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How Spectral AI (MDAI) makes money
Spectral AI (MDAI) made $3.5M of revenue in the second quarter 2026 (Q2 2026), -30% from a year earlier.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $3.5M | 100.0% |
| Income tax | $170K | 4.8% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $3.5M | -30% |
| Q1 2026 | $4.0M | -40% |
| Q4 2025 | $4.1M | -46% |
| Q3 2025 | $3.8M | -54% |
| Q2 2025 | $5.1M | -32% |
| Q1 2025 | $6.7M | +6% |
| Q4 2024 | $7.6M | +44% |
From Spectral AI's 10-Q filed Aug 11, 2026 (on EDGAR).
Questions
How does Spectral AI make money?
Spectral AI (MDAI) made $3.5M of revenue in the second quarter 2026 (Q2 2026), -30% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.