Spectral AI (MDAI) Operating Expenses (2021 - 2026)

Spectral AI has reported Operating Expenses for 6 years, with the latest figure at $4.0 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses fell 1.62% year-over-year to $4.0 million; the trailing twelve-month figure through Mar 2026 stood at $17.5 million (down 7.27% YoY), and the FY2025 full-year result was $17.5 million, down 11.72% from the prior year.
• Operating Expenses for Q1 2026 stood at $4.0 million, down from $4.1 million in the prior quarter.
• The five-year high for Operating Expenses was $5.8 million in Q2 2024, with the low at $248722.0 in Q2 2022.
• Historically, Operating Expenses has averaged $4.2 million across 5 years, with a median of $4.5 million in 2024.
• Annual changes were most pronounced in 2023 — Operating Expenses soared 1822.63% — and 2025, when it fell 23.33%.
• Spectral AI's Operating Expenses stood at $4.3 million in 2022, then advanced by 25.44% to $5.4 million in 2023, then slipped by 16.89% to $4.5 million in 2024, then declined by 8.3% to $4.1 million in 2025, then declined by 2.23% to $4.0 million in 2026.
• The last three Operating Expenses figures came in at $4.0 million (Q1 2026), $4.1 million (Q4 2025), and $5.0 million (Q3 2025), per Business Quant data.