Spectral AI (MDAI) Total Debt (2020 - 2026)
Spectral AI's Total Debt came in at $14.91 million for Q2 2026, up 93.8% from $7.69 million a year earlier and up 77.3% from the prior quarter.
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Analysis
Spectral AI (MDAI) Total Debt (2020 - 2026) Analysis & Trends
At the end of FY2025, Spectral AI's Total Debt was $8.39 million, up 201.1% from FY2024.
- Total Debt has increased in each of the last three years, with a five-year compound annual growth rate of 191.3% (FY2020 to FY2025).
- Going back by year, Total Debt was $2.79 million in FY2024 (+539.2%), $436,000 in FY2023 (+149.1%) and $175,000 in FY2022.
- The Q2 2026 figure represents the highest quarterly Total Debt in data going back to Q4 2020.
- Year-over-year, Total Debt has increased for eight consecutive quarters, with growth averaging 223.9% over the last eight quarters.
- Over the past five years, the year-over-year growth in Total Debt ranged from 8.5% (Q1 2026) to 845.3% (Q3 2024).
- Business Quant data shows MDAI's Total Debt at $8.41 million (Q1 2026), $8.39 million (Q4 2025) and $7.8 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 42.55 Bn |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 32.61 Bn |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 26.56 Bn |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | - |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 28.15 Bn |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 14.94 Bn |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 12.62 Bn |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 16.81 Bn |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 598.70 Mn |
| 10 | Spectral AI | 51.82 Mn | 217,734.54 | 1.11 Mn | 14.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.91 Mn |
| Mar 31, 2026 | 8.41 Mn |
| Dec 31, 2025 | 8.39 Mn |
| Sep 30, 2025 | 7.80 Mn |
| Jun 30, 2025 | 7.69 Mn |
| Mar 31, 2025 | 7.76 Mn |
| Dec 31, 2024 | 2.79 Mn |
| Sep 30, 2024 | 5.97 Mn |
| Jun 30, 2024 | 7.00 Mn |
| Mar 31, 2024 | 4.75 Mn |
| Dec 31, 2023 | 436,000.00 |
| Sep 30, 2023 | 632,000.00 |
| Dec 31, 2022 | 175,000.00 |
| Mar 31, 2021 | 149,152.00 |
| Dec 31, 2020 | 40,000.00 |
API Access
Spectral AI Total Debt 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=total-debt&ticker=MDAI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=MDAI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();