Spectral AI (MDAI) Revenue (2022 - 2026)

Spectral AI's Revenue history runs 5 years deep, the most recent figure standing at $4.0 million for Q1 2026.

• Quarterly Revenue fell 40.5% year-over-year to $4.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $16.9 million (down 43.48% YoY) and the FY2025 annual result came in at $19.6 million, down 33.57% from the prior year.
• Revenue was $4.0 million for Q1 2026 at Spectral AI, down from $4.1 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.
• A 5-year average of $5.6 million and a median of $5.3 million in 2023 frame the typical range for Revenue.
• Annual changes were most pronounced in 2024 — Revenue surged 137.59% — and 2025, when it slumped 53.6%.
• Spectral AI's 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 retreated by 2.33% to $4.0 million in 2026.
• Business Quant data shows MDAI's Revenue at $4.0 million in Q1 2026, $4.1 million in Q4 2025, and $3.8 million in Q3 2025.