Filing Flows

Filing Flows › Marpai (MRAI) › Q2 2026 › vs Q1 2026

Marpai (MRAI) Q2 2026 vs Q1 2026 (quarter over quarter)

Marpai's revenue fell $278K (-6%) from $4.4M in Q1 2026 to $4.2M in Q2 2026.

Marpai, Q2 2026: revenue $4.2M (-10% year over year), operating margin -82.4%, net loss $4.6M, operating cash flow −$4.1M. The chart draws each line against Q1 2026, the increases inside each band.

Marpai: what changed, Q2 2026 vs Q1 2026Marpai: what changed, Q2 2026 vs Q1 2026Operating cash sources$4.3MCash used in operations$3.6MWorking capital & other$2.9MNet loss$1.4MNet loss absorbed$1.4MCosts & expenses$1.1MGeneral & admin$939KShare-based compensation$714KOperating costs$671KInterest & other, net$451K

Every line

LineQ2 2026Q1 2026Change%
Revenue$4.2M$4.4M−$278K-6%
Net loss$4.6M$3.2M$1.4M+44%
Costs & expenses$8.7M$7.6M$1.1M+15%
Operating costs$7.6M$6.9M$671K+10%
Interest & other, net$1.1M$699K$451K+65%
Cost of revenue$3.2M$3.2M−$70K-2%
Sales & marketing$136K$229K−$93K-41%
General & admin$3.1M$2.1M$939K+44%
Other operating costs$1.2M$1.3M−$105K-8%
Operating cash sources$5.0M$680K$4.3M+638%
Share-based compensation$917K$203K$714K+352%
Cash used in operations$4.1M$477K$3.6M+759%
Net loss absorbed$4.6M$3.2M$1.4M+44%
Working capital & other$433K−$2.4M$2.9M—

Questions

How much did Marpai's revenue grow quarter over quarter in Q2 2026?

Marpai's revenue fell $278K (-6%) from $4.4M in Q1 2026 to $4.2M in Q2 2026.

Q2 2026 results → · Compare in the interactive Sankey →