Quarterly ResultJul 23, 2026, 04:09 PM
Marten Transport Q2 Net Income $5.3M, EPS $0.07
AI Summary
Marten Transport reported Q2 2026 net income of $5.3 million, or $0.07 per diluted share, a decrease from $7.2 million in the prior year's quarter. However, the company saw a significant sequential improvement of 286.3% from Q1 2026 net income. Operating revenue for the quarter was $223.5 million, down from $229.9 million year-over-year, partly due to the sale of intermodal operations in 2025. Chairman and CEO Randolph L. Marten expressed encouragement regarding the sequential profitability improvement across all operations and noted a sharp tightening and recovery in the freight market.
Key Highlights
- Q2 2026 net income was $5.3 million, or $0.07 per diluted share, down from $7.2 million in Q2 2025.
- Net income improved 286.3% sequentially from $1.4 million in Q1 2026.
- Operating revenue for Q2 2026 was $223.5 million, compared to $229.9 million in Q2 2025.
- Operating income for Q2 2026 was $6.9 million, down from $9.7 million in Q2 2025.
- Fuel surcharge revenue increased to $38.3 million in Q2 2026 from $26.1 million in Q2 2025.
- Intermodal operations, sold in 2025, had $11.7 million in operating revenue in Q2 2025.
- Truckload operating income increased 3.1% to $2.4 million in Q2 2026.
- Dedicated operating income decreased 55.1% to $2.4 million in Q2 2026.
Price Impact
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