Growth Metrics

Spectral AI (MDAI) EBIAT (2021 - 2026)

Spectral AI posted quarterly EBIAT of -$3.4 million for Q1 2026, down 217.78% year-on-year from $2.9 million in Q1 2025, and down 424.33% on a QoQ basis from $1.1 million in Q4 2025.

Spectral AI (MDAI) has 6 years of EBIAT data on file, last reported at -$3.4 million in Q1 2026.

  • For the quarter ending Q1 2026, EBIAT fell 217.78% year-over-year to -$3.4 million; the trailing twelve-month figure through Mar 2026 stood at -$13.9 million (down 53.27% YoY), and the FY2025 full-year result was -$7.6 million, up 50.05% from the prior year.
  • EBIAT for Q1 2026 stood at -$3.4 million, down from $1.1 million in the prior quarter.
  • Across five years, EBIAT topped out at $2.9 million in Q1 2025 and bottomed at -$10.6 million in Q3 2023.
  • The 5-year median for EBIAT is -$3.1 million (2023), against an average of -$2.9 million.
  • The widest annual swing landed in 2023, when EBIAT plunged 2697.11%; it then soared 190.39% in 2025.
  • A 5-year view of EBIAT shows it stood at -$1.7 million in 2022, then plunged by 103.91% to -$3.5 million in 2023, then plunged by 113.9% to -$7.6 million in 2024, then jumped by 113.87% to $1.1 million in 2025, then sank by 424.33% to -$3.4 million in 2026.
  • The last three EBIAT figures came in at -$3.4 million (Q1 2026), $1.1 million (Q4 2025), and -$3.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIAT (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn 1.08 Bn
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn 745.00 Mn
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn 1.14 Bn
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn 1.34 Bn
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn 380.70 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 170.93 Mn
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn 199.50 Mn
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn 411.00 Mn
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn 220.30 Mn
10 Spectral AI 64.47 Mn 52.81 Mn 2.03 Mn -3.41 Mn

Historic Data

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DateValue
Mar 31, 2026 -3.41 Mn
Dec 31, 2025 1.05 Mn
Sep 30, 2025 -3.55 Mn
Jun 30, 2025 -7.97 Mn
Mar 31, 2025 2.90 Mn
Dec 31, 2024 -7.59 Mn
Sep 30, 2024 -1.50 Mn
Jun 30, 2024 -2.86 Mn
Mar 31, 2024 -3.21 Mn
Dec 31, 2023 -3.55 Mn
Sep 30, 2023 -10.63 Mn
Jun 30, 2023 -3.07 Mn
Mar 31, 2023 -3.61 Mn
Dec 31, 2022 -1.74 Mn
Sep 30, 2022 -380,000.00
Jun 30, 2022 -265,000.00
Mar 31, 2022 -528,000.00
Dec 31, 2021 -4.69 Mn
Sep 30, 2021 2.23 Mn
Jun 30, 2021 -2.90 Mn
Mar 31, 2021 3.22 Mn