Spectral AI (MDAI) Net Income (2021 - 2026)

Spectral AI (MDAI) posted Net Income of -$3.4 million for Q1 2026, down 279.86% on a QoQ basis from $1.9 million in Q4 2025, and down 217.78% year-over-year from $2.9 million in Q1 2025.

Spectral AI (MDAI) Net Income (2021 - 2026) Analysis & Trends

Spectral AI's Net Income history runs 6 years deep, the most recent figure standing at -$3.4 million for Q1 2026.

  • Quarterly Net Income fell 217.78% year-over-year to -$3.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$13.0 million (down 43.94% YoY) and the FY2025 annual result came in at -$6.7 million, up 55.63% from the prior year.
  • Net Income was -$3.4 million for Q1 2026 at Spectral AI, down from $1.9 million in the prior quarter.
  • Across five years, Net Income topped out at $14.6 million in Q1 2022 and bottomed at -$10.6 million in Q3 2023.
  • A 5-year average of -$1.9 million and a median of -$3.1 million in 2023 frame the typical range for Net Income.
  • Annual changes were most pronounced in 2023 — Net Income sank 2697.11% — and 2025, when it soared 190.39%.
  • Spectral AI's Net Income stood at -$1.7 million in 2022, then tumbled by 103.91% to -$3.5 million in 2023, then tumbled by 113.9% to -$7.6 million in 2024, then surged by 125.01% to $1.9 million in 2025, then sank by 279.86% to -$3.4 million in 2026.
  • Business Quant data shows MDAI's Net Income at -$3.4 million in Q1 2026, $1.9 million in Q4 2025, and -$3.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 1.08 Bn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 745.00 Mn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 1.26 Bn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 1.34 Bn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn -
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 199.50 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn 170.93 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 411.00 Mn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 Spectral AI 52.08 Mn 40.43 Mn 2.03 Mn -3.41 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -3.41 Mn
Dec 31, 2025 1.90 Mn
Sep 30, 2025 -3.55 Mn
Jun 30, 2025 -7.97 Mn
Mar 31, 2025 2.90 Mn
Dec 31, 2024 -7.59 Mn
Sep 30, 2024 -1.50 Mn
Jun 30, 2024 -2.86 Mn
Mar 31, 2024 -3.21 Mn
Dec 31, 2023 -3.55 Mn
Sep 30, 2023 -10.63 Mn
Jun 30, 2023 -3.07 Mn
Mar 31, 2023 -3.61 Mn
Dec 31, 2022 -1.74 Mn
Sep 30, 2022 -380,000.00
Jun 30, 2022 1.46 Mn
Mar 31, 2022 14.57 Mn
Dec 31, 2021 -8.88 Mn
Sep 30, 2021 5.65 Mn
Jun 30, 2021 -2.90 Mn