Spectral AI (MDAIW) Gross Margin (2022 - 2026)
Spectral AI's Gross Margin came in at 31.58% for Q2 2026, down 13.63 percentage points from 45.21% a year earlier and down 19.21 percentage points from the prior quarter.
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Analysis
Spectral AI (MDAIW) Gross Margin (2022 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Spectral AI reported Gross Margin of 42.92%, down 2.35 percentage points year-over-year; for FY2025, it was 45.42%, up 0.55 percentage points from FY2024.
- Gross Margin has increased in each of the last three years, with a three-year change of +2.70 percentage points (FY2022 to FY2025).
- Going back by year, Gross Margin was 44.87% in FY2024 (+1.23 pp), 43.64% in FY2023 (+0.92 pp) and 42.72% in FY2022.
- The Q2 2026 figure represents the lowest quarterly Gross Margin in data going back to Q3 2022.
- Year-over-year, Gross Margin increased in five of the last eight quarters, with an average year-over-year change of -1.18 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2023 (a gain of 4.93 percentage points), and the weakest in Q2 2026 (a drop of 13.63 percentage points).
- Business Quant data shows MDAIW's Gross Margin at 50.79% (Q1 2026), 45.18% (Q4 2025) and 42.75% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.58% |
| Mar 31, 2026 | 50.79% |
| Dec 31, 2025 | 45.18% |
| Sep 30, 2025 | 42.75% |
| Jun 30, 2025 | 45.21% |
| Mar 31, 2025 | 47.23% |
| Dec 31, 2024 | 44.03% |
| Sep 30, 2024 | 44.87% |
| Jun 30, 2024 | 44.32% |
| Mar 31, 2024 | 46.55% |
| Dec 31, 2023 | 46.08% |
| Sep 30, 2023 | 42.79% |
| Jun 30, 2023 | 42.13% |
| Mar 31, 2023 | 42.95% |
| Dec 31, 2022 | 41.14% |
| Sep 30, 2022 | 45.85% |
API Access
Spectral AI Gross Margin 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=gross-margin&ticker=MDAIW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MDAIW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MDAIW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();