Marpai annual r&d spending
2020
2021
2022
2023
2024
2025
Marpai R&D Spending Growth & History (MRAI)
Marpai's r&d spending was $7,000 for fiscal 2025.
View full Marpai company overviewMarpai annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $7,000 | −$22,000 | −75.86% |
| 2024 | 2024-12-31 | $29,000 | −$1.3M | −97.79% |
| 2023 | 2023-12-31 | $1.3M | −$2.4M | −64.64% |
| 2022 | 2022-12-31 | $3.7M | $2.0M | +113.85% |
| 2021 | 2021-12-31 | $1.7M | −$32,424 | −1.84% |
| 2020 | 2020-12-31 | $1.8M | — | — |
Marpai quarterly r&d spending
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
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
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | $0 | −$7,000 | — |
| Q3 2025 | 2025-09-30 | $0 | −$7,000 | — |
| Q2 2025 | 2025-06-30 | $0 | −$8,000 | — |
| Q1 2025 | 2025-03-31 | $7,000 | $0 | 0.00% |
| Q4 2024 | 2024-12-31 | $7,000 | −$14,000 | −66.67% |
| Q3 2024 | 2024-09-30 | $7,000 | −$260,000 | −97.38% |
| Q2 2024 | 2024-06-30 | $8,000 | −$515,000 | −98.47% |
| Q1 2024 | 2024-03-31 | $7,000 | −$493,000 | −98.60% |
| Q4 2023 | 2023-12-31 | $21,000 | −$1.0M | −97.95% |
| Q3 2023 | 2023-09-30 | $267,000 | −$514,750 | −65.85% |
| Q2 2023 | 2023-06-30 | $523,000 | −$786,157 | −60.05% |
| Q1 2023 | 2023-03-31 | $500,000 | −$93,107 | −15.70% |
| Q4 2022 | 2022-12-31 | $1.0M | $408,281 | +66.30% |
| Q3 2022 | 2022-09-30 | $781,750 | $212,933 | +37.43% |
| Q2 2022 | 2022-06-30 | $1.3M | $1.0M | +358.77% |
| Q1 2022 | 2022-03-31 | $593,107 | $329,096 | +124.65% |
| Q4 2021 | 2021-12-31 | $615,773 | — | — |
| Q3 2021 | 2021-09-30 | $568,817 | $97,874 | +20.78% |
| Q2 2021 | 2021-06-30 | $285,363 | — | — |
| Q1 2021 | 2021-03-31 | $264,011 | — | — |
| Q3 2020 | 2020-09-30 | $470,943 | — | — |
Marpai r&d spending trends
Over the last five fiscal years, Marpai's r&d spending decreased from $1.8M to $7,000, a change of −$1.8M. The latest reported quarter, Q4 2025, shows $0.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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