Spectral AI (MDAI) Market Capitalization (2021 - 2026)
Spectral AI (MDAI) recorded Market Capitalization of $55.68 million in Q2 2026, down 12.8% from $63.83 million a year earlier but up 19.0% from the prior quarter.
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Analysis
Spectral AI (MDAI) Market Capitalization (2021 - 2026) Analysis & Trends
For FY2025, Spectral AI reported Market Capitalization of $43.58 million, down 14.1% from FY2024.
- Annual Market Capitalization has a four-year compound annual growth rate of -37.0% (FY2021 to FY2025).
- Across earlier years, Market Capitalization came in at $50.75 million in FY2024 (+26.6%), $40.09 million in FY2023 (-87.4%), $317.34 million in FY2022 (+14.8%) and $276.54 million in FY2021.
- Quarterly Market Capitalization has ranged from $19.62 million in Q3 2024 to $509.55 million in Q3 2021 over the past five years.
- On a year-over-year basis, Market Capitalization rose in four of the last eight quarters, with growth averaging 38.6%.
- Peak year-over-year performance for Market Capitalization in the last five years was growth of 216.6% in Q3 2025, against a decline of 87.4% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $46.78 million (Q1 2026), $43.58 million (Q4 2025) and $62.13 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn |
| 10 | Spectral AI | 53.43 Mn | 1.83 Mn | 1.11 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 55.68 Mn |
| Mar 31, 2026 | 46.78 Mn |
| Dec 31, 2025 | 43.58 Mn |
| Sep 30, 2025 | 62.13 Mn |
| Jun 30, 2025 | 63.83 Mn |
| Mar 31, 2025 | 29.43 Mn |
| Dec 31, 2024 | 50.75 Mn |
| Sep 30, 2024 | 19.62 Mn |
| Jun 30, 2024 | 30.99 Mn |
| Mar 31, 2024 | 37.24 Mn |
| Dec 31, 2023 | 40.09 Mn |
| Sep 30, 2023 | 40.32 Mn |
| Jun 30, 2023 | 67.05 Mn |
| Mar 31, 2023 | 63.00 Mn |
| Dec 31, 2022 | 317.34 Mn |
| Sep 30, 2022 | 311.51 Mn |
| Jun 30, 2022 | 310.24 Mn |
| Mar 31, 2022 | 308.98 Mn |
| Dec 31, 2021 | 276.54 Mn |
| Sep 30, 2021 | 509.55 Mn |
API Access
Spectral AI Market Capitalization 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=market-capitalization&ticker=MDAI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=MDAI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();