---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-032178"
form_type: "8-K"
ticker: "MSAI"
cik: "0001863990"
company_name: "MultiSensor AI Holdings, Inc."
filed_at: "2026-03-19T23:59:59+00:00"
generated_at: "2026-05-15T09:41:52.783440+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-26-032178
- form_type: 8-K
- ticker: MSAI
- cik: 0001863990
- company_name: MultiSensor AI Holdings, Inc.
- filed_at: 2026-03-19T23:59:59+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/1863990/000110465926032178/0001104659-26-032178-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1863990/000110465926032178/msai-20260319x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-032178
- JSON: https://secwatch.observer/filing/0001104659-26-032178.json
- Plain text: https://secwatch.observer/filing/0001104659-26-032178.txt

## Key facts
- Earnings Releases
  MultiSensor AI Holdings, Inc. reported the year ended December 31, 2025 results: revenue $5.6 million, net income $11.7 million.
  - Period: the year ended December 31, 2025
  - Revenue: $5.6 million
  - Net income: $11.7 million
  - Result: reported results
  source text: ended December 31, 2025 was $1.9 million, an increase of 88%, compared to $1.0 million for the year ended December 31, 2024. ● Revenue for the year ended December 31, 2025 was $5.6 million, a decrease of 25%, compared to $7.4 million for the year ended December 31, 2024. ● Net loss for the year ended December 31, 2025 was $11.7 million, a decrease of 46%, compared
  evidence_url: https://www.sec.gov/Archives/edgar/data/1863990/000110465926032178/0001104659-26-032178-index.htm

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