MultiSensor AI Holdings, Inc.
MultiSensor AI Holdings, Inc. (NASDAQ: MSAI) operates as a software-as-a-service and hardware provider specializing in integrated condition monitoring and early threat detection solutions for industrial environments. The company's website is www.multisensorai.com. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What MultiSensor AI Holdings, Inc. does
In the company’s own words
MultiSensor AI Holdings, Inc. (NASDAQ: MSAI) operates as a software-as-a-service and hardware provider specializing in integrated condition monitoring and early threat detection solutions for industrial environments. The company's website is www.multisensorai.com.
The company builds and deploys multi-sensor monitoring platforms that combine thermal imaging, acoustic imaging, vibration monitoring, and visual sensing technologies through a unified edge-to-cloud software architecture. The core product, MSAI Connect, is a condition-based monitoring platform available in both cloud-hosted subscription and on-premises configurations. MSAI Connect processes multi-sensor data in real time to surface early anomaly signals indicating mechanical or electrical degradation, enabling customers to convert potential failures into planned maintenance before downtime or safety incidents occur.
MultiSensor AI operates across three primary target markets: distribution and logistics, manufacturing, and data centers. The company serves customers including e-commerce distribution centers, automotive manufacturers, aerospace and defense companies, and data center operators. As of December 31, 2025, the company had approximately 730 active sensors connected to its platform, representing a 59 percent increase from 460 sensors the prior year. One customer in the distribution and logistics market accounted for 36 percent of total net revenue for the fiscal year ended December 31, 2025.
The company's business model combines recurring software subscription revenue with hardware sales and professional services including installation, commissioning, and maintenance. Hardware encompasses visible-light imagers, infrared imagers across multiple wavelengths, ultraviolet imagers, acoustic imagers, and vibration sensors. The company manufactures certain products in-house at its Beaumont, Texas facility while increasingly utilizing contract manufacturers for high-volume and specialized products.
MultiSensor AI estimates its total addressable market in target regions at approximately $9.0 billion annually, consisting of $6.6 billion in hardware sales and $2.4 billion in software and service sales. The company maintains less than 0.1 percent market penetration in each target market. As of December 31, 2025, MultiSensor AI employed 21 full-time employees in the United States and engages numerous consultants and contractors to supplement its permanent workforce.
Company details
- Sector
- Healthcare
- Industry
- Lab & Analytical Instruments
- Headquarters
- HOUSTON, TX
- Fiscal year end
- December
- CIK
- 1863990
- SIC
- 3827
Financial performance, year by year
Fiscal 2022–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns MultiSensor AI Holdings, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · MultiSensor AI Holdings, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Could not be determined for this company: bond issues.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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