Growth Metrics

Spectral AI (MDAI) Shares Outstanding (Diluted Average) (2021 - 2025)

Spectral AI filings provide 5 years of Shares Outstanding (Diluted Average) readings, the most recent being $26.5 million for Q4 2025.

  • On a quarterly basis, Shares Outstanding (Diluted Average) rose 47.87% to $26.5 million in Q4 2025 year-over-year; TTM through Dec 2025 was $26.5 million, a 47.87% increase, with the full-year FY2025 number at $26.5 million, up 47.87% from a year prior.
  • Shares Outstanding (Diluted Average) hit $26.5 million in Q4 2025 for Spectral AI, up from $25.1 million in the prior quarter.
  • In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $26.5 million in Q4 2025 to a low of $6.2 million in Q4 2021.
  • Median Shares Outstanding (Diluted Average) over the past 5 years was $16.8 million (2024), compared with a mean of $17.6 million.
  • Biggest five-year swings in Shares Outstanding (Diluted Average): skyrocketed 111.32% in 2022 and later crashed 47.82% in 2023.
  • Spectral AI's Shares Outstanding (Diluted Average) stood at $6.2 million in 2021, then skyrocketed by 111.32% to $13.1 million in 2022, then rose by 7.24% to $14.1 million in 2023, then rose by 27.31% to $17.9 million in 2024, then surged by 47.87% to $26.5 million in 2025.
  • The last three reported values for Shares Outstanding (Diluted Average) were $26.5 million (Q4 2025), $25.1 million (Q3 2025), and $25.4 million (Q2 2025) per Business Quant data.