May. 26 at 2:41 PM
$MRT Marti’s Q1 2026 results are out and the trajectory is hard to ignore.
Revenue grew 156% YoY to
$15.4M, gross margins expanded to 72%, and Adj. EBITDA came in at $(0.5)M, nearly breakeven. Trips up 93% to 16.2M and unique consumers up 89% to 2.1M.
What stands out isn't just the topline growth, it's that operating leverage is clearly starting to show up. Scaling this fast while expanding margins is not easy to do.
Management is reaffirming
$70M revenue and
$1M positive Adj. EBITDA for FY2026, which would mark the company's first full year of profitability on an Adjusted EBITDA basis.
The fundamentals are moving in the right direction.
