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

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

Historic Data

Download Data
DateValue
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