Marpai Q2 FY26 net loss narrows 35.7% to $0.18 a share; revenue falls 10.5% to $4.17 million

Reuters2026/08/13 20:27

By:Reuters

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Marpai posted a net loss of USD 4.58 million, widening 4.9%, as revenue fell 10.5% to USD 4.17 million.
Operating loss narrowed 4.8% to USD 3.43 million, while net loss per share improved to USD 0.18.
Customer turnover drove the revenue decline; general and administrative costs rose 23.6% to USD 3.07 million.
Liquidity remained tight with USD 138,000 in unrestricted cash and a USD 14.5 million working-capital deficit at June 30, 2026.
Subsequent to quarter-end, it agreed to sell 12,100 Series A Preferred shares for expected gross proceeds of USD 12.1 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marpai Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-089120), on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Marpai Q2 FY26 net loss narrows 35.7% to $0.18 a share; revenue falls 10.5% to $4.17 million

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