MARTEN TRANSPORT LTDMRTNEarnings & Financial Report
Marten Transport, Ltd. is an American trucking company headquartered in Mondovi, Wisconsin. The company offers refrigerated and dry van freight transport services across the United States, Canada, and Mexico.
Revenue
$246.2M
Gross Profit
N/A
Operating Profit
$10.0M
Net Profit
$7.9M
Gross Margin
N/A
Operating Margin
4.1%
Net Margin
3.2%
YoY Growth
-13.8%
EPS
$0.10
MARTEN TRANSPORT LTD Q2 FY2024 Financial Summary
MARTEN TRANSPORT LTD reported revenue of $246.2M (down 13.8% YoY) for Q2 FY2024, with a net profit of $7.9M (down 63.9% YoY) (3.2% margin).
Key Financial Metrics
| Total Revenue | $246.2M |
|---|---|
| Net Profit | $7.9M |
| Gross Margin | N/A |
| Operating Margin | 4.1% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
MARTEN TRANSPORT LTD Q2 FY2024 revenue of $246.2M breaks down across 5 segments, led by Revenue Net Of Fuel Surcharge at $96.0M (39.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Revenue Net Of Fuel Surcharge | $96.0M | 39.0% |
| Dedicated | $81.3M | 33.0% |
| Brokerage | $37.4M | 15.2% |
| Truckload Fuel Surcharge Revenue | $16.5M | 6.7% |
| Intermodal | $15.1M | 6.1% |
MARTEN TRANSPORT LTD Revenue by Segment — Quarterly Trend
MARTEN TRANSPORT LTD revenue by segment across the last 4 reported quarters, showing how each business line (such as Revenue Net Of Fuel Surcharge and Dedicated) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Revenue Net Of Fuel Surcharge | $91.2M | $90.1M | $92.5M | $90.1M |
| Dedicated | $65.9M | $67.0M | $71.9M | $73.6M |
| Brokerage | $38.2M | $38.8M | $39.9M | $33.0M |
| Truckload Fuel Surcharge Revenue | $14.8M | $14.7M | $14.0M | $14.3M |
| Intermodal | — | — | $11.7M | $12.1M |
MARTEN TRANSPORT LTD Annual Revenue by Year
MARTEN TRANSPORT LTD annual revenue history includes year-by-year totals (for example, 2025 revenue was $883.7M).
| Year | Annual Revenue |
|---|---|
| 2025 | $883.7M |
| 2024 | $963.7M |
| 2023 | $1.1B |
| 2022 | $1.3B |
MARTEN TRANSPORT LTD Quarterly Revenue & Net Profit History
MARTEN TRANSPORT LTD results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $210.1M | -8.8% | $3.7M | 1.8% |
| Q3 FY2025 | $220.5M | -7.1% | $2.2M | 1.0% |
| Q2 FY2025 | $229.9M | -6.6% | $7.2M | 3.1% |
| Q1 FY2025 | $223.2M | -10.6% | $4.3M | 1.9% |
| Q4 FY2024 | $230.4M | -14.1% | $5.6M | 2.4% |
| Q3 FY2024 | $237.4M | -15.1% | $3.8M | 1.6% |
| Q2 FY2024 | $246.2M | -13.8% | $7.9M | 3.2% |
| Q1 FY2024 | $249.7M | -16.2% | $9.6M | 3.9% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $249.7M | $246.2M | $237.4M | $230.4M | $223.2M | $229.9M | $220.5M | $210.1M |
| YoY Growth | -16.2% | -13.8% | -15.1% | -14.1% | -10.6% | -6.6% | -7.1% | -8.8% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $993.0M | $1.01B | $1.00B | $968.8M | $983.3M | $991.8M | $975.7M | $949.8M |
| Liabilities | $230.6M | $243.1M | $233.5M | $200.8M | $215.8M | $221.1M | $207.5M | $182.1M |
| Equity | $762.4M | $766.8M | $766.5M | $767.9M | $767.5M | $770.7M | $768.2M | $767.6M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $45.7M | $35.8M | $29.5M | $23.8M | $36.2M | $33.2M | $18.5M | $5.6M |