Mynd.ai (MYND) Gross Margin (2016 - 2021)
Quarterly results put Gross Margin at 21.42% for Q4 2021, down 392.0% from a year ago — trailing twelve months through Dec 2021 was 17.29% (up 2384.0% YoY), and the annual figure for FY2024 was 24.77%, up 37.0%.
Mynd.ai has reported Gross Margin over the past 6 years, most recently at 21.42% for Q4 2021.
- Gross Margin reached 21.42% in Q4 2021 per MYND's latest filing, up from 7.17% in the prior quarter.
- Across five years, Gross Margin topped out at 33.46% in Q2 2018 and bottomed at 74.73% in Q2 2020.
- Median Gross Margin over the past 5 years was 15.73% (2018), compared with a mean of 7.39%.
- The largest annual shift saw Gross Margin crashed -9701bps in 2020 before it surged 10194bps in 2021.
- Over 5 years, Gross Margin stood at 19.14% in 2017, then dropped by -8bps to 17.55% in 2018, then grew by 11bps to 19.43% in 2019, then skyrocketed by 30bps to 25.35% in 2020, then fell by -15bps to 21.42% in 2021.
- Business Quant data shows Gross Margin for MYND at 21.42% in Q4 2021, 7.17% in Q3 2021, and 27.21% in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | 72.43% |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 68.04% |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | -6.01% |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | 79.28% |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 36.76% |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | 78.77% |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | 46.96% |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | - |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 83.40% |
| 10 | Mynd.ai | - | - | - | - |
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% |
| Dec 31, 2016 | 7.38% |
| Sep 30, 2016 | 16.84% |