Spectral AI (MDAIW) Shares Outstanding (Diluted) (2021 - 2026)
Spectral AI's Shares Outstanding (Diluted) was 32.08 million in Q2 2026, up 26.2% from 25.42 million a year earlier and up 1.0% from the prior quarter.
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Analysis
Spectral AI (MDAIW) Shares Outstanding (Diluted) (2021 - 2026) Analysis & Trends
For FY2025, Shares Outstanding (Diluted) at Spectral AI came in at 26.52 million, up 47.9% from FY2024.
- Shares Outstanding (Diluted) shows a four-year compound annual growth rate of 4.8% (FY2021 to FY2025).
- In earlier years, Shares Outstanding (Diluted) was 17.93 million in FY2024 (+27.3%), 14.09 million in FY2023 (-55.2%), 31.42 million in FY2022 (+43.0%) and 21.97 million in FY2021.
- The Q2 2026 figure marks the highest quarterly Shares Outstanding (Diluted) in data going back to Q2 2021.
- Compared with a year earlier, Shares Outstanding (Diluted) has increased for ten straight quarters, with growth averaging 37.5% over the last eight quarters.
- The best year-over-year quarter for Shares Outstanding (Diluted) over five years was Q2 2024 (growth of 178.2%); the worst was Q2 2023 (a decline of 75.0%).
- Per Business Quant data, MDAIW's Shares Outstanding (Diluted) in the three quarters before Q2 2026 was 31.76 million (Q1 2026), 26.52 million (Q4 2025) and 26.32 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.08 Mn |
| Mar 31, 2026 | 31.76 Mn |
| Dec 31, 2025 | 26.52 Mn |
| Sep 30, 2025 | 26.32 Mn |
| Jun 30, 2025 | 25.42 Mn |
| Mar 31, 2025 | 24.03 Mn |
| Dec 31, 2024 | 17.93 Mn |
| Sep 30, 2024 | 17.86 Mn |
| Jun 30, 2024 | 17.60 Mn |
| Mar 31, 2024 | 16.56 Mn |
| Dec 31, 2023 | 14.09 Mn |
| Sep 30, 2023 | 13.82 Mn |
| Jun 30, 2023 | 6.33 Mn |
| Mar 31, 2023 | 13.19 Mn |
| Dec 31, 2022 | 31.42 Mn |
| Sep 30, 2022 | 13.15 Mn |
| Jun 30, 2022 | 25.30 Mn |
| Mar 31, 2022 | 31.63 Mn |
| Dec 31, 2021 | 21.97 Mn |
| Sep 30, 2021 | 31.63 Mn |
API Access
Spectral AI Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=MDAIW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=MDAIW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();