Spectral AI (MDAI) EBT (2021 - 2026)
Spectral AI (MDAI) posted EBT of -$3.4 million for Q1 2026, down 278.69% on a QoQ basis from $1.9 million in Q4 2025, and down 215.3% year-over-year from $3.0 million in Q1 2025.
Spectral AI (MDAI) EBT (2021 - 2026) Analysis & Trends
Spectral AI's EBT history runs 6 years deep, the most recent figure standing at -$3.4 million for Q1 2026.
- Quarterly EBT fell 215.3% year-over-year to -$3.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$13.0 million (down 46.68% YoY) and the FY2025 annual result came in at -$6.7 million, up 55.77% from the prior year.
- EBT was -$3.4 million for Q1 2026 at Spectral AI, down from $1.9 million in the prior quarter.
- Across five years, EBT topped out at $7.1 million in Q1 2022 and bottomed at -$10.7 million in Q3 2023.
- A 5-year average of -$2.3 million and a median of -$3.0 million in 2023 frame the typical range for EBT.
- Annual changes were most pronounced in 2023 — EBT sank 3521.36% — and 2025, when it surged 193.25%.
- Spectral AI's EBT stood at -$1.7 million in 2022, then sank by 106.9% to -$3.6 million in 2023, then slumped by 113.04% to -$7.6 million in 2024, then jumped by 125.2% to $1.9 million in 2025, then slumped by 278.69% to -$3.4 million in 2026.
- Business Quant data shows MDAI's EBT at -$3.4 million in Q1 2026, $1.9 million in Q4 2025, and -$3.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 1.45 Bn |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 850.00 Mn |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 1.83 Bn |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 1.16 Bn |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 459.00 Mn |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 269.50 Mn |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 222.44 Mn |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 505.00 Mn |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Spectral AI | 52.08 Mn | 40.43 Mn | 2.03 Mn | -3.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.42 Mn |
| Dec 31, 2025 | 1.92 Mn |
| Sep 30, 2025 | -3.55 Mn |
| Jun 30, 2025 | -7.99 Mn |
| Mar 31, 2025 | 2.97 Mn |
| Dec 31, 2024 | -7.60 Mn |
| Sep 30, 2024 | -1.47 Mn |
| Jun 30, 2024 | -2.80 Mn |
| Mar 31, 2024 | -3.18 Mn |
| Dec 31, 2023 | -3.57 Mn |
| Sep 30, 2023 | -10.68 Mn |
| Jun 30, 2023 | -3.03 Mn |
| Mar 31, 2023 | -3.56 Mn |
| Dec 31, 2022 | -1.72 Mn |
| Sep 30, 2022 | -295,000.00 |
| Jun 30, 2022 | 1.49 Mn |
| Mar 31, 2022 | 7.05 Mn |
| Dec 31, 2021 | -4.69 Mn |
| Sep 30, 2021 | 2.23 Mn |
| Jun 30, 2021 | -2.90 Mn |