Marti Technologies (MRT)
:MRT
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Earnings Data
Report Date
Oct 09, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.17Last Year’s EPS
-0.29Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong operational and financial momentum: very large year-over-year revenue growth (156%), a dramatic gross margin improvement (to 72%), sizable gains in users, trips and driver supply, and adjusted EBITDA moved to near breakeven. Lowlights are relatively limited: adjusted EBITDA remains marginally negative, the 2‑wheeled fleet was partly decommissioned, there is seasonal quarter-to-quarter variability, and management cautioned there may be a ceiling on gross margins and that guidance does not assume further city monetization. On balance, the positive operational scale-up and sharp margin improvement materially outweigh the remaining execution and seasonality risks.Company Guidance
Triple-Digit Revenue Growth
Revenue grew 156% year-over-year to $15.4 million in Q1 2026 (from ~$6.0 million in Q1 2025), representing 22% of the company’s $70 million 2026 revenue guidance.
Large Gross Margin Expansion and Gross Profit Increase
Gross profit margin expanded from ~36.8% (Q1 2025) to 72% (Q1 2026). Gross profit increased more than fourfold to $11.1 million (an $8.9 million improvement year-over-year).
Adjusted EBITDA Near Breakeven
Adjusted EBITDA improved by $3.1 million year-over-year from negative $3.6 million in Q1 2025 to negative $0.5 million in Q1 2026; adjusted EBITDA margin improved from -60% to -3% (57 percentage point improvement).
Rapid User and Trip Growth
Unique platform consumers increased 89% year-over-year to 2.1 million; trips increased 93% year-over-year to 16.2 million in Q1 2026. Trips per unique consumer rose to 7.9.
Ride-Hailing Network Scale and Supply Growth
All-time unique ride-hailing riders grew 101% year-over-year to 3.9 million and registered ride-hailing drivers grew 70% year-over-year to 496,000; company has completed 176.4 million all-time trips and reached 7.8 million all-time unique platform consumers.
Multiservice Monetization and Engagement Benefits
Multiservice consumers generate 2.8x trips and 2.3x revenue per consumer versus single-service users. Cross-service adoption: ~33% of car hailing and 82% of motorcycle hailing consumers used services after first engaging elsewhere on the platform.
Fast, Capital-Efficient Expansion and New Service Traction
Operating across 20 cities (~80% of Turkey’s GDP) with dynamic pricing live in all cities and enhanced matching live in >50% of footprint. Delivery service launched in Istanbul and saw quick driver adoption (51% of motorcycle drivers and 23% of car drivers completed delivery trips).
MRT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MRT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 21, 2026 | $2.00 | $1.98 | -1.00% |
Apr 13, 2026 | $2.04 | $2.08 | +1.96% |
Sep 22, 2025 | $2.34 | $2.37 | +1.28% |
Apr 29, 2025 | $3.16 | $3.09 | -2.22% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Marti Technologies (MRT) report earnings?
Marti Technologies (MRT) is schdueled to report earning on Oct 09, 2026, After Close (Confirmed).
What is Marti Technologies (MRT) earnings time?
Marti Technologies (MRT) earnings time is at Oct 09, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MRT EPS forecast?
MRT EPS forecast for the fiscal quarter 2026 (Q2) is -0.17.