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Spectral AI, Inc. MDAI Deferred Revenue

Deferred Revenue at other companies

Odysight.ai logo
Odysight.aiODYS
$133K-45.3%
Biodesix, Inc. logo
Biodesix, Inc.BDSX
$223K-71.7%
Safe Pro Group Inc. logo
Safe Pro Group Inc.SPAI
$28.23K+5.6%
GE HealthCare Technologies logo
GE HealthCare TechnologiesGEHC
$2.15B+14.0%
RadNet logo
RadNetRDNT
$11.98M+251%
Axe Compute Inc. Common Stock logo
Axe Compute Inc. Common StockAGPU
$786.32K+419%

Other financials

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

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Market cap$55.06M+0.4%
Enterprise value$49.43M-8.3%
P/S3.3×+1.3×

Profitability

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Gross margin46%+0.9pp
Operating margin-57.2%-104pp
Net margin-70%+176pp

Returns & leverage

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Return on equity-255.5%
Debt / equity0.7×+0.7×
Current ratio0.8×-0.7×

Where this comes from

Reported directly by Spectral AI, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.

The official record: Spectral AI, Inc.’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Spectral AI, Inc.'s deferred revenue?
Spectral AI, Inc. (MDAI) reported deferred revenue of $154K in Q4 2025.
How has Spectral AI, Inc.'s deferred revenue changed year-over-year?
Spectral AI, Inc.'s deferred revenue decreased by 84.0% year-over-year, from $960K to $154K.
What is the long-term trend for Spectral AI, Inc.'s deferred revenue?
Over 2 years (2023 to 2025), Spectral AI, Inc.'s deferred revenue has grown at a -74.2% compound annual growth rate (CAGR), from $2.31M to $154K.
What does deferred revenue mean?
Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.