Marpai MRAI Revenue Breakdown

OTC MRAI
$3.43 +0.11 (+3.31%)
At close: Oct 2, 2026 · 4:00 PM EDT
Annual revenue breakdowns for Marpai, fiscal 2022 to 2023, as reported in its filings.
Annual history

Marpai Revenue by Product & Service

Years FY 2022–2023
Lines 2
FY 2023 Total $37.16M

Third Party Administrator Services was Marpai’s largest product and service line in fiscal 2023, bringing in $36.83M of $37.16M (99%).

Marpai revenue by product and service, fiscal 2022 to 2023
Product and Service FY 2022 FY 2023
Third Party Administrator Services $24.34M $36.83M
Captive Insurance — $325.91K
Total $24.34M $37.16M

Marpai revenue by product and service: what the figures show

Marpai brought in $37.16M from its two product and service lines in fiscal 2023, the year ended December 31, 2023. Marpai regrouped these lines after fiscal 2022, so the total does not compare directly with that year's $24.34M. Third Party Administrator Services was the largest at $36.83M (99.1%), ahead of Captive Insurance at $325.91K (0.9%).

Marpai began breaking out Captive Insurance in fiscal 2023, when it brought in $325.91K.

Questions

Marpai Revenue Breakdown FAQ

How does Marpai make money?

Marpai (MRAI) reports its revenue by product and service. In fiscal 2023, Third Party Administrator Services was its largest product and service line, bringing in $36.83M (99.1% of the total), followed by Captive Insurance at $325.91K (0.9%).

What is Marpai's largest product and service line?

Third Party Administrator Services was Marpai's largest product and service line in fiscal 2023, bringing in $36.83M, or 99.1% of the $37.16M total across its two product and service lines.

Where does this revenue breakdown data come from?

Every figure comes from Marpai's annual financial filings, as reported. Each line keeps the name Marpai gives it, and years follow its fiscal calendar.

How far back does Marpai's revenue breakdown go?

Marpai's revenue by product and service goes back to fiscal 2022, with figures through fiscal 2023. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.