MDAINasdaqSurgical & Medical Instruments & ApparatusFiscal year ends December 31Also trades as MDAIW
Spectral AI, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 11, 2026
$1.52+0.01 (+0.66%)
Close on Oct 19, 2026
- Market cap
- $48.76M
- P/E (TTM)
- –
- Dividend yield
- –
Spectral AI statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Surgical & Medical Instruments & Apparatus companies for comparison
Valuation
| Measure | Spectral AI | Industry median |
|---|---|---|
| Market Cap | $48.92M | $230.55M |
| Enterprise Value | $46.78M | $202.97M |
| PS Ratio | 3.18 | 3.10 |
Enterprise value
| Measure | Spectral AI | Industry median |
|---|---|---|
| EV / Sales | 3.04 | 2.91 |
Income (trailing twelve months)
| Measure | Spectral AI | Industry median |
|---|---|---|
| Revenue | $15.39M | $102.39M |
| Gross Profit | $6.61M | $60.36M |
| Operating Income | -$11.88M | -$4.31M |
| Pretax Income | -$9.97M | -$2.37M |
| Net Income | -$10.09M | -$6.57M |
| EBITDA | -$11.88M | -$1.98M |
| EPS (Diluted) | -$0.34 | -$0.08 |
Margins
| Measure | Spectral AI | Industry median |
|---|---|---|
| Gross Margin | 42.9% | 55.2% |
| Operating Margin | -77.2% | -6.04% |
| Pretax Margin | -64.8% | -4.11% |
| Profit Margin | -65.5% | -10.5% |
| EBITDA Margin | -77.2% | -2.67% |
Returns
| Measure | Spectral AI | Industry median |
|---|---|---|
| Return on Assets (ROA) | -56.9% | -13.3% |
Growth
| Measure | Spectral AI | Industry median |
|---|---|---|
| Revenue Growth (YoY) | -44.1% | 8.85% |
| Revenue Growth (3Y CAGR) | -8.16% | 7.08% |
Balance sheet
| Measure | Spectral AI | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $14.00M | $36.66M |
| Total Debt | $11.86M | $97.65M |
| Net Cash (Debt) | $2.15M | $3.92M |
| Net Cash Per Share | $0.07 | $0.28 |
| Equity (Book Value) | -$12.05M | $55.33M |
| Book Value Per Share | -$0.37 | $2.87 |
| Tangible Book Value | -$12.05M | $10.79M |
| Working Capital | -$2.08M | $56.72M |
Financial position
| Measure | Spectral AI | Industry median |
|---|---|---|
| Current Ratio | 0.90 | 2.48 |
| Quick Ratio | 0.76 | 1.53 |
| Interest Coverage | -9.70 | -1.85 |
Cash flow (trailing twelve months)
| Measure | Spectral AI | Industry median |
|---|---|---|
| Operating Cash Flow | -$12.88M | -$566.22K |
Efficiency
| Measure | Spectral AI | Industry median |
|---|---|---|
| Asset Turnover | 0.87 | 0.58 |
| Inventory Turnover | 13.76 | 2.21 |
| Revenue Per Employee | $236.82K | $322.92K |
| Profits Per Employee | -$155.20K | -$51.88K |
| Employee Count | 65 | 185 |
Dividends and yields
| Measure | Spectral AI | Industry median |
|---|---|---|
| Earnings Yield | -20.6% | -6.88% |
Shares
| Measure | Spectral AI | Industry median |
|---|---|---|
| Shares Outstanding | 32,184,900 | 44,302,700 |
| Shares Change (YoY) | 38.8% | 3.36% |
| Shares Change (QoQ) | 1.13% | 0.27% |
| Float | 25,571,700 | 37,462,700 |
| Shares Held by Insiders | 20.5% | 10.5% |
| Shares Held by Institutions | 21.4% | 63.5% |
Taxes
| Measure | Spectral AI | Industry median |
|---|---|---|
| Income Tax | $119.00K | $1.52M |
Scores
| Measure | Spectral AI | Industry median |
|---|---|---|
| Altman Z-Score | -4.99 | 1.95 |
| Piotroski F-Score | 3 | 5 |
Calculated by StockData from Spectral AI's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.