Spectral AI (MDAI) Tax Rate (2022 - 2025)
Spectral AI's Tax Rate came in at -4.24% for Q2 2026, down 4.48 percentage points from 0.24% a year earlier and down 4.54 percentage points from the prior quarter.
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Analysis
Spectral AI (MDAI) Tax Rate (2022 - 2025) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Spectral AI reported Tax Rate of -1.19%, down 0.66 percentage points year-over-year; for FY2025, it came in at -0.15%, up 0.61 percentage points from FY2024.
- Tax Rate carries a three-year change of +3.63 percentage points (FY2022 to FY2025).
- Going back by year, Tax Rate was -0.76% in FY2024 (-0.71 pp), -0.05% in FY2023 (+3.72 pp) and -3.78% in FY2022.
- The five-year range for quarterly Tax Rate is -153.55% (Q3 2021) to 2.39% (Q1 2025).
- Year-over-year, Tax Rate has declined for three consecutive quarters, with an average year-over-year change of -0.78 percentage points over the last eight quarters.
- The fastest year-over-year change in Tax Rate over five years came in Q3 2022 (a gain of 124.74 percentage points), and the weakest in Q2 2026 (a drop of 4.48 percentage points).
- Business Quant data shows MDAI's Tax Rate at 0.29% (Q1 2026), -4.26% (Q4 2025) and -0.06% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 8.68% |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 39.11% |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 19.29% |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 21.94% |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 18.41% |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 14.62% |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 18.41% |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 53.56% |
| 10 | Spectral AI | 51.82 Mn | 217,734.54 | 1.11 Mn | - |
API Access
Spectral AI Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=MDAI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "MDAI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=MDAI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();