Marti Technologies, Inc. reported full‑year 2025 revenue of $39.24 million, a 110% increase from $18.66 million in 2024, and a net loss of $41.45 million, down from $73.88 million a year earlier. The jump in revenue was driven primarily by the monetization of the company’s ride‑hailing platform, which began generating revenue in 2024, and by the launch of a same‑hour delivery service in October 2025.
Gross profit margin swung dramatically from a negative 15% in 2024 to 61% in 2025, a 76‑percentage‑point improvement. The margin expansion reflects a shift in the revenue mix toward higher‑margin ride‑hailing and delivery services, coupled with operational efficiencies and AI‑driven cost reductions that lowered variable costs per transaction.
The ride‑hailing segment accounted for the majority of the revenue growth, while the two‑wheeled electric‑vehicle segment continued to serve as a low‑margin customer‑acquisition channel. The company also reported that its delivery service, launched in October 2025, added a new revenue stream and broadened its multi‑service platform, further diversifying income sources.
Founder and CEO Oguz Alper Oktem said, "2025 was a truly breakthrough year for Marti. We more than doubled our revenue, reduced our operating loss by over half, and demonstrated the power of our model as revenue scaled faster than costs at every level." Oktem added that the company’s guidance for 2026 includes $70 million in revenue and a positive adjusted EBITDA of $1 million, signaling confidence in continued growth and a path to profitability.
Investors responded positively to the results, citing the revenue beat, the dramatic margin turnaround, and the optimistic 2026 guidance as key drivers of confidence in Marti’s business model and execution. The company’s ability to scale its platform while improving profitability positions it well for future expansion across its 20‑market footprint in Turkey.
Overall, the 2025 earnings release marks a significant milestone for Marti Technologies, demonstrating that its monetization strategy and operational efficiencies are translating into tangible financial improvement and setting the stage for a profitable 2026.
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