Spectral AI, Inc.MDAIEarnings & Financial Report
Spectral AI, Inc. is a medical technology firm specializing in AI-powered diagnostic imaging solutions primarily for burn and wound care. It develops non-invasive imaging tools that enable healthcare providers to deliver faster, more accurate treatment assessments, serving clinical and healthcare partner networks across North America and European markets.
MDAI Q4 FY2025 Key Financial Metrics
Revenue
$4.1M
Gross Profit
$1.8M
Operating Profit
$-2.2M
Net Profit
$1.1M
Gross Margin
45.2%
Operating Margin
-54.9%
Net Margin
25.7%
YoY Growth
-46.3%
EPS
$0.04
Spectral AI, Inc. Q4 FY2025 Financial Summary
Spectral AI, Inc. reported revenue of $4.1M (down 46.3% YoY) for Q4 FY2025, with a net profit of $1.1M (up 113.9% YoY) (25.7% margin). Cost of goods sold was $2.2M, operating expenses totaled $4.1M.
Key Financial Metrics
| Total Revenue | $4.1M |
|---|---|
| Net Profit | $1.1M |
| Gross Margin | 45.2% |
| Operating Margin | -54.9% |
| Report Period | Q4 FY2025 |
Spectral AI, Inc. Annual Revenue by Year
Spectral AI, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $19.6M).
Spectral AI, Inc. Quarterly Revenue & Net Profit History
Spectral AI, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $4.1M | -46.3% | $1.1M | 25.7% |
| Q3 FY2025 | $3.8M | -53.6% | $-3.6M | -93.7% |
| Q2 FY2025 | $5.1M | -32.3% | $-8.0M | -157.3% |
| Q1 FY2025 | $6.7M | +6.0% | $2.9M | 43.2% |
| Q4 FY2024 | $7.6M | +43.8% | $-7.6M | -99.8% |
| Q3 FY2024 | $8.2M | +137.6% | $-1.5M | -18.4% |
| Q2 FY2024 | $7.5M | +75.9% | $-2.9M | -38.3% |
| Q1 FY2024 | $6.3M | +24.6% | $-3.2M | -50.7% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.3M | $7.5M | $8.2M | $7.6M | $6.7M | $5.1M | $3.8M | $4.1M |
| YoY Growth | 24.6% | 75.9% | 137.6% | 43.8% | 6.0% | -32.3% | -53.6% | -46.3% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $15.5M | $13.9M | $11.6M | $12.1M | $20.7M | $16.0M | $15.3M | $21.4M |
| Liabilities | $17.5M | $18.2M | $15.9M | $19.3M | $22.3M | $25.2M | $23.5M | $27.1M |
| Equity | $-2.5M | $-4.7M | $-4.8M | $-7.3M | $-1.6M | $-9.2M | $-8.2M | $-5.7M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-2.7M | $-5.4M | $-1.6M | $469000 | $-1.5M | $-3.4M | $-2.5M | $-2.6M |