---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-031622"
form_type: "8-K"
ticker: "MRTN"
cik: "0000799167"
company_name: "MARTEN TRANSPORT LTD"
filed_at: "2025-10-23T23:59:59+00:00"
generated_at: "2026-05-17T02:38:20.734086+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Marten Transport Q3 EPS $0.03, revenue down 7%; sells intermodal to Hub Group for $51.8M

## Summary
- Q3 net income $2.2M ($0.03 diluted EPS) vs $3.8M ($0.05) in Q3 2024; operating income $2.7M vs $4.3M.
- Operating revenue $220.5M, down 7.1% YoY; operating revenue net of fuel surcharge $194.0M.
- Closed asset sale of intermodal business (1,200+ refrigerated containers, contracts) to Hub Group for $51.8M cash.
- Nine-month net income $13.7M vs $21.3M; management cites prolonged freight recession and weak demand.
- Company remains debt-free and continues investing in technology and fleet; expects tighter immigration enforcement to help.

## SEC filing metadata
- accession: 0001437749-25-031622
- form_type: 8-K
- ticker: MRTN
- cik: 0000799167
- company_name: MARTEN TRANSPORT LTD
- filed_at: 2025-10-23T23:59:59+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/799167/000143774925031622/0001437749-25-031622-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/799167/000143774925031622/mrtn20251017_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-031622
- JSON: https://secwatch.observer/filing/0001437749-25-031622.json
- Plain text: https://secwatch.observer/filing/0001437749-25-031622.txt

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