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Marti Technologies, Inc.

MRTNYSEAMERICANTechnologySoftware - Application

$1.95Today:- (-)1Y −14.29%

As of Oct 26, 2026 close

Market cap
$167.96M
P/E (TTM)
-
Forward P/E
-
Dividend yield
-
52-week range
$1.12$2.75
Volume (live)
-
Avg. volume (3M)
47.47K

Marti Technologies (MRT) Income Statement

Marti Technologies reported revenue of $39.24M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 110.3% from $18.66M a year earlier. Marti Technologies posted a net loss of $41.45M, compared with a net loss of $73.88M a year earlier. Gross margin was 9.3% and operating margin -51.0%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $19.98M, up 140.7% from the same quarter a year earlier.

Marti Technologies Income Statement Analysis

Values in millions USD

Income StatementBalance SheetCash FlowRatios
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Marti Technologies, Inc. income statement - Annual data in millions USD
BreakdownFY 2025FY 2024FY 2023FY 2022FY 2022FY 2021FY 2020
Period endingDec 2025Dec 2024Dec 2023Mar 2023Dec 2022Dec 2021Dec 2020
Revenue & Gross Profit
Revenue39.2418.6620.0324.9924.9917.009.76
Cost of Revenue35.6065.8723.9832.9726.9816.409.52
Gross Profit3.64-47.21-4.06-7.98-2.100.040.24
Operating Expenses
Research & Development3.011.961.951.881.881.040.54
Selling, General & Administrative20.0513.7122.374.1310.656.863.14
Operating Expenses23.6716.2426.556.7712.789.104.20
Operating Income-20.02-63.45-30.60-14.75-14.88-9.05-3.95
Other Income/Expense
Interest Income0.631.013.562.572.570.180.02
Interest Expense15.649.98-6.741.93-1.88-0.610.26
Other Income/Expense-6.41-10.43-3.210.500.64-4.53-0.68
Income
Income Before Tax-41.45-73.88-33.81-14.25-14.25-13.58-4.63
Income Tax Expense0.000.000.000.00-0.890.00
Net Income-41.45-73.88-33.81-14.25-14.25-14.47-4.63
Net Income - Continuous Operations-41.45-73.88-33.81-14.25-14.25-14.47-4.63
Net Income - Discontinued Operations-------
EBITDA-22.22-55.21-19.71-3.26-5.61-3.541.01
EBIT-25.80-63.90-29.76--14.71-9.02-4.03
Depreciation & Amortization0.508.6910.049.109.105.475.37
Earnings Per Share
Basic EPS--1.00-1.00----
Diluted EPS--1.00-1.00----
Basic Shares Outstanding85.9158.9750.5844.1144.1134.2448.57
Diluted Shares Outstanding85.9158.9750.5844.1144.1134.2448.57

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Marti Technologies Financial Statements

What was Marti Technologies's revenue in fiscal 2025?

Marti Technologies reported revenue of $39.24M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 110.3% from $18.66M a year earlier.

Is Marti Technologies profitable?

No. Marti Technologies reported a net loss of $41.45M in fiscal 2025. In fiscal 2024 it lost $73.88M.

What is Marti Technologies's operating margin?

Marti Technologies's operating income was −$20.02M on revenue of $39.24M in fiscal 2025, an operating margin of -51.0%, compared with -340.0% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition