Marti Technologies, Inc. Financial Summary

Quick Answer

Marti Technologies, Inc. reported Total Revenue of $18.66 million for fiscal year 2024.

Marti Technologies, Inc. — Key Financials by Year

Metric 2024 2023 2022 2021 2020
Total Revenue $18.66M
-6.8%
$20.03M
-19.8%
$24.99M
+47.0%
$17.00M
Net Income -$73.88M
-118.5%
-$33.81M
-137.4%
-$14.25M
+1.6%
-$14.47M
Diluted EPS -$1.25
-86.6%
-$0.67
-109.4%
-$0.32
+23.8%
-$0.42
Total Assets $20.38M
-49.3%
$40.21M
-1.6%
$40.88M
-72.3%
$147.46M
Cash and Equivalents $5.15M
-73.5%
$19.42M
+85.0%
$10.50M
+1618.3%
$610.9K
Long-Term Debt $70.12M
+27.9%
$54.80M
Stockholders Equity -$61.44M
-87.9%
-$32.70M
-530.3%
$7.60M $0.00
-100.0%
$2.69M
R&D Expense $1.96M
+0.4%
$1.95M
+4.1%
$1.88M
+80.8%
$1.04M
Operating Income -$65.31M
-113.4%
-$30.60M
-105.7%
-$14.88M
-64.4%
-$9.05M
Shares Outstanding 57.04M

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Net Income March 31, 2023 $1.22M +248.1% +493.2%
Total Assets March 31, 2023 $150.50M +2.1% +1.0%
Cash and Equivalents March 31, 2023 $142.8K -76.3% -43.3%
Stockholders Equity March 31, 2023 -$5.34M -87.2% -7.2%
  • Marti Technologies, Inc. reported Total Revenue of $18.66 million for fiscal year 2024.
  • Marti Technologies, Inc. showed a decrease of -6.8% in Total Revenue compared to the prior fiscal year.
  • Marti Technologies, Inc. reported Net Income of -$73.88 million for fiscal year 2024.
  • Marti Technologies, Inc. showed a decrease of -118.5% in Net Income compared to the prior fiscal year.
  • Marti Technologies, Inc. reported Diluted EPS of $1.25 per share (loss) for fiscal year 2024.
  • Marti Technologies, Inc. showed a decrease of -86.6% in Diluted EPS compared to the prior fiscal year.
  • Marti Technologies, Inc. reported Total Assets of $20.38 million for fiscal year 2024.
  • Marti Technologies, Inc. showed a decrease of -49.3% in Total Assets compared to the prior fiscal year.
  • Marti Technologies, Inc. reported Cash and Equivalents of $5.15 million for fiscal year 2024.
  • Marti Technologies, Inc. showed a decrease of -73.5% in Cash and Equivalents compared to the prior fiscal year.
  • Marti Technologies, Inc. reported Long-Term Debt of $70.12 million for fiscal year 2024.
  • Marti Technologies, Inc. showed an increase of +27.9% in Long-Term Debt compared to the prior fiscal year.
  • Marti Technologies, Inc. reported Stockholders Equity of -$61.44 million for fiscal year 2024.
  • Marti Technologies, Inc. showed a decrease of -87.9% in Stockholders Equity compared to the prior fiscal year.
  • Marti Technologies, Inc. reported R&D Expense of $1.96 million for fiscal year 2024.
  • Marti Technologies, Inc. showed an increase of +0.4% in R&D Expense compared to the prior fiscal year.
  • Marti Technologies, Inc. reported Operating Income of -$65.31 million for fiscal year 2024.
  • Marti Technologies, Inc. showed a decrease of -113.4% in Operating Income compared to the prior fiscal year.
  • Marti Technologies, Inc. reported Shares Outstanding of 57.04 million shares for fiscal year 2023.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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