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

Spectral AI (MDAI) reported Tax Rate of 0.29% for Q1 2026, down 210.0% on a YoY basis from 0.27% in Q1 2025, and up 152.08% quarter-over-quarter from 0.56% in Q4 2025.

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

Spectral AI has reported Tax Rate for 6 years, with the latest figure at 0.29% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 210.0% year-over-year to 0.29%; the trailing twelve-month figure through Mar 2026 stood at 0.96% (up 279.0% YoY), and the FY2025 full-year result was 1.21%, down 46.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 0.29%, up from 0.56% in the prior quarter.
  • The five-year high for Tax Rate was 2.39% in Q1 2025, with the low at 106.59% in Q1 2022.
  • Historically, Tax Rate has averaged 8.19% across 5 years, with a median of 0.56% in 2025.
  • Annual changes were most pronounced in 2022 — Tax Rate jumped 12474 bps — and 2023, when it tumbled 310 bps.
  • Spectral AI's Tax Rate stood at 0.87% in 2022, then surged by 168 bps to 0.59% in 2023, then plunged by 69 bps to 0.18% in 2024, then tumbled by 405 bps to 0.56% in 2025, then surged by 152 bps to 0.29% in 2026.
  • The last three Tax Rate figures came in at 0.29% (Q1 2026), 0.56% (Q4 2025), and 0.06% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 25.67
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 12.35
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 18.09
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn -15.15
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 17.06
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -23.16
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 25.97
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 18.61
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 27.65
10 Spectral AI 57.48 Mn 45.82 Mn 2.03 Mn 0.29

Historic Data

Download Data
DateValue
Mar 31, 2026 0.29%
Mar 31, 2026 0.29%
Dec 31, 2025 -0.56%
Dec 31, 2025 -0.56%
Sep 30, 2025 -0.06%
Sep 30, 2025 -0.06%
Jun 30, 2025 0.24%
Jun 30, 2025 0.24%
Mar 31, 2025 2.39%
Mar 31, 2025 2.39%
Dec 31, 2024 0.18%
Dec 31, 2024 0.18%
Sep 30, 2024 -2.52%
Sep 30, 2024 -2.52%
Jun 30, 2024 -2.47%
Jun 30, 2024 -2.47%
Mar 31, 2024 -0.69%
Mar 31, 2024 -0.69%
Dec 31, 2023 0.59%
Dec 31, 2023 0.59%