Filing Flows › MultiSensor AI Holdings (MSAI) › Q2 2026 › vs Q2 2025
MultiSensor AI Holdings (MSAI) Q2 2026 vs Q2 2025 (year over year)
MultiSensor AI Holdings's revenue rose $276K (+19%) from $1.4M in Q2 2025 to $1.7M in Q2 2026. The biggest changes: Software +$339K (+85%); Ancillary Services −$119K (-82%); Hardware +$56K (+6%).
MultiSensor AI Holdings, Q2 2026: revenue $1.7M (+20% year over year), operating margin -153.5%, net loss $2.5M, operating cash flow −$2.4M. The chart draws each line against Q2 2025, the increases inside each band.
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Hardware | $930K | $874K | $56K | +6% |
| Software | $739K | $400K | $339K | +85% |
| Ancillary Services | $26K | $145K | −$119K | -82% |
| Revenue | $1.7M | $1.4M | $276K | +19% |
| Other income, net | $127K | $6K | $121K | 21× |
| Income tax benefit | $14K | −$10K | $24K | — |
| Net loss | $2.5M | $3.3M | −$862K | -26% |
| Costs & expenses | $4.3M | $4.7M | −$451K | -10% |
| Operating costs | $4.3M | $4.7M | −$441K | -9% |
| Cost of revenue | $919K | $1.1M | −$165K | -15% |
| SG&A | $2.8M | $2.9M | −$76K | -3% |
| Other operating costs | $544K | $744K | −$200K | -27% |
| Operating cash sources | $2.9M | $1.6M | $1.4M | +89% |
| Depreciation | $360K | $330K | $30K | +9% |
| Share-based compensation | $187K | $423K | −$236K | -56% |
| Cash used in operations | $2.4M | $804K | $1.6M | +198% |
| Net loss absorbed | $2.5M | $3.3M | −$862K | -26% |
| Working capital & other | $479K | −$1.8M | $2.2M | — |
Questions
How much did MultiSensor AI Holdings's revenue grow year over year in Q2 2026?
MultiSensor AI Holdings's revenue rose $276K (+19%) from $1.4M in Q2 2025 to $1.7M in Q2 2026.
What drove MultiSensor AI Holdings's revenue change in Q2 2026?
Software +$339K (+85%); Ancillary Services −$119K (-82%); Hardware +$56K (+6%).