MultiSensor AI Holdings (MSAI) Gross Margin (2023 - 2026)
MultiSensor AI Holdings' (MSAI) quarterly Gross Margin came in at 56.63% in Q1 2026, down 269.0% YoY from 33.51% in Q1 2025, and down 10.27% on a QoQ basis from 63.11% in Q4 2025.
MultiSensor AI Holdings (MSAI) Gross Margin (2023 - 2026) Analysis & Trends
MultiSensor AI Holdings (MSAI) has 4 years of Gross Margin data on file, last reported at 56.63% in Q1 2026.
- Quarterly Gross Margin fell 269.0% year-over-year to 56.63% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 52.26% (down 1774.0% YoY) and the FY2025 annual result came in at 52.48%, down 1264.0% from the prior year.
- Gross Margin slipped to 56.63% in Q1 2026, from 63.11% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 75.57% in Q4 2024 to a low of 45.47% in Q2 2023.
- A 4-year average of 50.64% and a median of 59.32% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2024 — Gross Margin surged 12016 bps — and 2025, when it sank 5107 bps.
- Tracing MSAI's Gross Margin over 4 years: stood at 49.13% in 2023, then surged by 54 bps to 75.57% in 2024, then decreased by 16 bps to 63.11% in 2025, then slipped by 10 bps to 56.63% in 2026.
- The last three Gross Margin figures came in at 56.63% (Q1 2026), 63.11% (Q4 2025), and 64.04% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 376.80 Bn | 370.69 Bn | 3.55 Bn | 40.51% |
| 2 | Corning | 130.52 Bn | 128.01 Bn | 1.63 Bn | 36.14% |
| 3 | TE Connectivity | 58.24 Bn | 57.00 Bn | 1.84 Bn | 35.56% |
| 4 | Flex | 40.39 Bn | 37.55 Bn | 747.00 Mn | 9.42% |
| 5 | Celestica | 34.83 Bn | 34.29 Bn | 577.50 Mn | 12.29% |
| 6 | Jabil | 33.37 Bn | 32.01 Bn | 828.00 Mn | 9.46% |
| 7 | Fabrinet | 15.92 Bn | 15.05 Bn | 158.05 Mn | 12.01% |
| 8 | Ttm Technologies | 11.93 Bn | 11.42 Bn | 211.86 Mn | 21.10% |
| 9 | Littelfuse | 10.43 Bn | 9.81 Bn | 306.06 Mn | 41.43% |
| 10 | MultiSensor AI Holdings | 12.62 Mn | -8.38 Mn | 776,000.00 | 45.78% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 45.78% |
| Mar 31, 2026 | 56.63% |
| Dec 31, 2025 | 63.11% |
| Sep 30, 2025 | 64.04% |
| Jun 30, 2025 | 23.61% |
| Mar 31, 2025 | 59.32% |
| Dec 31, 2024 | 75.57% |
| Sep 30, 2024 | 66.73% |
| Jun 30, 2024 | 74.68% |
| Mar 31, 2024 | 48.57% |
| Dec 31, 2023 | 49.13% |
| Sep 30, 2023 | 69.85% |
| Jun 30, 2023 | -45.47% |
| Mar 31, 2023 | 52.55% |