Marti Technologies, Inc. (MRT)
| Market Cap | 130.63M |
| Revenue (ttm) | 48.65M |
| Net Income (ttm) | -38.80M |
| Shares Out | 85.94M |
| EPS (ttm) | -0.47 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 59,365 |
| Open | 1.570 |
| Previous Close | 1.630 |
| Day's Range | 1.517 - 1.650 |
| 52-Week Range | 1.517 - 3.150 |
| Beta | 0.29 |
| Analysts | Strong Buy |
| Price Target | 4.68 (+207.9%) |
| 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 5 analysts, the average rating for MRT stock is "Strong Buy." The 12-month stock price target is $4.68, which is an increase of 207.90% from the latest price.
News
Marti Technologies Slides: Investor presentation
Marti Technologies has posted slides in relation to its latest quarterly earnings report, which was published on June 22, 2026.
Marti Technologies’ ride-hailing service reaches 4.3M riders
Marti Technologies (MRT) announced that as of June 11, Marti’s ride-hailing service has reached 4.30M riders and 532,000 registered drivers, exceeding the June 30 targets of 4.3M riders and 530,000…
Marti's Ride-Hailing Service Reaches 4.30 Million Riders and 532 Thousand Registered Drivers, Exceeding June 30, 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 June 11, 2026, Marti's ride-hailin...
Marti Technologies price target raised to $2.40 from $2.15 at Cantor Fitzgerald
Cantor Fitzgerald raised the firm’s price target on Marti Technologies (MRT) to $2.40 from $2.15 and keeps a Neutral rating on the shares.
Marti Technologies Earnings Call Transcript: Q1 2026
Q1 2026 saw 156% revenue growth, gross margin rise to 72%, and adjusted EBITDA near breakeven, driven by ride-hailing and expanding delivery services. The platform reached 2.1 million unique consumers and remains confident in its $70M revenue and $1M EBITDA guidance for 2026.
Marti Technologies Earnings release: Q1 2026
Marti Technologies released its Q1 2026 earnings on May 21, 2026, summarizing the period's financial results.
Marti Technologies Slides: Q1 2026
Marti Technologies has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 21, 2026.
Marti Technologies still sees 2026 revenue $70.0M vs. $39.2M in 2025
Still sees 2026 adjusted EBITDA $1.0M.
Marti Technologies reports Q1 EPS (14c) vs. (9c) last year
Reports Q1 revenue $15.4M vs. $6.0M last year. Q1 adjusted EBITDA was ($0.5M) vs. ($3.6M) a year ago. “We delivered an exceptional start to 2026, exceeding our internal targets across…
Marti Delivers 156% Revenue Growth, 72% Gross Profit Margin in First Quarter 2026, with Significant Improvement in Profitability; Reaffirms Guidance
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 2026 First Quarter Results on May 21, 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 quarter ended Marc...
Marti Technologies announces $2.5M share repurchase program
Marti Technologies (MRT) announced a new share repurchase program. The company’s Board of Directors authorized a new share repurchase program under which the company may repurchase up to $2.5M of…
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 Slides: Investor presentation
Marti Technologies has posted slides in relation to its latest quarterly earnings report, which was published on April 21, 2026.
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 price target lowered to $2.15 from $3 at Cantor Fitzgerald
Cantor Fitzgerald lowered the firm’s price target on Marti Technologies (MRT) to $2.15 from $3 and keeps a Neutral rating on the shares. The company is still early in the…
Marti Technologies price target lowered to $4 from $5 at Roth Capital
Roth Capital lowered the firm’s price target on Marti Technologies (MRT) to $4 from $5 and keeps a Buy rating on the shares. The company delivered a strong beat versus…
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 Technologies Annual report: H2 2025
Marti Technologies has published its H2 2025 annual report on April 13, 2026.
Marti Technologies Earnings release: H2 2025
Marti Technologies released its H2 2025 earnings on April 13, 2026, summarizing the period's financial results.
Marti Technologies Slides: H2 2025
Marti Technologies has posted slides in relation to its H2 2025 quarterly earnings report, which was published on April 13, 2026.
Marti Technologies backs FY26 revenue view $70M, adjusted EBITDA $1M
06:47 EDT Marti Technologies (MRT) backs FY26 revenue view $70M, adjusted EBITDA $1M
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 Technologies management to meet virtually with Benchmark
Virtual Meeting to be held on April 13 at 11 am hosted by Benchmark.