Ideanomics (IDEX) has a profit margin of -941.88%, below the Technology sector average of 71.24%.
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+ FollowAs of Dec 2023
Trailing 12 months ending Dec 2023
The latest profit margin for IDEX is -941.88% as of December 2023. That compares with -264.62% in the prior-year period — down 255.9% year over year. That is below the Technology sector average of 71.24%. 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 profit margin moved from -264.62% to -941.88% — a 255.9% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Ideanomics's valuation or profitability profile.
Against Technology companies, IDEX currently prints -941.88% for profit margin, while the sector average sits near 71.24%. That is roughly 1422.2% below the sector mean. Large gaps often invite a closer look at Ideanomics's growth, margins, and balance sheet.
Profit Margin shows how effectively Ideanomics converts resources into returns. At -941.88%, IDEX may look efficient or underperforming depending on peer benchmarks and trend direction. That compares with -264.62% in the prior-year period — down 255.9% year over year. Pair the percentage with revenue growth and leverage for a fuller health check.
After noting IDEX's profit margin (-941.88%), review year-over-year change from -264.62%, 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.