Marti Technologies (MRT) Operating Expenses (2021 - 2025)
Marti Technologies' quarterly Operating Expenses came in at -$67.8 million in Q4 2025, up 19.29% year-on-year from -$56.8 million in Q4 2024, and down 152.28% quarter-over-quarter from -$26.9 million in Q2 2025.
Marti Technologies has reported Operating Expenses for 5 years, with the latest figure at -$67.8 million in Q4 2025.
- For the quarter ending Q4 2025, Operating Expenses rose 19.29% year-over-year to -$67.8 million; the trailing twelve-month figure through Dec 2025 stood at -$205.2 million (down 21.88% YoY), and the FY2025 full-year result was $15.6 million, up 56.78% from the prior year.
- Operating Expenses for Q4 2025 stood at -$67.8 million, down from -$26.9 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 -$21.9 million, with a median of -$15.4 million recorded in 2023.
- Year-over-year, Operating Expenses soared 167621.4% in 2022 and sank 4772.16% in 2023.
- Tracing MRT's Operating Expenses over 5 years: stood at -$26.1 million in 2021, then slumped by 53.04% to -$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.
- The last three Operating Expenses figures came in at -$67.8 million (Q4 2025), -$26.9 million (Q2 2025), and -$84.0 million (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 6.82 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 11.28 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 1.16 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 2.33 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 1.04 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 3.32 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 4.23 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 4.54 Bn |
| 10 | Marti Technologies | 148.29 Mn | 140.48 Mn | - | -67.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -67.77 Mn |
| Jun 30, 2025 | -26.86 Mn |
| Dec 31, 2024 | -83.97 Mn |
| Jun 30, 2024 | -26.63 Mn |
| Dec 31, 2023 | -50.63 Mn |
| Oct 13, 2023 | -7.17 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 | 146,245.00 |
| Jun 30, 2021 | 12,351.00 |
| Mar 31, 2021 | 500.00 |