Mynd.ai (MYND) Gross Profit (2016 - 2022)

Mynd.ai (MYND) posted Gross Profit of -$2.7 million for Q2 2022, down 126.45% sequentially from $10.2 million in Q4 2021, and down 118.49% YoY from $14.5 million in Q2 2021.

Mynd.ai (MYND) Gross Profit (2016 - 2022) Analysis & Trends

Mynd.ai has reported Gross Profit for 7 years, with the latest figure at -$2.7 million in Q2 2022.

  • Quarterly Gross Profit fell 118.49% year-over-year to -$2.7 million in Q2 2022, while the trailing twelve-month figure through Jun 2022 was $25.1 million (down 21.39% YoY) and the FY2025 annual result came in at $35.3 million, down 46.73% from the prior year.
  • Gross Profit fell to -$2.7 million in Q2 2022 per MYND's latest filing, from $10.2 million in the prior quarter.
  • Over five years, Gross Profit peaked at $15.9 million in Q2 2018 and troughed at -$11.6 million in Q1 2020.
  • A 5-year average of $4.3 million and a median of $3.1 million in 2019 frame the typical range for Gross Profit.
  • The sharpest annual moves came in 2020 and 2021: Gross Profit plunged 730.69% in 2020, then soared 252.23% in 2021.
  • Over 5 years, Gross Profit stood at $7.9 million in 2018, then gained by 24.78% to $9.9 million in 2019, then grew by 21.03% to $11.9 million in 2020, then dropped by 14.85% to $10.2 million in 2021, then slumped by 126.45% to -$2.7 million in 2022.
  • According to Business Quant data, Gross Profit over the past three periods registered -$2.7 million, $10.2 million, and $3.1 million for Q2 2022, Q4 2021, and Q3 2021 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 New Oriental Education & Technology 84.71 Bn 82.71 Bn 812.22 Mn
2 51Talk Online Education 7.32 Bn 7.28 Bn 22.97 Mn
3 Laureate Education 5.21 Bn 5.05 Bn 237.67 Mn
4 Graham Holdings 4.98 Bn 3.74 Bn 777.03 Mn
5 Covista 4.66 Bn 4.66 Bn 284.63 Mn
6 Grand Canyon Education 3.78 Bn 3.50 Bn 204.08 Mn
7 Stride 3.50 Bn 2.55 Bn 217.28 Mn
8 McGraw Hill 2.38 Bn 2.13 Bn 388.89 Mn
9 TAL Education 2.28 Bn -401.26 Mn 227.32 Mn
10 Mynd.ai 174.69 Mn 156.21 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2022 -2.69 Mn
Jun 30, 2022 -2.69 Mn
Dec 31, 2021 10.16 Mn
Dec 31, 2021 10.16 Mn
Sep 30, 2021 3.07 Mn
Sep 30, 2021 3.07 Mn
Jun 30, 2021 14.53 Mn
Jun 30, 2021 14.53 Mn
Mar 31, 2021 3.41 Mn
Mar 31, 2021 3.41 Mn
Dec 31, 2020 11.93 Mn
Dec 31, 2020 11.93 Mn
Sep 30, 2020 2.02 Mn
Sep 30, 2020 2.02 Mn
Jun 30, 2020 -9.54 Mn
Jun 30, 2020 -9.54 Mn
Mar 31, 2020 -11.59 Mn
Mar 31, 2020 -11.59 Mn
Dec 31, 2019 9.86 Mn
Dec 31, 2019 9.86 Mn