The revenue miss and lack of guidance increase near-term uncertainty. Monitor upcoming customer deployments (data center pilots, distributor expansions) for signs of accelerating adoption.
Price Chart
Executive Summary
MultiSensor AI reported Q1 2026 revenue of $1.6M, up 38% YoY but missing consensus of $1.7M by ~5%. Software revenue surged 169% to $0.7M and net loss narrowed 44% to $2.5M. No forward guidance was provided, leaving investors to assess the growth trajectory against the revenue miss.
Key Financial Metrics
Key Facts
- Q1 2026 revenue $1.6M, +38% YoY vs $1.2M
- Software revenue $0.7M, +169% YoY from $0.3M
- Gross margin 57%, down 2pp from 59%
- Net loss $2.5M, narrowed 44% from $4.4M
- Operating cash flow -$1.7M vs -$3.2M prior year
- Cash balance $22.6M at quarter end
Financial Impact
Revenue miss of ~$86K (5%) against consensus; net loss reduction of $1.9M YoY
Risk Factors
- No forward guidance provided, creating visibility gap
- Gross margin contraction despite revenue growth
- Still loss-making with negative operating cash flow
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-060310 |
| Document: msai-20260513x8k.htm | 0001104659-26-060310 |
| Document: 0001104659-26-060310-index-headers.html | 0001104659-26-060310 |
| Document: 0001104659-26-060310-index.html | 0001104659-26-060310 |
| Document: 0001104659-26-060310.txt | 0001104659-26-060310 |
| 8-K Data (Synthetic) | 0001104659-26-060310 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jun 9, 2026 20w ago | DEFA14A | $0.0296 $0.0300 | ▲ +1.35% | ▼ −0.10% | — |
May 13, 2026 23w ago | 8-K | $0.0469 $0.0469 | · 0.00% | ▲ +0.86% | — |
Apr 21, 2026 26w ago | 8-K | $0.0469 $0.0469 | · 0.00% | ▼ −3.17% | — |
US Market Status
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