Spectral AI (MDAI) Revenue (2022 - 2026)

Spectral AI has reported Revenue for 5 years, with the latest figure at $4.0 million in Q1 2026.

• For the quarter ending Q1 2026, Revenue fell 40.5% year-over-year to $4.0 million; the trailing twelve-month figure through Mar 2026 stood at $16.9 million (down 43.48% YoY), and the FY2025 full-year result was $19.6 million, down 33.57% from the prior year.
• Revenue for Q1 2026 stood at $4.0 million, down from $4.1 million in the prior quarter.
• The five-year high for Revenue was $8.2 million in Q3 2024, with the low at $3.4 million in Q3 2023.
• Historically, Revenue has averaged $5.6 million across 5 years, with a median of $5.3 million in 2023.
• Annual changes were most pronounced in 2024 — Revenue surged 137.59% — and 2025, when it tumbled 53.6%.
• Spectral AI's Revenue stood at $6.1 million in 2022, then declined by 13.27% to $5.3 million in 2023, then jumped by 43.82% to $7.6 million in 2024, then tumbled by 46.27% to $4.1 million in 2025, then declined by 2.33% to $4.0 million in 2026.
• The last three Revenue figures came in at $4.0 million (Q1 2026), $4.1 million (Q4 2025), and $3.8 million (Q3 2025), per Business Quant data.