Page 1

August 19 , 2026 marti Marti Achieves Record Second Quarter with 141 % Revenue Growth , 77 % Gross Profit Margin , Significant Improvement in Profitability , and Increased Guidance Ride - hailing growth , platform monetization , and expanding margins drove record profitability and support increased full - year guidance ISTANBUL -- ( BUSINESS WIRE ) -- Türkiye's leading mobility super app Marti Technologies , Inc. ( " Marti ” or the “ Company ” ) ( NYSE American : MRT ) today reported a strong second quarter ended June 30 , 2026 , delivering another quarter of triple - digit revenue growth , expanding gross margin to 77 % , achieving positive Adjusted EBITDA for the first time , and increasing its full - year 2026 guidance . The results reflect continued strength in Marti's rapidly growing ride - hailing marketplace , increasing platform monetization , and accelerating operating leverage . Financial and Operational Highlights for Second Quarter 2026 • Marketplace growth continued at a rapid pace : Trips increased 73 % YoY to 18.8 million , unique platform consumers grew 76 % YoY to 2.4 million , all - time unique ride- hailing riders increased 95 % YoY , and registered drivers grew 66 % YoY , exceeding the Company's quarterly operational targets . • Revenue growth drove positive Adjusted EBITDA and supported increased full- year guidance : Revenue increased 141 % YoY to $ 20.0 million , net loss increased 36 % to $ 12.5 million due to one - time non - cash loss on debt extinguishment of $ 8.3 million , while Adjusted EBITDA improved by $ 5.3 million YoY to positive $ 2.9 million , reflecting continued success in platform subscription package monetization and increasing operating leverage across Marti's multi - service platform , and supporting the Company's increased full - year 2026 guidance . • Record gross margin demonstrates operating leverage : Gross profit increased $ 10.6 million YoY to $ 15.3 million , while gross profit margin expanded 1,947 basis points to 77 % , driven by higher platform monetization and disciplined cost management despite marketplace growth . • Increased full - year 2026 guidance following first half : The Company increased its full - year 2026 guidance to $ 85 million in revenue and $ 7 million of Adjusted EBITDA , reflecting expanding addressable markets in the cities where it operates across Türkiye , accelerating demand across its services , and higher gross margins driven by continued operating leverage and marketplace efficiency . " The second quarter represents an important milestone for Marti , " said Oguz Alper Öktem , Founder and CEO . " We more than doubled revenue , delivered record gross profitability , and