Growth Metrics

Spectral AI (MDAIW) EBITDA (2021 - 2026)

Spectral AI posted quarterly EBITDA of -$3.4 million for Q1 2026, down 217.43% year-on-year from $2.9 million in Q1 2025, and down 424.98% on a QoQ basis from $1.1 million in Q4 2025.

Spectral AI (MDAIW) has 6 years of EBITDA data on file, last reported at -$3.4 million in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA fell 217.43% year-over-year to -$3.4 million; the trailing twelve-month figure through Mar 2026 stood at -$13.9 million (down 53.33% YoY), and the FY2025 full-year result was -$7.5 million, up 50.33% from the prior year.
  • EBITDA for Q1 2026 stood at -$3.4 million, down from $1.1 million in the prior quarter.
  • Across five years, EBITDA topped out at $2.9 million in Q1 2025 and bottomed at -$10.6 million in Q3 2023.
  • The 5-year median for EBITDA is -$3.1 million (2023), against an average of -$2.9 million.
  • The widest annual swing landed in 2023, when EBITDA sank 4135.86%; it then jumped 190.86% in 2025.
  • A 5-year view of EBITDA shows it stood at -$1.8 million in 2022, then tumbled by 99.77% to -$3.5 million in 2023, then tumbled by 115.25% to -$7.6 million in 2024, then jumped by 113.84% to $1.1 million in 2025, then slumped by 424.98% to -$3.4 million in 2026.
  • The last three EBITDA figures came in at -$3.4 million (Q1 2026), $1.1 million (Q4 2025), and -$3.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn 1.35 Bn
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn 936.00 Mn
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn 1.46 Bn
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn 1.10 Bn
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn 477.60 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 663.81 Mn
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn 255.30 Mn
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn 515.00 Mn
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn 316.80 Mn
10 Spectral AI - - 2.03 Mn -3.42 Mn

Historic Data

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DateValue
Mar 31, 2026 -3.42 Mn
Dec 31, 2025 1.05 Mn
Sep 30, 2025 -3.57 Mn
Jun 30, 2025 -7.94 Mn
Mar 31, 2025 2.91 Mn
Dec 31, 2024 -7.61 Mn
Sep 30, 2024 -1.49 Mn
Jun 30, 2024 -2.86 Mn
Mar 31, 2024 -3.21 Mn
Dec 31, 2023 -3.53 Mn
Sep 30, 2023 -10.63 Mn
Jun 30, 2023 -3.07 Mn
Mar 31, 2023 -3.61 Mn
Dec 31, 2022 -1.77 Mn
Sep 30, 2022 -251,000.00
Jun 30, 2022 -248,722.00
Mar 31, 2022 -465,124.00
Dec 31, 2021 -1.78 Mn
Sep 30, 2021 -1.19 Mn
Jun 30, 2021 -287,037.00
Mar 31, 2021 -157,816.00