Ideanomics Profit Margin

Ideanomics (IDEX) currently reports a profit margin of -9.42% as of December 2023. That compares with -2.65% in the prior-year period — down 255.9% year over year. That is below the Technology sector average of 36.35%. Use the charts on this page to explore Ideanomics's profit margin history and peer comparisons.

Ideanomics's profit margin decreased from -2.65% to -9.42% — a 255.9% 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 profit margin of -9.42% is lower than the Technology sector average of 36.35%. That is roughly 2691.0% 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.

There is no universal 'good' profit margin, but Ideanomics's current -9.42% should be judged against Technology norms (sector average: 36.35%) and against IDEX's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.

Start with the current profit margin of -9.42%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Technology average is 36.35%. From there, open related valuation or income-statement pages for Ideanomics, and consider following IDEX for alerts when major investors trade the stock.