Inferra AI / Company / MRTN

Marten Transport Ltd.

MRTN · Industrials

Last earnings Oct 22, 2026

Key results

Net incomequarter

$2.2 million

(Nasdaq/GS:MRTN) today reported net income of $2.2 million, or 3 cents per diluted share, for the third quarter ended September 30, 2025, compared with $3.8 million, or 5 cents per diluted share, for the third quarter of 2024.

SEC original ↗Marten Transport Ltd. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

For the nine-month period ended September 30, 2025, net income was $13.7 million, or 17 cents per diluted share, compared with $21.3 million, or 26 cents per diluted share, for the 2024 nine-month period.

SEC original ↗Marten Transport Ltd. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Operating revenuequarter

$220.5 million

Operating revenue was $220.5 million for the third quarter of 2025 compared with $237.4 million for the third quarter of 2024.

SEC original ↗Marten Transport Ltd. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Revenuequarter

$194.0 million

Excluding fuel surcharges, operating revenue was $194.0 million for the 2025 quarter compared with $207.9 million for the 2024 quarter.

SEC original ↗Marten Transport Ltd. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Fuel surcharge revenue decreased to $26.5 million for the 2025 quarter from $29.5 million for the 2024 quarter.

SEC original ↗Marten Transport Ltd. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Operating revenueytd

$673.5 million

Operating revenue was $673.5 million for the first nine months of 2025 compared with $733.3 million for the first nine months of 2024.

SEC original ↗Marten Transport Ltd. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Excluding fuel surcharges, operating revenue was $593.5 million for the 2025 period compared with $637.1 million for the 2024 period.

SEC original ↗Marten Transport Ltd. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Fuel surcharge revenue decreased to $80.0 million for the 2025 period from $96.1 million for the 2024 period.

SEC original ↗Marten Transport Ltd. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

AI analysis

Q3 2025 · reported Oct 23, 2025

Based on: Earnings release + Q3 2025 deck + parent 8-K + 10-Q — transcript not held

Revenue · Q3 2025
$194.0M
EX-99 · Oct 23, 2025
Net income · Q3 2025
$2.2M
-42.1% -$2M vs year ago computed from stated figures
EX-99 · Oct 23, 2025
Operating revenue · Q3 2025
$220.5M
-7.1% vs year ago computed from stated figures
EX-99 · Oct 23, 2025

Headline figures

MetricQ3 2025Prior qtrYear ago
Net income$2.2 million—$3.8 million
Operating revenue$220.5 million—$237.4 million
Revenue$194.0 million——

EX-99 · Oct 23, 2025

Guidance · company-stated

No guidance located in the held release

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

Dividendfull year$ 150M

Our strong, debt-free balance sheet enhances our ability to continue investing in our technology and modern fleet and position our operations to capitalize on future profitable organic growth opportunities.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

MARTEN TRANSPORT ANNOUNCES THIRD QUARTER RESULTS

Based on: Earnings release + Q3 2025 deck + parent 8-K + 10-Q — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

Our strong, debt-free balance sheet enhances our ability to continue investing in our technology and modern fleet and position our operations to capitalize on future profitable organic growth opportunities.

SEC original ↗Marten Transport Ltd. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

(3) Long-Term Debt In August 2022, we entered into a credit agreement that provides for an unsecured committed credit facility with an aggregate principal amount of $ 30.0 million which matures in August 2027.

SEC original ↗Marten Transport Ltd. — 10-Q Quarterly report10-QAug 6, 2026

As of that date, we had outstanding standby letters of credit to guarantee settlement of self-insurance claims of $ 33.2 million and remaining borrowing availability of $ 1.8 million.

SEC original ↗Marten Transport Ltd. — 10-Q Quarterly report10-QAug 6, 2026

6 Our credit agreement effective in August 2022 prohibits us from paying, in any fiscal year, stock redemptions and dividends in excess of $ 150 million.

SEC original ↗Marten Transport Ltd. — 10-Q Quarterly report10-QAug 6, 2026

(5) Share Repurchase Program Our existing share repurchase program currently provides for the repurchase of up to $ 50.0 million.

