Is MultiSensor AI Holdings going out of business?

MultiSensor AI Holdings, Inc. (MSAI) Fundamentals

A quick summary of the latest filed figures while the full analysis loads.

MultiSensor AI Holdings, Inc. (MSAI) scores 16 out of 100 on fundamentals, Distressed / Caution, based on SEC filing data.

Leading signal: ROE quality: -41.11%

Five questions, kept separate

Survival - Stable

22-31 mo of estimated runway from 2026-06-30, based on $21.0M of cash and short-term investments against $9.7M of annual burn.

Business quality - Poor

-216.4% operating margin and -173.9% FCF margin produce a poor Business Quality assessment.

Trajectory - Accelerating

Revenue, operating margin and cash margin improved together. Revenue improved 12.2%; operating margin improved 199.2pp; FCF margin improved 224.8pp. The TTM window includes a mixed-basis Q4 estimate.

Valuation - Extreme expectations

-90.8% normalized FCF yield supports an extreme expectations Valuation assessment on the annual basis.

Event risk - Evidence unavailable

No active asserted adverse event was found in the available filing evidence. The filing evidence is stale or incomplete, so this is not proof of absence.

What the rules read

• ROE quality: -41.11%
• FCF margin: -173.86%
• Revenue CAGR (3Y): -8.59%
• Return on Assets: -35.12%
• Net income trend: 25.95% (Loss narrowing)
• Revenue growth YoY: 19.45% (Industrial YoY) - Early-Stage Surge (low base)
• Asset Efficiency: 0.17x
• Cash Burn Deceleration: -134.34% QoQ improvement (Worsening)
• Revenue Quality: Quality concerns (DSO +180d, Rev +19%)
• Price / Sales: 1.9x (see Valuation)
• Price / Earnings: Unprofitable (see Valuation)
• Effective Tax Rate: 0.27% (loss-making)

Read from filings through 2026-08-13.

Price as of 2026-09-11.