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Spectral AI (MDAI) Operating Expenses (2022 - 2025)

Spectral AI's Operating Expenses history spans 4 years, with the latest figure at $4.1 million for Q4 2025.

  • For Q4 2025, Operating Expenses fell 8.3% year-over-year to $4.1 million; the TTM value through Dec 2025 reached $17.5 million, down 11.72%, while the annual FY2025 figure was $17.5 million, 11.72% down from the prior year.
  • Operating Expenses reached $4.1 million in Q4 2025 per MDAI's latest filing, down from $5.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $5.8 million in Q2 2024 to a low of $248722.0 in Q2 2022.
  • Average Operating Expenses over 4 years is $4.2 million, with a median of $4.5 million recorded in 2024.
  • Peak YoY movement for Operating Expenses: skyrocketed 1822.63% in 2023, then dropped 23.33% in 2025.
  • A 4-year view of Operating Expenses shows it stood at $4.3 million in 2022, then grew by 25.44% to $5.4 million in 2023, then decreased by 16.89% to $4.5 million in 2024, then dropped by 8.3% to $4.1 million in 2025.
  • Per Business Quant, the three most recent readings for MDAI's Operating Expenses are $4.1 million (Q4 2025), $5.0 million (Q3 2025), and $4.4 million (Q2 2025).