Marpai (MRAI) Revenue (2021 - 2026)
Marpai (MRAI) reported Revenue of $4.17 million for Q2 2026, down 10.5% from $4.66 million a year earlier and down 6.3% from the prior quarter.
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Analysis
Marpai (MRAI) Revenue (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Marpai's Revenue came in at $16.64 million, down 29.7% year-over-year; for FY2025, it was $18.1 million, down 35.8% from FY2024.
- Revenue has a four-year compound annual growth rate of 6.2% (FY2021 to FY2025).
- By year, Revenue came in at $28.17 million in FY2024 (-24.2%), $37.16 million in FY2023 (+52.6%), $24.34 million in FY2022 (+71.1%) and $14.23 million in FY2021.
- Five-year quarterly Revenue spans a low of $3.99 million in Q4 2025 and a high of $10.05 million in Q2 2023.
- Year over year, Revenue has now declined in each of the last ten quarters, with an average decline of 27.0% over the last eight quarters.
- The high point for year-over-year Revenue in five years was Q2 2023 (growth of 80.8%); the low point was Q3 2025 (a decline of 42.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $4.44 million (Q1 2026), $3.99 million (Q4 2025) and $4.04 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 336.54 Bn | 221.18 Bn | 36.67 Bn | 112.03 Bn |
| 2 | Cvs Health | 110.50 Bn | 63.10 Bn | 47.23 Bn | 106.10 Bn |
| 3 | Mckesson | 105.27 Bn | 91.73 Bn | 3.69 Bn | 105.38 Bn |
| 4 | Elevance Health | 83.85 Bn | -57.90 Bn | 13.45 Bn | 50.47 Bn |
| 5 | Cigna | 71.48 Bn | 41.02 Bn | 14.97 Bn | 71.67 Bn |
| 6 | Cencora | 58.97 Bn | 48.06 Bn | 3.61 Bn | 84.75 Bn |
| 7 | Cardinal Health | 53.10 Bn | 37.10 Bn | 2.56 Bn | 63.67 Bn |
| 8 | Humana | 46.62 Bn | -41.18 Bn | 5.50 Bn | 40.87 Bn |
| 9 | Centene | 31.12 Bn | -59.17 Bn | 14.55 Bn | 53.58 Bn |
| 10 | Marpai | 92.03 Mn | 91.11 Mn | 997,000.00 | 4.17 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.17 Mn |
| Mar 31, 2026 | 4.44 Mn |
| Dec 31, 2025 | 3.99 Mn |
| Sep 30, 2025 | 4.04 Mn |
| Jun 30, 2025 | 4.66 Mn |
| Mar 31, 2025 | 5.42 Mn |
| Dec 31, 2024 | 6.59 Mn |
| Sep 30, 2024 | 7.01 Mn |
| Jun 30, 2024 | 7.19 Mn |
| Mar 31, 2024 | 7.39 Mn |
| Dec 31, 2023 | 8.71 Mn |
| Sep 30, 2023 | 8.73 Mn |
| Jun 30, 2023 | 10.05 Mn |
| Mar 31, 2023 | 9.67 Mn |
| Dec 31, 2022 | 7.63 Mn |
| Sep 30, 2022 | 4.94 Mn |
| Jun 30, 2022 | 5.56 Mn |
| Mar 31, 2022 | 6.22 Mn |
| Dec 31, 2021 | 5.90 Mn |
| Sep 30, 2021 | 4.80 Mn |
API Access
Marpai Revenue 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=revenue&ticker=MRAI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "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=revenue&ticker=MRAI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();