Mynd.ai, Inc. financials
Source: EDGAR filings · Built 2026-06-19T02:50:27Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -45.60M | -497.00K | -2.75M | -6.10M | -23.10M | 5.31M |
| EBITDA | -41.10M | -32.34M | -41.07M | 7.95M | 17.18M | 500.00K |
| Working Capital | -26.11M | 17.55M | 40.99M | 21.25M | 23.79M | 23.49M |
| Net Debt | 48.26M | 2.50M | 21.49M | 26.86M | 49.31M | 63.79M |
| Gross Margin | 21.01% | 24.77% | 24.40% | 24.13% | 31.01% | 14.32% |
| Operating Margin | -29.83% | -14.23% | -11.18% | 0.59% | 2.47% | -5.08% |
| Net Margin | -32.20% | -35.80% | -9.58% | 3.50% | -0.25% | 11.40% |
| Return on Equity (ROE) | 308.94% | -337.45% | -33.22% | 14.94% | -2.09% | 5.69% |
| Return on Assets (ROA) | -29.62% | -37.89% | -9.69% | 5.55% | -1.45% | 3.78% |
| Current Ratio | 0.76× | 1.13× | 1.22× | 1.10× | 3.81× | 3.82× |
| Debt-to-Equity | -3.81× | 2.74× | 0.92× | 0.41× | 1.51× | 1.79× |
| Effective Tax Rate | 0.71% | -192.28% | 19.93% | -365.02% | 20.67% | 9.79% |
| Cash Conversion Ratio | 0.84× | -0.01× | 0.06× | -0.26× | 19.88× | 2.08× |
| Accruals Ratio | -0.05× | -0.38× | -0.09× | 0.07× | 0.27× | -0.04× |
| SBC % of Revenue | 1.72% | 1.38% | 0.00% | 0.00% | 0.04% | 1.95% |
| CapEx Coverage | -484.07× | 0.61× | -6.06× | -6.36× | -18.35× | 7.26× |
| Free Cash Flow Per Share | $-0.10 | $-0.00 | $-0.01 | $-0.01 | $-0.05 | $0.18 |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 167.93M | 267.38M | 411.76M | 584.68M | 448.19M | — |
| Cost of Goods and Services Sold | 132.64M | 201.14M | 311.27M | 443.60M | 309.22M | 22.25M |
| Gross Profit | 35.29M | 66.24M | 100.48M | 141.09M | 138.97M | 3.72M |
| Research and Development Expense | 12.83M | 25.25M | 34.60M | 41.46M | 35.59M | — |
| Operating Expenses | 85.38M | 104.28M | 146.53M | 137.66M | 127.90M | 5.04M |
| Operating Income (Loss) | -50.10M | -38.04M | -46.04M | 3.43M | 11.07M | -1.32M |
| Income Tax Expense (Benefit) | -384.00K | 68.73M | -9.66M | -25.98M | 1.79M | 321.00K |
| Net Income (Loss) Attributable to Parent | -54.07M | -95.72M | -39.43M | 20.46M | -1.10M | — |
| Earnings Per Share, Basic | $-0.12 | $-0.21 | $-0.09 | $0.05 | $0.00 | $0.07 |
| Weighted Average Number of Shares Outstanding, Basic | 456.83M | 456.47M | 427.99M | 426.42M | 426.42M | 28.12M |
| Earnings Per Share, Diluted | $-0.12 | $-0.21 | $-0.09 | $0.05 | $0.00 | $0.06 |
| Weighted Average Number of Shares Outstanding, Diluted | 456.83M | 456.47M | 427.99M | 426.42M | 426.42M | 28.87M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 18.48M | 75.32M | 87.80M | 29.31M | 30.27M | 29.38M |
| Assets, Current | 84.11M | 147.62M | 227.16M | 227.89M | 32.25M | 31.82M |
| Assets | 182.53M | 252.62M | 407.04M | 368.78M | 76.00M | 78.23M |
| Long-term Debt | 63.98M | 74.01M | 101.47M | 52.75M | — | — |
| Liabilities, Current | 110.22M | 130.07M | 186.17M | 206.65M | 8.47M | 8.33M |
| Long-term Debt, Excluding Current Maturities | 61.08M | 58.08M | 64.86M | — | — | — |
| Liabilities | 200.03M | 224.25M | 286.44M | 231.77M | 17.46M | 19.46M |
| Stockholders' Equity Attributable to Parent | -17.50M | 28.36M | 118.70M | 137.01M | 52.75M | 52.04M |
| Common Stock, Shares, Outstanding | 462.19M | 454.96M | 456.48M | 426.42M | 28.04M | 27.81M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -45.50M | 786.00K | -2.36M | -5.27M | -21.90M | 6.16M |
| Payments to Acquire Property, Plant, and Equipment | 94.00K | 1.28M | 389.00K | 829.00K | 1.19M | 849.00K |
| Net Cash Provided by (Used in) Investing Activities | -2.60M | 4.31M | 19.33M | -15.78M | -1.19M | -2.20M |
| Net Cash Provided by (Used in) Financing Activities | -8.41M | -22.63M | 44.44M | 11.35M | 25.46M | 556.00K |
