# Marti reports first operating profit as quarterly revenue rises 128.1%

_Published Monday, November 9, 2026 at 7:19 AM EST · Products · Latest · Tier 2 — Notable_

![Marti reports first operating profit as quarterly revenue rises 128.1% — Primary](https://s.yimg.com/lo/mysterio/api/d2a4bd2ff3d373fbc95a885b1c3aec4f60ea22f40c9856a6d875ab0dba075c96/lightyear_networkapi/resizefill_w1200%3Bquality_80%3Bformat_webp/https%3A%2F%2Fmedia.zenfs.com%2Fen%2Fbusiness-wire.com%2F23793752eb7469bc935a6f3714dfb418.jpg)

Turkish mobility platform Marti reported its first positive quarterly operating income, at $2.7 million, compared with an $8.8 million operating loss a year earlier. Third-quarter revenue rose 128.1% to $24.7 million, the company said in its earnings release.

Revenue per trip increased 56.3% to $1.13, while trips rose 45.9% to 21.97 million. Total operating expenses, including revenue costs, increased 11.9%, below revenue growth. Marti generated $1.0 million in operating cash flow for its second consecutive positive quarter, but still recorded a $1.0 million net loss.

## Sources

- [Yahoo Finance](https://finance.yahoo.com/markets/stocks/articles/marti-reports-first-ever-positive-110000528.html)

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Canonical: https://techandbusiness.org/newswire/An0dBDjcdZCMzSTpehcdq-
Published: 2026-11-09T12:19:24.945Z
Story chronology: 2026-11-09T11:00:00.000Z
Retrieved: 2026-11-09T15:16:15.627Z
Publisher: Tech & Business (techandbusiness.org)