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Spectral AI, Inc. MDAI Cost Of Revenue

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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+3.9%
Enterprise value$49.43M-4.8%
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:CostOfRevenue.

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 cost of revenue?
Spectral AI, Inc. (MDAI) reported cost of revenue of $1.96M in Q1 2026.
How has Spectral AI, Inc.'s cost of revenue changed year-over-year?
Spectral AI, Inc.'s cost of revenue decreased by 44.5% year-over-year, from $3.54M to $1.96M.
What is the long-term trend for Spectral AI, Inc.'s cost of revenue?
Over 2 years (2023 to 2025), Spectral AI, Inc.'s cost of revenue has grown at a 2.7% compound annual growth rate (CAGR), from $10.18M to $10.73M.
What does cost of revenue mean?
The direct costs attributable to the production of the goods or services sold by a company. This includes materials and direct labor costs required to generate the reported revenues.