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Marpai, Inc.

$3.5 +$2.83 (+422.39%)
OTC · 14 Sep 2026 19:48 UTC
Previous Close
$3.63
Day Range
$3.45$3.65
Year Range
$0.21$4.16
Market Cap
88.52M
AVG Volume
86.73K
Trailing/Forward PE
-4.55/-
PEG ratio
-1.39
Dividend Yield
-
Next Earnings Date
2026-11-11
Primary Exchange
Other OTCUS
Revenue (USD)
010M20M30M40M202020212022202320242025
MRAI Revenue (USD) by year
PeriodRevenue (USD)
202518.1M
202428.17M
202337.16M
202224.34M
202114.23M
20200
Net Income (USD)
-30M-20M-10M0202020212022202320242025
MRAI Net Income (USD) by year
PeriodNet Income (USD)
2025-16.56M
2024-22.09M
2023-29.49M
2022-26.4M
2021-15.99M
2020-3.87M
Operating Income (USD)
-30M-20M-10M0202020212022202320242025
MRAI Operating Income (USD) by year
PeriodOperating Income (USD)
2025-13.54M
2024-22.09M
2023-26.72M
2022-26.62M
2021-15.86M
2020-3.37M
EBITDA (USD)
-30M-20M-10M0202020212022202320242025
MRAI EBITDA (USD) by year
PeriodEBITDA (USD)
2025-13M
2024-21.57M
2023-22.15M
2022-22.55M
2021-13.65M
2020-3.25M
Cash Flows (USD)
-40M-30M-20M-10M0202020212022202320242025
MRAI Cash Flows (USD) by year
PeriodCash Flows (USD)
2025-7.45M
2024-15.16M
2023-15.75M
2022-36.2M
2021-12.54M
2020-2.55M
EPS (USD)
-6-4-20202020212022202320242025
MRAI EPS (USD) by year
PeriodEPS (USD)
2025-0.95
2024-2.07
2023-4.55
2022-2.54
2021-3.91
2020-3.92
Expenses (USD)
010M20M30MR&DSG&ACapex202020212022202320242025
MRAI Expenses (USD) by year
PeriodExpenses (USD)
202512.24M
202414.63M
202327.09M
202223.93M
202116.45M
20203.97M
Cash & Debt (USD)
0500B1T1.5TCashLong Term DebtShort Term Debt202020212022202320242025
MRAI Cash & Debt (USD) by year
PeriodCash & Debt (USD)
2025133K
2024764K
20231.15M
202213.76M
202119.18M
20201.75M
Debt ratios
-0.06-0.04-0.020202320242025
MRAI Debt ratios by year
PeriodDebt ratios
2025-0.01
2024-0
2023-0.05
Margins
0%10%20%30%40%20212022202320242025
MRAI Margins by year
PeriodMargins
202526.08%
202428.95%
202332.28%
202229.6%
202127.67%
Return on Capital
-600%-400%-200%0%200%400%202020212022202320242025
MRAI Return on Capital by year
PeriodReturn on Capital
202550.86%
202479.71%
2023219.41%
2022-430.33%
2021-53.81%
2020110.62%
Shares Outstanding
010M20M30M202020212022202320242025
MRAI Shares Outstanding by year
PeriodShares Outstanding
202521.28M
202413.93M
20237.74M
20225.18M
20214.17M
202018.33M
Book Value Per Share (USD)
-2.502.557.5202020212022202320242025
MRAI Book Value Per Share (USD) by year
PeriodBook Value Per Share (USD)
2025-1.53
2024-1.99
2023-1.74
20221.18
20217.12
2020-0.19
Total Assets (USD)
020M40M60M202020212022202320242025
MRAI Total Assets (USD) by year
PeriodTotal Assets (USD)
202510.9M
202412.88M
202331.68M
202249.95M
202144.2M
20206.53M
Employee Count
010020030040020212022202320242025
MRAI Employee Count by year
PeriodEmployee Count
2025107
2024117
2023162
2022303
2021148
Free Cash Flow Yield
-300%-200%-100%0%med -62.59%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
MRAI Free Cash Flow Yield by year
PeriodFree Cash Flow Yield
Sep 26-9.27%
Sep 26-11.07%
Aug 26-14.83%
Aug 26-14.45%
Aug 26-15.23%
Aug 26-14.39%
Jul 26-14.2%
Jul 26-13.36%
Jul 26-19.19%
Jul 26-51.91%
Jul 26-45.1%
Jun 26-44.28%
Jun 26-48.03%
Jun 26-55.54%
Jun 26-55.55%
May 26-42.33%
May 26-113.08%
May 26-109.07%
May 26-129.74%
May 26-134.73%
Apr 26-127.55%
Apr 26-120.79%
Apr 26-134.73%
Apr 26-106.15%
