Marpai (MRAI) Operating Leases (2020 - 2026)
Marpai's Operating Leases came in at $384,000 for Q2 2026, down 42.2% from $664,000 a year earlier and down 16.0% from the prior quarter.
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Analysis
Marpai (MRAI) Operating Leases (2020 - 2026) Analysis & Trends
At the end of FY2025, Marpai's Operating Leases was $528,000, down 33.4% from FY2024.
- Operating Leases has declined in each of the last three years, though with a five-year compound annual growth rate of 13.3% (FY2020 to FY2025).
- Going back by year, Operating Leases was $793,000 in FY2024 (-78.5%), $3.68 million in FY2023 (-22.8%), $4.77 million in FY2022 (+266.6%) and $1.3 million in FY2021 (+359.6%).
- The Q2 2026 figure represents the lowest quarterly Operating Leases since Q4 2020.
- Year-over-year, Operating Leases has declined for 11 consecutive quarters, with an average decline of 55.9% over the last eight quarters.
- The fastest year-over-year change in Operating Leases over five years came in Q3 2023 (growth of 423.4%), and the weakest in Q3 2025 (a decline of 81.6%).
- Business Quant data shows MRAI's Operating Leases at $457,000 (Q1 2026), $528,000 (Q4 2025) and $598,000 (Q3 2025) in the three quarters before Q2 2026.
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 | 384,000.00 |
| Mar 31, 2026 | 457,000.00 |
| Dec 31, 2025 | 528,000.00 |
| Sep 30, 2025 | 598,000.00 |
| Jun 30, 2025 | 664,000.00 |
| Mar 31, 2025 | 730,000.00 |
| Dec 31, 2024 | 793,000.00 |
| Sep 30, 2024 | 3.26 Mn |
| Jun 30, 2024 | 3.41 Mn |
| Mar 31, 2024 | 3.55 Mn |
| Dec 31, 2023 | 3.68 Mn |
| Sep 30, 2023 | 3.81 Mn |
| Jun 30, 2023 | 3.96 Mn |
| Mar 31, 2023 | 4.61 Mn |
| Dec 31, 2022 | 4.77 Mn |
| Sep 30, 2022 | 728,436.00 |
| Jun 30, 2022 | 944,450.00 |
| Mar 31, 2022 | 1.15 Mn |
| Dec 31, 2021 | 1.30 Mn |
| Sep 30, 2021 | 1.03 Mn |
API Access
Marpai Operating Leases 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=operating-leases&ticker=MRAI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=MRAI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();