Ideanomics Gross Profit

Ideanomics (IDEX) currently reports a gross profit of $-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. Use the charts on this page to explore Ideanomics's gross profit history and peer comparisons.

Ideanomics's gross profit decreased from $-820K to $-2M — a 150.4% year-over-year decrease (period ending December 2023). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Ideanomics's gross profit of $-2M is lower than the Technology sector average of $260B. That is roughly 100.0% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

Ideanomics reported $-2M in gross profit as of December 2023. That compares with $-820K in the prior-year period — down 150.4% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.

Start with the current gross profit of $-2M, then check the historical chart for trend and the peer comparison chart for relative positioning. The Technology average is $260B. From there, open related valuation or income-statement pages for Ideanomics, and consider following IDEX for alerts when major investors trade the stock.