Marti Technologies (MRT) Cost of Revenue (2021 - 2025)
Marti Technologies' quarterly Cost of Revenue came in at $15.3 million in Q4 2025, down 29.22% year-on-year from $21.5 million in Q4 2024, and up 397.28% quarter-over-quarter from $3.1 million in Q2 2025.
Marti Technologies has reported Cost of Revenue for 5 years, with the latest figure at $15.3 million in Q4 2025.
- For the quarter ending Q4 2025, Cost of Revenue fell 29.22% year-over-year to $15.3 million; the trailing twelve-month figure through Dec 2025 stood at $46.3 million (down 28.85% YoY), and the FY2025 full-year result was $15.3 million, up 63.18% from the prior year.
- Cost of Revenue for Q4 2025 stood at $15.3 million, up from $3.1 million in the prior quarter.
- The five-year high for Cost of Revenue was $27.1 million in Q4 2022, with the low at $3.1 million in Q2 2025.
- Average Cost of Revenue over 5 years is $14.5 million, with a median of $15.3 million recorded in 2025.
- Year-over-year, Cost of Revenue jumped 101.26% in 2024 and plunged 52.53% in 2025.
- Tracing MRT's Cost of Revenue over 5 years: stood at $17.0 million in 2021, then surged by 59.78% to $27.1 million in 2022, then slipped by 11.1% to $24.1 million in 2023, then dropped by 10.53% to $21.5 million in 2024, then decreased by 29.22% to $15.3 million in 2025.
- The last three Cost of Revenue figures came in at $15.3 million (Q4 2025), $3.1 million (Q2 2025), and $21.5 million (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 4.02 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 1.33 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 1.62 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 940.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 211.49 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 1.71 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 3.07 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 1.79 Bn |
| 10 | Marti Technologies | 148.29 Mn | 140.48 Mn | - | 15.25 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 15.25 Mn |
| Dec 31, 2025 | 15.25 Mn |
| Jun 30, 2025 | 3.07 Mn |
| Jun 30, 2025 | 3.07 Mn |
| Dec 31, 2024 | 21.55 Mn |
| Dec 31, 2024 | 21.55 Mn |
| Jun 30, 2024 | 6.46 Mn |
| Jun 30, 2024 | 6.46 Mn |
| Dec 31, 2023 | 24.09 Mn |
| Dec 31, 2023 | 24.09 Mn |
| Oct 13, 2023 | 13.02 Mn |
| Oct 13, 2023 | 13.02 Mn |
| Jun 30, 2023 | 3.21 Mn |
| Jun 30, 2023 | 3.21 Mn |
| Dec 31, 2022 | 27.09 Mn |
| Dec 31, 2022 | 27.09 Mn |
| Dec 31, 2021 | 16.96 Mn |
| Dec 31, 2021 | 16.96 Mn |