Mynd.ai, Inc. income statement

In fiscal 2025, Mynd.ai, Inc. reported revenue of $168m, down 37.2% on the year before, operating income of −$50.1m (a -29.8% margin) and net income of −$54.1m, or −$1.20 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Mynd.ai, Inc.: income statement, annual
Fiscal year	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	83	109	141	156	182	42	448	585	412	267	168
Cost of revenue	74	92	111	131	156	43	309	444	311	201	133
Gross profit	9	17	30	26	27	−1	139	141	100	66	35
Research and development	—	—	—	—	—	—	36	41	35	25	13
Selling and marketing	—	—	—	—	—	—	61	61	51	42	39
General and administrative	8	7	18	26	24	17	31	35	31	33	27
Operating income	−1	8	9	−3	0	−30	11	3	−46	−38	−50
Interest expense	—	—	—	—	—	—	0	2	5	10	10
Provision for credit losses	—	—	—	0	0	1	1	23	—	—	—
Income before tax	−0	8	11	1	2	−28	9	7	−48	−36	−54
Income tax	1	2	4	2	4	−1	2	−26	−10	69	−0
Net income	−1	7	7	−2	−2	−37	−1	20	−39	−96	−54
Diluted EPS	—	$0.17	$0.18	−$0.04	−$0.06	−$0.89	—	$0.50	−$0.90	−$2.10	−$1.20
Diluted shares (average)	25m	37m	40m	44m	42m	42m	43m	43m	43m	46m	46m
EBITDA	3	12	15	5	9	−20	17	8	−41	−32	−41

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

Compare with peers

Head to head: IONQ vs MYND MYND vs QMCO MYND vs TACT

More: Technology Hardware, Storage & Peripherals stocks compared, Technology sector, rankings of US companies

Figures from Mynd.ai, Inc.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Mynd.ai, Inc.