Growth Metrics

Spectral AI (MDAI) Accumulated Expenses (2020 - 2026)

Spectral AI posted quarterly Accumulated Expenses of $2.6 million for Q1 2026, down 28.64% year-on-year from $3.7 million in Q1 2025, and up 50.34% on a QoQ basis from $1.8 million in Q4 2025.

Spectral AI (MDAI) has 7 years of Accumulated Expenses data on file, last reported at $2.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Accumulated Expenses fell 28.64% year-over-year to $2.6 million; the trailing twelve-month figure through Mar 2026 stood at $2.6 million (down 28.64% YoY), and the FY2025 full-year result was $1.8 million, up 329.76% from the prior year.
  • Accumulated Expenses for Q1 2026 stood at $2.6 million, up from $1.8 million in the prior quarter.
  • Across five years, Accumulated Expenses topped out at $5.0 million in Q2 2023 and bottomed at $12000.0 in Q1 2022.
  • The 5-year median for Accumulated Expenses is $2.6 million (2022), against an average of $2.4 million.
  • The widest annual swing landed in 2022, when Accumulated Expenses tumbled 92.71%; it then surged 30622.82% in 2023.
  • A 5-year view of Accumulated Expenses shows it stood at $2.6 million in 2022, then dropped by 27.4% to $1.9 million in 2023, then sank by 78.53% to $410000.0 in 2024, then surged by 329.76% to $1.8 million in 2025, then soared by 50.34% to $2.6 million in 2026.
  • The last three Accumulated Expenses figures came in at $2.6 million (Q1 2026), $1.8 million (Q4 2025), and $1.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn
10 Spectral AI 64.47 Mn 52.81 Mn 2.03 Mn

Historic Data

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DateValue
Mar 31, 2026 2.65 Mn
Dec 31, 2025 1.76 Mn
Sep 30, 2025 1.76 Mn
Jun 30, 2025 2.55 Mn
Mar 31, 2025 3.71 Mn
Dec 31, 2024 410,000.00
Sep 30, 2024 3.25 Mn
Jun 30, 2024 552,000.00
Mar 31, 2024 563,000.00
Dec 31, 2023 1.91 Mn
Sep 30, 2023 3.98 Mn
Jun 30, 2023 5.00 Mn
Mar 31, 2023 3.69 Mn
Dec 31, 2022 2.63 Mn
Sep 30, 2022 3.08 Mn
Jun 30, 2022 2.98 Mn
Mar 31, 2022 12,000.00
Dec 31, 2021 2.91 Mn
Sep 30, 2021 12,000.00
Jun 30, 2021 12,000.00
Mar 31, 2021 164,558.00
Dec 31, 2020 675.00