Marti Technologies (MRT) Operating Expenses (2021 - 2026)
Marti Technologies (MRT) posted quarterly Operating Expenses of -$19.1 million for Q1 2026, down 38.53% year-over-year from -$31.0 million in Q1 2025, and up 71.85% quarter-over-quarter from -$67.8 million in Q4 2025.
Marti Technologies (MRT) Operating Expenses (2021 - 2026) Analysis & Trends
Marti Technologies' Operating Expenses history runs 6 years deep, the most recent figure standing at -$19.1 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 38.53% year-over-year to -$19.1 million; the TTM figure through Mar 2026 stood at -$127.5 million (up 27.15% YoY), while the FY2025 annual figure was $67.8 million, down 19.29% from the prior year.
- Operating Expenses for Q1 2026 stood at -$19.1 million, up from -$67.8 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.
- The 5-year median for Operating Expenses is -$21.3 million (2023), against an average of -$25.6 million.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 167621.4% in 2022, then plunged 4772.16% in 2023.
- Marti Technologies' Operating Expenses stood at -$39.9 million in 2022, then declined by 27.0% to -$50.6 million in 2023, then slumped by 65.84% to -$84.0 million in 2024, then advanced by 19.29% to -$67.8 million in 2025, then soared by 71.85% to -$19.1 million in 2026.
- Business Quant data shows MRT's Operating Expenses at -$19.1 million in Q1 2026, -$67.8 million in Q4 2025, and -$26.9 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -16.33 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.22 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.30 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.25 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.34 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 3.67 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.54 Bn |
| 10 | Marti Technologies | 151.49 Mn | 146.73 Mn | 11.10 Mn | -19.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -19.08 Mn |
| Dec 31, 2025 | -67.77 Mn |
| Jun 30, 2025 | -26.87 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 |
| Mar 31, 2021 | 500.00 |