Spectral AI (MDAI) Revenue (2022 - 2026)

Spectral AI (MDAI) has 5 years of Revenue data on file, last reported 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.
• Across five years, Revenue topped out at $8.2 million in Q3 2024 and bottomed at $3.4 million in Q3 2023.
• The 5-year median for Revenue is $5.3 million (2023), against an average of $5.6 million.
• The widest annual swing landed in 2024, when Revenue surged 137.59%; it then sank 53.6% in 2025.
• A 5-year view of Revenue shows it stood at $6.1 million in 2022, then fell by 13.27% to $5.3 million in 2023, then surged by 43.82% to $7.6 million in 2024, then slumped by 46.27% to $4.1 million in 2025, then fell 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.

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