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

Marti Technologies (MRT) Research & Development (2021 - 2026)

Marti Technologies (MRT) posted Research & Development of -$2.1 million for Q2 2026, down 5.09% on a QoQ basis from -$2.0 million in Q1 2026, and down 18.04% year-over-year from -$2.6 million in Q2 2025.

Analysis

Marti Technologies (MRT) Research & Development (2021 - 2026) Analysis & Trends

Marti Technologies has reported Research & Development for 6 years, with the latest figure at -$2.1 million in Q2 2026.

  • On a quarterly basis, Research & Development fell 18.04% year-over-year to -$2.1 million in Q2 2026; TTM through Jun 2026 was -$19.0 million, a 0.45% change from a year earlier, with the FY2025 full-year figure at -$13.0 million, down 38.58% from the prior year.
  • Research & Development was -$2.1 million for Q2 2026 at Marti Technologies, down from -$2.0 million in the prior quarter.
  • The five-year high for Research & Development was -$1.2 million in Q1 2025, with the low at -$13.0 million in Q4 2025.
  • Average Research & Development over 5 years is -$4.7 million, with a median of -$3.2 million recorded in 2023.
  • The sharpest annual moves came in 2023 and 2025: Research & Development sank 346.42% in 2023, then soared 71.85% in 2025.
  • Over 5 years, Research & Development stood at -$1.6 million in 2022, then tumbled by 346.42% to -$7.3 million in 2023, then slipped by 27.22% to -$9.3 million in 2024, then slumped by 38.58% to -$13.0 million in 2025, then jumped by 83.43% to -$2.1 million in 2026.
  • The last three Research & Development figures came in at -$2.1 million (Q2 2026), -$2.0 million (Q1 2026), and -$13.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Uber Technologies 154.57 Bn 149.36 Bn 6.38 Bn 1.52 Bn
2 DoorDash 91.73 Bn 86.40 Bn 2.35 Bn 821.00 Mn
3 Grab Holdings 14.00 Bn 10.27 Bn 435.00 Mn -103.00 Mn
4 Lyft 6.33 Bn 4.53 Bn 917.12 Mn 319.99 Mn
5 Marti Technologies 172.09 Mn 159.58 Mn 15.30 Mn -2.15 Mn
6 Ryde 87.58 Mn 87.58 Mn - -
7 Swvl Holdings 49.12 Mn 41.74 Mn - -
8 Scientific Energy 7.90 Mn -601,872.18 7.63 Mn -
9 Pony 689,999.98 680,158.98 3,440.00 -
10 Freight Technologies 121,194.63 -225,523.37 373,200.00 27,898.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -2.15 Mn
Mar 31, 2026 -2.04 Mn
Dec 31, 2025 -12.95 Mn
Jun 30, 2025 -1.82 Mn
Mar 31, 2025 -1.25 Mn
Dec 31, 2024 -9.35 Mn
Jun 30, 2024 -6.46 Mn
Dec 31, 2023 -7.35 Mn
Oct 13, 2023 -3.21 Mn
Jun 30, 2023 -3.21 Mn
Dec 31, 2022 -1.65 Mn
Dec 31, 2021 -1.26 Mn