Marti Technologies (MRT) Cost of Revenue (2021 - 2026)
Marti Technologies (MRT) posted Cost of Revenue of $4.7 million for Q2 2026, up 8.3% on a QoQ basis from $4.3 million in Q1 2026, and up 31.5% year-over-year from $3.6 million in Q2 2025.
Analysis
Marti Technologies (MRT) Cost of Revenue (2021 - 2026) Analysis & Trends
Marti Technologies has reported Cost of Revenue for 6 years, with the latest figure at $4.7 million in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 31.5% year-over-year to $4.7 million in Q2 2026; TTM through Jun 2026 was $27.8 million, a 28.28% decrease from a year earlier, with the FY2025 full-year figure at $15.3 million, down 29.21% from the prior year.
- Cost of Revenue was $4.7 million for Q2 2026 at Marti Technologies, up from $4.3 million in the prior quarter.
- The five-year high for Cost of Revenue was $27.1 million in Q4 2022, with the low at $3.6 million in Q2 2025.
- Average Cost of Revenue over 5 years is $12.8 million, with a median of $13.0 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2025: Cost of Revenue surged 59.78% in 2022, then tumbled 63.95% in 2025.
- Over 5 years, Cost of Revenue stood at $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, then plunged by 69.28% to $4.7 million in 2026.
- The last three Cost of Revenue figures came in at $4.7 million (Q2 2026), $4.3 million (Q1 2026), and $15.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Uber Technologies | 154.57 Bn | 149.36 Bn | 6.38 Bn | 7.82 Bn |
| 2 | DoorDash | 91.73 Bn | 86.40 Bn | 2.35 Bn | 2.11 Bn |
| 3 | Grab Holdings | 14.00 Bn | 10.27 Bn | 435.00 Mn | 562.00 Mn |
| 4 | Lyft | 6.33 Bn | 4.53 Bn | 917.12 Mn | 926.42 Mn |
| 5 | Marti Technologies | 172.09 Mn | 159.58 Mn | 15.30 Mn | 4.69 Mn |
| 6 | Ryde | 87.58 Mn | 87.58 Mn | - | - |
| 7 | Swvl Holdings | 49.12 Mn | 41.74 Mn | - | - |
| 8 | Scientific Energy | 7.90 Mn | -601,872.18 | 7.63 Mn | 14.38 Mn |
| 9 | Pony | 689,999.98 | 680,158.98 | 3,440.00 | 28,008.00 |
| 10 | Freight Technologies | 121,194.63 | -225,523.37 | 373,200.00 | 3.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.69 Mn |
| Mar 31, 2026 | 4.33 Mn |
| Dec 31, 2025 | 15.25 Mn |
| Jun 30, 2025 | 3.56 Mn |
| Mar 31, 2025 | 3.80 Mn |
| Dec 31, 2024 | 21.55 Mn |
| Jun 30, 2024 | 9.89 Mn |
| Dec 31, 2023 | 24.09 Mn |
| Oct 13, 2023 | 13.02 Mn |
| Jun 30, 2023 | 13.02 Mn |
| Dec 31, 2022 | 27.09 Mn |
| Dec 31, 2021 | 16.96 Mn |