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MSAI · NASDAQ · Software - Infrastructure

MultiSensor AI

Provides infrared-centered sensor systems and software for continuous industrial condition monitoring.

$5.31
After-hours close−0.06 (−1.12%)
At close$5.37(−1.10%)
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Profile

MultiSensor AI Holdings, Inc.MSAIInformation Technology

Sells multisensor condition-monitoring systems built around infrared hardware and the MSAI Connect platform, with hardware, software, and installation services. Revenue pairs device sales with cloud subscriptions or on-premises licenses, while contract manufacturing and AWS shape operations.

Combines infrared-centered hardware with MSAI Connect, an edge-to-cloud platform that ingests thermal, visual, acoustic, vibration, and other sensor data. The platform displays live feeds, temperature trends, and anomaly alerts across facilities, while cloud subscriptions and on-premises licenses pair with hardware sales and deployment services.

Targets distribution and logistics facilities, manufacturing sites, and data centers across North America and selected international markets. Direct enterprise sales sit alongside distributors and channel partners; the company also installs sensors, integrates the platform, sets initial views and alerts, calibrates equipment, and provides maintenance.

Shifts manufacturing toward third parties while retaining final assembly, calibration, and testing in Beaumont. Hardware remains the largest revenue source as management works to attach software subscriptions, while cloud deployments depend on AWS and certain components come from limited or single-source suppliers.

Company facts

CEOAsim Akram
ListedDec 20, 2023
ExchangeNASDAQ
HeadquartersHouston, TX
CountryUnited States
Employees21
CIK0001863990
ISINUS4569482072

Key statistics

Market cap$10.8M
EPS (ttm)−$8.58
P/E (ttm)−0.6259
ROE-36.1%
P/B0.1760
P/S1.73
Dividend yield
Beta2.55vs XLK 1.13

Year to date −56.6% · Average volume (30d) 22.5K

Analysts

No analyst consensus on record.

Earnings

EPS

Estimate−$0.80
ReportedDue Nov 12, 2026

Revenue

Estimate$3.1M
ReportedDue Nov 12, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 13, 2026Q2 FY26−$1.20−$1.19+0.8%$2.1M$1.7M−19.3%−9.53%
May 13, 2026Q1 FY26−$1.60−$1.23+23.1%$1.7M$1.6M−5.1%+7.55%
Mar 19, 2026Q4 FY25−$4.00−$1.20+70.0%$1.9M$1.4M−26.8%−15.86%
Nov 13, 2025Q3 FY25−$0.09−$0.05+44.4%$1.7M$1.6M−7.4%−17.73%
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Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$1.2M$1.4M$1.6M$1.4M$1.6M$1.7M
Gross profit$694.0K$335.0K$1.0M$876.0K$914.0K$776.0K
Operating income−$4.6M−$3.3M−$1.7M−$1.9M−$2.6M−$2.6M
Net income−$4.4M−$3.3M−$1.7M−$2.3M−$2.5M−$2.5M
Diluted EPS−$5.60−$3.96−$2.00−$1.30−$2.65−$2.63
Gross margin59.3%23.6%64.0%63.1%56.6%45.8%
Operating margin-394.6%-233.8%-108.2%-134.8%-161.6%-153.5%

Fiscal years (4-quarter sums)FY22 $3.2M · FY23 $5.4M · FY24 $7.4M · FY25 $5.6M

Revenue by product · Q2 FY26

Product$930.0K · 55%
Technology Service$739.0K · 44%
Ancillary Services$26.0K · 2%

Revenue by geography · Q2 FY26

Non-US$1.2M · 71%
United States$488.0K · 29%

Balance sheet, Jun 30, 2026Cash & short-term investments $21.0M · Total debt $0 · Total assets $33.3M · Shareholders' equity $28.5M

Dividends

No dividends on record.

Ownership

Institutions 42.95%867.3K sharesInsiders 13.17%265.9K sharesOther 43.88%886.3K shares

Shares outstanding 2.02M · Float 1.15M · 57.1% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Daniel M. Friedberg · director, 10 percent owner, other: See Footnotes131.0K6.48%Form 4Jul 2, 2026
Asim Akram · officer: Chief Executive Officer25.2K1.25%Form 4Jul 20, 2026
Robert Nadolny · officer: Chief Financial Officer23.5K1.16%Form 4Jul 20, 2026
David Gow · director23.0K1.14%Form 4Jul 2, 2026
Stuart V. Flavin · director5.6K0.28%Form 4Jul 2, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

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Peers

  • Teledyne Technologies

    Direct rival in fixed thermal cameras and industrial condition monitoring.

  • Fortive

    Strong overlap in industrial thermography and connected condition monitoring.

  • Emerson Electric

    Competes for predictive-maintenance deployments in industrial plants.

CompareAfter-hours close

CompanyPriceChange
MultiSensor AI$5.31−1.12%$10.8M1.7+19.5%
Teledyne Technologies$621.96+0.02%$28.83B30.024.44.5+9.8%
Fortive$59.690.00%$18.03B35.119.24.2−27.8%
Emerson Electric$156.00+0.53%$86.93B34.022.04.7+7.0%
Median34.022.04.5+7.0%