOGY, INC runs the higher net margin — 0.6% vs -576.1%, a 576.8% gap on every dollar of revenue. On growth, Nurix Therapeutics, Inc. posted the faster year-over-year revenue change (2.2% vs -20.0%). MIND TECHNOLOGY, INC produced more free cash flow last quarter ($801.0K vs $-73.0M). Over the past eight quarters, Nurix Therapeutics, Inc.'s revenue compounded faster (-9.5% CAGR vs -14.9%).

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...

Nurix Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on discovering, developing and commercializing novel targeted protein degradation therapies for cancer, immune disorders and other serious unmet medical needs. Its core pipeline leverages proprietary E3 ubiquitin ligase modulation technology, with operations primarily based in the United States and collaborative partnerships with global pharmaceutical firms.

MIND vs NRIX — Head-to-Head

Bigger by revenue
NRIX
NRIX
1.4× larger
NRIX
$13.6M
$9.7M
MIND
Growing faster (revenue YoY)
NRIX
NRIX
+22.2% gap
NRIX
2.2%
-20.0%
MIND
Higher net margin
MIND
MIND
576.8% more per $
MIND
0.6%
-576.1%
NRIX
More free cash flow
MIND
MIND
$73.8M more FCF
MIND
$801.0K
$-73.0M
NRIX
Faster 2-yr revenue CAGR
NRIX
NRIX
Annualised
NRIX
-9.5%
-14.9%
MIND

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
MIND
MIND
NRIX
NRIX
Revenue
$9.7M
$13.6M
Net Profit
$62.0K
$-78.2M
Gross Margin
46.6%
Operating Margin
8.0%
-612.0%
Net Margin
0.6%
-576.1%
Revenue YoY
-20.0%
2.2%
Net Profit YoY
-95.2%
-33.6%
EPS (diluted)
$-0.83

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
MIND
MIND
NRIX
NRIX
Q4 25
$9.7M
$13.6M
Q3 25
$13.6M
$7.9M
Q2 25
$7.9M
$44.1M
Q1 25
$15.0M
$18.5M
Q4 24
$12.1M
$13.3M
Q3 24
$10.0M
$12.6M
Q2 24
$9.7M
$12.1M
Q1 24
$13.4M
$16.6M
Net Profit
MIND
MIND
NRIX
NRIX
Q4 25
$62.0K
$-78.2M
Q3 25
$1.9M
$-86.4M
Q2 25
$-970.0K
$-43.5M
Q1 25
$2.0M
$-56.4M
Q4 24
$1.3M
$-58.5M
Q3 24
$798.0K
$-49.0M
Q2 24
$954.0K
$-44.5M
Q1 24
$1.4M
$-41.5M
Gross Margin
MIND
MIND
NRIX
NRIX
Q4 25
46.6%
Q3 25
50.4%
Q2 25
42.2%
Q1 25
43.5%
Q4 24
44.8%
Q3 24
47.6%
Q2 24
43.6%
Q1 24
46.7%
Operating Margin
MIND
MIND
NRIX
NRIX
Q4 25
8.0%
-612.0%
Q3 25
19.6%
-1157.7%
Q2 25
-8.3%
-109.7%
Q1 25
18.5%
-340.7%
Q4 24
15.5%
-486.7%
Q3 24
14.2%
-433.8%
Q2 24
7.5%
-401.4%
Q1 24
17.3%
-272.6%
Net Margin
MIND
MIND
NRIX
NRIX
Q4 25
0.6%
-576.1%
Q3 25
14.2%
-1094.8%
Q2 25
-12.3%
-98.7%
Q1 25
13.5%
-305.4%
Q4 24
10.7%
-440.7%
Q3 24
8.0%
-388.9%
Q2 24
9.9%
-368.4%
Q1 24
10.8%
-250.3%
EPS (diluted)
MIND
MIND
NRIX
NRIX
Q4 25
$-0.83
Q3 25
$-1.03
Q2 25
$-0.52
Q1 25
$-0.67
Q4 24
$-0.74
Q3 24
$-0.67
Q2 24
$-0.71
Q1 24
$-0.76

