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Spectral AI, Inc. MDAI Operating margin

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RadNetRDNT
2.9%-0.8pp

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
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

Calculated from Spectral AI, Inc.’s reported figures.

Based on trailing twelve months.

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 operating margin?
Spectral AI, Inc. (MDAI) reported operating margin of -57.2% in Q1 2026.
How has Spectral AI, Inc.'s operating margin changed year-over-year?
Spectral AI, Inc.'s operating margin decreased by 221.0% year-over-year, from -17.8% to -57.2%.
What is the long-term trend for Spectral AI, Inc.'s operating margin?
Over 2 years (2023 to 2025), Spectral AI, Inc.'s operating margin has grown at a -22.0% compound annual growth rate (CAGR), from -71.9% to -43.8%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.