Mind Technology vs Unusual Machines
Mind Technology is the larger business, with $40.9m of revenue in fiscal 2026 against $11.2m for Unusual Machines (3.7 times as much). Unusual Machines grew faster (101.2% against -12.6%). Mind Technology kept more of each dollar of sales as profit: a net margin of 1.8% against -171.4%.
| Latest fiscal year | Mind TechnologyMIND, 2026 | Unusual MachinesUMAC, 2025 |
|---|---|---|
| Revenue | $40.9m | $11.2m |
| Revenue growth | -12.6% | 101.2% |
| Net income | $750,000 | −$19.2m |
| Operating margin | — | -224.6% |
| Net margin | 1.8% | -171.4% |
| Return on equity | 2.2% | -20.2% |
| Free cash flow | $1.9m | −$23.2m |
| Cash | $19.1m | $103m |
| Total debt | — | $0 |
| Debt to equity | — | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 157 | 141 |
| Market value | $35.4m | $727m |
| Price vs our value range | — | — |
| Moat score | 27 (Weak) | — |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 22 sales |