# Marti Technologies, Inc.: Form 20-F for the period ended Dec 31, 2025

- Company: [Marti Technologies, Inc.](/companies/mrt.md) (CIK 1852767)
- Form: 20-F
- Filed: 2026-04-13
- Accepted by EDGAR: Apr 13, 2026, 16:02 ET
- Period: 2025-12-31
- Accession: 0001213900-26-042974
- Inline XBRL: yes
- Main document: https://www.sec.gov/Archives/edgar/data/1852767/000121390026042974/ea0284871-20f_marti.htm
- All documents and exhibits: https://www.sec.gov/Archives/edgar/data/1852767/000121390026042974/

## Figures reported in this filing

Standardized XBRL line items for the period ended 2025-12-31.

| Line item | Period | Value | XBRL concept |
| --- | --- | ---: | --- |
| Revenue | 12 months, 2025-01-01 to 2025-12-31 | $39.2m | us-gaap:Revenues |
| Cost of revenue | 12 months, 2025-01-01 to 2025-12-31 | $15.3m | us-gaap:CostOfRevenue |
| Research and development | 12 months, 2025-01-01 to 2025-12-31 | $3.0m | us-gaap:ResearchAndDevelopmentExpense |
| Operating income | 12 months, 2025-01-01 to 2025-12-31 | −$28.5m | us-gaap:OperatingIncomeLoss |
| Net income | 12 months, 2025-01-01 to 2025-12-31 | −$41.4m | us-gaap:NetIncomeLoss |
| Diluted EPS | 12 months, 2025-01-01 to 2025-12-31 | −$0.53 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 12 months, 2025-01-01 to 2025-12-31 | −$0.53 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 12 months, 2025-01-01 to 2025-12-31 | 78,047,498 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 12 months, 2025-01-01 to 2025-12-31 | −$14.8m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 12 months, 2025-01-01 to 2025-12-31 | $485.3k | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Share repurchases | 12 months, 2025-01-01 to 2025-12-31 | $367.6k | us-gaap:PaymentsForRepurchaseOfCommonStock |
| Cash and equivalents | at 2025-12-31 | $7.8m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | at 2025-12-31 | $13.9m | us-gaap:AssetsCurrent |
| Total assets | at 2025-12-31 | $29.8m | us-gaap:Assets |
| Current liabilities | at 2025-12-31 | $14.4m | us-gaap:LiabilitiesCurrent |
| Total liabilities | at 2025-12-31 | $96.9m | us-gaap:Liabilities |
| Long-term debt | at 2025-12-31 | $82.1m | us-gaap:LongTermDebtNoncurrent |
| Current portion of debt | at 2025-12-31 | $3.7m | us-gaap:LongTermDebtCurrent |
| Shareholders' equity | at 2025-12-31 | −$67.1m | us-gaap:StockholdersEquity |
| Shares outstanding | at 2025-12-31 | 86,042,726 shares | dei:EntityCommonStockSharesOutstanding |

## Sections

Sections are extracted only from 10-K and 10-Q reports. Read this filing’s documents on sec.gov. https://www.sec.gov/Archives/edgar/data/1852767/000121390026042974/ea0284871-20f_marti.htm

Filed Apr 13, 2026.
Source: SEC EDGAR, the filing index for accession 0001213900-26-042974. Last ingested by Listed: Nov 9, 2026, 17:12 ET. No prices; not investment advice.