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

Marti Technologies' (MRT) quarterly Research & Development came in at -$1.0 million in Q1 2026, down 60.98% year-on-year from -$2.6 million in Q1 2025, and up 66.2% quarter-over-quarter from -$3.0 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 -$1.0 million for Q1 2026.

  • On a quarterly basis, Research & Development fell 60.98% year-over-year to -$1.0 million in Q1 2026; TTM through Mar 2026 was -$5.8 million, a 11.73% decrease from a year earlier, with the FY2025 full-year figure at $13.0 million, up 559.89% from the prior year.
  • Research & Development climbed to -$1.0 million in Q1 2026 per MRT's latest filing, from -$3.0 million in the prior quarter.
  • Across five years, Research & Development topped out at -$611000.0 in Q2 2024 and bottomed at -$3.0 million in Q4 2025.
  • The 5-year median for Research & Development is -$1.5 million (2023), against an average of -$1.5 million.
  • Across the five-year window, Research & Development jumped 59.27% in 2024 and slumped 81.83% in 2025, its largest moves.
  • Year by year, Research & Development 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 slumped by 53.18% to -$3.0 million in 2025, then jumped by 66.2% to -$1.0 million in 2026.
  • Per Business Quant, the three latest MRT Research & Development figures stand at -$1.0 million (Q1 2026), -$3.0 million (Q4 2025), and -$1.1 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -1.99 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -37.02 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 496.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 1.33 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 3.77 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 1.37 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 253.90 Mn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 588.95 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 508.44 Mn
10 Marti Technologies 173.81 Mn -4.59 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 -631,432.00
Dec 31, 2024 -1.96 Mn
Jun 30, 2024 -611,000.00
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