Spectral AI profit margin MDAI
Gross, operating and net profit as a share of revenue over the last twelve months, from 2023.
- Net margin, 12 months
- −65.5%
- Operating margin, 12 months
- −77.2%
- Net margin on a year earlier
- −14.1 pts
- Peer median
- 8.4%
Over the twelve months to Jun 30, 2026, Spectral AI kept −65.5% of its revenue as net profit, with an operating margin of −77.2% and a gross margin of 42.9%.
The median for 7 medical instruments and supplies stocks of a similar size is 8.4%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −38.5% | −43.8% | 45.4% |
| FY2024 | −51.2% | −22.3% | 44.9% |
| FY2023 | n/a | −71.9% | 43.6% |
| FY2022 | n/a | n/a | n/a |
| FY2021 | n/a | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −65.5% | −14.1 pts | −77.2% | |
| Q1 FY26 | −82.0% | −51.7 pts | −57.2% | |
| Q4 FY25 | −38.5% | +12.7 pts | −43.8% | |
| Q3 FY25 | −70.0% | −29.2 pts | −32.2% | |
| Q2 FY25 | −51.4% | +38.5 pts | −18.2% | |
| Q1 FY25 | −30.2% | n/a | −17.8% | |
| Q4 FY24 | −51.2% | n/a | −22.3% | |
| Q3 FY24 | −40.8% | +43.9 pts | −30.8% | |
| Q2 FY24 | −89.8% | −64.4 pts | −51.8% | |
| Q1 FY24 | n/a | n/a | −63.3% | |
| Q4 FY23 | n/a | n/a | −71.9% | |
| Q3 FY23 | −84.6% | n/a | −62.7% |
Against its peers
Companies in Medical - Instruments & Supplies nearest Spectral AI's size, closest first, today.
| Company | Profit margin |
|---|---|
| MDAISpectral AI | −65.5% |
| NEPHNephros | 8.4% |
| APTAlpha Pro Tech | 6.8% |
| KEQUKewaunee Scientific | 3.0% |
| PDEXPro DEX | 17.6% |
| UTMDUtah Medical Products | 29.0% |
| INFUInfuSystem | 6.0% |
| EMBCEmbecta | 8.6% |
| Peer median | 8.4% |
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Spectral AI
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.