Marpai (MRAI) Accumulated Expenses (2020 - 2026)
Marpai (MRAI) posted Accumulated Expenses of $2.46 million for Q2 2026, up 18.7% from $2.07 million a year earlier and up 8.6% from the prior quarter.
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Analysis
Marpai (MRAI) Accumulated Expenses (2020 - 2026) Analysis & Trends
At the end of FY2025, Marpai's Accumulated Expenses came in at $2.12 million, down 18.2% from FY2024.
- Annual Accumulated Expenses has declined for three consecutive years, though with a five-year compound annual growth rate of 51.2% (FY2020 to FY2025).
- In prior years, Marpai's Accumulated Expenses was $2.59 million in FY2024 (-8.2%), $2.82 million in FY2023 (-46.6%), $5.27 million in FY2022 (+108.9%) and $2.53 million in FY2021 (+842.3%).
- The Q2 2026 figure stands as the highest quarterly Accumulated Expenses since Q4 2024.
- On a year-over-year basis, Accumulated Expenses increased in two of the last eight quarters, with an average decline of 14.8%.
- The strongest year-over-year quarter for Accumulated Expenses in the past five years was Q4 2021, with growth of 842.3%; the weakest was Q2 2024, with a decline of 46.6%.
- According to Business Quant data, Accumulated Expenses for the three prior quarters was $2.26 million (Q1 2026), $2.12 million (Q4 2025) and $1.98 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unitedhealth | 336.54 Bn | 221.18 Bn | 36.67 Bn |
| 2 | Cvs Health | 110.50 Bn | 63.10 Bn | 47.23 Bn |
| 3 | Mckesson | 105.27 Bn | 91.73 Bn | 3.69 Bn |
| 4 | Elevance Health | 83.85 Bn | -57.90 Bn | 13.45 Bn |
| 5 | Cigna | 71.48 Bn | 41.02 Bn | 14.97 Bn |
| 6 | Cencora | 58.97 Bn | 48.06 Bn | 3.61 Bn |
| 7 | Cardinal Health | 53.10 Bn | 37.10 Bn | 2.56 Bn |
| 8 | Humana | 46.62 Bn | -41.18 Bn | 5.50 Bn |
| 9 | Centene | 31.12 Bn | -59.17 Bn | 14.55 Bn |
| 10 | Marpai | 92.03 Mn | 91.11 Mn | 997,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.46 Mn |
| Mar 31, 2026 | 2.26 Mn |
| Dec 31, 2025 | 2.12 Mn |
| Sep 30, 2025 | 1.98 Mn |
| Jun 30, 2025 | 2.07 Mn |
| Mar 31, 2025 | 1.91 Mn |
| Dec 31, 2024 | 2.59 Mn |
| Sep 30, 2024 | 2.96 Mn |
| Jun 30, 2024 | 2.64 Mn |
| Mar 31, 2024 | 3.08 Mn |
| Dec 31, 2023 | 2.82 Mn |
| Sep 30, 2023 | 4.66 Mn |
| Jun 30, 2023 | 4.95 Mn |
| Mar 31, 2023 | 3.77 Mn |
| Dec 31, 2022 | 5.27 Mn |
| Sep 30, 2022 | 2.34 Mn |
| Jun 30, 2022 | 2.32 Mn |
| Mar 31, 2022 | 2.17 Mn |
| Dec 31, 2021 | 2.53 Mn |
| Sep 30, 2021 | 1.93 Mn |
API Access
Marpai Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=MRAI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "MRAI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=MRAI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();