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

Spectral AI filings provide 4 years of Operating Expenses readings, the most recent being $4.1 million for Q4 2025.

  • On a quarterly basis, Operating Expenses fell 8.3% to $4.1 million in Q4 2025 year-over-year; TTM through Dec 2025 was $17.5 million, a 11.72% decrease, with the full-year FY2025 number at $17.5 million, down 11.72% from a year prior.
  • Operating Expenses hit $4.1 million in Q4 2025 for Spectral AI, 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.
  • Median Operating Expenses over the past 4 years was $4.5 million (2024), compared with a mean of $4.2 million.
  • Biggest five-year swings in Operating Expenses: surged 1822.63% in 2023 and later decreased 23.33% in 2025.
  • Spectral AI's 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 dropped by 8.3% to $4.1 million in 2025.
  • The last three reported values for Operating Expenses were $4.1 million (Q4 2025), $5.0 million (Q3 2025), and $4.4 million (Q2 2025) per Business Quant data.