Spectral AI, Inc. (MDAI)
NASDAQ: MDAI · Real-Time Price · USD
1.650
-0.040 (-2.37%)
At close: Dec 5, 2025, 4:00 PM EST
1.733
+0.083 (5.02%)
After-hours: Dec 5, 2025, 7:35 PM EST
Spectral AI Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| TTM
| FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
| Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
| Revenue | 23.17 | 29.58 | 18.06 | 25.37 | 15.24 | 17.3 |
| Revenue Growth (YoY) | -15.02% | 63.83% | -28.82% | 66.47% | -11.92% | - |
| Cost of Revenue | 12.74 | 16.31 | 10.18 | 14.53 | 8.19 | 9.31 |
| Gross Profit | 10.43 | 13.27 | 7.88 | 10.84 | 7.05 | 7.99 |
| Selling, General & Admin | 20.3 | 19.86 | 20.86 | 13.48 | 11.23 | 6.54 |
| Operating Expenses | 17.9 | 19.86 | 20.86 | 13.48 | 11.23 | 6.54 |
| Operating Income | -7.47 | -6.58 | -12.98 | -2.65 | -4.18 | 1.45 |
| Interest Expense | -2.4 | -2.97 | - | - | -0.02 | -0.04 |
| Interest & Investment Income | 0.01 | 0.01 | 0.17 | 0.02 | - | - |
| Currency Exchange Gain (Loss) | -0.04 | -0.04 | -0.02 | -0.24 | -0.19 | - |
| Other Non Operating Income (Expenses) | -6.27 | -5.47 | -8.01 | 0.06 | 0.3 | 0 |
| Pretax Income | -16.17 | -15.04 | -20.84 | -2.81 | -4.09 | 1.41 |
| Income Tax Expense | 0.2 | 0.27 | 0.01 | 0.11 | -0.1 | 0.17 |
| Net Income | -16.37 | -15.32 | -20.85 | -2.91 | -3.99 | 1.23 |
| Preferred Dividends & Other Adjustments | - | - | - | - | 1.26 | - |
| Net Income to Common | -16.37 | -15.32 | -20.85 | -2.91 | -5.25 | 1.23 |
| Shares Outstanding (Basic) | 24 | 18 | 14 | 13 | 100 | 58 |
| Shares Outstanding (Diluted) | 24 | 18 | 14 | 13 | 100 | 133 |
| Shares Change (YoY) | 39.63% | 27.30% | 7.24% | -86.90% | -24.51% | - |
| EPS (Basic) | -0.69 | -0.85 | -1.48 | -0.22 | -0.05 | 0.02 |
| EPS (Diluted) | -0.69 | -0.85 | -1.48 | -0.22 | -0.05 | 0.00 |
| Free Cash Flow | -6.9 | -9.2 | -13.24 | -1.16 | -2.93 | 3.82 |
| Free Cash Flow Per Share | -0.29 | -0.51 | -0.94 | -0.09 | -0.03 | 0.03 |
| Gross Margin | 45.01% | 44.87% | 43.64% | 42.72% | 46.28% | 46.16% |
| Operating Margin | -32.25% | -22.25% | -71.91% | -10.43% | -27.42% | 8.37% |
| Profit Margin | -70.64% | -51.77% | -115.50% | -11.48% | -34.43% | 7.14% |
| Free Cash Flow Margin | -29.78% | -31.10% | -73.33% | -4.58% | -19.19% | 22.08% |
| EBITDA | -7.43 | -6.57 | -12.98 | -2.64 | -4.18 | - |
| EBITDA Margin | -32.05% | -22.22% | -71.86% | -10.39% | -27.42% | - |
| D&A For EBITDA | 0.05 | 0.01 | 0.01 | 0.01 | 0 | - |
| EBIT | -7.47 | -6.58 | -12.98 | -2.65 | -4.18 | 1.45 |
| EBIT Margin | -32.25% | -22.25% | -71.91% | -10.43% | -27.42% | 8.37% |
| Effective Tax Rate | - | - | - | - | - | 12.39% |
Source: S&P Capital IQ. Standard template.
Financial Sources.