Marti Technologies, Inc. (MRT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 15.43M | 7.16M | 7.16M | 5.13M | 5.13M | 4.2M | 4.2M | 10.3M | 246.24K | 4.74M | 4.74M | 6.25M | 0 | 4.87M | 4.87M | 3.4M | 0 |
| Revenue Growth % | 115.37% | 70.38% | 70.38% | -50.23% | 1981.57% | -11.34% | -11.34% | 64.66% | - | -2.53% | -2.53% | 83.98% | - | - | - | - | - |
| Cost of Goods Sold | 5.11M | 3.68M | 3.68M | 5.83M | 5.83M | 4.94M | 4.94M | 21.26M | -4.88M | 6.49M | 6.49M | 8.6M | 0 | 5.78M | 5.78M | 4.05M | 0 |
| COGS % of Revenue | 33.14% | 51.43% | 51.43% | 113.77% | 113.77% | 117.57% | 117.57% | 206.4% | -1980.44% | 136.89% | 136.89% | 137.44% | - | 118.75% | 118.75% | 119.09% | - |
| Gross Profit | 10.32M | 3.48M | 3.48M | -705.61K | -705.61K | -738.89K | -738.89K | -10.96M | 5.12M | -1.75M | -1.75M | -2.34M | 0 | -912.43K | -912.44K | -649.06K | 0 |
| Gross Margin % | 66.86% | 48.57% | 48.57% | -13.77% | -13.77% | -17.57% | -17.57% | -106.4% | 2080.44% | -36.89% | -36.89% | -37.44% | - | -18.75% | -18.75% | -19.09% | - |
| Gross Profit Growth % | 196.46% | 570.9% | 570.9% | 93.56% | -113.77% | 57.76% | 57.76% | -367.96% | - | -91.74% | -91.74% | -260.75% | - | - | - | - | - |
| Operating Expenses | 9.76M | 9.75M | 9.75M | 22.84M | 22.84M | 8.37M | 8.37M | 13.27M | -2.6M | 5.3M | 5.3M | 4.88M | 1.03M | 2.28M | 2.28M | 3.15M | 146.25K |
| OpEx % of Revenue | 63.26% | 136.09% | 136.09% | 445.6% | 445.6% | 199.09% | 199.09% | 128.83% | -1056.78% | 111.81% | 111.81% | 78.07% | - | 46.8% | 46.8% | 92.63% | - |
| Selling, General & Admin | 8.74M | 7.63M | 7.63M | 21.54M | 21.54M | 7.76M | 7.76M | 9.03M | -1.38M | 4.43M | 4.43M | 4.24M | 1.03M | 1.81M | 1.81M | 1.86M | 146.25K |
| SG&A % of Revenue | 56.67% | 106.46% | 106.46% | 420.26% | 420.26% | 184.51% | 184.51% | 87.69% | -561.35% | 93.41% | 93.41% | 67.73% | - | 37.13% | 37.13% | 54.83% | - |
| Research & Development | 1.02M | 555.62K | 555.62K | 675.84K | 675.84K | 305.66K | 305.66K | 1.38M | -927.49K | 750.24K | 750.24K | 737.29K | 0 | 286.43K | 286.43K | 415.21K | 0 |
| R&D % of Revenue | 6.59% | 7.76% | 7.76% | 13.19% | 13.19% | 7.27% | 7.27% | 13.42% | -376.66% | 15.82% | 15.82% | 11.79% | - | 5.89% | 5.89% | 12.21% | - |
| Other Operating Expenses | 0 | 1000K | 1000K | 623.18K | 623.18K | 307.32K | 307.32K | 1000K | -292.44K | 0 | 0 | -90.23K | 0 | 0 | 0 | 869.83K | 0 |
| Operating Income | 555.45K | -6.27M | -6.27M | -23.55M | -23.55M | -9.11M | -9.11M | -24.22M | 7.73M | -7.05M | -7.05M | -7.22M | -1.03M | -3.19M | -3.19M | -3.8M | -146.25K |
| Operating Margin % | 3.6% | -87.52% | -87.52% | -459.37% | -459.37% | -216.66% | -216.66% | -235.22% | 3137.22% | -148.7% | -148.7% | -115.51% | - | -65.55% | -65.55% | -111.73% | - |
| Operating Income Growth % | 108.86% | 31.18% | 31.18% | 2.8% | -404.8% | -29.17% | -29.17% | -235.31% | 853.57% | -121.11% | -121.11% | -90.21% | -600.97% | - | - | - | - |
| EBITDA | 1.41M | -5.37M | -5.37M | -21.38M | -21.38M | -6.93M | -6.93M | -19.01M | 7.89M | -4.72M | -4.72M | -6.61M | -998.05K | -772.6K | -772.6K | -691.23K | -144.65K |
| EBITDA Margin % | 9.14% | -74.98% | -74.98% | -417.11% | -417.11% | -164.82% | -164.82% | -184.63% | 3203.04% | -99.44% | -99.44% | -105.64% | - | -15.88% | -15.88% | -20.33% | - |
