Spectral AI (MDAI) Tax Rate (2021 - 2026)

Spectral AI (MDAI) posted Tax Rate of 0.29% for Q1 2026, down 68.91% on a QoQ basis from 0.94% in Q4 2025, and down 210.0% year-over-year from 0.27% in Q1 2025.

Spectral AI (MDAI) Tax Rate (2021 - 2026) Analysis & Trends

Spectral AI's Tax Rate history runs 6 years deep, the most recent figure standing at 0.29% for Q1 2026.

  • Quarterly Tax Rate fell 210.0% year-over-year to 0.29% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.07% (up 190.0% YoY) and the FY2025 annual result came in at 1.08%, down 32.0% from the prior year.
  • Tax Rate was 0.29% for Q1 2026 at Spectral AI, down from 0.94% in the prior quarter.
  • Across five years, Tax Rate topped out at 2.39% in Q1 2025 and bottomed at 106.59% in Q1 2022.
  • A 5-year average of 8.1% and a median of 0.06% in 2025 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2022 — Tax Rate jumped 12474 bps — and 2023, when it slumped 310 bps.
  • Spectral AI's Tax Rate stood at 0.87% in 2022, then jumped by 168 bps to 0.59% in 2023, then slumped by 69 bps to 0.18% in 2024, then jumped by 410 bps to 0.94% in 2025, then tumbled by 69 bps to 0.29% in 2026.
  • Business Quant data shows MDAI's Tax Rate at 0.29% in Q1 2026, 0.94% in Q4 2025, and 0.06% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 25.67%
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 12.35%
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 31.35%
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn -15.15%
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 17.06%
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 25.97%
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -23.16%
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 18.61%
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 Spectral AI 52.08 Mn 40.43 Mn 2.03 Mn 0.29%

Historic Data

Download Data
DateValue
Mar 31, 2026 0.29%
Mar 31, 2026 0.29%
Mar 31, 2026 0.29%
Dec 31, 2025 0.94%
Dec 31, 2025 0.94%
Dec 31, 2025 0.94%
Sep 30, 2025 -0.06%
Sep 30, 2025 -0.06%
Sep 30, 2025 -0.06%
Jun 30, 2025 0.24%
Jun 30, 2025 0.24%
Jun 30, 2025 0.24%
Mar 31, 2025 2.39%
Mar 31, 2025 2.39%
Mar 31, 2025 2.39%
Dec 31, 2024 0.18%
Dec 31, 2024 0.18%
Dec 31, 2024 0.18%
Sep 30, 2024 -2.52%
Sep 30, 2024 -2.52%