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Marpai, Inc.

$3.63 +$2.96 (+441.79%)
OTC · 11 Sep 2026 20:00 UTC
Previous Close
$3.75
Day Range
$3.63$3.75
Year Range
$0.21$4.16
Market Cap
91.81M
AVG Volume
86.73K
Trailing/Forward PE
-4.71/-
PEG ratio
-1.44
Dividend Yield
-
Next Earnings Date
2026-11-11
Primary Exchange
Other OTCUS
Revenue (USD)
02M4M6M8M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
MRAI Revenue (USD) by quarter
PeriodRevenue (USD)
26 Q24.17M
26 Q14.44M
25 Q43.99M
25 Q34.04M
25 Q24.66M
25 Q15.42M
24 Q46.59M
24 Q37.01M
24 Q27.19M
24 Q17.38M
Net Income (USD)
-15M-10M-5M024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
MRAI Net Income (USD) by quarter
PeriodNet Income (USD)
26 Q2-4.58M
26 Q1-3.18M
25 Q4-5.63M
25 Q3-3.49M
25 Q2-4.37M
25 Q1-3.07M
24 Q4-1.16M
24 Q3-3.56M
24 Q2-13.03M
24 Q1-4.35M
Operating Income (USD)
-15M-10M-5M024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
MRAI Operating Income (USD) by quarter
PeriodOperating Income (USD)
26 Q2-3.43M
26 Q1-2.48M
25 Q4-4.91M
25 Q3-2.77M
25 Q2-3.61M
25 Q1-2.25M
24 Q4-2.69M
24 Q3-3.06M
24 Q2-12.27M
24 Q1-4.07M
EBITDA (USD)
-15M-10M-5M024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
MRAI EBITDA (USD) by quarter
PeriodEBITDA (USD)
26 Q2-3.42M
26 Q1-2.42M
25 Q4-4.83M
25 Q3-2.59M
25 Q2-3.44M
25 Q1-2.14M
24 Q4-2.99M
24 Q3-2.67M
24 Q2-12.98M
24 Q1-2.94M
Cash Flows (USD)
-8M-6M-4M-2M02M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
MRAI Cash Flows (USD) by quarter
PeriodCash Flows (USD)
26 Q2-4.1M
26 Q1-477K
25 Q4-4.76M
25 Q3634K
25 Q2-3.21M
25 Q1-115K
24 Q4-4.91M
24 Q339K
24 Q2-6.71M
24 Q1-3.58M
EPS (USD)
-1.5-1-0.5024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
MRAI EPS (USD) by quarter
PeriodEPS (USD)
26 Q2-0.18
26 Q1-0.13
25 Q4-0.26
25 Q3-0.2
25 Q2-0.28
25 Q1-0.21
24 Q4-0.08
24 Q3-0.3
24 Q2-1.23
24 Q1-0.46
Expenses (USD)
02M4M6MR&DSG&ACapex24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
MRAI Expenses (USD) by quarter
PeriodExpenses (USD)
26 Q23.21M
26 Q12.36M
25 Q44.54M
25 Q32.36M
25 Q22.79M
25 Q12.54M
24 Q43.27M
24 Q33.17M
24 Q24.17M
24 Q14.03M
Cash & Debt (USD)
01M2M3M4MCashLong Term DebtShort Term Debt24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
MRAI Cash & Debt (USD) by quarter
PeriodCash & Debt (USD)
26 Q2138K
26 Q1201K
25 Q4133K
25 Q3445K
25 Q2619K
25 Q1729K
24 Q4764K
24 Q3830K
24 Q21.29M
24 Q1851K
Debt ratios
-0.2-0.15-0.1-0.05-024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
MRAI Debt ratios by quarter
PeriodDebt ratios
26 Q2-0.04
26 Q1-0.04
25 Q4-0.05
25 Q3-0.04
25 Q2-0.03
25 Q1-0.01
24 Q4-0.01
24 Q3-0.13
24 Q2-0.1
24 Q1-0.18
Margins
0%10%20%30%40%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
MRAI Margins by quarter
PeriodMargins
26 Q223.93%
26 Q127.12%
25 Q424.22%
25 Q326.6%
25 Q216.02%
25 Q135.7%
24 Q439.49%
24 Q328.18%
24 Q228.03%
24 Q121.16%
Return on Capital
0%20%40%60%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
MRAI Return on Capital by quarter
PeriodReturn on Capital
26 Q211.78%
26 Q19.03%
25 Q417.28%
25 Q310.48%
25 Q213.5%
25 Q110.16%
24 Q44.17%
24 Q312.92%
24 Q250.76%
24 Q129.98%
Shares Outstanding
010M20M30M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
MRAI Shares Outstanding by quarter
PeriodShares Outstanding
26 Q225.86M
26 Q124.68M
25 Q421.28M
25 Q317.3M
25 Q215.5M
25 Q114.77M
24 Q413.93M
24 Q312.04M
24 Q210.63M
24 Q19.41M
Book Value Per Share (USD)
-3-2-1024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
MRAI Book Value Per Share (USD) by quarter
PeriodBook Value Per Share (USD)
26 Q2-1.5
26 Q1-1.43
25 Q4-1.53
25 Q3-1.93
25 Q2-2.09
25 Q1-2.04
24 Q4-1.99
24 Q3-2.29
24 Q2-2.41
24 Q1-1.54
Total Assets (USD)
010M20M30M40M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
MRAI Total Assets (USD) by quarter
PeriodTotal Assets (USD)
26 Q29.47M
26 Q110.91M
25 Q410.9M
25 Q312.75M
25 Q211.06M
25 Q113.72M
24 Q412.88M
24 Q319.61M
24 Q222.22M
24 Q130.09M
Employee Count
010020030040020212022202320242025
MRAI Employee Count by quarter
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 quarter
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 quarter
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 quarter
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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