Mynd.ai (MYND) Tax Rate (2016 - 2021)

Mynd.ai's (MYND) quarterly Tax Rate came in at 108.27% in Q4 2021, up 43651.0% year-on-year from N/an in Q4 2020, and up 900.56% quarter-over-quarter from 10.82% in Q3 2021.

Mynd.ai (MYND) Tax Rate (2016 - 2021) Analysis & Trends

Mynd.ai has disclosed Tax Rate across 6 years of filings, most recently posting 108.27% for Q4 2021.

  • Tax Rate for Q4 2021 came in at 108.27%, up 43651.0% year-over-year; the trailing twelve-month figure through Dec 2021 was 49.26% (up 4981.0% YoY), and the FY2025 annual result was 0.71%, up 19299.0% from the prior year.
  • Tax Rate came in at 108.27% for Q4 2021 at Mynd.ai, up from 10.82% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 108.27% in Q4 2021 to a low of 328.24% in Q4 2020.
  • The 5-year median for Tax Rate is 23.55% (2017), against an average of 2.59%.
  • Across the five-year window, Tax Rate slumped 40599 bps in 2020 and jumped 43651 bps in 2021, its largest moves.
  • Mynd.ai's Tax Rate stood at 68.16% in 2017, then jumped by 37 bps to 93.39% in 2018, then declined by 17 bps to 77.75% in 2019, then sank by 522 bps to 328.24% in 2020, then soared by 133 bps to 108.27% in 2021.
  • The last three Tax Rate figures came in at 108.27% (Q4 2021), 10.82% (Q3 2021), and 22.05% (Q2 2021), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 51Talk Online Education 7.03 Bn 6.99 Bn 22.18 Mn 11.20%
2 Laureate Education 5.22 Bn 5.06 Bn -16.39 Mn 20.92%
3 Graham Holdings 5.09 Bn 4.08 Bn 841.00 Mn 24.35%
4 Covista 4.40 Bn 4.40 Bn 276.31 Mn 25.61%
5 Stride 4.17 Bn 3.36 Bn 231.57 Mn 26.13%
6 Grand Canyon Education 3.94 Bn 3.69 Bn 244.77 Mn 23.49%
7 McGraw Hill 2.19 Bn 1.94 Bn 388.89 Mn 4.69%
8 Universal Technical Institute 2.14 Bn 1.97 Bn 103.97 Mn -26.11%
9 Perdoceo Education 2.13 Bn 1.45 Bn 174.68 Mn 20.81%
10 Mynd.ai 172.91 Mn 154.43 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2021 108.27%
Dec 31, 2021 108.27%
Sep 30, 2021 10.82%
Sep 30, 2021 10.82%
Jun 30, 2021 22.05%
Jun 30, 2021 22.05%
Mar 31, 2021 -51.33%
Mar 31, 2021 -51.33%
Dec 31, 2020 -328.24%
Dec 31, 2020 -328.24%
Sep 30, 2020 -149.96%
Sep 30, 2020 -149.96%
Jun 30, 2020 -4.35%
Jun 30, 2020 -4.35%
Mar 31, 2020 -16.30%
Mar 31, 2020 -16.30%
Dec 31, 2019 77.75%
Dec 31, 2019 77.75%
Jun 30, 2019 33.58%
Jun 30, 2019 33.58%