Spectral AI Reports Third Quarter 2026 Financial Results and Updates Guidance

Spectral AI, Inc. reported financial results for the third quarter ended September 30, 2026, noting an Adjusted EBITDA of $(3.7) million compared to $(3.1) million in the prior-year period. The company ended the quarter with $11.2 million in cash and cash equivalents. Management updated its full-year 2026 guidance, now expecting research and development revenue of approximately $13.0 million, down from its previous forecast of $18.5 million. Despite the guidance revision, the company stated it remains on track for the first U.S. commercial placement of its DeepView AI System in the fourth quarter of 2026. Operating expenses for the quarter decreased by 4.4% to $4.7 million, driven by lower general and administrative costs.