Marti Technologies (MRT) Cost of Revenue (2021 - 2026)
Marti Technologies (MRT) recorded quarterly Cost of Revenue of $4.3 million in Q1 2026, down 71.63% quarter-over-quarter from $15.3 million in Q4 2025, and up 13.75% on a YoY basis from $3.8 million in Q1 2025.
Marti Technologies (MRT) Cost of Revenue (2021 - 2026) Analysis & Trends
Marti Technologies' Cost of Revenue history runs 6 years deep, the most recent figure standing at $4.3 million for Q1 2026.
- In Q1 2026, Cost of Revenue rose 13.75% year-over-year to $4.3 million; the TTM figure through Mar 2026 stood at $26.5 million (down 52.68% YoY), while the FY2025 annual figure was $15.3 million, up 63.18% from the prior year.
- Cost of Revenue was $4.3 million for Q1 2026 at Marti Technologies, down from $15.3 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $27.1 million in Q4 2022 to a low of $3.1 million in Q2 2025.
- Historically, Cost of Revenue has averaged $12.2 million across 5 years, with a median of $9.7 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Cost of Revenue surged 101.26% in 2024, then plunged 52.53% in 2025.
- A 5-year view of Cost of Revenue shows it stood at $27.1 million in 2022, then decreased by 11.1% to $24.1 million in 2023, then slipped by 10.53% to $21.5 million in 2024, then retreated by 29.22% to $15.3 million in 2025, then slumped by 71.63% to $4.3 million in 2026.
- The last three Cost of Revenue figures came in at $4.3 million (Q1 2026), $15.3 million (Q4 2025), and $3.1 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 55.33 Mn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 1.33 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 1.62 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 3.77 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 211.49 Mn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 940.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 3.07 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 715.00 Mn |
| 10 | Marti Technologies | 208.29 Mn | -4.56 Bn | 11.10 Mn | 4.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.33 Mn |
| Mar 31, 2026 | 4.33 Mn |
| Dec 31, 2025 | 15.25 Mn |
| Dec 31, 2025 | 15.25 Mn |
| Jun 30, 2025 | 3.07 Mn |
| Jun 30, 2025 | 3.07 Mn |
| Mar 31, 2025 | 3.80 Mn |
| Mar 31, 2025 | 3.80 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 |