Marten Transport Q2 net income $5.3M ($0.07 EPS), down 26% YoY; sequential improvement from Q1

MARTEN TRANSPORT LTD

Q2 2026 net income $5.3M ($0.07 diluted EPS) vs $7.2M ($0.09) in Q2 2025; sequentially up from $1.4M ($0.02) in Q1 2026.
Operating revenue $223.5M, down from $229.9M YoY; excluding fuel surcharges, revenue $185.2M vs $203.8M.
Operating income $6.9M vs $9.7M in Q2 2025; operating expenses as % of revenue (net of fuel) 96.3% vs 95.2%.
CEO cites market tightening from federal enforcement and Supreme Court broker-liability ruling; securing higher pricing.
Debt-free balance sheet; intermodal operations sold in 2025 removed $11.7M revenue from prior-year comparison.

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