Marpai (MRAI) EBITDA (2020 - 2026)
Marpai (MRAI) reported EBITDA of -$2.41 million for Q3 2026, compared with -$2.67 million a year earlier.
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Analysis
Marpai (MRAI) EBITDA (2020 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Marpai's EBITDA came in at -$13.08 million; for FY2025, it was -$13.21 million.
- By year, EBITDA came in at -$19.63 million in FY2024, -$24.08 million in FY2023, -$23.42 million in FY2022 and -$13.87 million in FY2021.
- The Q3 2026 figure ranks as the highest quarterly EBITDA since Q1 2025.
- Per Business Quant data, the three quarters before Q3 2026 came in at -$3.37 million (Q2 2026), -$2.43 million (Q1 2026) and -$4.87 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 365.22 Bn | 251.88 Bn | 35.71 Bn | 7.64 Bn |
| 2 | Mckesson | 127.33 Bn | 111.26 Bn | 3.96 Bn | 1.80 Bn |
| 3 | Cvs Health | 114.34 Bn | 63.29 Bn | 47.21 Bn | 4.70 Bn |
| 4 | Elevance Health | 92.86 Bn | -49.61 Bn | 13.65 Bn | 2.52 Bn |
| 5 | Cigna | 78.25 Bn | 47.45 Bn | 15.09 Bn | 3.26 Bn |
| 6 | Cencora | 68.51 Bn | 68.51 Bn | 3.60 Bn | - |
| 7 | Cardinal Health | 64.97 Bn | 48.29 Bn | 2.60 Bn | 1.00 Bn |
| 8 | Humana | 54.10 Bn | -36.68 Bn | 4.83 Bn | 262.00 Mn |
| 9 | Centene | 35.04 Bn | -39.00 Bn | 8.24 Bn | 42.56 Bn |
| 10 | Marpai | 51.68 Mn | 50.85 Mn | 1.02 Mn | -2.41 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -2.41 Mn |
| Jun 30, 2026 | -3.37 Mn |
| Mar 31, 2026 | -2.43 Mn |
| Dec 31, 2025 | -4.87 Mn |
| Sep 30, 2025 | -2.67 Mn |
| Jun 30, 2025 | -3.51 Mn |
| Mar 31, 2025 | -2.15 Mn |
| Dec 31, 2024 | -2.44 Mn |
| Sep 30, 2024 | -2.78 Mn |
| Jun 30, 2024 | -11.36 Mn |
| Mar 31, 2024 | -3.11 Mn |
| Dec 31, 2023 | -4.23 Mn |
| Sep 30, 2023 | -6.10 Mn |
| Jun 30, 2023 | -6.27 Mn |
| Mar 31, 2023 | -7.48 Mn |
| Dec 31, 2022 | -7.85 Mn |
| Sep 30, 2022 | -4.97 Mn |
| Jun 30, 2022 | -5.89 Mn |
| Mar 31, 2022 | -4.71 Mn |
| Dec 31, 2021 | -5.01 Mn |
API Access
Marpai EBITDA 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=ebitda&ticker=MRAI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=MRAI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();