Company / Operating Income
Mind Medicine (MindMed) Inc. Operating Income History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
-$166.3M
FY2025
5-year range
-$166.3M / -$66.3M
FY2021-FY2025
Trend
-60.0%
vs FY2024
Sector context
#124 of 204
Health Care
What the data says
At -$166M, Mind Medicine (MindMed) Inc.'s operating income ranks #124 of 204 in the Health Care sector. Operating Income has declined for 3 consecutive years, from -$66M in FY2022 to -$166M in FY2025.
Based on SEC 10-K filings.
-$166M in FY2025.
Declined from -$94M to -$166M over the past 2 years.
Health Care sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
#124 of 204 in Health CareTop 61% of 204This company -$166.3M Sector average $107.7M
▼
-254.4% below sector average
Key checks
Key Insights
- Mind Medicine (MindMed) Inc.'s operating income has declined for 3 consecutive years.
- In FY2025, operating income decreased 60.0% year-over-year.
- Ranks #124 out of 204 companies in the Health Care sector.
- Peak operating income was recorded in FY2019.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score 0.70 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$166.3M | -60.0% |
| FY2024 | -$103.9M | -10.7% |
| FY2023 | -$93.9M | -41.5% |
| FY2022 | -$66.3M | +29.3% |
| FY2021 | -$93.9M | -184.1% |
| FY2020 | -$33.0M | -207.9% |
| FY2019 | -$10.7M | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026