Marti Technologies, Inc. (MRT) Stock Analysis

Company Overview

Marti Technologies, Inc. (MRT) carries a market capitalisation of $175.00M. The company sits in the Technology sector, in the Software - Application industry. Headcount on file is 473.

MRT last closed at $2.02 on September 4, 2026. That is −$0.25 (−11.01%) against the previous close. Over the past 52 weeks the price has ranged from $1.12 to $2.75. The latest close sits 80.36% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $39.24M. Against the prior fiscal year total of $18.66M, that is a change of +110.30%. The same year closed with a net loss of $41.45M. The reported profit margin is −69.78%. That is 69.8 percentage points below the Software - Application median of 0%. Trailing earnings per share are −0.5.

Across the 4 fiscal years on file, revenue moves from $24.99M in 2022 to $39.24M in 2025. Of those 4 years, 0 report positive net income.

Valuation Assessment

The record shows negative trailing earnings, so no price-to-earnings ratio is published. On forward earnings the ratio is 67.33. The price-to-sales ratio is 2.9. On price-to-sales that is 2.97% above the Software - Application median of 2.82. 258 Software - Application companies report these metrics, and the medians quoted come from that group.

Beta against the wider market is reported at 0.34. Annualized volatility over the trailing 5 years is 79.38%. The trailing one-year price return is −15.59%. Across 5 years the annualized return works out at −27.01%.

Growth & Income

The record shows no dividend for MRT.

2026 is still running; the price is −14.77% year to date. Across the complete calendar years on file, 2024 returned +421.54% and 2023 returned −93.63%. Of the 4 complete calendar years on file, 2 finished higher.