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
DateValue
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%