Marti Technologies
Combines ride-hailing, delivery, and shared two-wheeled electric vehicles through one Türkiye-focused app.
Something off on this page? Send us feedback.
Profile
Matches riders with car, motorcycle, and taxi drivers while renting its own e-scooters, e-bikes, and e-mopeds. Subscription packages connect those services, joining an asset-light marketplace to an owned fleet in Türkiye.
Runs a single app for car-, motorcycle-, and taxi-hailing, package delivery, and shared e-scooter, e-bike, and e-moped rentals. The platform matches riders and drivers, handles routing, dispatch, pricing, and payment utilities, while company-owned two-wheeled vehicles generate per-trip rental revenue. Fixed-period subscriptions span ride-hailing, delivery, and two-wheeled services.
Operates entirely in Türkiye, with ride-hailing across Turkish cities and fleet service centered on Istanbul, Izmir, and Antalya. Keeps platform development, fleet operations, and operational support in-house, using applications, IoT monitoring, and predictive-maintenance tools to coordinate the fleet. Ride-hailing legality remains under appeal; fleet use depends on national, city, and district permits, and the app is distributed through mobile storefronts.
Company facts
Key statistics
Year to date −2.6% · Average volume (30d) 49.6K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 24, 2026 | Cantor Fitzgerald | Reiterate | Neutral | $2.40 | $2.20 |
| Aug 20, 2026 | Roth Capital | Target | $3.50 | ||
| Jul 2, 2026 | Alliance Global Partners | Initiate | Buy | ||
| Jul 2, 2026 | Industrial Alliance Securities | Target | $4 | ||
| May 26, 2026 | Cantor Fitzgerald | Target | $2.40 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 19, 2026Q2 FY26 | −$0.07 | −$0.15 | −130.8% | $18.4M | $20.0M | +8.6% | −2.00% |
| May 21, 2026Q1 FY26 | −$0.35 | −$0.09 | +74.3% | $8.3M | $15.4M | +85.9% | −4.04% |
| Apr 13, 2026Q1 FY26 | −$0.29 | −$0.29 | 0.0% | $20.0M | $24.9M | +24.8% | +1.92% |
| Sep 22, 2025Q2 FY25 | −$0.31 | −$0.13 | +58.0% | $14.4M | $7.2M | −50.3% | −2.95% |
Financial highlights
| 11 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $7.2M | $7.2M | $12.5M | $12.5M | $15.4M | $20.0M | |
| Gross profit | $3.5M | $3.5M | $8.5M | $8.5M | $10.3M | $15.3M | |
| Operating income | −$6.3M | −$6.3M | −$8.0M | −$8.0M | $555.5K | $4.8M | |
| Net income | −$9.6M | −$9.6M | −$11.1M | −$11.1M | −$7.4M | −$12.5M | |
| Diluted EPS | −$0.13 | −$0.13 | −$0.13 | −$0.13 | −$0.09 | −$0.15 | |
| Gross margin | 48.6% | 48.6% | 68.6% | 68.6% | 66.9% | 76.6% | |
| Operating margin | -87.5% | -87.5% | -64.2% | -64.2% | 3.6% | 24.2% |
Fiscal years (4-quarter sums)FY24 $18.7M · FY25 $39.2M
Revenue by product · FY25
Balance sheet, Jun 30, 2026Cash & short-term investments $12.5M · Total debt $107.0M · Total assets $32.4M · Shareholders' equity −$83.8M
Dividends
No dividends on record.
Ownership
Shares outstanding 86.04M · Float 29.15M · 33.9% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Cankut Durgun | 14.72M | 17.10% | 13D | Apr 24, 2026 |
| Oguz Alper Oktem | 14.28M | 16.60% | 13D | Apr 24, 2026 |
| Yousef Hammad | 8.21M | 10.50% | 13D | Oct 29, 2025 |
| DLD Asset Management, LP | 6.57M | 7.63% | 13F | May 13, 2026 |
| Gramercy Funds Management LLC | 2.33M | 2.71% | 13F | May 15, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
- Uber
Dominant Istanbul taxi-hailing peer with adjacent delivery scale.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Marti Technologies | $2.26 | 0.00% | $194.5M | — | — | 3.2 | +179.0% |
| Uber | $78.78 | −0.01% | $160.45B | 17.3 | 20.4 | 2.9 | +12.2% |
| Median | 17.3 | 20.4 | 2.9 | +12.2% |