Skip to content
MARKETS / NASDAQ / MDAI
NASDAQ · SURGICAL & MEDICAL INSTRUMENTS & APPARATUS

Spectral AI, Inc. MDAI

5 fiscal years on record · USD · FY2025 reported · SEC filings only
$19.6M
▼ 33.6% YoY
$-7.6M
Growth
USD 19.6M
Revenue, FY2025 · full 5-year series below
Revenue $M Net income $M
FY2025 · Revenue 19.6 · Net income -7.6
10M20M-8M-16M20212022202320242025
Compound annual growth
−8.2%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−39 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -43.8% · Net -38.5%
20%40%-50%-100%20212022202320242025
ROE
FY2023 · ROE -423.6%
-200%-400%20212022202320242025

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Net buybacks $M Dividends $M
FY2022 · Dividends — · Net buybacks 250.5
100M200M20212022

Total assetsUSD 21.4M
EquityUSD -5.7M
CashUSD 15.4M
Gross debtUSD 5.5M
Net debtUSD -9.9M
Current ratio0.94×

Equity was negative — liabilities exceeded assets. No ratio is shown.

The 5-year record
5 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021
Revenue $B0.00.00.00.0·
Operating income $B−0.0−0.0−0.0−0.0−0.0
EBITDA $B−0.0−0.0−0.0−0.0·
Income tax $B0.00.00.00.00.0
Net income $B−0.0−0.0−0.0−0.0−0.0
EPS, diluted $−0.29−0.85−1.48−0.22·
Dividend / sh $·····
Payout %·····
ROE %··−423.6−22.6−15.6
Shares out B0.030.020.020.01·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 23 reconciliationsAUDITED

Reconciled in 5 of 19 fiscal years. 72 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivitySurgical & Medical Instruments & Apparatus
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2020

Share this section

Download image