Marti Technologies (MRT) Research & Development (2021 - 2025)
Marti Technologies' quarterly Research & Development came in at -$3.0 million in Q4 2025, down 53.18% year-on-year from -$6.4 million in Q4 2024, and down 170.6% quarter-over-quarter from -$1.1 million in Q2 2025.
Marti Technologies has reported Research & Development for 5 years, with the latest figure at -$3.0 million in Q4 2025.
- For the quarter ending Q4 2025, Research & Development fell 53.18% year-over-year to -$3.0 million; the trailing twelve-month figure through Dec 2025 stood at -$6.7 million (down 11.0% YoY), and the FY2025 full-year result was $3.0 million, up 53.2% from the prior year.
- Research & Development for Q4 2025 stood at -$3.0 million, down from -$1.1 million in the prior quarter.
- The five-year high for Research & Development was -$611317.0 in Q2 2024, with the low at -$3.0 million in Q4 2025.
- Average Research & Development over 5 years is -$1.6 million, with a median of -$1.5 million recorded in 2023.
- Year-over-year, Research & Development jumped 59.26% in 2024 and tumbled 81.78% in 2025.
- Tracing MRT's Research & Development over 5 years: stood at -$1.0 million in 2021, then plunged by 80.75% to -$1.9 million in 2022, then retreated by 4.1% to -$2.0 million in 2023, then retreated by 0.41% to -$2.0 million in 2024, then tumbled by 53.18% to -$3.0 million in 2025.
- The last three Research & Development figures came in at -$3.0 million (Q4 2025), -$1.1 million (Q2 2025), and -$2.0 million (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 1.62 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 951.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 437.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 823.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 508.44 Mn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 1.11 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 253.90 Mn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 840.00 Mn |
| 10 | Marti Technologies | 148.29 Mn | 140.48 Mn | - | -3.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -3.01 Mn |
| Jun 30, 2025 | -1.11 Mn |
| 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 |