Growth Metrics

Spectral AI (MDAI) Gross Margin (2022 - 2025)

Spectral AI's Gross Margin history spans 4 years, with the latest figure at 45.18% for Q4 2025.

  • For Q4 2025, Gross Margin rose 115.0% year-over-year to 45.18%; the TTM value through Dec 2025 reached 45.42%, up 55.0%, while the annual FY2025 figure was 45.42%, 55.0% up from the prior year.
  • Gross Margin reached 45.18% in Q4 2025 per MDAI's latest filing, up from 42.75% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 47.23% in Q1 2025 to a low of 41.14% in Q4 2022.
  • Average Gross Margin over 4 years is 44.36%, with a median of 44.59% recorded in 2024.
  • The largest YoY upside for Gross Margin was 493bps in 2023 against a maximum downside of -306bps in 2023.
  • A 4-year view of Gross Margin shows it stood at 41.14% in 2022, then grew by 12bps to 46.08% in 2023, then fell by -4bps to 44.03% in 2024, then rose by 3bps to 45.18% in 2025.
  • Per Business Quant, the three most recent readings for MDAI's Gross Margin are 45.18% (Q4 2025), 42.75% (Q3 2025), and 45.21% (Q2 2025).