{
  "id": 1944460,
  "title": "Earnings call transcript: Marti Technologies posts revenue beat in H1 2026",
  "url": "https://urgent.news/2026/08/19/earnings-call-transcript-marti-technologies-posts-revenue-beat-in-h1",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-19T13:27:12.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/transcripts/earnings-call-transcript-marti-technologies-posts-revenue-beat-in-h1-2026-93CH-4867613"
  },
  "original_language": "en",
  "account": "Marti Technologies reported a significant 141% rise in second-quarter revenue to nearly $20 million, surpassing Wall Street's expectations. Despite a narrower-than-expected loss per share, the company's adjusted EBITDA turned positive for the first time, boosting its stock by 4% in premarket trading. The inflection point in the company's business was marked by a tripling of revenue, a tripling of gross profit, and a 32% rise in cost of revenues. The marketplace also expanded, with a 73% increase in trips and a 76% rise in unique platform consumers. Despite facing a 150% greater negative EPS than expected, the stock gained 4% as investors focused on the revenue growth and positive adjusted EBITDA. Marti's full-year 2026 revenue guidance was raised to $85 million, reflecting faster-than-expected trip growth, and adjusted EBITDA guidance was lifted to positive $7 million. Analysts remain bullish on Marti's growth trajectory, with price targets ranging from $2.40 to $6.00. The company plans to continue investing in rider and driver acquisition, city launches, and share buybacks while working towards expanding autonomous vehicle technology in Turkey.",
  "summary": null,
  "key_points": [
    "Marti Technologies revenue beat by 141% in H1 2026",
    "Adjusted EBITDA turned positive for first time",
    "Full-year 2026 revenue guidance raised to $85 million"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}