Marpai, Inc. Financial Summary

Quick Answer

Marpai, Inc. reported Total Revenue of $18.10 million for fiscal year 2025.

Marpai, Inc. — Key Financials by Year

Metric 2025 2024 2023 2022 2021 2020
Total Revenue $18.10M
-35.8%
$28.17M
-24.2%
$37.16M
+52.6%
$24.34M
+71.1%
$14.23M
Revenue (ASC 606) $37.16M
+52.6%
$24.34M
+71.1%
$14.23M
Net Income -$16.56M
+25.0%
-$22.09M
+23.2%
-$28.75M
-8.6%
-$26.47M
-65.6%
-$15.98M
-313.3%
-$3.87M
Diluted EPS -$0.95
+50.5%
-$1.92
+53.6%
-$4.14
+20.8%
-$5.23
-228.9%
-$1.59
+0.6%
-$1.60
Total Assets $10.90M
-15.3%
$12.88M
-59.3%
$31.68M
-36.6%
$49.95M
+13.0%
$44.20M
+576.7%
$6.53M
Cash and Equivalents $133.0K
-82.6%
$764.0K
-33.4%
$1.15M
-91.7%
$13.76M
-28.2%
$19.18M
+993.3%
$1.75M
Stockholders Equity -$32.56M
-17.5%
-$27.71M
-106.2%
-$13.44M
-319.0%
$6.13M
-79.3%
$29.71M
+949.7%
-$3.50M
-300.4%
R&D Expense $7.0K
-75.9%
$29.0K
-97.8%
$1.31M
-64.6%
$3.71M
+113.8%
$1.73M
-1.8%
$1.77M
Operating Income -$13.55M
+38.6%
-$22.09M
+21.1%
-$27.98M
-3.8%
-$26.96M
-70.0%
-$15.86M
-371.0%
-$3.37M
Shares Outstanding 24.04M
+68.8%
14.24M
+78.8%
7.96M
+49.6%
5.32M
-73.8%
20.30M
+14158.5%
142,369

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue September 30, 2025 $4.04M -42.4% -13.3%
Revenue (ASC 606) September 30, 2024 $7.01M -19.7% -2.5%
Net Income September 30, 2025 -$3.49M +1.9% +20.1%
Diluted EPS September 30, 2025 -$0.20 +33.3% +28.6%
Total Assets September 30, 2025 $12.75M -35.0% +15.3%
Cash and Equivalents September 30, 2025 $445.0K -46.4% -28.1%
Stockholders Equity September 30, 2025 -$33.35M -21.0% -3.0%
R&D Expense March 31, 2025 $7.0K +0.0% +0.0%
Operating Income September 30, 2025 -$2.77M +9.4% +23.2%
Shares Outstanding September 30, 2025 18.46M +34.2% +11.6%
  • Marpai, Inc. reported Total Revenue of $18.10 million for fiscal year 2025.
  • Marpai, Inc. showed a decrease of -35.8% in Total Revenue compared to the prior fiscal year.
  • Marpai, Inc. reported Revenue (ASC 606) of $37.16 million for fiscal year 2023.
  • Marpai, Inc. showed an increase of +52.6% in Revenue (ASC 606) compared to the prior fiscal year.
  • Marpai, Inc. reported Net Income of -$16.56 million for fiscal year 2025.
  • Marpai, Inc. showed an increase of +25.0% in Net Income compared to the prior fiscal year.
  • Marpai, Inc. reported Diluted EPS of $0.95 per share (loss) for fiscal year 2025.
  • Marpai, Inc. showed an increase of +50.5% in Diluted EPS compared to the prior fiscal year.
  • Marpai, Inc. reported Total Assets of $10.90 million for fiscal year 2025.
  • Marpai, Inc. showed a decrease of -15.3% in Total Assets compared to the prior fiscal year.
  • Marpai, Inc. reported Cash and Equivalents of $133.0 thousand for fiscal year 2025.
  • Marpai, Inc. showed a decrease of -82.6% in Cash and Equivalents compared to the prior fiscal year.
  • Marpai, Inc. reported Stockholders Equity of -$32.56 million for fiscal year 2025.
  • Marpai, Inc. showed a decrease of -17.5% in Stockholders Equity compared to the prior fiscal year.
  • Marpai, Inc. reported R&D Expense of $7.0 thousand for fiscal year 2025.
  • Marpai, Inc. showed a decrease of -75.9% in R&D Expense compared to the prior fiscal year.
  • Marpai, Inc. reported Operating Income of -$13.55 million for fiscal year 2025.
  • Marpai, Inc. showed an increase of +38.6% in Operating Income compared to the prior fiscal year.
  • Marpai, Inc. reported Shares Outstanding of 24.04 million shares for fiscal year 2025.
  • Marpai, Inc. showed an increase of +68.8% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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