Mynd.ai (MYND) Cost of Revenue (2016 - 2021)
Mynd.ai's (MYND) quarterly Cost of Revenue came in at $37.3 million in Q4 2021, up 6.04% year-on-year from $35.1 million in Q4 2020, and down 6.23% quarter-over-quarter from $39.7 million in Q3 2021.
Mynd.ai (MYND) Cost of Revenue (2016 - 2021) Analysis & Trends
Mynd.ai has disclosed Cost of Revenue across 6 years of filings, most recently posting $37.3 million for Q4 2021.
- Cost of Revenue for Q4 2021 came in at $37.3 million, up 6.04% year-over-year; the trailing twelve-month figure through Dec 2021 was $149.1 million (up 27.58% YoY), and the FY2025 annual result was $132.6 million, down 34.05% from the prior year.
- Cost of Revenue came in at $37.3 million for Q4 2021 at Mynd.ai, down from $39.7 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $41.6 million in Q2 2019 to a low of $22.3 million in Q2 2020.
- The 5-year median for Cost of Revenue is $32.8 million (2019), against an average of $33.2 million.
- Across the five-year window, Cost of Revenue slumped 46.38% in 2020 and surged 74.19% in 2021, its largest moves.
- Mynd.ai's Cost of Revenue stood at $31.6 million in 2017, then advanced by 17.48% to $37.1 million in 2018, then gained by 10.17% to $40.9 million in 2019, then slipped by 14.03% to $35.1 million in 2020, then gained by 6.04% to $37.3 million in 2021.
- The last three Cost of Revenue figures came in at $37.3 million (Q4 2021), $39.7 million (Q3 2021), and $38.9 million (Q2 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn | 20.41 Mn |
| 2 | Laureate Education | 5.22 Bn | 5.06 Bn | -16.39 Mn | 289.01 Mn |
| 3 | Graham Holdings | 5.09 Bn | 4.08 Bn | 841.00 Mn | 394.99 Mn |
| 4 | Covista | 4.40 Bn | 4.40 Bn | 276.31 Mn | 210.72 Mn |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn | 398.31 Mn |
| 6 | Grand Canyon Education | 3.94 Bn | 3.69 Bn | 244.77 Mn | 63.99 Mn |
| 7 | McGraw Hill | 2.19 Bn | 1.94 Bn | 388.89 Mn | 74.83 Mn |
| 8 | Universal Technical Institute | 2.14 Bn | 1.97 Bn | 103.97 Mn | 117.43 Mn |
| 9 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | 47.07 Mn |
| 10 | Mynd.ai | 172.91 Mn | 154.43 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 37.27 Mn |
| Dec 31, 2021 | 37.27 Mn |
| Sep 30, 2021 | 39.74 Mn |
| Sep 30, 2021 | 39.74 Mn |
| Jun 30, 2021 | 38.87 Mn |
| Jun 30, 2021 | 38.87 Mn |
| Mar 31, 2021 | 33.27 Mn |
| Mar 31, 2021 | 33.27 Mn |
| Dec 31, 2020 | 35.14 Mn |
| Dec 31, 2020 | 35.14 Mn |
| Sep 30, 2020 | 30.53 Mn |
| Sep 30, 2020 | 30.53 Mn |
| Jun 30, 2020 | 22.32 Mn |
| Jun 30, 2020 | 22.32 Mn |
| Mar 31, 2020 | 28.91 Mn |
| Mar 31, 2020 | 28.91 Mn |
| Dec 31, 2019 | 40.88 Mn |
| Dec 31, 2019 | 40.88 Mn |
| Sep 30, 2019 | 40.61 Mn |
| Sep 30, 2019 | 40.61 Mn |