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Marimed Inc.. (MRMD) Stock Fundamental Analysis & AI Rating 2026

MRMD OTC Medicinal Chemicals & Botanical Products DE CIK: 0001522767
Updated This Month • Analysis: Apr 2, 2026 • SEC Data: 2025-12-31
Combined AI Rating
SELL
74% Confidence
STRONG AGREEMENT
SELL
78% Conf
SELL
70% Conf

📊 MRMD Key Takeaways

Revenue: $159.8M
Net Margin: -9.1%
Free Cash Flow: $6.5M
Current Ratio: 1.00x
Debt/Equity: 1.52x
EPS: $-0.04
AI Rating: SELL with 78% confidence
Marimed Inc.. (MRMD) receives a SELL rating with 74% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $159.8M, net profit margin of -9.1%, and return on equity (ROE) of -29.0%, Marimed Inc.. demonstrates mixed fundamentals in the Materials sector. Below is our complete MRMD stock analysis for 2026.

Is Marimed Inc.. (MRMD) a Good Investment?

Claude

MariMed demonstrates weak operational performance with persistent net losses (-9.1% net margin) despite modest revenue growth and positive free cash flow generation. The company's high leverage (1.52x debt/equity) combined with negative interest coverage and deteriorating profitability creates significant financial strain that outweighs the operational cash generation.

ChatGPT

Revenue growth is minimal while operating and net margins remain negative, leading to poor ROE/ROA and an inability to cover interest from operations. Liquidity is tight (current 1.0x, quick 0.38x) and leverage is elevated (D/E 1.52x), heightening refinancing and execution risk. Positive free cash flow helped by modest capex provides some cushion, but sustainability depends on restoring operating profitability and strengthening the balance sheet.

Why Buy Marimed Inc.. Stock? MRMD Key Strengths

Claude
  • + Positive free cash flow of $6.5M despite net losses, indicating operational efficiency in cash conversion
  • + Respectable gross margin of 36.2% demonstrates pricing power and production efficiency in core operations
  • + Revenue growth maintained at 1.3% YoY in challenging market conditions
ChatGPT
  • + Positive free cash flow with low capex needs
  • + Solid gross margin (36.2%) indicating viable unit economics
  • + Positive shareholders’ equity base

MRMD Stock Risks: Marimed Inc.. Investment Risks

Claude
  • ! Persistent net losses of -$14.5M with negative operating margins (-1.8%) indicate fundamental profitability problems
  • ! High leverage with debt-to-equity ratio of 1.52x and negative interest coverage (-1.7x) creates debt servicing risk
  • ! Severely constrained liquidity with quick ratio of 0.38x and minimal cash reserves of $8.9M relative to $76M long-term debt
ChatGPT
  • ! Negative operating income and interest coverage (-1.7x) signal debt-service strain
  • ! Weak liquidity (current 1.0x, quick 0.38x) limits flexibility
  • ! Tepid revenue growth (+1.3% YoY) with persistent net losses

Key Metrics to Watch

Claude
  • * Path to operating profitability and trend in operating margin
  • * Debt service capacity and refinancing requirements given negative interest coverage
  • * Cash burn rate and runway given low cash balance relative to debt obligations
ChatGPT
  • * Operating margin
  • * Interest coverage

Marimed Inc.. (MRMD) Financial Metrics & Key Ratios

Revenue
$159.8M
Net Income
$-14.5M
EPS (Diluted)
$-0.04
Free Cash Flow
$6.5M
Total Assets
$202.6M
Cash Position
$8.9M

💡 AI Analyst Insight

The relatively thin 4.1% FCF margin may limit capital allocation flexibility.

MRMD Profit Margin, ROE & Profitability Analysis

Gross Margin 36.2%
Operating Margin -1.8%
Net Margin -9.1%
ROE -29.0%
ROA -7.2%
FCF Margin 4.1%

MRMD vs Materials Sector: How Marimed Inc.. Compares

How Marimed Inc.. compares to Materials sector averages

Net Margin
MRMD -9.1%
vs
Sector Avg 10.0%
MRMD Sector
ROE
MRMD -29.0%
vs
Sector Avg 14.0%
MRMD Sector
Current Ratio
MRMD 1.0x
vs
Sector Avg 1.6x
MRMD Sector
Debt/Equity
MRMD 1.5x
vs
Sector Avg 0.6x
MRMD Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Marimed Inc.. Stock Overvalued? MRMD Valuation Analysis 2026

Based on fundamental analysis, Marimed Inc.. shows some fundamental concerns relative to the Materials sector in 2026.

