Mynd.ai (MYND) Net Margin (2016 - 2022)

Mynd.ai (MYND) posted Net Margin of 27.83% for Q2 2022, up 26400298.97% sequentially from 0.0% in Q4 2021, and up 2783.0% YoY from 0.97% in Q2 2021.

Mynd.ai (MYND) Net Margin (2016 - 2022) Analysis & Trends

Mynd.ai has reported Net Margin for 7 years, with the latest figure at 27.83% in Q2 2022.

  • Quarterly Net Margin rose 2783.0% year-over-year to 27.83% in Q2 2022, while the trailing twelve-month figure through Jun 2022 was 4.85% (down 485.0% YoY) and the FY2024 annual result came in at 35.8%, down 2622.0% from the prior year.
  • Net Margin improved to 27.83% in Q2 2022 per MYND's latest filing, from 0.0% in the prior quarter.
  • Over five years, Net Margin peaked at 27.83% in Q2 2022 and troughed at 0.01% in Q1 2020.
  • A 5-year average of 1.64% and a median of 0.0% in 2019 frame the typical range for Net Margin.
  • The sharpest annual moves came in 2020 and 2022: Net Margin decreased 1 bps in 2020, then jumped 2783 bps in 2022.
  • Over 5 years, Net Margin stood at 0.0% in 2018, then sank by 56 bps to 0.0% in 2019, then jumped by 3564 bps to 0.0% in 2020, then slumped by 85 bps to 0.0% in 2021, then surged by 26400299 bps to 27.83% in 2022.
  • According to Business Quant data, Net Margin over the past three periods registered 27.83%, 0.0%, and 0.0% for Q2 2022, Q4 2021, and Q3 2021 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 New Oriental Education & Technology 84.87 Bn 82.87 Bn 812.22 Mn 7.27%
2 51Talk Online Education 7.20 Bn 7.16 Bn 22.97 Mn -7.43%
3 Laureate Education 5.22 Bn 5.06 Bn 237.67 Mn -
4 Graham Holdings 5.05 Bn 3.81 Bn 777.03 Mn 21.68%
5 Covista 4.62 Bn 4.62 Bn 284.63 Mn -0.08%
6 Grand Canyon Education 3.76 Bn 3.49 Bn 204.08 Mn 17.37%
7 Stride 3.56 Bn 2.60 Bn 217.28 Mn 12.81%
8 McGraw Hill 2.32 Bn 2.07 Bn 388.89 Mn -10.84%
9 TAL Education 2.31 Bn -376.25 Mn 227.32 Mn 0.00%
10 Mynd.ai 190.82 Mn 172.34 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2022 27.83%
Dec 31, 2021 0.00%
Sep 30, 2021 0.00%
Jun 30, 2021 0.00%
Mar 31, 2021 0.00%
Dec 31, 2020 0.00%
Sep 30, 2020 0.00%
Jun 30, 2020 0.00%
Mar 31, 2020 -0.01%
Dec 31, 2019 0.00%
Sep 30, 2019 0.00%
Jun 30, 2019 0.00%
Mar 31, 2019 0.00%
Dec 31, 2018 0.00%
Sep 30, 2018 0.00%
Jun 30, 2018 0.00%
Mar 31, 2018 0.00%
Dec 31, 2017 0.00%
Sep 30, 2017 0.00%
Jun 30, 2017 0.00%