Mar 26-116.77%
Mar 26-95.47%
Mar 26-87.83%
Mar 26-93.41%
Feb 26-78.28%
Feb 26-96.18%
Feb 26-109.79%
Feb 26-81.32%
Jan 26-55.71%
Jan 26-73.83%
Jan 26-74.43%
Jan 26-63.19%
Jan 26-65.54%
Dec 25-64.58%
Dec 25-62.73%
Dec 25-54.89%
Dec 25-55.73%
Nov 25-43.91%
Nov 25-49.06%
Nov 25-40.29%
Nov 25-37.21%
Oct 25-36.44%
Oct 25-37.21%
Oct 25-35.23%
Oct 25-44.03%
Oct 25-34.54%
Sep 25-48.04%
Sep 25-51.8%
Sep 25-42.96%
Sep 25-39.43%
Aug 25-37.48%
Aug 25-38.57%
Aug 25-36.7%
Aug 25-59.05%
Aug 25-67.06%
Jul 25-60.4%
Jul 25-61.82%
Jul 25-56.52%
Jul 25-58.61%
Jun 25-58.61%
Jun 25-56.93%
Jun 25-56.93%
Jun 25-58.18%
May 25-56.93%
May 25-56.93%
May 25-65.4%
May 25-83.68%
May 25-103.6%
Apr 25-108.78%
Apr 25-103.6%
Apr 25-129.5%
Apr 25-113.32%
Mar 25-108.78%
Mar 25-93.34%
Mar 25-97.44%
Mar 25-108.13%
Feb 25-97.44%
Feb 25-92.56%
Feb 25-97.44%
Feb 25-96.38%
Jan 25-88.67%
Jan 25-88.67%
Jan 25-87.79%
Jan 25-91.41%
Jan 25-98.51%
Dec 24-98.52%
Dec 24-90.25%
Dec 24-70.94%
Dec 24-62.44%
Nov 24-55.42%
Nov 24-62.44%
Nov 24-55.42%
Nov 24-209.09%
Nov 24-226.15%
Oct 24-232.62%
Oct 24-294.05%
Price to Sales
0246med 0.64Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
MRAI Price to Sales by year
PeriodPrice to Sales
Sep 265.64
Sep 264.73
Aug 263.53
Aug 263.62
Aug 263.44
Aug 263.17
Jul 263.21
Jul 263.42
Jul 262.38
Jul 260.88
Jul 261.01
Jun 261.03
Jun 260.95
Jun 260.82
Jun 260.82
May 261.08
May 260.4
May 260.42
May 260.32
May 260.31
Apr 260.32
Apr 260.34
Apr 260.31
Apr 260.39
Mar 260.35
Mar 260.38
Mar 260.42
Mar 260.39
Feb 260.47
Feb 260.38
Feb 260.33
Feb 260.45
Jan 260.66
Jan 260.5
Jan 260.49
Jan 260.58
Jan 260.56
Dec 250.57
Dec 250.58
Dec 250.67
Dec 250.66
Nov 250.84
Nov 250.75
Nov 250.91
Nov 250.93
Oct 250.95
Oct 250.93
Oct 250.98
Oct 250.79
Oct 251
Sep 250.72
Sep 250.67
Sep 250.81
Sep 250.88
Aug 250.92
Aug 250.9
Aug 250.94
Aug 250.76
Aug 250.67
Jul 250.74
Jul 250.72
Jul 250.79
Jul 250.76
Jun 250.76
Jun 250.78
Jun 250.78
Jun 250.77
May 250.78
May 250.78
May 250.68
May 250.64
May 250.52
Apr 250.49
Apr 250.52
Apr 250.42
Apr 250.47
Mar 250.49
Mar 250.38
Mar 250.36
Mar 250.33
Feb 250.36
Feb 250.38
Feb 250.36
Feb 250.37
Jan 250.4
Jan 250.4
Jan 250.4
Jan 250.39
Jan 250.36
Dec 240.36
Dec 240.39
Dec 240.5
Dec 240.56
Nov 240.64
Nov 240.56
Nov 240.64
Nov 240.26
Nov 240.24
Oct 240.23
Oct 240.18
Price to Book
051015med 5Dec 21Mar 22Jun 22Sep 22Nov 22Feb 23Jul 23
MRAI Price to Book by year
PeriodPrice to Book
Jul 231.49
May 233.8
Apr 233.8
Apr 234.71
Apr 2310.88
Apr 235
Mar 235.82
Mar 235.59
Mar 235.03
Mar 235.32
Mar 235.75
Feb 235.72
Feb 235.41
Feb 235.15
Feb 235.5
Jan 235
Jan 235.41
Jan 235
Jan 234.77
Dec 224.19
Dec 224.71
Dec 224.9
Dec 224.95
Dec 225.41
Nov 226.11
Nov 226.69
Nov 225.18
Nov 223.91
Oct 223.95
Oct 224.16
Oct 224
Oct 224.25
Sep 224.33
Sep 224.91
Sep 223.98
Sep 223.95
Sep 223.75
Aug 224.29
Aug 223.54
Aug 222.76
Aug 222.82
Jul 222.6
Jul 222.6
Jul 223.02
Jul 223.31
Jul 223.18
Jun 223.63
Jun 223.11
Jun 224.14
Jun 224.46
May 224.25
May 225.49
May 223
May 220.69
Apr 220.9
Apr 220.79
Apr 220.77
Apr 220.88
Apr 220.96
Mar 227.21
Mar 225.99
Mar 225.56
Mar 225.59
Feb 226.68
Feb 226.83
Feb 225.25
Feb 226.18
Jan 226.65
Jan 227.83
Jan 229.01
Jan 2210.95
Dec 2113.6
Dec 2114.04
Dec 2114.41
Dec 218.97
Dec 219.25
Nov 217.67
Nov 218.13
Nov 2110.64
Nov 2110.88
Oct 2111.22
Marpai, Inc.
MRAI
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News: MRAI