| EBITDA Growth % | 126.24% | 22.49% | 22.49% | -12.44% | -371.07% | -46.94% | -46.94% | -187.78% | 890.25% | -510.41% | -510.41% | -855.86% | -589.98% | - | - | - | - |
| D&A (Non-Cash Add-back) | 854.08K | 897.78K | 897.78K | 2.17M | 2.17M | 2.18M | 2.18M | 5.21M | 162.07K | 2.34M | 2.34M | 617.4K | 27.08K | 2.42M | 2.42M | 3.11M | 1.59K |
| EBIT | 555.45K | -6.27M | -6.27M | -23.55M | -23.55M | -9.11M | -9.11M | -21.3M | 5.61M | -7.05M | -7.05M | -4.87M | -630.94K | -3.19M | -3.19M | -7.82M | -144.65K |
| Net Interest Income | -3.77M | -2.9M | -2.9M | -3.16M | -3.16M | 0 | 0 | -5.68M | -1.03M | 0 | 0 | -60.26K | 0 | 0 | 0 | 259.88K | 0 |
| Interest Income | 374.31K | 0 | 0 | 0 | 0 | 0 | 0 | 224.18K | 4.01M | 1.05M | 1.05M | 65.77K | 394.19K | 127.12K | 127.13K | 79.88K | 1.59K |
| Interest Expense | 4.15M | 2.9M | 2.9M | 3.16M | 3.16M | 0 | 0 | 5.88M | 0 | 0 | 0 | 78.88K | 0 | 0 | 0 | -180K | 0 |
| Other Income/Expense | -7.98M | -3.37M | -3.37M | -2.46M | -2.46M | -1.83M | -1.83M | -2.96M | -1.03M | 386.66K | 386.66K | 2.28M | 394.19K | -127.13K | -127.13K | -3.83M | 1.59K |
| Pretax Income | -7.43M | -9.64M | -9.64M | -26.01M | -26.01M | -10.93M | -10.93M | -27.18M | 6.7M | -6.67M | -6.67M | -4.95M | -630.94K | -3.32M | -3.32M | -7.62M | -144.65K |
| Pretax Margin % | -48.14% | -134.57% | -134.57% | -507.37% | -507.37% | -260.07% | -260.07% | -263.94% | 2720.02% | -140.55% | -140.55% | -79.1% | - | -68.16% | -68.16% | -224.28% | - |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 887.65K | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | -11.64% | 0% |
| Net Income | -7.43M | -9.64M | -9.64M | -26.01M | -26.01M | -10.93M | -10.93M | -27.18M | 6.7M | -6M | -6M | -4.95M | -630.94K | -3.32M | -3.32M | -8.51M | -144.65K |
| Net Margin % | -48.14% | -134.57% | -134.57% | -507.37% | -507.37% | -260.07% | -260.07% | -263.94% | 2720.02% | -126.52% | -126.52% | -79.1% | - | -68.16% | -68.16% | -250.39% | - |
| Net Income Growth % | 22.96% | 11.85% | 11.85% | 4.33% | -488.28% | -82.23% | -82.23% | -449.46% | 1161.55% | -80.92% | -80.92% | 41.88% | -336.18% | - | - | - | - |
| Net Income (Continuing) | -7.43M | -9.64M | -9.64M | -26.01M | -26.01M | -10.93M | -10.93M | -27.18M | 6.7M | -6.67M | -6.67M | -4.95M | -630.94K | -3.32M | -3.32M | -8.51M | -144.65K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.09 | -0.13 | -0.13 | -0.45 | -0.45 | -0.19 | -0.19 | -0.16 | -0.16 | -0.17 | -0.17 | -0.17 | -0.02 | -0.10 | -0.10 | -0.24 | -0.00 |
| EPS Growth % | 33.62% | 31.58% | 31.58% | -181.25% | -181.25% | -11.76% | -11.76% | 5.88% | -809.09% | -76.9% | -76.9% | 29.17% | - | - | - | - | - |
| EPS (Basic) | -0.09 | -0.13 | -0.13 | -0.45 | -0.45 | -0.19 | -0.19 | -0.16 | -0.16 | -0.17 | -0.17 | -0.17 | -0.02 | -0.10 | -0.10 | -0.24 | -0.00 |
| Diluted Shares Outstanding | 86.04M | 73.96M | 73.96M | 58.39M | 58.39M | 57.82M | 57.82M | 66.61M | 66.61M | 34.55M | 34.55M | 28.75M | 35.94M | 34.5M | 34.5M | 35.09M | 35.94M |
| Basic Shares Outstanding | 86.04M | 73.96M | 73.96M | 58.39M | 58.39M | 57.82M | 57.82M | 66.61M | 66.61M | 34.55M | 34.55M | 28.75M | 35.94M | 34.5M | 34.5M | 35.09M | 35.94M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |