Spectral AI reports Q3 research and development revenue of $3.8 million
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Spectral AI, Inc. reported Q3 research and development revenue of $3.8 million for the quarter ending September 30, 2025, down from $8.2 million in Q3 2024. Year-to-date revenue was $15.6 million, compared to $22.0 million the previous year. The company achieved a gross profit of $1.6 million for Q3 and $7.1 million for the first nine months of 2025. Cash on hand increased to $10.5 million from $3.7 million a year earlier. Spectral AI is progressing towards its De Novo FDA submission and focusing on commercializing its AI-driven diagnostic device.
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