---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-012120"
form_type: "8-K"
ticker: "MRTN"
cik: "0000799167"
company_name: "MARTEN TRANSPORT LTD"
filed_at: "2025-04-16T23:59:59+00:00"
generated_at: "2026-05-23T14:06:18.722994+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Marten Transport Q1 net income drops 55% to $4.3M; EPS $0.05 vs $0.12

## Summary
- Net income $4.3M ($0.05 diluted EPS) vs $9.6M ($0.12) in Q1 2024.
- Operating revenue $223.2M, down 10.6% YoY from $249.7M.
- Operating income $5.9M vs $12.3M; operating expense ratio 97.4% vs 95.1%.
- Fuel surcharge revenue fell to $27.4M from $33.9M.
- Executive Chairman cites freight market recession and trade policy volatility as headwinds.

## SEC filing metadata
- accession: 0001437749-25-012120
- form_type: 8-K
- ticker: MRTN
- cik: 0000799167
- company_name: MARTEN TRANSPORT LTD
- filed_at: 2025-04-16T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/799167/000143774925012120/0001437749-25-012120-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/799167/000143774925012120/mrtn20250411_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-012120
- JSON: https://secwatch.observer/filing/0001437749-25-012120.json
- Plain text: https://secwatch.observer/filing/0001437749-25-012120.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.