Spectral AI Inc. (NASDAQ:MDAI) Reports Q4 Revenue Beat but Wider Loss, Stock Gains on Strong Cash Position

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Spectral AI Inc. (NASDAQ:MDAI) released its Q4 2025 financial results, reporting a revenue beat of $3.85 million against an estimate of $2.98 million, but a wider non-GAAP loss per share of $0.11. Despite the loss, the stock saw gains in after-hours trading, driven by the revenue beat and a significantly strengthened cash position of $15.4 million. The company’s focus remains on regulatory progress for its DeepView® System and its BARDA contract, with management providing a confident revenue guidance of $18.5 million for 2026, surpassing analyst estimates.

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