Marpai Expands Relationship with Claritev to Help Reduce Healthcare Costs for Employer Clients

businesswire.com · 17 Aug 2026

Marpai Expands Relationship with Claritev to Help Reduce Healthcare Costs for Employer Clients

MCLEAN, Va.--(BUSINESS WIRE)---- $CTEV #ClaimsManagement--Claritev Corporation (NYSE: CTEV), a healthcare technology, data, and insights company, today announced that Marpai, Inc. (OTCQX: MRAI) has expanded its relationship with Claritev to bring comprehensive pre- and post-payment integrity capabilities to the health plans and claims it administers. Marpai currently uses Claritev's PHCS® Network to provide access to healthcare providers and negotiated rates outside its clients' primary networks. The expanded agreement ex.

Marpai Reports Second Quarter 2026 Financial Results

prnewswire.com · 13 Aug 2026

Marpai Reports Second Quarter 2026 Financial Results

Successful turnaround leads to lower operating costs and improved gross margin; debt restructuring and subsequent financing strengthen capital structure TAMPA, Fla., Aug. 13, 2026 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (OTCQX: MRAI), a leader in innovative healthcare technology, Third-Party Administration (TPA), and Pharmacy Benefit Management ("PBM") services, announced its financial and operational results for the three and six months ended June 30, 2026.

Marpai Announces $12 Million Private Placement led by Mitchell Companies

prnewswire.com · 29 Jul 2026

Marpai Announces $12 Million Private Placement led by Mitchell Companies

TAMPA, Fla., July 29, 2026 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (OTCQX: MRAI), a leader in innovative healthcare technology, Third-Party Administration ("TPA"), and Pharmacy Benefit Management ("PBM") services, today announced that it entered into securities purchase agreements with accredited investors in a private placement of newly designated convertible preferred stock.

Marpai Inc. Announces Debt Restructuring Agreements with JGB Capital and AXA, Reducing Debt Service by $26.4 Million Through 2027 and Enhances Near term Liquidity

prnewswire.com · 20 Jul 2026

Marpai Inc. Announces Debt Restructuring Agreements with JGB Capital and AXA, Reducing Debt Service by $26.4 Million Through 2027 and Enhances Near term Liquidity

Debt restructuring aligns capital structure, with projected operational cash flows, and unlocks capital for growth TAMPA, Fla., July 20, 2026 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (OTCQX: MRAI), a leader in innovative healthcare technology, Third-Party Administration ("TPA"), and Pharmacy Benefit Management ("PBM") services, today announced that it has entered into debt restructuring agreements with JGB Capital, in May 2026, and AXA S.A.

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