Marti Technologies, Inc. Form 6-K Filing

This report details Marti Technologies, Inc.'s financial performance for the three months ended March 31, 2026. The company reported a significant increase in revenue, up by 156.1% to $15.4 million, attributed to the launch of platform subscription packages. This growth was driven by a 93.3% increase in total trips and an 88.9% rise in unique platform consumers. Gross profit saw a substantial rise of 400.2% to $11.1 million, improving the gross profit margin from 36.8% to 72.0%. Despite increased selling and marketing expenses (+63.7%) and research and development costs (+61.0%), the company managed to reduce its net loss by 26.2% to $7.4 million. Operating expenses increased by 38.5% to $19.1 million. The company ended the quarter with $4.8 million in cash and cash equivalents. Marti Technologies also announced a new share repurchase program and a shareholder loyalty program.