Spectral AI (MDAI) Gross Margin (2022 - 2026)
Spectral AI's (MDAI) quarterly Gross Margin came in at 50.79% in Q1 2026, up 356.0% YoY from 11.14% in Q1 2025, and up 12.42% on a QoQ basis from 45.18% in Q4 2025.
Spectral AI (MDAI) Gross Margin (2022 - 2026) Analysis & Trends
Spectral AI (MDAI) has 5 years of Gross Margin data on file, last reported at 50.79% in Q1 2026.
- Quarterly Gross Margin rose 356.0% year-over-year to 50.79% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 45.97% (up 92.0% YoY) and the FY2025 annual result came in at 45.42%, up 55.0% from the prior year.
- Gross Margin climbed to 50.79% in Q1 2026, from 45.18% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 50.79% in Q1 2026 to a low of 41.14% in Q4 2022.
- A 5-year average of 44.79% and a median of 44.87% in 2024 frame the typical range for Gross Margin.
- The widest YoY moves for Gross Margin: up 493 bps in 2023, down 306 bps in 2023.
- Tracing MDAI's Gross Margin over 5 years: stood at 41.14% in 2022, then advanced by 12 bps to 46.08% in 2023, then retreated by 4 bps to 44.03% in 2024, then grew by 3 bps to 45.18% in 2025, then increased 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 198.70 Bn | 193.10 Bn | 7.27 Bn | 57.71% |
| 2 | Stryker | 125.85 Bn | 122.37 Bn | 4.50 Bn | 68.27% |
| 3 | Medtronic | 118.44 Bn | 109.22 Bn | 6.41 Bn | 65.35% |
| 4 | Boston Scientific | 72.64 Bn | 72.10 Bn | 3.85 Bn | 70.71% |
| 5 | Edwards Lifesciences | 51.94 Bn | 47.69 Bn | 1.35 Bn | 77.46% |
| 6 | Dexcom | 34.48 Bn | 32.53 Bn | 830.00 Mn | 63.44% |
| 7 | GE HealthCare Technologies | 33.60 Bn | 31.49 Bn | 2.18 Bn | 41.17% |
| 8 | Koninklijke Philips | 26.30 Bn | 22.98 Bn | 4.55 Bn | 47.38% |
| 9 | Steris | 23.00 Bn | 22.52 Bn | 684.20 Mn | 45.84% |
| 10 | Spectral AI | 50.53 Mn | 36.53 Mn | 1.11 Mn | 31.58% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 31.58% |
| 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% |