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Side-by-side financial comparison of KOSS CORP (KOSS) and Spectral AI, Inc. (MDAI). Click either name above to swap in a different company.
Spectral AI, Inc. is the larger business by last-quarter revenue ($4.1M vs $2.9M, roughly 1.4× KOSS CORP). Spectral AI, Inc. runs the higher net margin — 25.7% vs -19.8%, a 45.5% gap on every dollar of revenue. On growth, KOSS CORP posted the faster year-over-year revenue change (-19.6% vs -46.3%). Over the past eight quarters, KOSS CORP's revenue compounded faster (4.2% CAGR vs -19.6%).
Koss Corporation is a company in Milwaukee, Wisconsin, US that manufactures headphones. The company created the first high-fidelity stereo headphones in 1958.
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.
KOSS vs MDAI — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.9M | $4.1M |
| Net Profit | $-565.4K | $1.1M |
| Gross Margin | 29.0% | 45.2% |
| Operating Margin | -35.5% | -54.9% |
| Net Margin | -19.8% | 25.7% |
| Revenue YoY | -19.6% | -46.3% |
| Net Profit YoY | -700.6% | 113.9% |
| EPS (diluted) | $-0.06 | $0.04 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $2.9M | $4.1M | ||
| Q3 25 | $4.1M | $3.8M | ||
| Q2 25 | $3.1M | $5.1M | ||
| Q1 25 | $2.8M | $6.7M | ||
| Q4 24 | $3.6M | $7.6M | ||
| Q3 24 | $3.2M | $8.2M | ||
| Q2 24 | $2.9M | $7.5M | ||
| Q1 24 | $2.6M | $6.3M |
| Q4 25 | $-565.4K | $1.1M | ||
| Q3 25 | $243.7K | $-3.6M | ||
| Q2 25 | $-232.7K | $-8.0M | ||
| Q1 25 | $-316.7K | $2.9M | ||
| Q4 24 | $94.1K | $-7.6M | ||
| Q3 24 | $-419.5K | $-1.5M | ||
| Q2 24 | $-110.4K | $-2.9M | ||
| Q1 24 | $-313.8K | $-3.2M |
| Q4 25 | 29.0% | 45.2% | ||
| Q3 25 | 40.0% | 42.7% | ||
| Q2 25 | 36.0% | 45.2% | ||
| Q1 25 | 39.0% | 47.2% | ||
| Q4 24 | 39.5% | 44.0% | ||
| Q3 24 | 36.6% | 44.9% | ||
| Q2 24 | 40.4% | 44.3% | ||
| Q1 24 | 31.9% | 46.6% |
| Q4 25 | -35.5% | -54.9% | ||
| Q3 25 | -1.1% | -88.1% | ||
| Q2 25 | -14.2% | -41.9% | ||
| Q1 25 | -18.7% | -13.4% | ||
| Q4 24 | -4.0% | -14.6% | ||
| Q3 24 | -19.9% | -10.8% | ||
| Q2 24 | -11.0% | -32.7% | ||
| Q1 24 | -23.1% | -33.9% |
| Q4 25 | -19.8% | 25.7% | ||
| Q3 25 | 6.0% | -93.7% | ||
| Q2 25 | -7.5% | -157.3% | ||
| Q1 25 | -11.4% | 43.2% | ||
| Q4 24 | 2.6% | -99.8% | ||
| Q3 24 | -13.1% | -18.4% | ||
| Q2 24 | -3.8% | -38.3% | ||
| Q1 24 | -11.9% | -50.7% |
| Q4 25 | $-0.06 | $0.04 | ||
| Q3 25 | $0.03 | $-0.13 | ||
| Q2 25 | $-0.02 | $-0.31 | ||
| Q1 25 | $-0.03 | $0.11 | ||
| Q4 24 | $0.01 | $-0.42 | ||
| Q3 24 | $-0.05 | $-0.08 | ||
| Q2 24 | $-0.01 | $-0.16 | ||
