Spectral AI, Inc. MDAI Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 46%+0.9pp | 45.4%+0.5pp | 45%-0.3pp | 45.3%+0.2pp | 45%+0.3pp | |
| Operating margin | -57.2%-39.3pp | -43.8%-21.5pp | -32.2%-1.4pp | -18.2%+33.6pp | -17.8%+45.5pp | |
| Efficiency | ||||||
| Asset turnover | 0.9×-0.8× | 1.2×-1.4× | 1.7×-0.6× | 1.8×-0.5× | 1.7×-0.2× | |
| Liquidity | ||||||
| Current ratio | 0.8×-0.7× | 0.9×+0.4× | 0.9×+0.1× | 0.9×+0.1× | 1.4×+0.6× | |
| Per Share | ||||||
| Book value per share | -$0.28-310% | -$0.22+46.6% | -$0.31-16.6% | -$0.36-34.6% | -$0.07+54.6% | |
| Valuation | ||||||
| Market capitalization | $55.06M+0.4% | $43.58M-25.8% | $60.95M+222% | $54.07M+74.6% | $29.12M-17.4% | |
| Price / sales | 3.3×+1.3× | 2.2×+0.2× | 2.6×+1.9× | 2×+0.6× | 1×-0.9× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Spectral AI, Inc.'s profit margins?
- Spectral AI, Inc. (MDAI) runs a 46.0% gross margin and a -57.2% operating margin, with a -70.0% net margin.
- Where do Spectral AI, Inc.'s ratios come from?
- Every ratio is computed from Spectral AI, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
