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

Marti Technologies (MRT) recorded quarterly Research & Development of -$1.0 million in Q1 2026, up 66.21% quarter-over-quarter from -$3.0 million in Q4 2025, and down 61.01% on a YoY basis from -$2.6 million in Q1 2025.

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

Marti Technologies' Research & Development history runs 6 years deep, the most recent figure standing at -$1.0 million for Q1 2026.

  • In Q1 2026, Research & Development fell 61.01% year-over-year to -$1.0 million; the TTM figure through Mar 2026 stood at -$5.8 million (down 11.72% YoY), while the FY2025 annual figure was $3.0 million, up 53.2% from the prior year.
  • Research & Development was -$1.0 million for Q1 2026 at Marti Technologies, up from -$3.0 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of -$611317.0 in Q2 2024 to a low of -$3.0 million in Q4 2025.
  • Historically, Research & Development has averaged -$1.5 million across 5 years, with a median of -$1.5 million in 2023.
  • The sharpest annual moves came in 2024 and 2025: Research & Development surged 59.26% in 2024, then tumbled 81.78% in 2025.
  • A 5-year view of Research & Development shows it stood at -$1.9 million in 2022, then fell by 4.1% to -$2.0 million in 2023, then fell by 0.41% to -$2.0 million in 2024, then plunged by 53.18% to -$3.0 million in 2025, then surged by 66.21% to -$1.0 million in 2026.
  • The last three Research & Development figures came in at -$1.0 million (Q1 2026), -$3.0 million (Q4 2025), and -$1.1 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -1.99 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -37.02 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 951.00 Mn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 437.00 Mn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 1.63 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 508.44 Mn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 823.00 Mn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 253.90 Mn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 1.20 Bn
10 Marti Technologies 208.29 Mn -4.56 Bn 11.10 Mn -1.02 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.02 Mn
Dec 31, 2025 -3.01 Mn
Jun 30, 2025 -1.11 Mn
Mar 31, 2025 -631,000.00
Dec 31, 2024 -1.96 Mn
Jun 30, 2024 -611,317.00
Dec 31, 2023 -1.96 Mn
Oct 13, 2023 -1.50 Mn
Jun 30, 2023 -1.50 Mn
Dec 31, 2022 -1.88 Mn
Dec 31, 2021 -1.04 Mn