| Q1 24 | $-0.03 | $-0.19 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $15.5M | $15.4M |
| Total DebtLower is stronger | — | $9.3M |
| Stockholders' EquityBook value | $30.3M | $-5.7M |
| Total Assets | $36.8M | $21.4M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $15.5M | $15.4M | ||
| Q3 25 | $16.5M | $10.5M | ||
| Q2 25 | $15.7M | $10.5M | ||
| Q1 25 | $13.0M | $14.1M | ||
| Q4 24 | $9.7M | $5.2M | ||
| Q3 24 | $11.9M | $3.7M | ||
| Q2 24 | $14.9M | $6.9M | ||
| Q1 24 | $9.9M | $10.2M |
| Q4 25 | — | $9.3M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $7.8M | ||
| Q4 24 | — | $2.8M | ||
| Q3 24 | — | $1.0M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $30.3M | $-5.7M | ||
| Q3 25 | $30.9M | $-8.2M | ||
| Q2 25 | $30.6M | $-9.2M | ||
| Q1 25 | $30.7M | $-1.6M | ||
| Q4 24 | $31.0M | $-7.3M | ||
| Q3 24 | $30.8M | $-4.8M | ||
| Q2 24 | $31.1M | $-4.7M | ||
| Q1 24 | $31.1M | $-2.5M |
| Q4 25 | $36.8M | $21.4M | ||
| Q3 25 | $37.7M | $15.3M | ||
| Q2 25 | $37.2M | $16.0M | ||
| Q1 25 | $37.3M | $20.7M | ||
| Q4 24 | $37.4M | $12.1M | ||
| Q3 24 | $38.1M | $11.6M | ||
| Q2 24 | $37.2M | $13.9M | ||
| Q1 24 | $37.6M | $15.5M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-760.8K | $-2.6M |
| Free Cash FlowOCF − Capex | $-1.1M | — |
| FCF MarginFCF / Revenue | -37.5% | — |
| Capex IntensityCapex / Revenue | 10.9% | — |
| Cash ConversionOCF / Net Profit | — | -2.43× |
| TTM Free Cash FlowTrailing 4 quarters | $-546.7K | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-760.8K | $-2.6M | ||
| Q3 25 | $762.6K | $-2.5M | ||
| Q2 25 | $-534.9K | $-3.4M | ||
| Q1 25 | $370.4K | $-1.5M | ||
| Q4 24 | $-252.0K | $469.0K | ||
| Q3 24 | $201.6K | $-1.6M | ||
| Q2 24 | $-174.0K | $-5.4M | ||
| Q1 24 | $328.6K | $-2.7M |
| Q4 25 | $-1.1M | — | ||
| Q3 25 | $761.5K | — | ||
| Q2 25 | $-541.8K | — | ||
| Q1 25 | $306.2K | — | ||
| Q4 24 | $-314.3K | — | ||
| Q3 24 | $-155.6K | — | ||
| Q2 24 | $-174.8K | — | ||
| Q1 24 | $269.3K | — |
| Q4 25 | -37.5% | — | ||
| Q3 25 | 18.7% | — | ||
| Q2 25 | -17.6% | — | ||
| Q1 25 | 11.0% | — | ||
| Q4 24 | -8.8% | — | ||
| Q3 24 | -4.9% | — | ||
| Q2 24 | -6.0% | — | ||
| Q1 24 | 10.2% | — |
| Q4 25 | 10.9% | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 0.2% | — | ||
| Q1 25 | 2.3% | — | ||
| Q4 24 | 1.8% | — | ||
| Q3 24 | 11.2% | — | ||
| Q2 24 | 0.0% | — | ||
| Q1 24 | 2.3% | — |
| Q4 25 | — | -2.43× | ||
| Q3 25 | 3.13× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -0.52× | ||
| Q4 24 | -2.68× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
