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
DateValue
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%