SEC original ↗Marten Transport Ltd. — 10-Q Quarterly report10-QAug 6, 2026

The share repurchase program allows purchases on the open market or through private transactions in accordance with Rule 10b-18 of the Securities Exchange Act of 1934, as amended.

SEC original ↗Marten Transport Ltd. — 10-Q Quarterly report10-QAug 6, 2026

Strategy & priorities

We remain focused on minimizing the freight market s impact with our emphasis on safe, premium service, data-driven operating efficiencies and cost controls.

SEC original ↗Marten Transport Ltd. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Our strong, debt-free balance sheet enhances our ability to continue investing in our technology and modern fleet and position our operations to capitalize on future profitable organic growth opportunities.

SEC original ↗Marten Transport Ltd. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

This transaction clarifies our focus on investing in and positioning our core operations for future expansion.

SEC original ↗Marten Transport Ltd. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

Overview We have strategically transitioned from a refrigerated long-haul carrier to a multifaceted business offering a network of time and temperature-sensitive and dry truck-based transportation and distribution capabilities across our current five distinct business platforms Temperature-Sensitive and Dry Truckload, Dedicated, Brokerage and MRTN de Mexico.

SEC original ↗Marten Transport Ltd. — 10-Q Quarterly report10-QAug 6, 2026

We have worked diligently to control fuel usage and costs by improving our volume purchasing arrangements and optimizing our drivers fuel purchases with national fuel centers, focusing on shorter lengths of haul, installing and tightly managing the use of auxiliary power units in our tractors to minimize engine idling and improving fuel usage in the temperature-control units on our trailers.

SEC original ↗Marten Transport Ltd. — 10-Q Quarterly report10-QAug 6, 2026

Risks & headwinds

These statements include a discussion of Marten s prospects for future growth, including the impact on the freight market of the current administration s recent immigration enforcement efforts including stricter standards for non-domiciled commercial driver s licenses and increased enforcement of English Language Proficiency and B-1 visa regulations, and by their nature involve substantial risks and uncertainties, and actual results may differ materially from those expressed in such forward-looking statements.

SEC original ↗Marten Transport Ltd. — Earnings release (8-K exhibit)EX-99Oct 23, 2025

A number of trucking companies, including us, have been subject to lawsuits, including class action lawsuits, alleging violations of various federal and state wage and hour laws.

SEC original ↗Marten Transport Ltd. — 10-Q Quarterly report10-QAug 6, 2026

A number of these lawsuits have resulted in the payment of substantial settlements or damages by the defendants.

SEC original ↗Marten Transport Ltd. — 10-Q Quarterly report10-QAug 6, 2026

The outcome of litigation, particularly class action lawsuits, is difficult to assess or quantify, and the magnitude of the potential loss relating to such lawsuits may remain unknown for substantial periods of time.

SEC original ↗Marten Transport Ltd. — 10-Q Quarterly report10-QAug 6, 2026

The cost to defend litigation may also be significant.

SEC original ↗Marten Transport Ltd. — 10-Q Quarterly report10-QAug 6, 2026

Based on our present knowledge of the facts and, in certain cases, advice of outside counsel, management believes the resolution of open claims and pending litigation, taking into account existing reserves, is not likely or probable to have a materially adverse effect on our consolidated condensed financial statements; however, the final disposition of these matters and the impact of such final dispositions cannot be determined at this time.

SEC original ↗Marten Transport Ltd. — 10-Q Quarterly report10-QAug 6, 2026

Documents

Earnings deck slides

0 decks with slide view

Marten Transport Ltd. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Marten Transport Ltd. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Marten Transport Ltd. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Marten Transport Ltd. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Marten Transport Ltd. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Marten Transport Ltd. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Marten Transport Ltd. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Marten Transport Ltd. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Filings

31 documents

Earnings releases

14 documents

Presentations

8 documents

Transcripts

0 documents

No transcripts for Marten Transport Ltd. are held in this edition of the library.

Mentioned by

1 company

Other tracked companies whose held documents mention Marten Transport Ltd. by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.