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MARKETS / NYSE / Consumer discretionary / Automotive services / MRT
NYSE · SERVICES-AUTO RENTAL & LEASING (NO DRIVERS) · SMALL CAP

Marti Technologies, Inc. MRT

5 fiscal years on record · USD · FY2025 reported · SEC filings only
$39.2M
▲ 110.3% YoY
$-41.4M
$-15.3M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

We deliver our services through three service offerings: ride-hailing, delivery, and two-wheeled electric vehicles services. The ride-hailing service matches riders with car, motorcycle, and taxi drivers through an integrated platform. The delivery service enables same-hour package delivery by leveraging the existing driver network and consumer base. The two-wheeled electric vehicle offering provides shared access to a Company-owned and operated fleet of e-mopeds, e-bikes, and e-scooters, with each modality tailored to different trip distances, consumer preferences, and price points.

Written from the business description in Marti Technologies, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 13 April 2026. Every sentence was checked against that document before publication.

Growth

USD 39.2M
Revenue, FY2025 · full 5-year series below
Revenue $M Net income $M
FY2025 · Revenue 39.2 · Net income -41.4
15M30M-30M-60M
202120242025
Compound annual growth
+16.2%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

·
Operating margin Net margin
FY2024 · Operating -350.0% · Net -395.9%
-100%-200%-300%
202120232025
ROE
FY2022 · ROE -101.3%
-50%-100%
202120232025
Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.
Gross margin·
Operating margin·
Net margin·
EBITDAUSD -24.9M

Return on equity has no reading this year — return on capital employed, just below, still does: -233%.

Cash & shareholders

USD 199,702.00
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -15.3
-10M-20M
202120232025
Net buybacks $ Dividends $
FY2025 · Dividends · · Net buybacks 199702.0
100000200000
2025
Dividends paid·
Net buybacksUSD 199,702.00
Share of profit-0.5%
Consecutive raises·

USD 199,702.00 in buybacks went back to shareholders in a year without profit.

Total assetsUSD 29.8M
EquityUSD -67.1M
CashUSD 7.8M
Gross debtUSD 85.8M
Net debtUSD 78.0M
Current ratio0.97×

Equity was zero or negative — liabilities equaled or exceeded assets. No ratio is shown.

The 5-year record

5 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
MRT, 5-year financial record
Metric 20252024202320222021
Revenue $B0.00.00.00.00.0
Operating income $B−0.0−0.1−0.0−0.0−0.0
EBITDA $B−0.0−0.1−0.0−0.0−0.0
Income tax $B◌◌◌◌0.0
Net income $B−0.0−0.1−0.0−0.0−0.0
Free cash flow $B−0.0−0.0−0.0◌◌
EPS, diluted $−0.53−1.25−0.67−0.32−0.42
Dividend / sh $◌◌◌◌◌
Payout % — not applicable: no dividend—————
ROE %———−101.3−70.5

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

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Provenance

Company facts, as filed

How we verify · 0 failures in 20 reconciliationsAUDITED

Reconciled in 5 of the 5 fiscal years we could check. 28 checks were skipped: the balance sheet is not tagged before 2021. 14 checks were skipped: EPS is not tagged before 2021. 14 checks were skipped: revenue is not tagged before 2021.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityServices-Auto Rental & Leasing (No Drivers)
Listed onNYSE
Incorporated inoutside the United States — SEC code E9
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2021

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