Marti Technologies (MRT) Operating Expenses (2021 - 2026)
Marti Technologies (MRT) posted Operating Expenses of -$20.1 million for Q2 2026, down 5.45% on a QoQ basis from -$19.1 million in Q1 2026, and down 53.7% year-over-year from -$43.5 million in Q2 2025.
Analysis
Marti Technologies (MRT) Operating Expenses (2021 - 2026) Analysis & Trends
Marti Technologies has reported Operating Expenses for 6 years, with the latest figure at -$20.1 million in Q2 2026.
- On a quarterly basis, Operating Expenses fell 53.7% year-over-year to -$20.1 million in Q2 2026; TTM through Jun 2026 was -$120.1 million, a 12.65% increase from a year earlier, with the FY2025 full-year figure at -$67.8 million, up 19.29% from the prior year.
- Operating Expenses was -$20.1 million for Q2 2026 at Marti Technologies, down from -$19.1 million in the prior quarter.
- The five-year high for Operating Expenses was $1.0 million in Q3 2022, with the low at -$84.0 million in Q4 2024.
- Average Operating Expenses over 5 years is -$24.3 million, with a median of -$19.1 million recorded in 2026.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 3987.77% in 2022, then sank 4772.2% in 2023.
- Over 5 years, Operating Expenses stood at -$39.9 million in 2022, then retreated by 27.0% to -$50.6 million in 2023, then slumped by 65.84% to -$84.0 million in 2024, then grew by 19.29% to -$67.8 million in 2025, then jumped by 70.31% to -$20.1 million in 2026.
- The last three Operating Expenses figures came in at -$20.1 million (Q2 2026), -$19.1 million (Q1 2026), and -$67.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Uber Technologies | 154.57 Bn | 149.36 Bn | 6.38 Bn | 12.30 Bn |
| 2 | DoorDash | 91.73 Bn | 86.40 Bn | 2.35 Bn | 4.30 Bn |
| 3 | Grab Holdings | 14.00 Bn | 10.27 Bn | 435.00 Mn | -244.00 Mn |
| 4 | Lyft | 6.33 Bn | 4.53 Bn | 917.12 Mn | 1.80 Bn |
| 5 | Marti Technologies | 172.09 Mn | 159.58 Mn | 15.30 Mn | -20.12 Mn |
| 6 | Ryde | 87.58 Mn | 87.58 Mn | - | -2.49 Mn |
| 7 | Swvl Holdings | 49.12 Mn | 41.74 Mn | - | - |
| 8 | Scientific Energy | 7.90 Mn | -601,872.18 | 7.63 Mn | 7.39 Mn |
| 9 | Pony | 689,999.98 | 680,158.98 | 3,440.00 | 54,249.00 |
| 10 | Freight Technologies | 121,194.63 | -225,523.37 | 373,200.00 | 5.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -20.12 Mn |
| Mar 31, 2026 | -19.08 Mn |
| Dec 31, 2025 | -67.77 Mn |
| Jun 30, 2025 | -13.09 Mn |
| Mar 31, 2025 | -13.77 Mn |
| Dec 31, 2024 | -83.97 Mn |
| Jun 30, 2024 | -26.63 Mn |
| Dec 31, 2023 | -50.63 Mn |
| Oct 13, 2023 | -8.88 Mn |
| Jun 30, 2023 | -23.59 Mn |
| Mar 31, 2023 | 357,226.00 |
| Dec 31, 2022 | -39.87 Mn |
| Sep 30, 2022 | 1.03 Mn |
| Jun 30, 2022 | 504,880.00 |
| Mar 31, 2022 | 838,607.00 |
| Dec 31, 2021 | -26.05 Mn |
| Sep 30, 2021 | 158,596.00 |
| Jun 30, 2021 | 12,351.00 |