Spectral AI MDAI
NASDAQ MDAI
$1.59 -0.02 (-1.25%)
As of: Sep 9, 2026 · 12:00 PM EDT

Spectral AI (MDAI) Revenue (2022 - 2026)

Spectral AI's (MDAI) quarterly Revenue came in at $3.5 million in Q2 2026, down 30.42% on a YoY basis from $5.1 million in Q2 2025, and down 11.7% quarter-over-quarter from $4.0 million in Q1 2026.

Analysis

Spectral AI (MDAI) Revenue (2022 - 2026) Analysis & Trends

Spectral AI (MDAI) has reported Revenue for 5 consecutive years, with $3.5 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Revenue fell 30.42% year-over-year to $3.5 million; the trailing twelve-month figure through Jun 2026 stood at $15.4 million (down 44.13% YoY), and the FY2025 full-year result was $19.6 million, down 33.57% from the prior year.
  • Revenue slipped to $3.5 million in Q2 2026 per MDAI's latest filing, from $4.0 million in the prior quarter.
  • Across five years, Revenue topped out at $8.2 million in Q3 2024 and bottomed at $3.4 million in Q3 2023.
  • Historically, Revenue has averaged $5.5 million across 5 years, with a median of $5.2 million in 2023.
  • The sharpest annual moves came in 2024 and 2025: Revenue soared 137.59% in 2024, then plunged 53.6% in 2025.
  • Over 5 years, Revenue stood at $6.1 million in 2022, then retreated by 13.27% to $5.3 million in 2023, then soared by 43.82% to $7.6 million in 2024, then sank by 46.27% to $4.1 million in 2025, then declined by 13.75% to $3.5 million in 2026.
  • According to Business Quant data, Revenue over the past three periods registered $3.5 million, $4.0 million, and $4.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 GE HealthCare Technologies 29.89 Bn 27.78 Bn 2.18 Bn 5.30 Bn
2 Lantheus Holdings 6.57 Bn 5.98 Bn 241.86 Mn 388.18 Mn
3 Heartflow 4.12 Bn 3.75 Bn 53.19 Mn 64.08 Mn
4 Neogen 2.60 Bn 2.41 Bn 107.80 Mn 225.30 Mn
5 Butterfly Network 1.99 Bn 1.87 Bn 23.29 Mn 32.61 Mn
6 Ceribell 924.37 Mn 795.11 Mn 25.94 Mn 28.10 Mn
7 QuidelOrtho 877.09 Mn 753.69 Mn - -
8 Varex Imaging 779.06 Mn 679.86 Mn 76.70 Mn 210.50 Mn
9 Prenetics Global 340.55 Mn 281.50 Mn 30.20 Mn 46.49 Mn
10 Spectral AI 51.01 Mn 37.01 Mn 1.11 Mn 3.52 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 3.52 Mn
Mar 31, 2026 3.99 Mn
Dec 31, 2025 4.09 Mn
Sep 30, 2025 3.79 Mn
Jun 30, 2025 5.07 Mn
Mar 31, 2025 6.71 Mn
Dec 31, 2024 7.60 Mn
Sep 30, 2024 8.17 Mn
Jun 30, 2024 7.48 Mn
Mar 31, 2024 6.33 Mn
Dec 31, 2023 5.29 Mn
Sep 30, 2023 3.44 Mn
Jun 30, 2023 4.25 Mn
Mar 31, 2023 5.08 Mn
Dec 31, 2022 6.10 Mn
Sep 30, 2022 7.04 Mn