Spectral AI (MDAI) FCF Margin (2022 - 2026)
Spectral AI (MDAI) reported FCF Margin of -116.26% for Q2 2026, down 49.88 percentage points from -66.38% a year earlier and down 22.85 percentage points from the prior quarter.
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Analysis
Spectral AI (MDAI) FCF Margin (2022 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Spectral AI's FCF Margin came in at -83.66%, down 61.79 percentage points year-over-year; for FY2025, it was -50.48%, down 19.39 percentage points from FY2024.
- FCF Margin has a three-year change of -45.90 percentage points (FY2022 to FY2025).
- By year, FCF Margin came in at -31.10% in FY2024 (+42.23 pp), -73.33% in FY2023 (-68.75 pp) and -4.58% in FY2022.
- The Q2 2026 figure ranks as the lowest quarterly FCF Margin since Q3 2023.
- Year over year, FCF Margin has now declined in each of the last four quarters, with an average year-over-year change of -2.99 percentage points over the last eight quarters.
- The high point for year-over-year FCF Margin in five years was Q3 2024 (a gain of 135.28 percentage points); the low point was Q3 2023 (a drop of 150.64 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -93.41% (Q1 2026), -62.46% (Q4 2025) and -65.95% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 13.97% |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 15.81% |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 20.19% |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 32.79% |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 13.22% |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 16.07% |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 23.50% |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 33.60% |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 12.70% |
| 10 | Spectral AI | 50.85 Mn | -747,812.38 | 1.11 Mn | -116.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -116.26% |
| Mar 31, 2026 | -93.41% |
| Dec 31, 2025 | -62.46% |
| Sep 30, 2025 | -65.95% |
| Jun 30, 2025 | -66.38% |
| Mar 31, 2025 | -22.44% |
| Dec 31, 2024 | 6.17% |
| Sep 30, 2024 | -19.89% |
| Jun 30, 2024 | -71.70% |
| Mar 31, 2024 | -42.36% |
| Dec 31, 2023 | -44.92% |
| Sep 30, 2023 | -155.17% |
| Jun 30, 2023 | -41.68% |
| Mar 31, 2023 | -73.95% |
| Dec 31, 2022 | -4.90% |
| Sep 30, 2022 | -4.54% |
API Access
Spectral AI FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=MDAI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "MDAI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=MDAI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();