Spectral AI, Inc. (MDAIW) income statement

MDAIWNasdaqSurgical & Medical Instruments & ApparatusFiscal year ends December 31Also trades as MDAI

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 11, 2026Score 0/30

$0.47+0.02 (+4.89%)

Close on Nov 2, 2026Market cap $48.92MP/E –Yield –

Spectral AI, Inc. income statement

Millions of USD, except per-share data. Shares in millions.

Line item	TTM Q2 2026 2026-06-30	TTM Q1 2026 2026-03-31	TTM FY 2025 2025-12-31	TTM Q3 2025 2025-09-30	TTM Q2 2025 2025-06-30	TTM Q1 2025 2025-03-31	TTM FY 2024 2024-12-31	TTM Q3 2024 2024-09-30	TTM Q2 2024 2024-06-30	TTM Q1 2024 2024-03-31	TTM FY 2023 2023-12-31	TTM Q3 2023 2023-09-30	TTM Q2 2023 2023-06-30	TTM Q1 2023 2023-03-31	TTM FY 2022 2022-12-31	TTM Q3 2022 2022-09-30	TTM Q2 2022 2022-06-30	TTM Q1 2022 2022-03-31	TTM FY 2021 2021-12-31
Revenue	15	17	20	23	28	30	30	27	23	19	18	19	22	–	25	–	–	–	–
Cost of Revenue	8.79	9.15	11	13	15	16	16	15	12	11	10	11	13	–	15	–	–	–	–
Gross Profit	6.61	7.78	8.93	10	12	13	13	12	10	8.64	7.88	7.95	9.71	–	11	–	–	–	–
General & Administrative	16	16	18	16	16	19	20	21	22	21	21	20	18	13	13	5.97	3.69	3.73	3.42
Operating Expenses	18	17	18	18	17	19	20	–	–	–	–	–	–	–	–	–	–	–	–
Operating Income	-12	-9.68	-8.60	-7.47	-5.02	-5.34	-6.58	-8.40	-12	-12	-13	-12	-7.91	-5.17	-2.65	-2.75	-3.69	-3.73	-3.42
Interest Expense	1.23	0.97	0.89	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Interest & Investment Income	–	–	–	–	–	–	–	–	–	–	–	–	2.83	3.19	3.16	1.55	0.43	0.02	0.03
Other Non-Operating Income	1.91	-4.27	1.04	-8.70	-9.07	-3.56	-8.46	-2.61	-8.55	-8.23	-7.86	-7.18	-0.70	–	-0.16	–	–	–	–
Pretax Income	-9.97	-14	-7.56	-16	-14	-8.89	-15	-11	-20	-20	-21	-19	-8.61	-4.10	-2.81	3.55	6.07	1.68	-2.15
Income Tax Expense	0.12	-0.07	0.01	0.04	0.08	0.16	0.11	0.11	0.02	-0.01	0.01	0.05	0.19	0.17	0.11	-3.22	-6.73	–	0
Net Income incl. Noncontrolling Interests	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.68	-2.15
Net Income	-10	-14	-7.57	-16	-14	-9.06	-15	-11	-20	-20	-21	-19	-8.80	-5.99	-2.91	-5.87	-3.26	-5.90	-2.15
EPS (Basic)(per share)	-0.34	-0.52	-0.29	-0.69	-0.64	-0.49	-0.85	-0.65	-1.34	-1.41	-1.48	-1.40	-0.66	–	-0.22	–	–	–	–
EPS (Diluted)(per share)	-0.34	-0.52	-0.29	-0.71	-0.66	-0.51	-0.85	-0.65	-1.34	-1.41	-1.48	-1.40	-0.66	–	-0.22	–	–	–	–
Shares Outstanding (Basic, Weighted)(shares)	30	29	27	24	21	20	18	17	16	15	14	13	13	–	13	–	–	–	–
Shares Outstanding (Diluted, Weighted)(shares)	30	29	27	24	22	20	18	17	16	15	14	13	13	–	13	–	–	–	–
Net Interest Income	–	–	–	–	–	–	–	–	–	–	–	13	13	14	13	6.34	9.76	5.41	1.27

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: 42.9%
Operating margin: -77.2%
Net margin: -65.5%
Return on equity, FY2025: 116.7%

Financial strength

Current ratio: 0.90
Debt to equity: -0.98
Debt to assets: 61.0%
Cash to current liabilities: 70.5%

Valuation

P/E ratio: –
Price to sales: 3.18
Price to book: –
Dividend yield: –