Filing Flows › Spectral AI (MDAI) › Q2 2026 › vs Q1 2026
Spectral AI (MDAI) Q2 2026 vs Q1 2026 (quarter over quarter)
Spectral AI's revenue fell $467K (-12%) from $4.0M in Q1 2026 to $3.5M in Q2 2026.
Spectral AI, Q2 2026: revenue $3.5M (-30% year over year), operating margin -122.7%, net loss $4.2M, operating cash flow −$4.1M. The chart draws each line against Q1 2026, the increases inside each band.
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $3.5M | $4.0M | −$467K | -12% |
| Other income, net | $318K | −$1.5M | $1.8M | — |
| Net loss | $4.2M | $3.4M | $764K | +22% |
| Costs & expenses | $8.0M | $7.4M | $605K | +8% |
| Operating costs | $7.8M | $6.0M | $1.9M | +32% |
| Income tax | $170K | −$10K | $180K | — |
| Cost of revenue | $2.4M | $2.0M | $447K | +23% |
| Operating cash sources | $4.9M | $3.9M | $993K | +25% |
| Depreciation | $30K | $30K | $0 | 0% |
| Share-based compensation | $807K | $183K | $624K | +341% |
| Cash used in operations | $4.1M | $3.7M | $369K | +10% |
| Net loss absorbed | $4.2M | $3.4M | $764K | +22% |
| Working capital & other | $758K | $529K | $229K | +43% |
Questions
How much did Spectral AI's revenue grow quarter over quarter in Q2 2026?
Spectral AI's revenue fell $467K (-12%) from $4.0M in Q1 2026 to $3.5M in Q2 2026.