Spectral AI (MDAI) Net Margin (2022 - 2026)
Spectral AI (MDAI) posted Net Margin of 85.49% for Q1 2026, down 284.14% on a QoQ basis from 46.43% in Q4 2025, and down 12541.0% year-over-year from N/an in Q1 2025.
Spectral AI (MDAI) Net Margin (2022 - 2026) Analysis & Trends
Spectral AI's Net Margin history runs 5 years deep, the most recent figure standing at 85.49% for Q1 2026.
- Quarterly Net Margin fell 12541.0% year-over-year to 85.49% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 76.98% (down 4602.0% YoY) and the FY2025 annual result came in at 34.23%, up 1701.0% from the prior year.
- Net Margin was 85.49% for Q1 2026 at Spectral AI, down from 46.43% in the prior quarter.
- Across five years, Net Margin topped out at 46.43% in Q4 2025 and bottomed at 308.98% in Q3 2023.
- A 5-year average of 67.37% and a median of 67.07% in 2023 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2023 — Net Margin plunged 30358 bps — and 2024, when it jumped 29058 bps.
- Spectral AI's Net Margin stood at 28.53% in 2022, then sank by 135 bps to 67.07% in 2023, then tumbled by 49 bps to 99.75% in 2024, then jumped by 147 bps to 46.43% in 2025, then slumped by 284 bps to 85.49% in 2026.
- Business Quant data shows MDAI's Net Margin at 85.49% in Q1 2026, 46.43% in Q4 2025, and 93.67% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 9.65% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 12.38% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 12.84% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 25.77% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | - |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 16.74% |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 3.87% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 8.01% |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Spectral AI | 52.08 Mn | 40.43 Mn | 2.03 Mn | -85.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -85.49% |
| Dec 31, 2025 | 46.43% |
| Sep 30, 2025 | -93.67% |
| Jun 30, 2025 | -157.31% |
| Mar 31, 2025 | 39.91% |
| Dec 31, 2024 | -99.75% |
| Sep 30, 2024 | -18.40% |
| Jun 30, 2024 | -38.30% |
| Mar 31, 2024 | -50.66% |
| Dec 31, 2023 | -67.07% |
| Sep 30, 2023 | -308.98% |
| Jun 30, 2023 | -72.22% |
| Mar 31, 2023 | -71.07% |
| Dec 31, 2022 | -28.53% |
| Sep 30, 2022 | -5.40% |