Financials · MYND

Mynd.ai Inc. (MYND) financials

For fiscal 2025 (ended Dec 31, 2025), Mynd.ai Inc. reported $167.93M of revenue and -$54.07M of net income.

Revenue, FY2025
$167.93M
Revenue growth, YoY
-37.2%
Net income, FY2025
-$54.07M
Net margin
-32.2%
Free cash flow, FY2025
-$45.60M
EPS, diluted, FY2025
-$0.12
Cash
$18.48M
Total debt
$63.98M
P/S
0.07
Market cap
$12.0M
Annual revenue$167.93M
FY2016FY2025
Annual net income-$54.07M
FY2016FY2025
Annual free cash flow-$45.60M
FY2016FY2025

MYND revenue and earnings growth

MYND revenueFY2025$167.93M

FY YoY
-37.2%
5Y CAGR
+31.7%
10Y CAGR
+7.3%

MYND revenue was $167.93M for fiscal 2025 (ended Dec 31, 2025), down 37.2% from fiscal 2024. Compound annual growth was +31.7% over 5 years and +7.3% over 10 years. It rose in 6 of the last 10 fiscal years.

MYND net incomeFY2025-$54.07M

MYND net income was -$54.07M for fiscal 2025 (ended Dec 31, 2025), compared with -$95.72M in fiscal 2024.

MYND EPSFY2025-$0.12

MYND diluted EPS was -$0.12 for fiscal 2025 (ended Dec 31, 2025), compared with -$0.21 in fiscal 2024.

MYND free cash flowFY2025-$45.60M

MYND free cash flow was -$45.60M for fiscal 2025 (ended Dec 31, 2025), compared with -$497.0K in fiscal 2024.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$167.93M$267.38M$411.76M$584.68M$448.19M$42.43M$182.28M$156.50M$140.80M$108.51M
Cost of revenue$132.64M$201.14M$311.27M$443.60M$309.22M$43.45M$155.53M$130.86M$111.28M$91.62M
Gross profit$35.29M$66.24M$100.48M$141.09M$138.97M-$1.02M$26.75M$25.63M$29.53M$16.90M
Research and development$12.83M$25.25M$34.60M$41.46M$35.59M-----
Selling, general and admin$26.51M$33.43M$30.96M$34.61M$31.30M$17.43M$23.77M$26.43M$18.42M$7.42M
Operating income-$50.10M-$38.04M-$46.04M$3.43M$11.07M-$29.73M$166.0K-$3.03M$9.33M$7.55M
Interest expense$10.05M$10.37M$4.66M$1.83M$173.0K-----
Pre-tax income-$54.45M-$35.74M-$48.45M$7.12M$8.64M-$28.08M$2.02M$1.04M$10.59M$8.23M
Income tax-$384.0K$68.73M-$9.66M-$25.98M$1.79M-$1.44M$3.54M$2.46M$3.81M$2.15M
Net income-$54.07M-$95.72M-$39.43M$20.46M-$1.10M-$37.28M-$2.43M-$1.79M$7.12M$6.50M
EPS, basic-$0.12-$0.21-$0.09$0.05$0.00-$1.33-$0.09-$0.06$0.29$0.28
EPS, diluted-$0.12-$0.21-$0.09$0.05$0.00-$1.33-$0.09-$0.06$0.27$0.26
Diluted shares456.8M456.5M428.0M426.4M426.4M28.1M28.1M29.2M26.6M24.7M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$18.48M$75.32M$91.78M$29.31M$40.51M$37.82M$69.44M$104.83M$159.23M$46.63M
Receivables$24.85M$30.51M$63.74M$61.06M$1.28M$1.84M$2.80M$876.0K$901.0K$1.02M
Inventory$29.71M$28.64M$53.94M$111.23M$6.13M$5.77M$7.26M$4.81M$3.55M$3.04M
Current assets$84.11M$147.62M$227.16M$227.89M$82.25M$70.11M$91.57M$121.60M$172.81M$63.98M
Goodwill$44.96M$44.13M$46.92M$42.05M$34.26M$34.26M$52.69M$25.10M$428.0K$401.0K
Total assets$182.53M$252.62M$407.04M$368.78M$283.08M$302.49M$336.09M$243.46M$229.74M$104.41M
Current liabilities$110.22M$130.07M$186.17M$206.65M$122.36M$128.36M$125.91M$108.34M$97.02M$80.29M
Short-term debt$2.90M$10.93M$31.94M$48.03M-$7.0K$87.0K---
Long-term debt$61.08M$58.08M$64.86M-------
Total debt$63.98M$69.01M$96.80M$52.75M------
Total liabilities$200.03M$224.25M$286.44M$231.77M$203.92M$224.82M$219.38M$128.49M$124.44M$100.45M
Shareholders' equity-$17.50M$28.36M$120.59M$133.61M$115.96M$33.21M$107.50M$113.34M$105.29M$3.96M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow-$45.50M$786.0K-$2.36M-$5.27M-$21.90M-$6.53M$12.98M$828.0K$25.10M$35.05M
Capital expenditures$94.0K$1.28M$389.0K$829.0K$1.19M$3.98M$12.49M$11.48M$11.92M$11.30M
Free cash flow-$45.60M-$497.0K-$2.75M-$6.10M-$23.10M-$10.50M$490.0K-$10.65M$13.18M$23.75M
Investing cash flow-$2.60M$4.31M$19.33M-$15.78M-$1.19M-$2.58M-$34.38M-$51.73M-$8.65M-$12.12M
Financing cash flow-$8.41M-$22.63M$44.44M$11.35M$25.46M$556.0K-$13.45M-$756.0K$92.50M$1.42M
Stock-based compensation$2.88M$3.70M$0$0$2.02M$2.93M$3.96M$6.75M$3.99M-
Depreciation and amortization$8.99M$5.70M$4.97M$4.52M$6.12M-----

