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    M

    Mind Medicine Inc (MNMD)

    Official site

    BIOTECHNOLOGY

    $15.02
    +0.15 (+1.01%)

    Last updated: Jan 14, 2026 at 4:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    57%(13/23)
    Avg Surprise
    -1.27%
    Last 12 of 34 reported quarters
    PeriodReportedEst.RangeSurpriseB/MAnalystsRevisionsYoY
    Sep 25
    Reported Nov 6
    $-0.78$-0.50$-0.58 - $-0.46-56.00%Miss8
    0
    6
    30d
    -188.9%
    Jun 25
    Reported Jul 31
    $-0.50$-0.37$-0.40 - $-0.29-35.14%Miss7
    4
    0
    30d
    -92.3%
    Mar 25
    Reported May 6
    $-0.35$-0.53$-0.55 - $-0.51+33.96%Beat7
    1
    3
    30d
    +69.3%
    Dec 24
    Reported Feb 26
    $-0.41$-0.28$-0.69 - $-0.23-47.16%Miss7
    No revisions (30d)
    +30.5%
    Sep 24
    Reported Nov 7
    $-0.27$-0.28$-0.36 - $-0.10+3.57%Beat9
    No revisions (30d)
    +40.0%
    Jun 24
    Reported Aug 13
    $-0.26$-0.33$-0.46 - $-0.27+21.21%Beat9
    No revisions (30d)
    +65.8%
    Mar 24
    Reported May 8
    $-1.14$-0.53$-0.56 - $-0.28-115.09%Miss6
    2
    0
    30d
    -119.2%
    Dec 23
    Reported Feb 28
    $-0.59$-0.46$-0.79 - $-0.32-28.26%Miss7
    No revisions (30d)
    -268.7%
    Sep 23
    Reported Nov 2
    $-0.45$-0.67$-0.78 - $-0.60+32.84%Beat6
    No revisions (30d)
    +19.6%
    Jun 23
    Reported Aug 3
    $-0.76$-0.54$-0.56 - $-0.51-40.74%Miss6
    No revisions (30d)
    -26.7%
    Mar 23
    Reported May 4
    $-0.52$-0.42$-0.49 - $-0.37-23.81%Miss5
    No revisions (30d)
    +13.3%
    Dec 22
    Reported Mar 9
    $-0.16N/A-+68.00%Beat1
    No revisions (30d)
    +78.7%

    Key Metrics

    Valuation
    P/E RatioN/AEV/EBITDAN/A
    Price/FCFN/AFCF YieldN/A
    Profitability
    Profit MarginN/AOperating MarginN/A
    ROEN/AROICN/A
    Financial Health
    Debt/EquityN/AInterest CoverageN/A
    Current RatioN/AQuick RatioN/A
    Trading Statistics
    BetaN/AAvg VolumeN/A
    52-Week HighN/A52-Week LowN/A

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$14.05
    SMA 20$13.52
    SMA 50$12.57
    SMA 200N/A
    EMA 10$14.14
    EMA 20$13.66
    EMA 50$12.85
    EMA 200$10.38

    MACD

    Line: 0.57Signal: 0.46Hist: 0.12

    ADX

    ADX: 32.8+DI: 32.5-DI: 13.8

    Aroon & PSAR

    Aroon Up84.0
    Aroon Down24.0
    PSAR$15.20

    Bollinger Bands

    Upper Band$15.10
    Lower Band$11.93
    %B Position2351%(Upper)
    Band Width0.97

    RSI (14-Day)

    Neutral
    65.2

    Momentum Oscillators

    Stoch %K73.4
    Stoch %D64.0
    Williams %R-10.4
    ROC (10d)16.0%
    Momentum2.07
    CCI (20d)156.7
    MFI (14d)63.2

    Volatility Measures

    ATR (14d)$0.90(6.0%)
    StdDev (20d)0.79
    Hist Vol55.2%(High)

    Volume Flow

    VWAP$14.83
    OBV42.8M
    AD Line5.1M
    CMF (20d)0.098

    Volume Metrics

    Avg Vol (20d)2.4M
    Vol Ratio0.9x
    VWMA (20d)$13.53

    Pivot Points

    R3$16.81
    R2$16.00
    R1$15.44
    Pivot Point$14.63
    S1$14.07
    S2$13.26
    S3$12.70

    Advanced Oscillators

    TSI21.37
    Ultimate Osc58.6
    KST147.43

    Financial Data

    QuarterSep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023Dec 2022
    Total Revenue$0$0$0$0$0$0$0$4.84M$0$0$0$0
    Cost of RevenueN/AN/AN/AN/AN/AN/A$527,000$790,000$800,000$814,000$805,000$803,000
    Gross ProfitN/AN/AN/AN/AN/AN/A$-527,000$4.05M$-800,000$-814,000$-805,000$-803,000
    Operating Expenses$45.67M$40.90M$32.16M$32.46M$24.79M$24.46M$21.68M$22.20M$21.62M$29.18M$20.86M$13.90M
    R&D$30.98M$29.81M$23.36M$21.76M$17.19M$14.64M$11.18M$11.55M$13.20M$14.78M$12.60M$8.83M
    SG&A$14.69M$11.09M$8.80M$10.70M$7.60M$9.81M$10.50M$10.66M$8.41M$14.41M$8.26M$5.07M
    Operating Income$-45,669,000$-40,903,000$-32,159,000$-32,462,000$-24,792,000$-24,458,000$-22,204,000$-22,205,000$-21,616,000$-29,184,000$-20,862,000$-13,900,000
    Interest Income$2.26M$2.77M$2.43M$3.28M$3.51M$3.12M$1.66M$0$1.16M$1.39M$1.36M$0
    Interest Expense$1.27M$2.34M$602,000$656,000$727,000$466,000$434,000$1.28M$328,000$77,000$76,000$1.05M
    Income Before Tax$-67,265,000$-42,744,000$-23,348,000$-34,741,000$-13,684,000$-5,854,000$-54,400,000$-23,864,000$-17,923,000$-29,130,000$-24,815,000$-4,903,000
    Income Tax Expense$0$0$0$0$0$0$483,724$-1,824,000$-791,000$-54,000$2.67M$-8,997,000
    Net Income$-67,265,000$-42,744,000$-23,348,000$-34,741,000$-13,684,000$-5,854,000$-54,400,000$-23,864,000$-17,923,000$-29,130,000$-24,815,000$-4,903,000
    EBITDA$-65,984,250$-40,406,000$-22,746,000$-34,085,000$-1,122,000$-5,388,000$-53,439,000$-21,415,000$-16,804,000$-28,263,000$-23,948,000$-13,110,000
    EBIT$-65,991,000N/AN/A$-32,462,000$-12,957,000N/A$-53,966,000$-22,205,000$-17,595,000$-29,053,000$-24,739,000$-13,900,000
    * Some calculated fields are derived from available data when not provided by source

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    MNMD Bull Case vs Bear Case

    Bear case

    • MNMD beat EPS estimates in 37.5% of its last 8 reported quarters.

    MNMD Earnings: Beat Rate and Next Report

    Beat rate
    3 of 8 quarters (37.5%)
    Average surprise
    -27.9%

    MNMD Earnings Call

    The latest MNMD earnings call transcript on file is labeled 2025Q3.

    Read the 2025Q3 transcript

    MNMD ETF Holders

    See insider activity

    Frequently Asked Questions About MNMD

    Does MNMD pay dividends?

    Mind Medicine Inc (MNMD) does not currently pay a regular dividend.

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