---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-111311"
form_type: "8-K"
ticker: "MSAI"
cik: "0001863990"
company_name: "MultiSensor AI Holdings, Inc."
filed_at: "2025-11-13T23:59:59+00:00"
generated_at: "2026-05-16T20:35:53.106879+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# MultiSensor AI Q3 net loss down 80% YoY to $1.7M; software revenue surges 114%

## Summary
- Revenue $1.6M (flat YoY, +11% QoQ); gross margin 64% (down 3pp YoY, +40pp QoQ).
- Software revenue $0.6M, up 114% YoY and 54% QoQ; active sensors 665 (+167% YoY).
- Net loss improved to $1.7M from $8.2M in Q3 2024; cost optimization cited as key driver.
- Raised ~$26M net in two capital raises shortly after quarter-end for financial flexibility.
- Realigned under Early Threat Detection and Reliability Maintenance Engineering offerings; first North American deployments with global distribution leader.

## SEC filing metadata
- accession: 0001104659-25-111311
- form_type: 8-K
- ticker: MSAI
- cik: 0001863990
- company_name: MultiSensor AI Holdings, Inc.
- filed_at: 2025-11-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1863990/000110465925111311/0001104659-25-111311-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1863990/000110465925111311/msai-20251113x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-111311
- JSON: https://secwatch.observer/filing/0001104659-25-111311.json
- Plain text: https://secwatch.observer/filing/0001104659-25-111311.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.