Stocks Consumer discretionary MRT
NYSE · Consumer discretionaryMarti Technologies, Inc. (MRT)
Marti Technologies, Inc. reported revenue of $39.2M in fiscal 2025, up 110.3% from a year earlier. It posted a net loss of $41.4M. In fiscal 2025 capital spending exceeded operating cash flow by $15.3M. At December 31, 2025 it held $7.8M in cash against $85.8M of debt. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on April 13, 2026.
Key facts about Marti Technologies, Inc.
- Net worth
- Marti Technologies, Inc. has a market value (market cap) of $176.4M at the latest share price, and shareholders' equity of -$67.1M on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $39.2M (+110.3% year on year), with a net loss of $41.4M.
- Cash flow
- In fiscal 2025 operations used $14.8M of cash.
- Latest report
- The latest periodic report (annual report (foreign issuer), 20-F) was filed with the SEC on April 13, 2026 and covers the period to December 31, 2025. Open on SEC EDGAR
What Marti Technologies, Inc. does
Marti Technologies, Inc. is registered with the SEC under industry code SIC 7510 (Services-Auto Rental & Leasing (No Drivers)). Its shares trade on NYSE under the ticker MRT.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $39.2M | -$41.4M | -$0.53 | -$15.3M |
| 2024 | $18.7M | -$73.9M | -$1.25 | -$25.4M |
| 2023 | $20M | -$33.8M | -$0.67 | -$15.5M |
| 2022 | $25M | -$14.2M | -$0.32 | n/a |
| 2021 | $17M | -$14.5M | -$0.42 | n/a |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where MRT ranks in Consumer discretionary
Latest SEC filings
What Marti Technologies, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 9, 2026
- November 9, 2026
- October 30, 2026
- October 26, 2026
- September 10, 2026
- August 19, 2026
- August 19, 2026
- July 13, 2026
- June 29, 2026
- June 26, 2026
Insider trades
What the people running Marti Technologies, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $707K worth of shares in the last 90 days and bought none on the open market.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 30, 2026 | Ugur AgahDirector | Received as pay | 3,199 | - |
| September 30, 2026 | Spiro AlexDirector | Received as pay | 2,666 | - |
| September 30, 2026 | Lute DouglasDirector | Received as pay | 3,732 | - |
| September 30, 2026 | Healey Kerry MurphyDirector | Received as pay | 3,732 | - |
| September 30, 2026 | Freifeld DanielDirector | Received as pay | 20,261 | - |
| September 9, 2026 | Freifeld DanielDirector | Soldindirect | 350,000 | $707K |
| June 30, 2026 | Ugur AgahDirector | Received as pay | 3,199 | - |
| June 30, 2026 | Spiro AlexDirector | Received as pay | 2,666 | - |
Who owns MRT
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Cankut Durgun13D, may seek influence with 1 related filers | 17.1% | April 24, 2026 |
| Oguz Alper Oktem13D, may seek influence | 16.6% | April 24, 2026 |
| Yousef Hammad13D, may seek influence with 4 related filers | 10.5% | October 29, 2025 |
| DLD Asset Management, LP13G, passive | 9.99% | January 2, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 16 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| DLD Asset Management, LP | 7,063,117 | +497,000 |
| Gramercy Funds Management LLC | 2,570,413 | +242,385 |
| Wells Fargo & Company | 1,000,000 | 0 |
| Arbiter Partners Capital Management LLC | 646,152 | +359,898 |
| Luxor Capital Group, LP | 355,990 | 0 |
| Weiss Asset Management LP | 308,905 | +181,499 |
| Osaic Holdings, Inc. | 158,794 | new |
| Curi Capital, LLC | 35,000 | 0 |
| Bbr Partners, LLC | 35,000 | 0 |
| CJM Wealth Advisers, Ltd. | 35,000 | 0 |
| State Street Corp | 31,330 | -2,296 |
| XTX Topco Ltd | 10,244 | new |
| Morgan Stanley | 1,000 | new |
| SBI Securities Co., Ltd. | 100 | new |
| Caitong International Asset Management Co., Ltd | 1 | new |
| Farther Finance Advisors, LLC | 1 | 0 |
Insiders
5 insiders reported holding 8,021,824 shares in total, about $16.4M at the last price.
| Holder | Shares |
|---|---|
| Freifeld DanielDirector | 7,120,4186,117,715 held indirectly |
| Ugur AgahDirector | 395,238 |
| Healey Kerry MurphyDirector | 243,866 |
| Lute DouglasDirector | 203,022 |
| Spiro AlexDirector | 59,280 |
Questions about MRT
What does Marti Technologies, Inc. do?
Marti Technologies, Inc. is a company in the Consumer discretionary sector, listed on NYSE as MRT. Its shares trade on NYSE under the ticker MRT.
What is Marti Technologies, Inc.'s net worth?
Marti Technologies, Inc. has a market value (market cap) of $176.4M at the latest share price, and shareholders' equity of -$67.1M on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Marti Technologies, Inc. profitable?
No. In fiscal 2025 it reported a net loss of $41.4M on revenue of $39.2M.
How much revenue does Marti Technologies, Inc. make?
In fiscal 2025 Marti Technologies, Inc. reported revenue of $39.2M. That is 110.3% more than a year earlier.
When did Marti Technologies, Inc. last report?
Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on April 13, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from November 9, 2026.
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Where the numbers come from
Financial figures are the values Marti Technologies, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.