Spectral AI (MDAIW) Net Margin (2021 - 2026)
Spectral AI's Net Margin was -118.50% in Q2 2026, up 38.81 percentage points from -157.31% a year earlier but down 33.01 percentage points from the prior quarter.
Spectral AI (MDAIW) Net Margin (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Spectral AI's Net Margin was -65.54% through Jun 30, 2026, down 13.34 percentage points year-over-year; for FY2025, it came in at -38.53%, up 12.71 percentage points from FY2024.
- Net Margin shows a three-year change of -27.05 percentage points (FY2022 to FY2025).
- In earlier years, Net Margin was -51.24% in FY2024 (+64.25 pp), -115.50% in FY2023 (-104.02 pp) and -11.48% in FY2022.
- Quarterly Net Margin has moved between -308.98% (Q3 2023) and 39.91% (Q1 2025) over five years.
- Compared with a year earlier, Net Margin was higher in four of the last eight quarters, with an average year-over-year change of +24.14 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q3 2024 (a gain of 290.58 percentage points); the worst was Q3 2023 (a drop of 303.58 percentage points).
- Per Business Quant data, MDAIW's Net Margin in the three quarters before Q2 2026 was -85.49% (Q1 2026), 25.75% (Q4 2025) and -93.67% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -118.50% |
| Mar 31, 2026 | -85.49% |
| Dec 31, 2025 | 25.75% |
| Sep 30, 2025 | -93.67% |
| Jun 30, 2025 | -157.31% |
| Mar 31, 2025 | 39.91% |
| Dec 31, 2024 | -99.75% |
| Sep 30, 2024 | -18.40% |
| Jun 30, 2024 | -38.30% |
| Mar 31, 2024 | -50.66% |
| Dec 31, 2023 | -67.07% |
| Sep 30, 2023 | -308.98% |
| Jun 30, 2023 | -72.22% |
| Mar 31, 2023 | -71.07% |
| Dec 31, 2022 | -28.53% |
| Sep 30, 2022 | -5.40% |
| Jun 30, 2022 | -15.28% |
| Mar 31, 2022 | -7.02% |
| Sep 30, 2021 | 65.12% |
Spectral AI Net 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=net-margin&ticker=MDAIW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=MDAIW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();