Spectral AI, Inc. MDAI Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 46%+0.5pp | 45.4%+0.4pp | 45%-0.3pp | 45.3%+0.2pp | 45%+0.2pp | |
| Operating margin | -57.2%-13.4pp | -43.8%-11.5pp | -32.2%-14.0pp | -18.2%-0.4pp | -17.8%+4.4pp | |
| Efficiency | ||||||
| Asset turnover | 0.9×-0.3× | 1.2×-0.5× | 1.7×-0.1× | 1.8×+0.2× | 1.7×-0.9× | |
| Liquidity | ||||||
| Current ratio | 0.8×-0.2× | 0.9×+0.1× | 0.9×0.0× | 0.9×-0.5× | 1.4×+0.8× | |
| Per Share | ||||||
| Book value per share | -$0.28-28.4% | -$0.22+30.7% | -$0.31+13.4% | -$0.36-432% | -$0.07+83.3% | |
| Valuation | ||||||
| Market capitalization | $55.06M+3.9% | $43.58M-28.5% | $60.95M+12.7% | $54.07M+85.7% | $29.12M-50.4% | |
| Price / sales | 3.3×+1.3× | 2.2×-0.4× | 2.6×+0.7× | 2×+1.0× | 1×-1.0× |
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.
