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ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, announced today that as of September 2, 2026, Marti's ride-hailing service has reached 4.90 million riders and 584 thousand registered drivers, exceeding the September 30, 2026 targets of 4.90 million riders and 580 thousand registered drivers.Marti's number of ride-hailing riders grew 85% from September 2, 2025 to September 2, 2026. The number of registered.
Marti Technologies (MRT) delivered a major operating inflection, turning adjusted EBITDA positive and expanding gross margin to 77%, while accelerating revenue growth. I maintain a speculative buy rating with a $3.88 price target, but highlight that convertible debt implies upside should be viewed on a fully diluted basis. Regulatory uncertainty, balance sheet risks, and potential competition threaten margins and limit de-risking despite strong operating momentum and city expansion.
Marti Technologies, Inc. (MRT) Q2 2026 Earnings Call Transcript
Marti Technologies NYSEAMERICAN: MRT reported second-quarter 2026 revenue growth of 141% year over year to nearly $20 million and reached positive adjusted EBITDA for the first time, as its ride-hailing marketplace expanded and costs rose more slowly than revenue.
ISTANBUL--(BUSINESS WIRE)--Türkiye's leading mobility super app Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT) today reported a strong second quarter ended June 30, 2026, delivering another quarter of triple-digit revenue growth, expanding gross margin to 77%, achieving positive Adjusted EBITDA for the first time, and increasing its full-year 2026 guidance. The results reflect continued strength in Marti's rapidly growing ride-hailing marketplace, increasing platform m.
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti”) (NYSE American: MRT), Türkiye's leading mobility super app, will announce its financial and operational results for the quarter ended June 30, 2026 (“2026 Second Quarter Results”) before the U.S. markets open on Wednesday, August 19, 2026. Conference Call and Webcast Details Marti's management will host an analyst and investor conference call and live webcast to discuss its 2026 Second Quarter Results at 3:30 p.m. Istanbul / 1:30 p.m.
ISTANBUL--(BUSINESS WIRE)--Marti Technologies, Inc. (“Marti” or the “Company”) (NYSE American: MRT), Türkiye's leading mobility super app, today announced the launch of its ride-hailing service in 10 additional cities across Türkiye, expanding Marti's ride-hailing footprint to 30 cities and approximately 85% of Türkiye's GDP. Marti is expanding its ride-hailing service in response to demand, supply, and growth rates in cities outside Türkiye's largest city, Istanbul, exceeding expectations. The.
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