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
DateValue
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