Spectral AI (MDAI) Return on Sales [ROS] (2022 - 2026)
Spectral AI (MDAI) recorded Return on Sales [ROS] of -122.70% in Q2 2026, down 80.79 percentage points from -41.92% a year earlier and down 73.32 percentage points from the prior quarter.
Spectral AI (MDAI) Return on Sales [ROS] (2022 - 2026) Analysis & Trends
On a TTM basis, Spectral AI's Return on Sales [ROS] came in at -77.17% as of Jun 30, 2026, down 58.96 percentage points year-over-year; for FY2025, it was -43.78%, down 21.53 percentage points from FY2024.
- Annual Return on Sales [ROS] has a three-year change of -33.35 percentage points (FY2022 to FY2025).
- Across earlier years, Return on Sales [ROS] came in at -22.25% in FY2024 (+49.66 pp), -71.91% in FY2023 (-61.48 pp) and -10.43% in FY2022.
- The Q2 2026 figure is the lowest quarterly Return on Sales [ROS] in data going back to Q3 2022.
- On a year-over-year basis, Return on Sales [ROS] has declined for five consecutive quarters, with an average year-over-year change of -9.01 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Sales [ROS] in the last five years was a gain of 110.26 percentage points in Q3 2024, against a drop of 117.54 percentage points in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -49.39% (Q1 2026), -54.89% (Q4 2025) and -88.11% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROS (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 242.18 Bn | 221.33 Bn | 4.88 Bn | 17.40% |
| 2 | Abbott Laboratories | 168.71 Bn | 139.79 Bn | 7.27 Bn | 13.44% |
| 3 | Danaher | 150.46 Bn | 134.27 Bn | 3.61 Bn | 17.99% |
| 4 | Intuitive Surgical | 138.71 Bn | 118.26 Bn | 1.96 Bn | 33.60% |
| 5 | Medtronic | 110.54 Bn | 76.41 Bn | 6.34 Bn | 18.08% |
| 6 | Stryker | 105.66 Bn | 91.78 Bn | 4.50 Bn | 25.18% |
| 7 | Boston Scientific | 61.74 Bn | 56.75 Bn | 3.85 Bn | 21.65% |
| 8 | Edwards Lifesciences | 49.09 Bn | 33.21 Bn | 1.35 Bn | 29.48% |
| 9 | Becton Dickinson | 48.16 Bn | 45.31 Bn | 2.32 Bn | 13.31% |
| 10 | Spectral AI | 53.43 Mn | 1.83 Mn | 1.11 Mn | -122.70% |
Historic 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% |
Spectral AI Return on Sales [ROS] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-sales-%5Bros%5D&ticker=MDAI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-sales-[ros]", "ticker": "MDAI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-sales-%5Bros%5D&ticker=MDAI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();