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MultiSensor AI Holdings, Inc.(MSAI)Earnings, Financials & Key Ratios
MSAI•NASDAQ
$5.35
Price updated Jun 30, 2026
AboutMultiSensor AI Holdings, Inc. manufactures and distributes multi-sensor systems for thermographic and other use in various industrial applications in the United States and internationally. The company offers sensor devices ranging from small to large handheld designs with built-in displays and controls, fixed-mounted pan-tilt-zoom single- and multi-sensor camera standalone systems, and mobile multi-sensor payload and gimbal systems for unmanned aerial vehicles and unmanned ground vehicles. It also provides on-prem and cloud-based software and services, including training, calibration, and repairs for its customers operating in the distribution and logistics, manufacturing, utility, and oil and gas sectors. The company was founded in 1995 and is headquartered in Beaumont, Texas.Show more
- Revenue$6M-25.0%
- EBITDA-$10M+42.3%
- Net Income-$12M+45.5%
- EPS (Diluted)-12.40+71.0%
- Gross Margin52.48%-19.4%
- EBITDA Margin-184.36%+23.1%
- Operating Margin-207.76%+18.5%
- Net Margin-211.01%+27.3%
- ROE-52.86%+85.2%
MSAI Price & Volume
MultiSensor AI Holdings, Inc. (MSAI) stock price & volume — 10-year historical chart
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Persistent Operational Losses Challenge Industrial AI Transition
Investment Thesis • Updated 2026Q1
VerdictNegative
Growth:Contracting
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Capital exhaustion and liquidity
Key Thesis Takeaways
- MultiSensor AI Holdings faces a difficult transition from hardware-centric operations to a recurring software model, evidenced by a 25.01% year-over-year revenue contraction and persistent negative operating margins.
- While the company has bolstered its balance sheet to $29.7M in equity, the underlying business model remains constrained by high fixed costs and inconsistent gross margins that fluctuated between 23.6% and 75.6%.
- Investors should monitor the company's ability to achieve scale, as the current trajectory of negative free cash flow and significant accumulated losses of $68.8M suggests substantial liquidity risks remain.
Verdict Logic
the company's inability to achieve positive operating margins, which reached -161.6% in 2026Q1, combined with a history of significant cash burn, suggests that the current capital buffer may be insufficient to support long-term viability.
MSAI Growth Metrics
MultiSensor AI Holdings, Inc. (MSAI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-8.59%
TTM-4.8%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM55.71%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM79.74%
Return on Capital
10 Years-116.28%
5 Years-116.28%
3 Years-175.67%
Last Year-50.93%
MSAI Recent Earnings
MultiSensor AI Holdings, Inc. (MSAI) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 3/12 qtrs (33%)●Beat Revenue 0/12 qtrs (0%)
Q2 2026Latest
May 13, 2026Metric
Actual
Est
EPS
$1.23+23.1%
$1.60
Rev
$2M-5.1%
$2M
Q2 2026
Mar 19, 2026Metric
Actual
Est
EPS
$1.20+70.0%
$4.00
Rev
$1M-26.8%
$2M
Q4 2025
Nov 13, 2025Metric
Actual
Est
EPS
$0.05+44.4%
$0.09
Rev
$2M-7.4%
$2M
Q3 2025
Aug 13, 2025Metric
Actual
Est
EPS
$0.10+0.0%
$0.10
Rev
$1M-47.0%
$3M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 13, 2026 | $1.23vs $1.60+23.1% | $2Mvs $2M-5.1% |
| Q2 2026 | Mar 19, 2026 | $1.20vs $4.00+70.0% | $1Mvs $2M-26.8% |
| Q4 2025 | Nov 13, 2025 | $0.05vs $0.09+44.4% | $2Mvs $2M-7.4% |
| Q3 2025 | Aug 13, 2025 | $0.10vs $0.10+0.0% | $1Mvs $3M-47.0% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for MultiSensor AI Holdings, Inc. (MSAI)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $5.35 | $5M | -0.43 | -25.01% | -211.01% | -52.86% | — | |
| $5.84 | $317.75M | -7.89 | -3.13% | -46.83% | -59.1% | — | |
| $5.64 | $70.46M | -22.56 | 14.52% | -9.05% | -70.95% | — | |
| $7.51 | $2.06B | -56.68 | 17.18% | -21.78% | -26.68% | — | |
| $6.81 | $32.45M | -61.91 | 18.03% | 4.26% | — | — | |
| $641.22 | $29.7B | 33.96 | 7.86% | 15.15% | 8.94% | — |
Compare MSAI vs Peers
MultiSensor AI Holdings, Inc. (MSAI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MSAI SEC Filings & Documents
MultiSensor AI Holdings, Inc. (MSAI) SEC filings — annual & quarterly reports (10-K, 10-Q)
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MSAI Frequently Asked Questions
MultiSensor AI Holdings, Inc. (MSAI) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is MultiSensor AI Holdings, Inc.'s revenue?
MultiSensor AI Holdings, Inc. (MSAI) reported $6.0M in revenue for fiscal year 2025. This represents a 79% decrease from $28.8M in 2021.
How fast is MultiSensor AI Holdings, Inc. growing?
MultiSensor AI Holdings, Inc. (MSAI) saw revenue decline by 25.0% over the past year.
Is MSAI profitable?
MultiSensor AI Holdings, Inc. (MSAI) reported a net loss of $9.7M for fiscal year 2025.
Dividend & Returns
What is MSAI's return on equity?
MultiSensor AI Holdings, Inc. (MSAI) has a return on equity (ROE) of -52.9%. Negative ROE indicates the company is unprofitable.
What is MultiSensor AI Holdings, Inc.'s free cash flow?
MultiSensor AI Holdings, Inc. (MSAI) had negative free cash flow of $7.8M in fiscal year 2025, likely due to heavy capital investments.