MultiSensor AI FY2025 revenue $5.6M (-25% YoY), software up 88%, net loss narrows 46%

MultiSensor AI Holdings, Inc.

Software revenue $1.9M (+88% YoY); total revenue $5.6M (-25% YoY).
Net loss $11.7M, narrowed from $21.5M in FY2024; cash $24.4M (+459% YoY).
Active sensors on MSAI Connect rose 59% to ~730 as of Dec 31, 2025.
Received $1.5M in Q4 purchase orders from large global distributor; Manchester Airport Group pilot completed Q1 2026.
First data center pilot purchase order received from a U.S. operator after year-end.

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