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 | |
| EBITDA margin | -56.6%-13.1pp | -43.4%-11.4pp | -32%-13.9pp | -18.1%-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× | |
| Inventory turnover | 14.4×-2.6× | 17×-11.4× | 28.4×-13.0× | 41.4×-8.2× | 49.5×-0.3× | |
| Liquidity | ||||||
| Current ratio | 0.8×-0.2× | 0.9×+0.1× | 0.9×0.0× | 0.9×-0.5× | 1.4×+0.8× | |
| Quick ratio | 0.7×-0.2× | 0.9×+0.1× | 0.8×0.0× | 0.8×-0.5× | 1.4×+0.8× | |
| Cash ratio | 0.5×-0.2× | 0.7×+0.1× | 0.7×0.0× | 0.7×-0.4× | 1.1×+0.8× | |
| Leverage | ||||||
| Debt-to-assets | 0.3×-0.1× | 0.5×-0.1× | 0.6×0.0× | 0.6×+0.1× | 0.5×-0.1× | |
| Interest coverage | -8.6×+1.1× | -9.7×— | —— | —— | —— | |
| 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% | |
| Enterprise value | $49.43M-4.8% | $37.85M-35.7% | $58.9M+10.9% | $53.13M+116% | $24.57M-59.5% | |
| Price / sales | 3.3×+1.3× | 2.2×-0.4× | 2.6×+0.7× | 2×+1.0× | 1×-1.0× | |
| EV / sales | 3×+1.1× | 1.9×-0.6× | 2.5×+0.6× | 1.9×+1.1× | 0.8×-1.2× |
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.
