Marti Technologies (MRT) Cost of Revenue (2021 - 2026)
Marti Technologies' (MRT) quarterly Cost of Revenue came in at $4.3 million in Q1 2026, up 13.75% year-on-year from $3.8 million in Q1 2025, and down 71.63% quarter-over-quarter from $15.3 million in Q4 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.
- On a quarterly basis, Cost of Revenue rose 13.75% year-over-year to $4.3 million in Q1 2026; TTM through Mar 2026 was $30.8 million, a 48.16% 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 retreated to $4.3 million in Q1 2026 per MRT's latest filing, from $15.3 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $27.1 million in Q4 2022 and bottomed at $3.8 million in Q1 2025.
- The 5-year median for Cost of Revenue is $13.0 million (2023), against an average of $13.9 million.
- Across the five-year window, Cost of Revenue soared 59.78% in 2022 and retreated 29.22% in 2025, its largest moves.
- Year by year, Cost of Revenue 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 plunged by 71.63% to $4.3 million in 2026.
- Per Business Quant, the three latest MRT Cost of Revenue figures stand at $4.3 million (Q1 2026), $15.3 million (Q4 2025), and $7.4 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 199.59 Bn | 179.36 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Full Truck Alliance | 193.24 Bn | 190.53 Bn | - | - |
| 3 | Shopify | 164.78 Bn | 159.04 Bn | 1.55 Bn | 1.62 Bn |
| 4 | Salesforce | 150.52 Bn | 138.68 Bn | 8.56 Bn | 2.57 Bn |
| 5 | Uber Technologies | 139.79 Bn | 138.58 Bn | 5.95 Bn | 7.26 Bn |
| 6 | ServiceNow | 109.10 Bn | 104.44 Bn | 2.82 Bn | 1.17 Bn |
| 7 | Automatic Data Processing | 102.68 Bn | 99.45 Bn | 2.87 Bn | 3.07 Bn |
| 8 | Adobe | 95.80 Bn | 90.17 Bn | 5.90 Bn | 715.00 Mn |
| 9 | Snowflake | 93.75 Bn | 90.79 Bn | 926.45 Mn | 464.50 Mn |
| 10 | Marti Technologies | 161.04 Mn | -4.60 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 | 7.37 Mn |
| Jun 30, 2025 | 7.37 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 | 9.89 Mn |
| Jun 30, 2024 | 9.89 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 | 13.02 Mn |
| Jun 30, 2023 | 13.02 Mn |
| Dec 31, 2022 | 27.09 Mn |
| Dec 31, 2022 | 27.09 Mn |