NASDAQ:MDAI
Spectral AI, Inc.
Spectral AI, Inc.'s revenue fell 33.6% in fiscal 2025 to $19.6M while operating margin fell to −43.8%. The diluted share count rose 47.9%.Summary generated from Spectral AI, Inc.'s SEC filings. Latest annual report filed Mar 25, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$19.6M
Revenue growth−33.6%
Revenue, 5-yr CAGRn/a
Gross margin45.4%
Operating margin−43.8%
Net margin−38.5%
ROICn/a
Return on equityn/a
Debt / equityn/a
Free cash flown/a
FCF marginn/a
Share count change+47.9%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | n/a | 25 | 18 | 30 | 20 |
| Operating income | −3 | −3 | −13 | −7 | −9 |
| Net income | −2 | −3 | −21 | −15 | −8 |
| Free cash flow | n/a | n/a | n/a | n/a | n/a |
Recent filings
- 4Insider transaction report
Sep 29, 2026 - 4Insider transaction report
Sep 25, 2026 - 8-KRegulation FD disclosure
Sep 15, 2026 - 8-KResults of operations and financial condition
Aug 12, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Aug 11, 2026 - 8-KDirector or officer change
Jul 8, 2026 - 8-KResults of a shareholder vote
Jun 1, 2026 - 8-KRegulation FD disclosure
May 26, 2026