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20-F

Annual Report (Foreign)

Marti Technologies, Inc. MRT

0001213900-26-042974

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Filed
Apr 13, 2026 12:00 AM ET
Period of report
Restated figures. One or more values in this filing restate previously reported amounts.

On SEC.gov

Financials in this filing

Metric Period Value
Shares Diluted FY 2025 · Dec 31, 2025 78.05M sh
Shares Diluted FY 2025 · Dec 31, 2024 58.97M sh
Shares Diluted FY 2025 · Dec 31, 2023 50.58M sh
Shares Outstanding FY 2025 · Dec 31, 2025 86.04M sh
Stock Repurchased FY 2025 · Dec 31, 2025 $367.63K
Capex FY 2025 · Dec 31, 2025 $485.33K
Capex FY 2025 · Dec 31, 2024 $332.35K
Capex FY 2025 · Dec 31, 2023 $652.37K
Operating Cash Flow FY 2025 · Dec 31, 2025 −$14.78M
Operating Cash Flow FY 2025 · Dec 31, 2024 −$25.08M
Operating Cash Flow FY 2025 · Dec 31, 2023 −$14.87M
Long Term Debt FY 2025 · Dec 31, 2025 $82.12M
Long Term Debt FY 2025 · Dec 31, 2024 $70.12M
Cash And Equivalents FY 2025 · Dec 31, 2025 $7.81M
Cash And Equivalents FY 2025 · Dec 31, 2024 $5.15M
Stockholders Equity FY 2025 · Dec 31, 2025 −$67.09M
Stockholders Equity FY 2025 · Dec 31, 2024 −$61.44M
Stockholders Equity FY 2025 · Dec 31, 2023 −$32.7M
Stockholders Equity restated FY 2025 · Dec 31, 2022 $7.6M
Current Liabilities FY 2025 · Dec 31, 2025 $14.39M
Current Liabilities FY 2025 · Dec 31, 2024 $11.32M
Total Liabilities FY 2025 · Dec 31, 2025 $96.89M
Total Liabilities FY 2025 · Dec 31, 2024 $81.82M
Current Assets FY 2025 · Dec 31, 2025 $13.94M
Current Assets FY 2025 · Dec 31, 2024 $11.42M
Total Assets FY 2025 · Dec 31, 2025 $29.8M
Total Assets FY 2025 · Dec 31, 2024 $20.38M
Eps Diluted FY 2025 · Dec 31, 2025 −$0.53
Eps Diluted FY 2025 · Dec 31, 2024 −$1.25
Eps Diluted FY 2025 · Dec 31, 2023 −$0.67
Eps Basic FY 2025 · Dec 31, 2025 −$0.53
Eps Basic FY 2025 · Dec 31, 2024 −$1.25
Eps Basic FY 2025 · Dec 31, 2023 −$0.67
Sga Expense FY 2025 · Dec 31, 2025 $28.05M
Sga Expense FY 2025 · Dec 31, 2024 $49.25M
Sga Expense FY 2025 · Dec 31, 2023 $15.13M
Rd Expense FY 2025 · Dec 31, 2025 $3.01M
Rd Expense FY 2025 · Dec 31, 2024 $1.96M
Rd Expense FY 2025 · Dec 31, 2023 $1.95M
Net Income FY 2025 · Dec 31, 2025 −$41.45M
Net Income FY 2025 · Dec 31, 2024 −$73.88M
Net Income FY 2025 · Dec 31, 2023 −$33.81M
Operating Income FY 2025 · Dec 31, 2025 −$28.53M
Operating Income FY 2025 · Dec 31, 2024 −$65.31M
Operating Income FY 2025 · Dec 31, 2023 −$30.6M
Cost Of Revenue FY 2025 · Dec 31, 2025 $15.25M
Cost Of Revenue FY 2025 · Dec 31, 2024 $21.55M
Cost Of Revenue FY 2025 · Dec 31, 2023 $24.08M