Marpai Gross Margin Growth & History (MRAI)
Marpai's gross margin was 26.41% for fiscal 2025.
View full Marpai company overviewMarpai annual gross margin history
2021
2022
2023
2024
2025
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 26.41% | −5.91 pp |
| 2024 | 2024-12-31 | 32.33% | −2.44 pp |
| 2023 | 2023-12-31 | 34.76% | +5.16 pp |
| 2022 | 2022-12-31 | 29.60% | +1.93 pp |
| 2021 | 2021-12-31 | 27.67% | — |
Marpai quarterly gross margin
Q2.21
Q3.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 23.93% | +7.91 pp |
| Q1 2026 | 2026-03-31 | 27.12% | −8.58 pp |
| Q4 2025 | 2025-12-31 | 25.73% | −13.77 pp |
| Q3 2025 | 2025-09-30 | 26.60% | −1.58 pp |
| Q2 2025 | 2025-06-30 | 16.02% | −12.01 pp |
| Q1 2025 | 2025-03-31 | 35.70% | +1.65 pp |
| Q4 2024 | 2024-12-31 | 39.49% | +5.06 pp |
| Q3 2024 | 2024-09-30 | 28.18% | −6.62 pp |
| Q2 2024 | 2024-06-30 | 28.03% | −7.97 pp |
| Q1 2024 | 2024-03-31 | 34.04% | +0.31 pp |
| Q4 2023 | 2023-12-31 | 34.43% | −2.48 pp |
| Q3 2023 | 2023-09-30 | 34.80% | +8.22 pp |
| Q2 2023 | 2023-06-30 | 36.00% | +10.72 pp |
| Q1 2023 | 2023-03-31 | 33.74% | +6.85 pp |
| Q4 2022 | 2022-12-31 | 36.91% | — |
| Q3 2022 | 2022-09-30 | 26.58% | −3.76 pp |
| Q2 2022 | 2022-06-30 | 25.28% | +2.32 pp |
| Q1 2022 | 2022-03-31 | 26.89% | — |
| Q3 2021 | 2021-09-30 | 30.34% | — |
| Q2 2021 | 2021-06-30 | 22.97% | — |
Marpai gross margin trends
Between the periods ended 2021-12-31 and 2025-12-31, Marpai's gross margin decreased from 27.67% to 26.41%, a change of −1.26 percentage points. The latest reported quarter, Q2 2026, shows 23.93%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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