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MRTMarti Technologies, Inc.
$1.30$112M
Overview & Verdict
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MRT logoMarti Technologies, Inc.(MRT)Earnings, Financials & Key Ratios

MRT•AMEX
$1.30
Price updated Jul 7, 2026
SectorTechnologyIndustryApplication SoftwareSub-IndustryConsumer social and creator platforms
AboutMarti Technologies Inc. provides urban transportation services to riders in Turkey. It also operates a mobility app that provides multiple transportation services to its riders; and operates a fleet of e-mopeds, e-bikes, and e-scooters. The company was founded in 2018 and is based in Istanbul, Turkey.Show more
  • Revenue$39M+110.3%
  • EBITDA-$16M+70.0%
  • Net Income-$41M+43.9%
  • EPS (Diluted)-0.53+57.6%
  • Gross Margin9.28%+103.7%
  • EBITDA Margin-41.89%+85.7%
  • Operating Margin-51.03%+85.0%
  • Net Margin-105.62%+73.3%

MRT Price & Volume

Marti Technologies, Inc. (MRT) stock price & volume — 10-year historical chart

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Revenue Acceleration Masks Persistent Structural Solvency Risks

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Accelerating
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Liquidity and regulatory exposure

Key Thesis Takeaways

  • Marti Technologies is currently navigating a critical transition from capital-intensive micro-mobility to an asset-light ride-hailing model, evidenced by a 115.4% revenue surge in 2026Q1.
  • While the company achieved a rare positive operating income of $555.5K, the underlying business remains burdened by a $72.3M equity deficit and a precarious $4.8M cash position.
  • Investors should monitor whether this operational pivot can generate sufficient free cash flow to service the company's $88.5M total debt load before liquidity constraints force further dilutive financing.

Verdict Logic

the company's precarious liquidity position, evidenced by a cash balance of only $4.8M against $88.5M in total debt, suggests significant solvency risks that outweigh the recent 115.4% revenue growth.

MRT Growth Metrics

Marti Technologies, Inc. (MRT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years32.08%
3 Years16.24%
TTM46.35%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM29.77%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM19.57%

Return on Capital

10 Years-140.89%
5 Years-143.54%
3 Years-201.97%
Last Year-137.98%

MRT Recent Earnings

Marti Technologies, Inc. (MRT) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 3/12 qtrs (43%)●Beat Revenue 3/12 qtrs (43%)
Q2 2026Latest
May 21, 2026
Metric
Actual
Est
EPS
$0.09+74.3%
$0.35
Rev
$15M+85.9%
$8M
Q2 2026
Apr 13, 2026
Metric
Actual
Est
EPS
$0.29+0.0%
$0.29
Rev
$25M+24.8%
$20M
Q4 2025
Sep 22, 2025
Metric
Actual
Est
EPS
$0.13+58.0%
$0.31
Rev
$7M-50.3%
$14M
Q2 2025
Apr 29, 2025
Metric
Actual
Est
EPS
$0.13+64.8%
$0.37
Rev
$7M-12.5%
$8M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 21, 2026
$0.09vs $0.35+74.3%
$15Mvs $8M+85.9%
Q2 2026Apr 13, 2026
$0.29vs $0.29+0.0%
$25Mvs $20M+24.8%
Q4 2025Sep 22, 2025
$0.13vs $0.31+58.0%
$7Mvs $14M-50.3%
Q2 2025Apr 29, 2025
$0.13vs $0.37+64.8%
$7Mvs $8M-12.5%
Based on last 12 quarters of dataView full earnings history →

Latest MRT News

Recent stock market news and headlines for Marti Technologies, Inc. (MRT)

Business Wire·Jun 29, 2026
Marti Technologies Provides Update on Its Share Repurchase Program

ISTANBUL--(BUSINESS WIRE)--Further to the share repurchase program first initiated on January 10, 2024, and extended and replaced from time to time, Marti Technologies, Inc. (NYSE American: MRT) announces that, since the start of the program, it has repurchased 274,200 MRT ordinary shares at an average price of $2.25 per share, for a total outlay of $618,296. The up to $2.5 million repurchase program, which is subject to a ceiling price of $6.00 per share, will run through October 26, 2026. Abo.

Peers Comparison

Key metrics vs top competitors for Marti Technologies, Inc. (MRT)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
MRT logoMRTMarti Technologies, Inc.Current
$1.30$111.86M-2.45110.3%-105.62%——
BIRD logoBIRDAllbirds, Inc.
$3.47$28.93M-0.37-19.65%-53.36%-173.54%—
LYFT logoLYFTLyft, Inc.
$15.44$5.86B2.279.16%43.82%150.2%—
UBER logoUBERUber Technologies, Inc.
$74.33$153.97B15.7118.28%15.91%32.02%—
DKNG logoDKNGDraftKings Inc.
$26.91$13.34B-3322.2226.99%0.93%7.88%—
TSLA logoTSLATesla, Inc.
$402.90$1.51T373.06-2.93%3.96%4.75%—

Compare MRT vs Peers

Marti Technologies, Inc. (MRT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs BIRD

Most directly comparable listed peer for MRT.

Scale Benchmark

vs TSLA

Larger-name benchmark to compare MRT against a more recognizable public peer.

Peer Set

Compare Top 5

vs BIRD, LYFT, UBER, DKNG

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MRT Frequently Asked Questions

Marti Technologies, Inc. (MRT) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Marti Technologies, Inc.'s revenue?

Marti Technologies, Inc. (MRT) reported $34.9M in revenue for fiscal year 2025. This represents a 257% increase from $9.8M in 2020.

How fast is Marti Technologies, Inc. growing?

Marti Technologies, Inc. (MRT) grew revenue by 110.3% over the past year. This is strong growth.

Is MRT profitable?

Marti Technologies, Inc. (MRT) reported a net loss of $52.7M for fiscal year 2025.

Dividend & Returns
What is Marti Technologies, Inc.'s free cash flow?

Marti Technologies, Inc. (MRT) had negative free cash flow of $18.5M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in MRT back in 2020?

Total return calculator · dividends reinvested · 6+ years of data

See returns →