Growth Metrics

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

Spectral AI posted quarterly Operating Income of -$2.0 million for Q1 2026, down 119.98% year-on-year from $9.9 million in Q1 2025, and up 12.13% on a QoQ basis from -$2.2 million in Q4 2025.

Spectral AI (MDAI) has 6 years of Operating Income data on file, last reported at -$2.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Income fell 119.98% year-over-year to -$2.0 million; the trailing twelve-month figure through Mar 2026 stood at -$9.7 million (down 81.41% YoY), and the FY2025 full-year result was -$8.6 million, down 30.7% from the prior year.
  • Operating Income for Q1 2026 stood at -$2.0 million, up from -$2.2 million in the prior quarter.
  • Across five years, Operating Income topped out at -$248722.0 in Q2 2022 and bottomed at -$4.2 million in Q3 2023.
  • The 5-year median for Operating Income is -$2.1 million (2025), against an average of -$1.9 million.
  • The widest annual swing landed in 2022, when Operating Income soared 78.96%; it then plunged 1559.76% in 2023.
  • A 5-year view of Operating Income shows it stood at -$1.8 million in 2022, then tumbled by 65.57% to -$2.9 million in 2023, then jumped by 62.07% to -$1.1 million in 2024, then plunged by 101.89% to -$2.2 million in 2025, then grew by 12.13% to -$2.0 million in 2026.
  • The last three Operating Income figures came in at -$2.0 million (Q1 2026), -$2.2 million (Q4 2025), and -$3.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn 1.35 Bn
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn 936.00 Mn
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn 1.46 Bn
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn 1.10 Bn
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn 477.60 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 282.15 Mn
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn 255.30 Mn
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn 515.00 Mn
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn 316.80 Mn
10 Spectral AI 64.47 Mn 52.81 Mn 2.03 Mn -1.97 Mn

Historic Data

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DateValue
Mar 31, 2026 -1.97 Mn
Dec 31, 2025 -2.24 Mn
Sep 30, 2025 -3.34 Mn
Jun 30, 2025 -2.12 Mn
Mar 31, 2025 -896,000.00
Dec 31, 2024 -1.11 Mn
Sep 30, 2024 -886,000.00
Jun 30, 2024 -2.44 Mn
Mar 31, 2024 -2.14 Mn
Dec 31, 2023 -2.93 Mn
Sep 30, 2023 -4.17 Mn
Jun 30, 2023 -2.99 Mn
Mar 31, 2023 -2.90 Mn
Dec 31, 2022 -1.77 Mn
Sep 30, 2022 -251,000.00
Jun 30, 2022 -248,722.00
Mar 31, 2022 -465,124.00
Dec 31, 2021 -1.78 Mn
Sep 30, 2021 -1.19 Mn
Jun 30, 2021 -287,037.00
Mar 31, 2021 -157,816.00