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
Download Data| Date | Value |
|---|---|
| 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 |