Spectral AI (MDAI) Operating Margin (2022 - 2026)
Spectral AI's (MDAI) quarterly Operating Margin came in at 49.39% in Q1 2026, down 3603.0% YoY from 1.41% in Q1 2025, and up 10.03% on a QoQ basis from 54.89% in Q4 2025.
Spectral AI (MDAI) Operating Margin (2022 - 2026) Analysis & Trends
Spectral AI (MDAI) has 5 years of Operating Margin data on file, last reported at 49.39% in Q1 2026.
- Quarterly Operating Margin fell 3603.0% year-over-year to 49.39% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 57.15% (down 3935.0% YoY) and the FY2025 annual result came in at 43.78%, down 2153.0% from the prior year.
- Operating Margin advanced to 49.39% in Q1 2026, from 54.89% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 3.57% in Q3 2022 to a low of 121.1% in Q3 2023.
- A 5-year average of 45.08% and a median of 41.92% in 2025 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2023 — Operating Margin tumbled 11754 bps — and 2024, when it jumped 11026 bps.
- Tracing MDAI's Operating Margin over 5 years: stood at 29.02% in 2022, then sank by 91 bps to 55.4% in 2023, then surged by 74 bps to 14.61% in 2024, then plunged by 276 bps to 54.89% in 2025, then advanced by 10 bps to 49.39% in 2026.
- The last three Operating Margin figures came in at 49.39% (Q1 2026), 54.89% (Q4 2025), and 88.11% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.12 Bn | 193.52 Bn | 7.27 Bn | 13.44% |
| 2 | Stryker | 128.79 Bn | 125.32 Bn | 4.50 Bn | 25.18% |
| 3 | Medtronic | 119.30 Bn | 110.08 Bn | 6.41 Bn | 19.10% |
| 4 | Boston Scientific | 73.50 Bn | 72.96 Bn | 3.85 Bn | 21.65% |
| 5 | Edwards Lifesciences | 52.11 Bn | 47.86 Bn | 1.35 Bn | 29.48% |
| 6 | Dexcom | 34.62 Bn | 32.67 Bn | 830.00 Mn | 24.33% |
| 7 | GE HealthCare Technologies | 34.05 Bn | 31.94 Bn | 2.18 Bn | 13.96% |
| 8 | Koninklijke Philips | 26.42 Bn | 23.10 Bn | 4.55 Bn | 10.30% |
| 9 | Steris | 23.15 Bn | 22.67 Bn | 684.20 Mn | 19.15% |
| 10 | Spectral AI | 50.37 Mn | 36.37 Mn | 1.11 Mn | -122.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -122.70% |
| Mar 31, 2026 | -49.39% |
| Dec 31, 2025 | -54.89% |
| Sep 30, 2025 | -88.11% |
| Jun 30, 2025 | -41.92% |
| Mar 31, 2025 | -13.36% |
| Dec 31, 2024 | -14.61% |
| Sep 30, 2024 | -10.84% |
| Jun 30, 2024 | -32.66% |
| Mar 31, 2024 | -33.88% |
| Dec 31, 2023 | -55.40% |
| Sep 30, 2023 | -121.10% |
| Jun 30, 2023 | -70.36% |
| Mar 31, 2023 | -57.07% |
| Dec 31, 2022 | -29.02% |
| Sep 30, 2022 | -3.57% |