Capsovision vs Spectral AI
Spectral AI is the larger business, with $19.6m of revenue in fiscal 2025 against $13.6m for Capsovision (1.4 times as much). Capsovision grew faster (15.3% against -33.6%). Spectral AI kept more of each dollar of sales as profit: a net margin of -38.5% against -186.8%.
| Latest fiscal year | CapsovisionCV, 2025 | Spectral AIMDAI, 2025 |
|---|---|---|
| Revenue | $13.6m | $19.6m |
| Revenue growth | 15.3% | -33.6% |
| Net income | −$25.3m | −$7.6m |
| Operating margin | -188.3% | — |
| Net margin | -186.8% | -38.5% |
| Return on equity | — | — |
| Free cash flow | −$23.0m | — |
| Cash | — | $15.4m |
| Total debt | $0 | $12.1m |
| Debt to equity | 0.0% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 99 | 65 |
| Market value | $336m | $48.1m |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 7 buys, 1 sales | 0 buys, 0 sales |