Mynd.ai (MYND) Cost of Revenue (2016 - 2022)
Mynd.ai (MYND) posted Cost of Revenue of -$18.6 million for Q2 2022, down 149.96% sequentially from $37.3 million in Q4 2021, and down 147.9% YoY from $38.9 million in Q2 2021.
Mynd.ai (MYND) Cost of Revenue (2016 - 2022) Analysis & Trends
Mynd.ai has reported Cost of Revenue for 7 years, with the latest figure at -$18.6 million in Q2 2022.
- Quarterly Cost of Revenue fell 147.9% year-over-year to -$18.6 million in Q2 2022, while the trailing twelve-month figure through Jun 2022 was $97.3 million (down 29.43% YoY) and the FY2025 annual result came in at $132.6 million, down 34.05% from the prior year.
- Cost of Revenue eased to -$18.6 million in Q2 2022 per MYND's latest filing, from $37.3 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $41.6 million in Q2 2019 and troughed at -$18.6 million in Q2 2022.
- A 5-year average of $31.4 million and a median of $34.0 million in 2018 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2021 and 2022: Cost of Revenue jumped 74.19% in 2021, then tumbled 147.9% in 2022.
- Over 5 years, Cost of Revenue stood at $37.1 million in 2018, then climbed by 10.17% to $40.9 million in 2019, then declined by 14.03% to $35.1 million in 2020, then climbed by 6.04% to $37.3 million in 2021, then slumped by 149.96% to -$18.6 million in 2022.
- According to Business Quant data, Cost of Revenue over the past three periods registered -$18.6 million, $37.3 million, and $39.7 million for Q2 2022, Q4 2021, and Q3 2021 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 717.31 Mn |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | 8.21 Mn |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | 378.20 Mn |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 525.48 Mn |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | 216.75 Mn |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | 59.96 Mn |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 418.78 Mn |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | 74.83 Mn |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | 202.24 Mn |
| 10 | Mynd.ai | 174.69 Mn | 156.21 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | -18.62 Mn |
| Jun 30, 2022 | -18.62 Mn |
| 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 |