Marpai, Inc. (MRAI)
OQX · Healthcare · Healthcare Plans
Closing price as of 2026-10-28 · Source: TEK2day Finance
Key Metrics
About Marpai, Inc.
Marpai, Inc., together with its subsidiaries, operates as a technology-driven healthcare payer company in the United States. The company provides third-party administrator and value-oriented health plan services to employers that directly pay for employee health benefits. It also offers in-house ancillary services that include clinical care management, a nurse-led guide for at-risk members across the care continuum; repricing insights, which are out-of-network claims; Marpai PACCS, a pharmacy advocacy cost containment solution that is a member-driven pharmacy savings program; and MarpaiRx, a national pharmacy benefit management program. In addition, the company provides health plan administration services, third-party vendor services, and complementary services, such as case management, actuarial, and bill review services. It serves the self-insured employer market through healthcare benefits brokers and consultants. Marpai, Inc. was incorporated in 2021 and is based in Tampa, Florida.
Quarterly Financials
| Metric | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|
| Revenue | 4.0M | 4.0M | 4.4M | 4.2M |
| Gross Profit | 1.1M | 1.0M | 1.2M | 997K |
| Operating Income | (2.8M) | (4.9M) | (2.5M) | (3.4M) |
| Net Income | (3.5M) | (5.6M) | (3.2M) | (4.6M) |
| Diluted EPS | $-0.20 | N/A | $-0.13 | $-0.18 |
Annual Financials
| Metric | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Revenue | 24.3M | 37.2M | 28.2M | 18.1M |
| Gross Profit | 7.2M | 12.9M | 9.1M | 4.8M |
| Operating Income | (26.7M) | (26.4M) | (13.8M) | (13.5M) |
| Net Income | (26.5M) | (28.8M) | (22.1M) | (16.6M) |
| Diluted EPS | $-5.24 | $-4.14 | $-1.92 | $-0.95 |