Hardware was MultiSensor AI Holdings’s largest product and service line in fiscal 2025, bringing in $9.64M of $16.65M (58%).
| Product and Service | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Hardware | — | $12.81M | $17.08M | $9.64M |
| Product Sales | $20.04M | — | — | — |
| Software | — | $2.32M | $3.01M | $5.65M |
| Software As A Service ("Saas") & Related Services | $1.04M | — | — | — |
| Ancillary Services | $717.00K | $1.16M | $2.12M | $1.36M |
| Total | $21.80M | $16.29M | $22.21M | $16.65M |
MultiSensor AI Holdings brought in $16.65M from its three product and service lines in fiscal 2025, the year ended December 31, 2025. That was down 25.0% from $22.21M in fiscal 2024. Hardware was the largest at $9.64M (57.9%), ahead of Software at $5.65M (33.9%) and Ancillary Services at $1.36M (8.2%).
Compared with fiscal 2024, Software grew fastest, up 87.8% to $5.65M, while Hardware fell the most, down 43.6% to $9.64M.
MultiSensor AI Holdings began breaking out Hardware in fiscal 2023 and Software in fiscal 2023. MultiSensor AI Holdings stopped reporting Product Sales ($20.04M in fiscal 2022) and Software As A Service ("Saas") & Related Services ($1.04M in fiscal 2022) as separate lines.
United States was MultiSensor AI Holdings’s largest region in fiscal 2025, bringing in $11.26M of $16.65M (68%).
| Geography | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| United States | $17.44M | $13.08M | $17.48M | $11.26M |
| International | $4.37M | $3.21M | $4.73M | $5.39M |
| Total | $21.80M | $16.29M | $22.21M | $16.65M |
MultiSensor AI Holdings brought in $16.65M from its two regions in fiscal 2025, the year ended December 31, 2025. That was down 25.0% from $22.21M in fiscal 2024. United States was the largest at $11.26M (67.6%), ahead of International at $5.39M (32.4%).
Compared with fiscal 2024, International grew 14.0% to $5.39M, while United States fell 35.6% to $11.26M. From fiscal 2022 to 2025, combined revenue from these regions fell from $21.80M to $16.65M, a compound annual decline of 8.6%. United States' share of the total fell from 80.0% to 67.6%.
Point In Time was MultiSensor AI Holdings’s largest revenue line in fiscal 2022, bringing in $20.76M of $21.80M (95%).
| Timing of Transfer of Good or Service | FY 2022 |
|---|---|
| Point In Time | $20.76M |
| Over Time | $1.04M |
| Total | $21.80M |
MultiSensor AI Holdings brought in $21.80M from its two revenue lines in fiscal 2022, the year ended December 31, 2022. Point In Time was the largest at $20.76M (95.2%), ahead of Over Time at $1.04M (4.8%).
MultiSensor AI Holdings (MSAI) reports its revenue by product and service, by geography and by timing of transfer of good or service. In fiscal 2025, Hardware was its largest product and service line, bringing in $9.64M (57.9% of the total), followed by Software at $5.65M (33.9%).
Hardware was MultiSensor AI Holdings' largest product and service line in fiscal 2025, bringing in $9.64M, or 57.9% of the $16.65M total across its three product and service lines.
United States was MultiSensor AI Holdings' largest region in fiscal 2025, bringing in $11.26M, or 67.6% of the $16.65M total across its two regions.
Point In Time was MultiSensor AI Holdings' largest revenue line in fiscal 2022, bringing in $20.76M, or 95.2% of the $21.80M total across its two revenue lines.
Among MultiSensor AI Holdings' product and service lines that make up at least 2% of revenue, Software grew fastest in fiscal 2025, up 87.8% from $3.01M to $5.65M.
Every figure comes from MultiSensor AI Holdings' annual financial filings, as reported. Each line keeps the name MultiSensor AI Holdings gives it, and years follow its fiscal calendar.
MultiSensor AI Holdings' revenue by product and service goes back to fiscal 2022, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.