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Marti Technologies

MRT

Market cap $179M

2.07 USD

+0.02

0.98%

At close Updated Sep 11, 4:00 PM EDT

1 day

0.98%

5 days

-8.81%

1 month

15%

3 months

14.36%

6 months

-3.72%

Year to date

-10.78%

1 year

-16.53%

5 years

-78.86%

10 years

-78.66%

About: Marti Technologies Inc is Turkiye's urban mobility platform, helping to solve the country's transportation needs through tech-enabled services powered by a single mobility super app. The Group aims to offer tech-enabled urban transportation services to consumers across Turkiye through three service offerings: ride-hailing, delivery, and two-wheeled electric vehicle services. The Group's ride-hailing service matches consumers with car, motorcycle, and taxi drivers. The Group's delivery service provides same-hour package delivery by leveraging the Group's existing network of car and motorcycle drivers and consumer base.

Employees: 473

Industrials Rental & Leasing Services

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 16.7%

Neutral 83.3%

Negative 0%

Marti Increases Share Repurchase Authorization to $5 Million and Extends Program Through April 2027

ISTANBUL--(BUSINESS WIRE)--Türkiye's leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) today announced that its Board of Directors (the “Board”) has increased the authorization under the Company's share repurchase program (the “Repurchase Program”) from $2.5 million to $5.0 million and extended the Repurchase Program through April 26, 2027.The expanded authorization reflects Marti's continued commitment to disciplined capital allocation and provi.

Marti Increases Share Repurchase Authorization to $5 Million and Extends Program Through April 2027

Marti's Ride-Hailing Service Reaches 4.90 Million Riders and 584 Thousand Registered Drivers, Exceeding September 30, 2026 Targets a Month Earlier Than Planned

ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, announced today that as of September 2, 2026, Marti's ride-hailing service has reached 4.90 million riders and 584 thousand registered drivers, exceeding the September 30, 2026 targets of 4.90 million riders and 580 thousand registered drivers.Marti's number of ride-hailing riders grew 85% from September 2, 2025 to September 2, 2026. The number of registered.

Marti's Ride-Hailing Service Reaches 4.90 Million Riders and 584 Thousand Registered Drivers, Exceeding September 30, 2026 Targets a Month Earlier Than Planned

Marti Technologies: Buy The Inflection Point

Marti Technologies (MRT) delivered a major operating inflection, turning adjusted EBITDA positive and expanding gross margin to 77%, while accelerating revenue growth. I maintain a speculative buy rating with a $3.88 price target, but highlight that convertible debt implies upside should be viewed on a fully diluted basis. Regulatory uncertainty, balance sheet risks, and potential competition threaten margins and limit de-risking despite strong operating momentum and city expansion.

Marti Technologies: Buy The Inflection Point

Marti Technologies, Inc. (MRT) Q2 2026 Earnings Call Transcript

Marti Technologies, Inc. (MRT) Q2 2026 Earnings Call Transcript

Marti Technologies, Inc. (MRT) Q2 2026 Earnings Call Transcript

Marti Technologies H1 Earnings Call Highlights

Marti Technologies NYSEAMERICAN: MRT reported second-quarter 2026 revenue growth of 141% year over year to nearly $20 million and reached positive adjusted EBITDA for the first time, as its ride-hailing marketplace expanded and costs rose more slowly than revenue.

Marti Technologies H1 Earnings Call Highlights

Marti Achieves Record Second Quarter with 141% Revenue Growth, 77% Gross Profit Margin, Significant Improvement in Profitability, and Increased Guidance

ISTANBUL--(BUSINESS WIRE)--Türkiye's leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) today reported a strong second quarter ended June 30, 2026, delivering another quarter of triple-digit revenue growth, expanding gross margin to 77%, achieving positive Adjusted EBITDA for the first time, and increasing its full-year 2026 guidance. The results reflect continued strength in Marti's rapidly growing ride-hailing marketplace, increasing platform m.

Marti Achieves Record Second Quarter with 141% Revenue Growth, 77% Gross Profit Margin, Significant Improvement in Profitability, and Increased Guidance

Marti Technologies, Inc. to Report 2026 Second Quarter Results on August 19, 2026

ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti”) (NYSE American: MRT), Türkiye's leading mobility super app, will announce its financial and operational results for the quarter ended June 30, 2026 (“2026 Second Quarter Results”) before the U.S. markets open on Wednesday, August 19, 2026. Conference Call and Webcast Details Marti's management will host an analyst and investor conference call and live webcast to discuss its 2026 Second Quarter Results at 3:30 p.m. Istanbul / 1:30 p.m.

Marti Technologies, Inc. to Report 2026 Second Quarter Results on August 19, 2026

Marti Technologies Launches Ride-Hailing Service in 10 New Cities Across Türkiye

ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, today announced the launch of its ride-hailing service in 10 additional cities across Türkiye, expanding Marti's ride-hailing footprint to 30 cities and approximately 85% of Türkiye's GDP. Marti is expanding its ride-hailing service in response to demand, supply, and growth rates in cities outside Türkiye's largest city, Istanbul, exceeding expectations. The.

Marti Technologies Launches Ride-Hailing Service in 10 New Cities Across Türkiye

Marti Technologies Increases Fiscal Year 2026 Guidance on Accelerating Growth and Margin Expansion

ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, today announced that it has increased its financial guidance for the fiscal year ending December 31, 2026, reflecting stronger-than-expected performance across the business. The Company now expects to generate $85 million of revenue and $7 million of adjusted EBITDA in 2026, up from $70 million of revenue and $1 million of adjusted EBITDA previously. The upd.

Marti Technologies Increases Fiscal Year 2026 Guidance on Accelerating Growth and Margin Expansion

Marti and Tensor Partner to Deploy Autonomous Vehicles in Türkiye

ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, and Tensor, a pioneer in personal autonomous vehicles, today announced a multi-year strategic partnership to purchase and deploy Tensor autonomous vehicles (“AVs”) on Marti's mobility platform in cities across Türkiye. Marti currently offers ride-hailing services in 20 cities across Türkiye representing approximately 80% of the country's GDP, including Istan.

Marti and Tensor Partner to Deploy Autonomous Vehicles in Türkiye

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