Marti Technologies MRT
NYSE MRT
$2.00 -0.28 (-12.28%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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