Spectral AI, Inc.

Company MDAI

Last mentioned: Mar 24, 2026

Timeline

  1. Commercial Target

    Anticipated focus on commercial scaling and market penetration for DeepView AI.

  2. FY 2025 Earnings Release

    Company reports $19.7M in total R&D revenue for the full year.

  3. 2026 Guidance Introduced

    Management provides first-ever revenue guidance for the upcoming fiscal year.

  4. Earnings Release

    Official announcement of Q4 and FY2025 results and introduction of 2026 guidance.

  5. Q4 Earnings Release

    Spectral AI reports Q4 revenue beat and introduces 2026 revenue guidance.

  6. BARDA Award

    Company receives $31.7 million in non-dilutive funding for the DeepView System.

  7. Guidance Period Start

    Commencement of the 2026 fiscal year covered by the new revenue outlook.

  8. Year-End Cash Position

    Spectral AI closes the year with $15.4 million in cash and equivalents.

  9. Fiscal Year End

    Spectral AI closes the year with $15.4M in cash and $19.7M in R&D revenue.

  10. Fiscal Year End

    Spectral AI closes FY2025 with $19.7M in R&D revenue and $15.4M in cash.

Stories mentioning Spectral AI, Inc. 5

earnings Neutral

Spectral AI Beats Q4 Estimates, Signals Commercial Pivot with 2026 Guidance

Spectral AI reported a significant Q4 2025 earnings beat with revenue of $3.8 million and a surprise GAAP profit, bolstered by a recent $31.7 million BARDA award. The company has introduced its first revenue guidance for 2026, marking a critical transition from R&D to commercial-scale medical AI diagnostics.

2 sources
pharma Neutral

Spectral AI Reports $19.7M FY2025 Revenue, Sets 2026 Growth Guidance

Spectral AI reported full-year 2025 R&D revenue of $19.7 million, driven by its DeepView AI-driven wound diagnostic platform. The company ended the year with $15.4 million in cash and provided its first revenue outlook for 2026, signaling a transition toward commercial scale.

2 sources
funding Bullish

Spectral AI Secures $31.7M BARDA Award for DeepView® AI Diagnostic System

Spectral AI has been awarded $31.7 million in non-dilutive funding from BARDA to accelerate the development and clinical validation of its DeepView® System. This investment aims to enhance AI-driven medical diagnostics for faster, more accurate wound care decisions, particularly in burn and diabetic foot ulcer management.

2 sources