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY-37.2%-35.1%-29.6%30.5%956.4%-76.7%16.5%11.1%29.8%31.0%
Net income growth, YoY--------9.4%-
EPS growth, YoY--------3.8%-
Gross margin21.0%24.8%24.4%24.1%31.0%-2.4%14.7%16.4%21.0%15.6%
Operating margin-29.8%-14.2%-11.2%0.6%2.5%-70.1%0.1%-1.9%6.6%7.0%
Net margin-32.2%-35.8%-9.6%3.5%-0.2%-87.9%-1.3%-1.1%5.1%6.0%
Free cash flow margin-27.2%-0.2%-0.7%-1.0%-5.2%-24.8%0.3%-6.8%9.4%21.9%
Return on equity--337.5%-32.7%15.3%-1.0%-112.3%-2.3%-1.6%6.8%164.2%
Return on assets-29.6%-37.9%-9.7%5.5%-0.4%-12.3%-0.7%-0.7%3.1%6.2%
Current ratio0.761.131.221.100.670.550.731.121.780.80
Debt to equity-2.430.800.39------

Source: XBRL data Mynd.ai Inc. files with the SEC, latest filing dated May 29, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

MYND peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
MYND$167.93M-37.2%-$54.07M-32.2%$12.0M
PANW$11.48B+24.5%$307.00M2.7%$256.86B
FTNT$7.88B+20.2%$2.28B29.0%$87.31B
LOGI$4.95B+5.7%$810.23M16.4%$13.65B
CRSR$1.47B+1.6%$44.86M3.0%$1.28B
EVLV$171.44M+41.7%-$5.22M-3.0%$825.9M
MITK$197.90M+11.1%$22.54M11.4%$777.9M
SSYS$551.10M-3.7%-$104.28M-18.9%$565.0M
IMMR$1.73B+4.1%$10.33M0.6%$225.5M

MYND FAQ

9 questions
  • What is MYND revenue?
    Mynd.ai Inc. (MYND) reported $167.93M of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 37.2% from the year before.
  • Is MYND profitable?
    No. Mynd.ai Inc. reported a net loss of $54.07M for fiscal 2025 (ended Dec 31, 2025).
  • How much cash and debt does MYND have?
    Mynd.ai Inc. reported $18.48M in cash and cash equivalents and $63.98M of debt on its most recent balance sheet in SEC filings.
  • How fast is MYND revenue growing?
    Mynd.ai Inc.'s revenue changed -37.2% in fiscal 2025, to $167.93M. Its compound annual growth rate was +31.7% over 5 years and +7.3% over 10 years.
  • What is MYND gross margin?
    Mynd.ai Inc.'s gross profit was $35.29M on $167.93M of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 21.0%.
  • What is MYND free cash flow?
    Mynd.ai Inc. generated -$45.60M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of -$45.50M less capital expenditures.
  • What is MYND earnings per share?
    Diluted earnings per share were -$0.12 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did MYND last report financial results?
    The latest statements here come from Mynd.ai Inc.'s 20-F filed on May 29, 2026, covering the period ended Dec 31, 2025.
  • Where does this MYND financial data come from?
    Quantisnow builds these statements from the structured XBRL data Mynd.ai Inc. files with the SEC. It is provided for information only and is not investment advice.