Marti Technologies, Inc. (MRT)
| Market Cap | 179.55M |
| Revenue (ttm) | 39.24M |
| Net Income (ttm) | -41.45M |
| Shares Out | 85.91M |
| EPS (ttm) | -0.53 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 10,842 |
| Open | 2.110 |
| Previous Close | 2.130 |
| Day's Range | 2.050 - 2.113 |
| 52-Week Range | 1.970 - 3.700 |
| Beta | 0.32 |
| Analysts | Strong Buy |
| Price Target | 3.58 (+71.29%) |
| Earnings Date | Aug 8, 2018 |
About MRT
Marti Technologies, Inc. provides tech-enabled urban transportation services to riders in Turkey. It operates a mobility app that provides multiple transportation services, such as a ride-hailing service which matches riders with car, motorcycle, and taxi drivers, as well as operates a fleet of e-mopeds, e-bikes, and e-scooters. The company was founded in 2018 and is headquartered in Istanbul, Turkey. [Read more]
Financial Performance
In 2025, Marti Technologies's revenue was $39.24 million, an increase of 110.30% compared to the previous year's $18.66 million. Losses were -$41.45 million, -43.90% less than in 2024.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for MRT stock is "Strong Buy." The 12-month stock price target is $3.58, which is an increase of 71.29% from the latest price.
News
Marti Announces a New Share Repurchase Program
ISTANBUL--(BUSINESS WIRE)--Türkiye's leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) today announced a new share repurchase program. The Company's B...
Marti Technologies, Inc. Files Annual Report on Form 20-F for Fiscal Year 2025
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, announced that it has filed its annual report on Form 20-F, i...
Marti Technologies Earnings Call Transcript: H2 2025
Revenue more than doubled to $39.2M in 2025, with gross margin rising to 61.1% and adjusted EBITDA loss narrowing by 37%. Guidance for 2026 targets $70M revenue and positive adjusted EBITDA, supported by continued expansion and platform monetization.
Marti Revenue Increases 110%, Delivers 61% Gross Profit Margin for Full-Year 2025
ISTANBUL--(BUSINESS WIRE)--Türkiye's leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) today announced its financial and operational results for the f...
Marti Technologies, Inc. to Report 2025 Fiscal Year Results on April 13, 2026
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti”) (NYSE American: MRT), Türkiye's leading mobility super app, will announce its financial and operational results for the fiscal year ended ...
Marti's Ride-Hailing Service Reaches 3.80 Million Riders and 490 Thousand Registered Drivers, Exceeding March 31, 2026 Targets
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, announced today that as of March 17, 2026, Marti's ride-haili...
Marti Launches Shareholder Loyalty Program
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, today announced the launch of the Marti Shareholder Loyalty P...
Marti's Ride-Hailing Service Reaches 3.38 Million Riders and 450 Thousand Registered Drivers, Exceeding December 31, 2025 Targets
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, announced today that as of December 31, 2025, Marti's ride-ha...
Marti Technologies On Track to Exceed 2025 Guidance, Introduces 2026 Outlook with More than Double Revenue Growth and Positive EBITDA
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, today announced that it expects to exceed guidance for 2025. ...
Marti Releases New Sustainability Report
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, today released its 2024 Sustainability Report. The report hig...
Marti Integrates Public Transportation Options Into Mobility Super App
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or “the Company”) (NYSE American: MRT), Türkiye's leading mobility super app, today announced the inclusion of public transportation integr...
Marti Technologies Expands Ride-Hailing Service to 10 Additional Cities Across Türkiye
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, today announced the launch of its ride-hailing service in 10 ...
Marti Launches Delivery Services
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, announced today the expansion of its service offering to incl...
Marti Announces Amendment to Extend Its Share Repurchase Program
ISTANBUL--(BUSINESS WIRE)--Türkiye's leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) today announced an amendment to extend its share repurchase pro...
Marti Technologies Added to S&P Global Broad Market Index (BMI)
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, today announced its inclusion in the S&P Global Broad Market ...
Marti Technologies Earnings Call Transcript: H1 2025
Revenue grew 70% year-over-year to $14.3M in H1 2025, driven by ride-hailing expansion and operational efficiency. Adjusted EBITDA improved by $5.4M, and the company is on track to double annual revenue to $34M in 2025, supported by strong user and driver growth.
Marti Announces 2025 First Half Results
ISTANBUL--(BUSINESS WIRE)--Türkiye's leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) today announced its financial and operational results for the s...
Marti Technologies, Inc. to Report 2025 First Half Results on September 22, 2025
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti”) (NYSE American: MRT), Türkiye's leading mobility super app, will announce its financial and operational results for the six-month period e...
Marti's Ride-Hailing Service Reaches 2.52 Million Riders and 357 Thousand Registered Drivers, Exceeding September 30, 2025 Targets
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, announced today that as of August 12, 2025, Marti's ride-hail...
Marti to Execute Crypto Asset Treasury Strategy
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, announced today that it will initiate a corporate treasury st...
Marti Announces 2025 and 2026 Investment Plan
ISTANBUL--(BUSINESS WIRE)--Türkiye's leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), and the only at scale ride-hailing operator in the country, to...
Marti Appoints President, Cankut Durgun, to Additional Role of Chief Operating Officer
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, announced today the appointment of Cankut Durgun, the Company...
Marti's Ride-Hailing Service Reaches 2.15 Million Riders and 314 Thousand Registered Drivers, Exceeding June 30, 2025 Targets a Month Earlier Than Planned
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, announced today that as of June 3, 2025, Marti's ride-hailing...
Marti Technologies, Inc. Files Annual Report on Form 20-F for Fiscal Year 2024
ISTANBUL, Türkiye--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, announced that it has filed its annual report on For...
Marti Technologies, Inc. Appoints Cenk Özeker as New Chief Financial Officer, Adding 25 Years of International Finance Experience
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, today announced that it has appointed Cenk Özeker as its Chie...