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Senmiao Technology vs Marti Technologies: revenue, profit, margins and growth compared

Senmiao Technology brought in $1.5M of revenue in fiscal 2026, Marti Technologies $39.2M in fiscal 2025. Revenue changed by -53.7% at Senmiao Technology and +110.3% at Marti Technologies on the year before, so Marti Technologies grew faster. Senmiao Technology kept -340.9% of its revenue as net profit, Marti Technologies -105.6%.

Side by side, latest fiscal year

AIHSMRT
Fiscal year endedFY2026 (March 31, 2026)FY2025 (December 31, 2025)
Revenue$1.5M$39.2M
Revenue growth-53.7%+110.3%
Net income-$5.3M-$41.4M
Net margin-340.9%-105.6%
Free cash flown/a-$15.3M
Free cash flow marginn/a-38.9%
Earnings per share (diluted)-$1.97-$0.53
Cash$3.6M$7.8M
Debtn/a$85.8M
Price to earningsn/an/a
Market value$25.6M$185M
Dividend yieldn/an/a
Rank by revenue in sector#936 of 955 · Consumer discretionary#783 of 955 · Consumer discretionary

Over the years

Revenue
AIHS FY2019: $2.9MAIHS FY2020: $15.8MAIHS FY2021: $6.2MAIHS FY2022: $11.7MAIHS FY2023: $8.1MAIHS FY2024: $4.3MAIHS FY2025: $3.3MAIHS FY2026: $1.5MMRT FY2021: $17MMRT FY2022: $25MMRT FY2023: $20MMRT FY2024: $18.7MMRT FY2025: $39.2MFY19FY20FY21FY22FY23FY24FY25FY26
AIHS $1.5MMRT $39.2M
Net income
AIHS FY2019: -$4.5MAIHS FY2020: -$8.7MAIHS FY2021: -$10.4MAIHS FY2022: -$536.6KAIHS FY2023: -$3.1MAIHS FY2024: -$3.7MAIHS FY2025: -$3.7MAIHS FY2026: -$5.3MMRT FY2021: -$14.5MMRT FY2022: -$14.2MMRT FY2023: -$33.8MMRT FY2024: -$73.9MMRT FY2025: -$41.4MFY19FY20FY21FY22FY23FY24FY25FY26
AIHS -$5.3MMRT -$41.4M
Net margin
AIHS FY2019: -155.8%AIHS FY2020: -55.0%AIHS FY2021: -168.0%AIHS FY2022: -4.6%AIHS FY2023: -38.5%AIHS FY2024: -84.9%AIHS FY2025: -111.4%AIHS FY2026: -340.9%MRT FY2021: -85.1%MRT FY2022: -57.0%MRT FY2023: -168.8%MRT FY2024: -395.9%MRT FY2025: -105.6%FY19FY20FY21FY22FY23FY24FY25FY26
AIHS -340.9%MRT -105.6%
Revenue growth
AIHS FY2020: +439.8%AIHS FY2021: -60.9%AIHS FY2022: +90.4%AIHS FY2023: -31.2%AIHS FY2024: -46.6%AIHS FY2025: -22.6%AIHS FY2026: -53.7%MRT FY2022: +47.0%MRT FY2023: -19.8%MRT FY2024: -6.8%MRT FY2025: +110.3%FY20FY21FY22FY23FY24FY25FY26
AIHS -53.7%MRT +110.3%
Free cash flow
AIHS FY2019: -$6.3MAIHS FY2020: -$6.9MAIHS FY2021: -$6.2MAIHS FY2022: -$12.4MAIHS FY2023: -$593.2KAIHS FY2024: -$664.4KAIHS FY2025: $499.9KMRT FY2023: -$15.5MMRT FY2024: -$25.4MMRT FY2025: -$15.3MFY19FY20FY21FY22FY23FY24FY25
AIHS $499.9KMRT -$15.3M

Fiscal years as each company reports them; the two may end in different months.

Questions about Senmiao Technology and Marti Technologies

Which is bigger by revenue, Senmiao Technology or Marti Technologies?

Marti Technologies is bigger by revenue: $39.2M in fiscal 2025, against $1.5M for Senmiao Technology in fiscal 2026.

Which keeps more of its revenue as profit, Senmiao Technology or Marti Technologies?

Senmiao Technology had a net margin of -340.9% in fiscal 2026; Marti Technologies had -105.6% in fiscal 2025.

Which grew revenue faster, Senmiao Technology or Marti Technologies?

In their latest fiscal years revenue changed by -53.7% at Senmiao Technology and +110.3% at Marti Technologies.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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