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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |