Filing Flows › Marpai (MRAI) › Q1 2026 › vs Q4 2025
Marpai (MRAI) Q1 2026 vs Q4 2025 (quarter over quarter)
Marpai's revenue rose $456K (+11%) from $4.0M in Q4 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 Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $4.4M | $4.0M | $456K | +11% |
| Net loss | $3.2M | $5.6M | −$2.4M | -43% |
| Costs & expenses | $7.6M | $9.6M | −$2.0M | -21% |
| Operating costs | $6.9M | $8.9M | −$2.0M | -22% |
| Interest & other, net | $699K | $700K | −$1K | -0.1% |
| Cost of revenue | $3.2M | $3.0M | $277K | +9% |
| Sales & marketing | $229K | $240K | −$11K | -5% |
| General & admin | $2.1M | $4.3M | −$2.2M | -51% |
| Other operating costs | $1.3M | $1.4M | −$76K | -5% |
| Operating cash sources | $3.2M | $5.6M | −$2.4M | -43% |
| Depreciation & amortization | $60K | $60K | $0 | 0% |
| Share-based compensation | $203K | $2.2M | −$2.0M | -91% |
| Working capital & other | $2.4M | −$1.4M | $3.8M | — |
| Cash used in operations | $477K | $4.8M | −$4.3M | -90% |
| Net loss absorbed | $3.2M | $5.6M | −$2.4M | -43% |
Questions
How much did Marpai's revenue grow quarter over quarter in Q1 2026?
Marpai's revenue rose $456K (+11%) from $4.0M in Q4 2025 to $4.4M in Q1 2026.