Marti Technologies, Inc. (MRT) Form 6-K — May 21, 2026
Marti Technologies reported Q1 2026 revenue of $15.4 million, a 156% increase year-over-year, driven by the launch of platform subscription packages and a 93% surge in total trips to 16.2 million. Gross profit margin expanded significantly to 72.0% from 36.8% in the prior year, reflecting improved unit economics and platform efficiency. Despite top-line growth, the company posted a net loss of $7.4 million, down from $10.1 million in Q1 2025, with Adjusted EBITDA of -$0.5 million.
Key figures
- Revenue
- 15427409
- Total Debt
- 87685361
- Revenue Yoy
- 156.1%
- Cash Position
- 4765031
- Trips
- 16220000
- Gross Profit
- 11100049
- Gross Profit Margin
- 72.0%
- Unique Platform Consumers
- 2060000
- Convertible Notes2028 Balance
- 82694942
- Convertible Notes2029 Balance
- 4990419
- Share Repurchase Ceiling Price
- 6
- Share Repurchase Authorization
- 2500000
AI analysis
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