---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-013179"
form_type: "8-K"
ticker: "MRTN"
cik: "0000799167"
company_name: "MARTEN TRANSPORT LTD"
filed_at: "2026-04-23T23:59:59+00:00"
generated_at: "2026-05-15T04:44:10.649529+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Marten Transport Q1 EPS $0.02 vs $0.05; revenue $203.5M

## Summary
- Net income of $1.4M ($0.02 diluted EPS) vs $4.3M ($0.05) in Q1 2025.
- Operating revenue $203.5M, down 8.8% YoY from $223.2M; intermodal sold in 2025.
- Operating income $1.6M vs $5.9M; operating expense ratio rose to 99.2% from 97.4%.
- CEO cites severe winter storms, diesel price spike, freight market recession as pressures.
- Maintains debt-free balance sheet; expects recovery from immigration enforcement capacity cuts.

## SEC filing metadata
- accession: 0001437749-26-013179
- form_type: 8-K
- ticker: MRTN
- cik: 0000799167
- company_name: MARTEN TRANSPORT LTD
- filed_at: 2026-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/799167/000143774926013179/0001437749-26-013179-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/799167/000143774926013179/mrtn20260417_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-013179
- JSON: https://secwatch.observer/filing/0001437749-26-013179.json
- Plain text: https://secwatch.observer/filing/0001437749-26-013179.txt

## Key facts
- Earnings Releases
  MARTEN TRANSPORT LTD reported first quarter ended March 31, 2026 results: revenue $203.5 million, net income $1.4 million, EPS 2 cents per diluted share.
  - Period: first quarter ended March 31, 2026
  - Revenue: $203.5 million
  - Net income: $1.4 million
  - EPS: 2 cents per diluted share
  - Result: reported results
  source text: Marten Transport, Ltd. (Nasdaq/GS:MRTN) today reported net income of $1.4 million, or 2 cents per diluted share, for the first quarter ended March 31, 2026, compared with $4.3 million, or 5 cents per diluted share, for the first quarter of 2025. Operating revenue was $203.5 million for the first quarter of 2026 compared with $223.2 million for the first quarter of 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/799167/000143774926013179/0001437749-26-013179-index.htm

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