Balance Sheet & Financial Strength

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

Metric
MIND
MIND
NRIX
NRIX
Cash + ST InvestmentsLiquidity on hand
$19.4M
$247.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$39.9M
$538.7M
Total Assets
$47.3M
$688.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MIND
MIND
NRIX
NRIX
Q4 25
$19.4M
$247.0M
Q3 25
$7.8M
$78.4M
Q2 25
$9.2M
$84.3M
Q1 25
$5.3M
$75.9M
Q4 24
$3.5M
$110.0M
Q3 24
$1.9M
$99.0M
Q2 24
$924.0K
$116.8M
Q1 24
$5.3M
$49.8M
Stockholders' Equity
MIND
MIND
NRIX
NRIX
Q4 25
$39.9M
$538.7M
Q3 25
$28.8M
$372.3M
Q2 25
$26.6M
$447.6M
Q1 25
$27.3M
$480.9M
Q4 24
$25.2M
$527.0M
Q3 24
$24.5M
$376.9M
Q2 24
$23.6M
$370.7M
Q1 24
$22.6M
$168.7M
Total Assets
MIND
MIND
NRIX
NRIX
Q4 25
$47.3M
$688.1M
Q3 25
$35.8M
$522.5M
Q2 25
$36.2M
$591.6M
Q1 25
$36.7M
$615.0M
Q4 24
$36.1M
$669.3M
Q3 24
$37.8M
$513.6M
Q2 24
$34.9M
$511.0M
Q1 24
$33.5M
$312.7M

Cash Flow & Capital Efficiency

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

Metric
MIND
MIND
NRIX
NRIX
Operating Cash FlowLast quarter
$894.0K
$-67.8M
Free Cash FlowOCF − Capex
$801.0K
$-73.0M
FCF MarginFCF / Revenue
8.3%
-537.4%
Capex IntensityCapex / Revenue
1.0%
37.8%
Cash ConversionOCF / Net Profit
14.42×
TTM Free Cash FlowTrailing 4 quarters
$5.1M
$-263.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MIND
MIND
NRIX
NRIX
Q4 25
$894.0K
$-67.8M
Q3 25
$-1.2M
$-57.4M
Q2 25
$4.1M
$-63.2M
Q1 25
$2.1M
$-61.1M
Q4 24
$2.3M
$-48.8M
Q3 24
$1.1M
$-42.2M
Q2 24
$-4.8M
$-39.7M
Q1 24
$657.0K
$-42.0M
Free Cash Flow
MIND
MIND
NRIX
NRIX
Q4 25
$801.0K
$-73.0M
Q3 25
$-1.3M
$-60.1M
Q2 25
$3.8M
$-65.8M
Q1 25
$1.8M
$-64.6M
Q4 24
$2.2M
$-50.9M
Q3 24
$978.0K
$-44.5M
Q2 24
$-4.8M
$-41.6M
Q1 24
$566.0K
$-44.8M
FCF Margin
MIND
MIND
NRIX
NRIX
Q4 25
8.3%
-537.4%
Q3 25
-9.9%
-761.3%
Q2 25
48.5%
-149.4%
Q1 25
12.2%
-349.9%
Q4 24
18.3%
-382.8%
Q3 24
9.7%
-353.7%
Q2 24
-49.8%
-344.4%
Q1 24
4.2%
-270.3%
Capex Intensity
MIND
MIND
NRIX
NRIX
Q4 25
1.0%
37.8%
Q3 25
1.3%
34.3%
Q2 25
3.0%
6.1%
Q1 25
1.5%
18.9%
Q4 24
0.6%
15.8%
Q3 24
0.8%
18.6%
Q2 24
0.7%
16.0%
Q1 24
0.7%
17.4%
Cash Conversion
MIND
MIND
NRIX
NRIX
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

MIND
MIND

Segment breakdown not available.

NRIX
NRIX

Pfizer$11.9M88%
Gilead Agreement$1.7M13%

Related Comparisons