Growth Metrics

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

Spectral AI (MDAI) has disclosed Operating Expenses for 4 consecutive years, with $5.0 million as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Operating Expenses rose 8.98% year-over-year to $5.0 million, compared with a TTM value of $17.9 million through Sep 2025, down 13.79%, and an annual FY2024 reading of $19.9 million, down 4.83% over the prior year.
  • Operating Expenses was $5.0 million for Q3 2025 at Spectral AI, up from $4.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $5.8 million in Q2 2024 and bottomed at $248722.0 in Q2 2022.
  • Average Operating Expenses over 4 years is $4.2 million, with a median of $4.6 million recorded in 2024.
  • The sharpest move saw Operating Expenses skyrocketed 1822.63% in 2023, then dropped 23.33% in 2025.
  • Year by year, Operating Expenses 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 increased by 11.28% to $5.0 million in 2025.
  • Business Quant data shows Operating Expenses for MDAI at $5.0 million in Q3 2025, $4.4 million in Q2 2025, and $4.1 million in Q1 2025.