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Spectral AI, Inc. MDAI Q1 2026 earnings

Reported May 12, 2026 · After market close

Revenue$4.0MMiss by $134.0K
EPS-$0.11In line
Revenue estimate$4.1M
EPS estimate-$0.11

Next report

Nov 10, 2026 (in 2 months)
Revenue estimate$5.3M
EPS estimate-$0.14

Financials

Q1 2026

Income statement

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Revenue$4.0M-40.5%
Gross profit$2.0M-36.0%
Operating income-$2.0M-120%
Net income-$3.4M-218%
EPS (diluted)-$0.11-200%

Balance sheet

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Cash & equivalents$11.7M-17.1%
Total debt$6.0M-36.6%
Total equity-$8.8M-442%
Total assets$17.7M-14.4%

Cash flow

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Operating cash flow-$3.7M-148%

Valuation & ratios

Valuation

as of 03/31/26
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Market cap$46.78M+60.6%
Enterprise value$41.15M+67.5%
P/S2.8×+1.8×

Profitability

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Gross margin46%+0.9pp
Operating margin-57.2%-104pp

Returns & leverage

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Current ratio0.8×-0.7×

FAQ

When did Spectral AI, Inc. report Q1 2026 earnings?
Spectral AI, Inc. (MDAI) reported Q1 2026 earnings on May 12, 2026 after market close.
What were Spectral AI, Inc.'s Q1 2026 revenue and EPS?
Spectral AI, Inc. reported revenue of $4.0M and eps of $-0.11 for Q1 2026.
Did Spectral AI, Inc. beat estimates in Q1 2026?
Revenue missed the consensus estimate of $4.1M by $134.0K. EPS beat the consensus estimate of $-0.11 by $0.00.
How did Spectral AI, Inc.'s Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 40.5% from $6.7M a year earlier.
Where can I find Spectral AI, Inc.'s Q1 2026 SEC filings?
You can read the 10-Q periodic report (0001213900-26-055226) directly on SEC EDGAR. The filing index links above go to sec.gov.