BackIdeanomics Overview

Ideanomics Gross Profit

Ideanomics's gross profit is $-2M, below the Technology sector average of $260B.

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Quarterly Gross Profit

$-1779000.00
6.85% YoY

As of Dec 31, 2023

Annual Gross Profit (TTM)

$-2041000.00
150.43% YoY

Trailing 12 months ending Dec 31, 2023

Average Gross Profit (Comparison Companies)

Gross Profit History

Gross Profit Comparison

Annual Gross Profit Growth Rate (%)

Annual Gross Profit Growth (Absolute)

Ideanomics (IDEX) FAQ

The latest gross profit for IDEX is $-2M as of December 2023. That compares with $-820K in the prior-year period — down 150.4% year over year. That is below the Technology sector average of $260B. Investors often review this figure alongside Ideanomics's historical trend and sector peers before judging valuation or financial health.

Over the past year, IDEX's gross profit moved from $-820K to $-2M — a 150.4% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Ideanomics's operating scale or balance-sheet position.

Against Technology companies, IDEX currently prints $-2M for gross profit, while the sector average sits near $260B. That is roughly 100.0% below the sector mean. Large gaps often invite a closer look at Ideanomics's growth, margins, and balance sheet.

A gross profit figure of $-2M for IDEX is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. The Technology average is about $260B. Explore the charts below for those layers of context.

After noting IDEX's gross profit ($-2M), review year-over-year change from $-820K, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.