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
DateValue
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