Filing Flows › Marpai (MRAI) › Q1 2026 › vs Q1 2025
Marpai (MRAI) Q1 2026 vs Q1 2025 (year over year)
Marpai's revenue fell $974K (-18%) from $5.4M in Q1 2025 to $4.4M in Q1 2026.
Marpai, Q1 2026: revenue $4.4M (-18% year over year), operating margin -55.9%, net loss $3.2M, operating cash flow −$477K. The chart draws each line against Q1 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $4.4M | $5.4M | −$974K | -18% |
| Net loss | $3.2M | $3.1M | $114K | +4% |
| Costs & expenses | $7.6M | $8.5M | −$860K | -10% |
| Operating costs | $6.9M | $7.7M | −$740K | -10% |
| Interest & other, net | $699K | $819K | −$120K | -15% |
| Cost of revenue | $3.2M | $3.5M | −$245K | -7% |
| Sales & marketing | $229K | $245K | −$16K | -7% |
| General & admin | $2.1M | $2.3M | −$153K | -7% |
| Other operating costs | $1.3M | $1.6M | −$319K | -19% |
| Operating cash sources | $3.2M | $3.1M | $114K | +4% |
| Depreciation & amortization | $60K | $107K | −$47K | -44% |
| Share-based compensation | $203K | $574K | −$371K | -65% |
| Working capital & other | $2.4M | $2.3M | $170K | +7% |
| Cash used in operations | $477K | $115K | $362K | +315% |
| Net loss absorbed | $3.2M | $3.1M | $114K | +4% |
Questions
How much did Marpai's revenue grow year over year in Q1 2026?
Marpai's revenue fell $974K (-18%) from $5.4M in Q1 2025 to $4.4M in Q1 2026.