Spectral AI (MDAI) Gross Margin (2022 - 2026)
Spectral AI posted quarterly Gross Margin of 50.79% for Q1 2026, up 356.0% year-on-year from 11.14% in Q1 2025, and up 12.42% on a QoQ basis from 45.18% in Q4 2025.
Spectral AI (MDAI) has 5 years of Gross Margin data on file, last reported at 50.79% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 356.0% year-over-year to 50.79%; the trailing twelve-month figure through Mar 2026 stood at 45.97% (up 92.0% YoY), and the FY2025 full-year result was 45.42%, up 55.0% from the prior year.
- Gross Margin for Q1 2026 stood at 50.79%, up from 45.18% in the prior quarter.
- Across five years, Gross Margin topped out at 50.79% in Q1 2026 and bottomed at 41.14% in Q4 2022.
- The 5-year median for Gross Margin is 44.87% (2024), against an average of 44.79%.
- Peak annual rise in Gross Margin reached 493 bps in 2023, while the deepest fall reached 306 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 41.14% in 2022, then climbed by 12 bps to 46.08% in 2023, then decreased by 4 bps to 44.03% in 2024, then increased by 3 bps to 45.18% in 2025, then rose by 12 bps to 50.79% in 2026.
- The last three Gross Margin figures came in at 50.79% (Q1 2026), 45.18% (Q4 2025), and 42.75% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 63.83% |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 78.01% |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 45.22% |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 62.95% |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 38.53% |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 43.89% |
| 10 | Spectral AI | 64.47 Mn | 52.81 Mn | 2.03 Mn | 50.79% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 50.79% |
| Dec 31, 2025 | 45.18% |
| Sep 30, 2025 | 42.75% |
| Jun 30, 2025 | 45.21% |
| Mar 31, 2025 | 47.23% |
| Dec 31, 2024 | 44.03% |
| Sep 30, 2024 | 44.87% |
| Jun 30, 2024 | 44.32% |
| Mar 31, 2024 | 46.55% |
| Dec 31, 2023 | 46.08% |
| Sep 30, 2023 | 42.79% |
| Jun 30, 2023 | 42.13% |
| Mar 31, 2023 | 42.95% |
| Dec 31, 2022 | 41.14% |
| Sep 30, 2022 | 45.85% |