Marpai annual operating expenses
2021
2022
2023
2024
2025
Marpai Operating Expenses Growth & History (MRAI)
Marpai's operating expenses was $31.7M for fiscal 2025.
View full Marpai company overviewMarpai annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $31.7M | −$18.6M | −37.02% |
| 2024 | 2024-12-31 | $50.3M | −$14.9M | −22.83% |
| 2023 | 2023-12-31 | $65.1M | $13.8M | +26.97% |
| 2022 | 2022-12-31 | $51.3M | $21.2M | +70.50% |
| 2021 | 2021-12-31 | $30.1M | — | — |
Marpai quarterly operating expenses
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 | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $7.6M | −$664,000 | −8.04% |
| Q1 2026 | 2026-03-31 | $6.9M | −$740,000 | −9.65% |
| Q4 2025 | 2025-12-31 | $8.9M | −$367,000 | −3.95% |
| Q3 2025 | 2025-09-30 | $6.8M | −$3.3M | −32.38% |
| Q2 2025 | 2025-06-30 | $8.3M | −$11.2M | −57.54% |
| Q1 2025 | 2025-03-31 | $7.7M | −$3.8M | −33.03% |
| Q4 2024 | 2024-12-31 | $9.3M | −$4.6M | −33.05% |
| Q3 2024 | 2024-09-30 | $10.1M | −$5.7M | −36.11% |
| Q2 2024 | 2024-06-30 | $19.5M | $2.1M | +12.39% |
| Q1 2024 | 2024-03-31 | $11.4M | −$6.7M | −37.07% |
| Q4 2023 | 2023-12-31 | $13.9M | −$2.7M | −16.33% |
| Q3 2023 | 2023-09-30 | $15.8M | $5.0M | +46.55% |
| Q2 2023 | 2023-06-30 | $17.3M | $5.1M | +41.71% |
| Q1 2023 | 2023-03-31 | $18.2M | $6.4M | +54.75% |
| Q4 2022 | 2022-12-31 | $16.6M | — | — |
| Q3 2022 | 2022-09-30 | $10.8M | $1.2M | +12.77% |
| Q2 2022 | 2022-06-30 | $12.2M | $4.7M | +62.88% |
| Q1 2022 | 2022-03-31 | $11.8M | — | — |
| Q3 2021 | 2021-09-30 | $9.5M | — | — |
| Q2 2021 | 2021-06-30 | $7.5M | — | — |
Marpai operating expenses trends
Between the periods ended 2021-12-31 and 2025-12-31, Marpai's operating expenses increased from $30.1M to $31.7M, a change of $1.6M. The latest reported quarter, Q2 2026, shows $7.6M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Marpai source filings ↗