Marti Technologies, Inc.: stock overview

MRTAMEXIndustrials · Services-Auto Rental & Leasing (No Drivers)

Price

$2.10

November 13, 2026Market cap $164M

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  • The full history: 5 fiscal years, from 2021
  • The estimated fair value, with its range and its certainty
  • The full analysis, 18 a month
  • More questions to the chat on its filings
  • Excel with every year
  • An email when it reports, changes its dividend or an officer buys

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In short

Marti Technologies had revenue of $39M in the fiscal year to December 31, 2025 and a net loss of $41M. Revenue grew by 23.3% a year on average over the last 4 years. It has net debt of $78M. It pays no dividend.

From its SEC filings (latest fiscal year to December 31, 2025) and the price of November 13, 2026.

Its SEC filings
Market cap
$164M
78.05M shares
P/E
–
Revenue, fiscal year
$39M
+23.3% a year over 4 years
Net margin
-105.6%

Worth knowing

What a holder would want to hear from the company's SEC filings of the last three years. Each with its filing, without comment.

3 fiscal years in figures

Each fiscal year's figures as the company filed them, and the share price at its end.

2023–2025 fiscal years

+40.0% a year over 2 years

Fiscal years in figures

MRT's revenue, profit, cash flow and dividend with each year-end price, from 2021 to 2022, 2 more fiscal years

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Key figures

The company's current figures in five groups. Each term is explained behind its ⓘ.

Valuation

Market cap 3-year median: $185M
$164M
Enterprise value 
$242M
P/E 
–
EV / EBIT 
–
EV / Revenue 
6.2
P/B 
–
FCF yield 3-year median: -11.8%
–
Earnings yield 3-year median: -36.9%
–

Profitability

Gross margin 
61.1%
Operating margin 
-72.7%
Net margin 3-year median: -168.8%
-105.6%
ROIC 
-120.4%
ROIC, 5-year average 
-131.4%
ROE 
–

Growth

Revenue, yearly change 
+110.3%
EPS, yearly change 
–
FCF, yearly change 
–
Revenue, average a year 
+23.3%

The yearly change compares FY2025 with FY2024.

Balance sheet

Cash 
$7.8M
Total debt 
$87M
Of which operating leases 
$755.8K
Net debt 
$78M
Net debt / EBITDA 
–
Interest cover 
–
Current ratio 
–

Balance sheet of December 31, 2025.

Returns to shareholders

Dividend yield 
0.00%
Buybacks 
0.22%
Total returned 
0.22%
Shares, yearly change 
+23.4%
Valuation against its own pastEach fiscal year's P/E, P/FCF and P/B beside today's, and the DCF calculator for the company.Valuation

Against its industry

Where its margins and returns stood in fiscal 2025 among the SEC filers of its industry (SIC code 75).

Operating margin

-72.7%

Above 6% of all companies (its industry has too few to compare).

Net margin

-105.6%

Above 3% of all companies (its industry has too few to compare).

ROA

-139.1%

Above 1% of all companies (its industry has too few to compare).

From the yearly figures every company files with the SEC, for those with revenue of at least $25 million. The industry is the first two digits of the SIC code.

The company at the SEC

How it is registered and when its fiscal year ends.

Name at the SEC
Marti Technologies, Inc.
Exchange
AMEX
Industry (SIC)
7510 · Services-Auto Rental & Leasing (No Drivers)
Fiscal year ends
December 31
Latest annual report
December 31, 2025
Reporting currency
USD
Shares
78.05M

Other companies: Industrials

The largest companies of the same sector, each with its own page.

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The full analysis

What do Marti Technologies's filings show?

These are Marti Technologies's figures. The full Ploutos AI analysis reads everything the company has filed and shows what stands behind it, with a source for every figure.

  • A fair value range built from the filings
  • Earnings quality, debt and red flags
  • Insider and institutional moves
  • The case for and the case against

Questions about MRT

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What is MRT's market cap?

Marti Technologies, Inc.'s market cap is $164M, at a price of $2.10 on November 13, 2026 and 78.05M shares.

How much revenue does MRT have?

Marti Technologies had revenue of $39M in the fiscal year to December 31, 2025. Over the last 4 years it changed by +23.3% a year on average.

Does MRT pay a dividend?

No. Marti Technologies paid no regular dividend over the last 12 months.

Where do the figures come from?

From Marti Technologies, Inc.'s SEC filings (its annual report on 20-F) and the share price. They hold no analyst estimates and no score, and they are not a recommendation.

Related pages

The other pages on US stocks, free to read. On the company pages, the last three fiscal years are open to everyone, five with a free account, and every year with Ploutos Investor.

The figures come from the company's SEC filings and the share price, and describe what it has reported. They are not a score or a fair value.