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| Date | Value |
|---|---|
| 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% |