MultiSensor AI Holdings, Inc. (MSAI) Financial Statements
Industry: Optical Instruments & Lenses
In fiscal 2025, MultiSensor AI reported revenue of $5.6M, down 25.0% from $7.4M the year before. Net income was -$11.7M (a -211.0% net margin), or -$12.40 per diluted share. Operating margin was -216.4%. Operating activities generated -$8.0M of cash, leaving -$9.7M of free cash flow. At fiscal year end, MultiSensor AI held $35.5M in total assets against $3.4M in total liabilities, including $24.4M of cash and equivalents.
Open the full interactive MultiSensor AI financials → Quarterly statements, key ratios, valuation history and price charts.
MultiSensor AI Key Stats
| Share Price | $4.65 |
|---|---|
| Market Cap | $9.6M |
| Revenue YoY Growth | -25.0% |
| 52-Week Range | $4.44 – $79.20 |
| Shares Outstanding | 2.1 million (basic, 2026 Q2) |
MultiSensor AI Income Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Revenue | $0 | $5.4M | $7.4M | $5.6M |
| Cost of Goods Sold | $0 | — | — | — |
| Gross Profit | $0 | — | — | — |
| Operating Income | -$1.4M | -$21.5M | -$18.9M | -$12.0M |
| Pre-Tax Income | $353,572 | -$22.1M | -$22.0M | -$11.7M |
| Income Tax | $316,711 | $208,000 | -$465,000 | -$32,000 |
| Net Income | $36,861 | -$22.3M | -$21.5M | -$11.7M |
| Diluted EPS | $0.13 | -$142.40 | -$42.80 | -$12.40 |
MultiSensor AI Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.6M | $1.4M | $1.6M | $1.7M |
| Net Income | -$1.7M | -$2.3M | -$2.5M | -$2.5M |
| Diluted EPS | -$2.00 | -$0.06 | -$1.23 | -$1.19 |
MultiSensor AI Balance Sheet
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Cash & Equivalents | $222,266 | $1.2M | $4.4M | $24.4M |
| Current Assets | $385,245 | $12.5M | $10.5M | $30.9M |
| Total Assets | $119.1M | $16.4M | $15.5M | $35.5M |
| Current Liabilities | — | $10.8M | $3.0M | $2.6M |
| Total Long-Term Debt | — | $8.2M | — | — |
| Total Liabilities | $553,203 | $16.6M | $3.2M | $3.4M |
| Shareholders' Equity | $120,383 | -$268,000 | $12.3M | $32.0M |
MultiSensor AI Cash Flow Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Cash From Operations | -$1.0M | -$4.6M | -$15.6M | -$8.0M |
| Cash From Investing | $307,145 | -$1.5M | -$2.7M | -$1.6M |
| Cash From Financing | — | $6.6M | $21.6M | $29.6M |
| Free Cash Flow | — | -$6.1M | -$18.2M | -$9.7M |
Figures from MultiSensor AI's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full MultiSensor AI financials page for every line item.
MultiSensor AI Company Profile
| Ticker | MSAI |
|---|---|
| Exchange | Nasdaq |
| Industry | Optical Instruments & Lenses |
| Headquarters | Houston, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company, emerging growth company |
| SEC CIK | 0001863990 |
Frequently Asked Questions
What was MultiSensor AI's revenue in fiscal 2025?
MultiSensor AI (MSAI) reported revenue of $5.6M for fiscal 2025.
What is MultiSensor AI's annual revenue history?
MultiSensor AI's annual revenue by fiscal year: 2022: $0; 2023: $5.4M; 2024: $7.4M; 2025: $5.6M.
What was MultiSensor AI's net income in fiscal 2025?
MultiSensor AI reported net income of -$11.7M for fiscal 2025.
What was MultiSensor AI's earnings per share (EPS) in fiscal 2025?
MultiSensor AI's diluted EPS was -$12.40 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did MultiSensor AI generate in fiscal 2025?
MultiSensor AI generated -$9.7M of free cash flow in fiscal 2025.
What was MultiSensor AI's revenue last quarter?
In its most recent reported quarter (2026 Q2), MultiSensor AI reported revenue of $1.7M.
How many shares of MultiSensor AI are outstanding?
MultiSensor AI reported a weighted average of 2.1 million basic shares outstanding in 2026 Q2.
What is MultiSensor AI's market cap?
Based on its latest closing price, MultiSensor AI (MSAI) has a market capitalization of about $9.6M.
When does MultiSensor AI's fiscal year end?
MultiSensor AI's fiscal year end, as registered with the SEC, is December 31.
Where is MultiSensor AI headquartered?
MultiSensor AI lists its business address in Houston, Texas in its SEC filings.