Mynd.ai (MYND) Gross Margin (2016 - 2022)
Mynd.ai's (MYND) quarterly Gross Margin came in at 12.61% in Q2 2022, down 1460.0% year-over-year from 0.93% in Q2 2021, and down 41.12% quarter-over-quarter from 21.42% in Q4 2021.
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Analysis
Mynd.ai (MYND) Gross Margin (2016 - 2022) Analysis & Trends
Mynd.ai has disclosed Gross Margin across 7 years of filings, most recently posting 12.61% for Q2 2022.
- In Q2 2022, Gross Margin fell 1460.0% year-over-year to 12.61%; the TTM figure through Jun 2022 stood at 20.49% (up 170.0% YoY), while the FY2025 annual figure was 21.01%, down 376.0% from the prior year.
- Gross Margin came in at 12.61% for Q2 2022 at Mynd.ai, down from 21.42% 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.
- Average Gross Margin over 5 years is 4.62%, with a median of 9.31% recorded in 2021.
- Year-over-year, Gross Margin plunged 9701 bps in 2020 and soared 10194 bps in 2021.
- Over 5 years, Gross Margin stood at 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, then tumbled by 41 bps to 12.61% in 2022.
- Per Business Quant data, the three most recent Gross Margin figures were 12.61% in Q2 2022, 21.42% in Q4 2021, and 7.17% in Q3 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Logitech International | 15.15 Bn | 13.40 Bn | 607.94 Mn | 49.54% |
| 2 | Mynd.ai | 15.71 Mn | 8.67 Mn | - | - |
| 3 | Socket Mobile | 4.47 Mn | 2.86 Mn | 1.41 Mn | 46.42% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | 12.61% |
| 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% |
API Access
Mynd.ai Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=MYND&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MYND", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MYND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();