Mynd.ai (MYND) Gross Margin (2016 - 2021)
Mynd.ai's (MYND) quarterly Gross Margin came in at 21.42% in Q4 2021, down 392.0% year-on-year from 7.34% in Q4 2020, and up 198.71% quarter-over-quarter from 7.17% in Q3 2021.
Mynd.ai (MYND) Gross Margin (2016 - 2021) Analysis & Trends
Mynd.ai has disclosed Gross Margin across 6 years of filings, most recently posting 21.42% for Q4 2021.
- Gross Margin for Q4 2021 came in at 21.42%, down 392.0% year-over-year; the trailing twelve-month figure through Dec 2021 was 17.29% (up 2384.0% YoY), and the FY2025 annual result was 21.01%, down 376.0% from the prior year.
- Gross Margin came in at 21.42% for Q4 2021 at Mynd.ai, up from 7.17% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 33.46% in Q2 2018 to a low of 74.73% in Q2 2020.
- The 5-year median for Gross Margin is 15.73% (2018), against an average of 7.39%.
- Across the five-year window, Gross Margin sank 9701 bps in 2020 and surged 10194 bps in 2021, its largest moves.
- Mynd.ai's Gross Margin stood at 19.14% in 2017, then retreated by 8 bps to 17.55% in 2018, then gained by 11 bps to 19.43% in 2019, then jumped by 30 bps to 25.35% in 2020, then fell by 15 bps to 21.42% in 2021.
- The last three Gross Margin figures came in at 21.42% (Q4 2021), 7.17% (Q3 2021), and 27.21% (Q2 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.03 Bn | 6.99 Bn | 22.18 Mn | 72.43% |
| 2 | Laureate Education | 5.22 Bn | 5.06 Bn | -16.39 Mn | -6.01% |
| 3 | Graham Holdings | 5.09 Bn | 4.08 Bn | 841.00 Mn | 68.04% |
| 4 | Covista | 4.40 Bn | 4.40 Bn | 276.31 Mn | 56.73% |
| 5 | Stride | 4.17 Bn | 3.36 Bn | 231.57 Mn | 36.76% |
| 6 | Grand Canyon Education | 3.94 Bn | 3.69 Bn | 244.77 Mn | 79.28% |
| 7 | McGraw Hill | 2.19 Bn | 1.94 Bn | 388.89 Mn | 83.86% |
| 8 | Universal Technical Institute | 2.14 Bn | 1.97 Bn | 103.97 Mn | 46.96% |
| 9 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | 78.77% |
| 10 | Mynd.ai | 172.91 Mn | 154.43 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 21.42% |
| Sep 30, 2021 | 7.17% |
| Jun 30, 2021 | 27.21% |
| Mar 31, 2021 | 9.31% |
| Dec 31, 2020 | 25.35% |
| Sep 30, 2020 | 6.20% |
| Jun 30, 2020 | -74.73% |
| Mar 31, 2020 | -66.93% |
| Dec 31, 2019 | 19.43% |
| Sep 30, 2019 | 7.14% |
| Jun 30, 2019 | 22.28% |
| Mar 31, 2019 | 5.36% |
| Dec 31, 2018 | 17.55% |
| Sep 30, 2018 | 3.46% |
| Jun 30, 2018 | 33.46% |
| Mar 31, 2018 | 2.17% |
| Dec 31, 2017 | 19.14% |
| Sep 30, 2017 | 24.08% |
| Jun 30, 2017 | 24.73% |
| Mar 31, 2017 | 13.91% |