Mynd.ai (MYND) Operating Expenses (2016 - 2021)

Mynd.ai (MYND) posted Operating Expenses of $10.0 million for Q4 2021, up 74.97% sequentially from $5.7 million in Q3 2021, and down 6.81% YoY from $10.8 million in Q4 2020.

Mynd.ai (MYND) Operating Expenses (2016 - 2021) Analysis & Trends

Mynd.ai has reported Operating Expenses for 6 years, with the latest figure at $10.0 million in Q4 2021.

  • Quarterly Operating Expenses fell 6.81% year-over-year to $10.0 million in Q4 2021, while the trailing twelve-month figure through Jun 2023 was $10.0 million (down 53.71% YoY) and the FY2025 annual result came in at $85.4 million, down 18.12% from the prior year.
  • Operating Expenses rose to $10.0 million in Q4 2021 per MYND's latest filing, from $5.7 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $14.5 million in Q1 2020 and troughed at $2.8 million in Q1 2017.
  • A 5-year average of $6.9 million and a median of $6.4 million in 2017 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2017 and 2021: Operating Expenses surged 205.37% in 2017, then plunged 60.89% in 2021.
  • Over 5 years, Operating Expenses stood at $7.6 million in 2017, then rose by 5.13% to $8.0 million in 2018, then decreased by 18.65% to $6.5 million in 2019, then surged by 64.66% to $10.8 million in 2020, then fell by 6.81% to $10.0 million in 2021.
  • According to Business Quant data, Operating Expenses over the past three periods registered $10.0 million, $5.7 million, and $5.9 million for Q4 2021, Q3 2021, and Q2 2021 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 New Oriental Education & Technology 84.71 Bn 82.71 Bn 812.22 Mn 1.44 Bn
2 51Talk Online Education 7.32 Bn 7.28 Bn 22.97 Mn -24.40 Mn
3 Laureate Education 5.21 Bn 5.05 Bn 237.67 Mn 14.24 Mn
4 Graham Holdings 4.98 Bn 3.74 Bn 777.03 Mn 1.22 Bn
5 Covista 4.66 Bn 4.66 Bn 284.63 Mn 405.94 Mn
6 Grand Canyon Education 3.78 Bn 3.50 Bn 204.08 Mn 205.89 Mn
7 Stride 3.50 Bn 2.55 Bn 217.28 Mn 111.43 Mn
8 McGraw Hill 2.38 Bn 2.13 Bn 388.89 Mn 395.25 Mn
9 TAL Education 2.28 Bn -401.26 Mn 227.32 Mn 243.19 Mn
10 Mynd.ai 174.69 Mn 156.21 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2021 10.03 Mn
Sep 30, 2021 5.73 Mn
Jun 30, 2021 5.91 Mn
Mar 31, 2021 5.67 Mn
Dec 31, 2020 10.76 Mn
Sep 30, 2020 5.54 Mn
Jun 30, 2020 5.40 Mn
Mar 31, 2020 14.50 Mn
Dec 31, 2019 6.54 Mn
Sep 30, 2019 7.56 Mn
Jun 30, 2019 6.61 Mn
Mar 31, 2019 5.87 Mn
Dec 31, 2018 8.03 Mn
Sep 30, 2018 6.47 Mn
Jun 30, 2018 8.39 Mn
Mar 31, 2018 5.77 Mn
Dec 31, 2017 7.64 Mn
Sep 30, 2017 6.26 Mn
Jun 30, 2017 3.50 Mn
Mar 31, 2017 2.79 Mn