Return on Equity
-29.0%
Sector avg: 14%
Net Profit Margin
-9.1%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.52x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Marimed Inc.. Balance Sheet: MRMD Debt, Cash & Liquidity

Current Ratio
1.00x
Quick Ratio
0.38x
Debt/Equity
1.52x
Debt/Assets
68.0%
Interest Coverage
-1.73x
Long-term Debt
$76.0M

MRMD Revenue & Earnings Growth: 5-Year Financial Trend

MRMD 5-year financial data: Year 2021: Revenue $121.5M, Net Income $2.1M, EPS $0.01. Year 2022: Revenue $134.0M, Net Income $7.2M, EPS $0.02. Year 2023: Revenue $148.6M, Net Income $13.5M, EPS $0.04. Year 2024: Revenue $158.0M, Net Income -$16.0M, EPS $-0.04. Year 2025: Revenue $159.8M, Net Income -$12.5M, EPS $-0.03.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Marimed Inc..'s revenue has grown significantly by 32% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.03 indicates the company is currently unprofitable.

MRMD Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
4.1%
Free cash flow / Revenue

MRMD Quarterly Earnings & Performance

Quarterly financial performance data for Marimed Inc.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $40.6M -$1.0M $0.00
Q2 2025 $39.6M -$1.3M $0.00
Q1 2025 $37.9M -$1.3M $0.00
Q3 2024 $38.8M -$1.0M $0.00
Q2 2024 $36.5M -$958.0K $0.00
Q1 2024 $34.4M -$645.0K $0.00
Q3 2023 $33.9M $2.7M $0.01
Q2 2023 $33.0M -$958.0K $0.00

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Marimed Inc.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$7.7M
Cash generated from operations
Capital Expenditures
$1.2M
Investment in assets
Dividends Paid
-$28.0K
Returned to shareholders

MRMD SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Marimed Inc.. (CIK: 0001522767)

📋 Recent SEC Filings

Date Form Document Action
Apr 3, 2026 4 xslF345X06/wk-form4_1775250262.xml View →
Apr 3, 2026 4 xslF345X06/wk-form4_1775250205.xml View →
Mar 30, 2026 4 xslF345X06/wk-form4_1774914213.xml View →
Mar 12, 2026 10-K mrmd-20251231.htm View →
Mar 11, 2026 8-K mrmd-20260311.htm View →

Frequently Asked Questions about MRMD

What is the AI rating for MRMD?

Marimed Inc.. (MRMD) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (SELL) with 74% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are MRMD's key strengths?

Claude: Positive free cash flow of $6.5M despite net losses, indicating operational efficiency in cash conversion. Respectable gross margin of 36.2% demonstrates pricing power and production efficiency in core operations. ChatGPT: Positive free cash flow with low capex needs. Solid gross margin (36.2%) indicating viable unit economics.

What are the risks of investing in MRMD?

Claude: Persistent net losses of -$14.5M with negative operating margins (-1.8%) indicate fundamental profitability problems. High leverage with debt-to-equity ratio of 1.52x and negative interest coverage (-1.7x) creates debt servicing risk. ChatGPT: Negative operating income and interest coverage (-1.7x) signal debt-service strain. Weak liquidity (current 1.0x, quick 0.38x) limits flexibility.

What is MRMD's revenue and growth?

Marimed Inc.. reported revenue of $159.8M.

Does MRMD pay dividends?

Marimed Inc.. pays dividends, with $0.0M distributed to shareholders in the trailing twelve months.

Where can I find MRMD SEC filings?

Official SEC filings for Marimed Inc.. (CIK: 0001522767) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is MRMD's EPS?

Marimed Inc.. has a diluted EPS of $-0.04.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is MRMD a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Marimed Inc.. has a SELL rating with 74% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is MRMD stock overvalued or undervalued?

Valuation metrics for MRMD: ROE of -29.0% (sector avg: 14%), net margin of -9.1% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy MRMD stock in 2026?

Our dual AI analysis gives Marimed Inc.. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is MRMD's free cash flow?

Marimed Inc..'s operating cash flow is $7.7M, with capital expenditures of $1.2M. FCF margin is 4.1%.

How does MRMD compare to other Materials stocks?

Vs Materials sector averages: Net margin -9.1% (avg: 10%), ROE -29.0% (avg: 14%), current ratio 1.00 (avg: 1.6).

Is Marimed Inc.. carrying too much debt?

MRMD has a debt-to-equity ratio of 1.52x, which is above the Materials sector average of 0.6x. However, the current ratio of 1.00 suggests adequate short-term liquidity.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 2, 2026 | Data as of: 2025-12-31 | Powered by Claude AI