Marpai Q3 net loss narrows 6% to $3.29 million; revenue rises 10% to $4.42 million
MRAI•Marpai reported a third-quarter net loss of $3.29 million, down 6%, while revenue rose 10% to $4.42 million. Net loss per common share narrowed 35% to $0.13.
1. Quarterly results
Marpai’s third-quarter 2026 revenue rose 10% year over year to $4.42 million, primarily due to growth in ancillary services. Net loss narrowed 6% to $3.29 million, and net loss per common share narrowed 35% to $0.13. A $12.1 million Series A Convertible Preferred Stock financing closed in July, and cash and cash equivalents totaled $360,000 on September 30. Management said it is expanding TPA and PBM business development and accelerating AI-powered claims automation to support growth without corresponding administrative expense increases.