Derived Metrics
| Concept | Q4 2025 | Q2 2025 | Q4 2024 | Q2 2024 | Q4 2023 | Q2 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | — | -41.30M | — | -7.78M | — | -12.59M |
| EBITDA | — | -24.43M | — | -8.54M | — | -16.79M |
| Working Capital | -26.11M | -7.40M | 17.55M | 33.06M | 40.99M | — |
| Net Debt | 48.26M | 40.88M | 2.50M | 22.37M | 21.49M | — |
| Gross Margin | — | 21.72% | — | 28.67% | — | 26.27% |
| Operating Margin | — | -32.63% | — | -7.67% | — | -8.68% |
| Net Margin | — | -32.36% | — | -32.51% | — | -7.04% |
| Return on Equity (ROE) | — | -496.09% | — | -61.96% | — | -12.83% |
| Return on Assets (ROA) | — | -13.77% | — | -14.75% | — | — |
| Current Ratio | 0.76× | 0.94× | 1.13× | 1.22× | 1.22× | — |
| Debt-to-Equity | -3.81× | 12.01× | 2.74× | 1.19× | 0.92× | — |
| Effective Tax Rate | — | -0.14% | — | -515.61% | — | 25.23% |
| Cash Conversion Ratio | — | 1.43× | — | 0.15× | — | 0.79× |
| Accruals Ratio | — | 0.06× | — | -0.12× | — | — |
| SBC % of Revenue | — | 1.16% | — | 0.77% | — | 0.00% |
| CapEx Coverage | — | -1250.58× | — | -16.94× | — | -52.33× |
| Free Cash Flow Per Share | — | $-0.09 | — | $-0.02 | — | $-0.03 |
Income Statement
| Concept | Q4 2025 | Q2 2025 | Q4 2024 | Q2 2024 | Q4 2023 | Q2 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | — | 89.27M | — | 146.85M | — | 222.50M |
| Cost of Goods and Services Sold | — | 69.88M | — | 104.75M | — | 164.04M |
| Gross Profit | — | 19.39M | — | 42.11M | — | 58.46M |
| Research and Development Expense | — | 7.78M | — | 13.41M | — | 18.51M |
| Operating Expenses | — | 48.52M | — | 53.37M | — | 77.78M |
| Operating Income (Loss) | — | -29.13M | — | -11.27M | — | -19.32M |
| Income Tax Expense (Benefit) | — | 41.00K | — | 39.50M | — | -5.14M |
| Net Income (Loss) Attributable to Parent | — | -28.89M | — | -47.74M | — | -15.67M |
| Earnings Per Share, Basic | — | $-0.06 | — | $-0.10 | — | $-0.04 |
| Weighted Average Number of Shares Outstanding, Basic | 456.83M | 456.87M | 456.47M | 456.48M | 427.99M | 426.42M |
| Earnings Per Share, Diluted | — | $-0.06 | — | $-0.10 | — | $-0.04 |
| Weighted Average Number of Shares Outstanding, Diluted | 456.83M | 456.87M | 456.47M | 456.48M | 427.99M | 426.42M |
Balance Sheet
| Concept | Q4 2025 | Q2 2025 | Q4 2024 | Q2 2024 | Q4 2023 | Q2 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 18.48M | 29.06M | 75.32M | 69.38M | 87.80M | — |
| Assets, Current | 84.11M | 107.59M | 147.62M | 185.45M | 227.16M | — |
| Assets | 182.53M | 209.79M | 252.62M | 323.76M | 407.04M | — |
| Long-term Debt | 63.98M | 66.58M | 74.01M | — | 101.47M | — |
| Liabilities, Current | 110.22M | 114.99M | 130.07M | 152.39M | 186.17M | — |
| Long-term Debt, Excluding Current Maturities | 61.08M | 58.71M | 58.08M | — | 64.86M | — |
| Liabilities | 200.03M | 203.97M | 224.25M | 244.89M | 286.44M | — |
| Stockholders' Equity Attributable to Parent | -17.50M | 5.82M | 28.36M | 77.05M | 118.70M | — |
| Common Stock, Shares, Outstanding | 462.19M | 456.45M | 454.96M | 456.48M | 456.48M | — |
Cash Flow Statement
| Concept | Q4 2025 | Q2 2025 | Q4 2024 | Q2 2024 | Q4 2023 | Q2 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | — | -41.27M | — | -7.35M | — | -12.35M |
| Payments to Acquire Property, Plant, and Equipment | — | 33.00K | — | 434.00K | — | 236.00K |
| Net Cash Provided by (Used in) Investing Activities | — | -1.50M | — | -4.58M | — | 6.23M |
| Net Cash Provided by (Used in) Financing Activities | — | -3.24M | — | -10.87M | — | -1.69M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (MYND CIK 0001708441),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.