Marti Technologies (MRT) Research & Development (2021 - 2026)
Marti Technologies (MRT) posted quarterly Research & Development of -$2.0 million for Q1 2026, down 63.71% year-over-year from -$5.6 million in Q1 2025, and up 84.23% quarter-over-quarter from -$13.0 million in Q4 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 -$2.0 million for Q1 2026.
- In Q1 2026, Research & Development fell 63.71% year-over-year to -$2.0 million; the TTM figure through Mar 2026 stood at -$19.3 million (up 20.87% YoY), while the FY2025 annual figure was $13.0 million, up 38.58% from the prior year.
- Research & Development for Q1 2026 stood at -$2.0 million, up from -$13.0 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.
- The 5-year median for Research & Development is -$3.2 million (2023), against an average of -$5.1 million.
- The sharpest annual moves came in 2023 and 2025: Research & Development sank 346.42% in 2023, then soared 52.54% in 2025.
- Marti Technologies' Research & Development stood at -$1.6 million in 2022, then tumbled by 346.42% to -$7.3 million in 2023, then retreated by 27.22% to -$9.3 million in 2024, then slumped by 38.58% to -$13.0 million in 2025, then surged by 84.23% to -$2.0 million in 2026.
- Business Quant data shows MRT's Research & Development at -$2.0 million in Q1 2026, -$13.0 million in Q4 2025, and -$3.1 million in Q2 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -4.12 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 498.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 3.77 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 1.52 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 1.37 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 588.95 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 265.90 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 1.88 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 1.79 Bn |
| 10 | Marti Technologies | 151.49 Mn | 146.73 Mn | 11.10 Mn | -2.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.04 Mn |
| Dec 31, 2025 | -12.95 Mn |
| Jun 30, 2025 | -3.07 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 |