The earnings call presented a mixed picture. While there were significant improvements in operating expenses and loss reductions, the decline in revenue and increased cost of revenues posed challenges. The relaunch of MarpaiRx and a positive outlook for future profitability suggest a strategic shift towards growth.

Company Guidance

During the Marpai Second Quarter 2025 Earnings Webcast, key guidance was provided for the latter half of 2025 and early 2026. The company reported a net revenue of $4.7 million, marking a 35% decline from the previous year, attributed to exiting unprofitable legacy contracts. Despite this, operating expenses were significantly reduced by 70%, and the operating loss improved by 71% over the same period. The comprehensive relaunch of MarpaiRx, their pharmacy benefit management platform, has transferred nearly 2,000 lives as of August, contributing to the anticipation of profitability in Q1 2026. The company continues to invest in new member engagement tools, with these enhancements expected to taper off in Q4. As they enter the busy renewal season, Marpai remains optimistic about the strong sales pipeline and the prospect of substantial growth, with the aim to revolutionize healthcare cost management for self-funded employers in America.

Operating Expense Improvement

Operating expenses were reduced by $9.9 million, marking a 70% improvement over the second quarter of 2024.

Operating and Net Loss Reduction

Operating loss was reduced by $8.7 million, a 71% improvement from the previous year, and net loss improved by $8.7 million or 66% compared to Q2 2024.

MarpaiRx Relaunch

The relaunch of MarpaiRx is proceeding well with nearly 2,000 lives transferred to the program in August, expected to drive future cost savings.

Future Profitability Outlook

The company anticipates reaching profitability by Q1 2026, supported by operating cost reductions and an expected net gain in lives.

Marpai (MRAI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

MRAI Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 17, 2025	2025 (Q3)	- / -	-0.3	―	―	―
Aug 13, 2025	2025 (Q2)	- / -0.28	-1.23	77.24% (+0.95)	―
May 14, 2025	2025 (Q1)	- / -0.21	-0.46	54.35% (+0.25)	―
Mar 26, 2025	2024 (Q4)	- / -0.08	-0.65	87.69% (+0.57)	―
Nov 11, 2024	2024 (Q3)	- / -0.30	-0.98	69.39% (+0.68)	―
Aug 07, 2024	2024 (Q2)	-0.51 / -1.23	-1.1	-11.82% (-0.13)	―
May 09, 2024	2024 (Q1)	-0.43 / -0.46	-1.68	72.62% (+1.22)	―
Mar 26, 2024	2023 (Q4)	- / -0.65	-1.64	60.37% (+0.99)	―
Nov 13, 2023	2023 (Q3)	-0.79 / -0.98	-1.12	12.50% (+0.14)	―	―
Aug 03, 2023	2023 (Q2)	-0.95 / -1.10	-1.36	19.12% (+0.26)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

MRAI Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 13, 2025	$1.44	$1.40	-2.78%
May 14, 2025	$1.35	$1.21	-10.37%
Mar 26, 2025	$1.25	$0.99	-20.80%
Nov 11, 2024	$0.77	$1.05	+36.36%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Marpai (MRAI) report earnings?

Marpai (MRAI) is schdueled to report earning on Nov 17, 2025, After Close (Confirmed).

What is Marpai (MRAI) earnings time?

Marpai (MRAI) earnings time is at Nov 17, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is MRAI EPS forecast?

Currently, no data Available

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing