Filing Flows › Marten Transport (MRTN) › Q1 2026
Marten Transport (MRTN) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
Marten Transport (MRTN) reported revenue of $204M for the first quarter 2026 (Q1 2026), -9% from a year earlier and -3% from the quarter before. Operating margin was 0.8%, net earnings $1.4M (0.7% of revenue).
Marten Transport, Q1 2026: revenue $204M (-9% year over year), operating margin 0.8%, net earnings $1.4M, operating cash flow $33.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $204M | -3% | -9% |
| Operating profit | $1.6M | -65% | -73% |
| Net earnings | $1.4M | -63% | -68% |
| Operating cash flow | $33.0M | +492% | -9% |
What changed
Revenue was $203.5M in Q1 2026, down 9% year over year and down 3% from the previous quarter.
Operating profit was $1.6M, a 0.8% margin (down 1.8 points year over year). Total costs fell 7% while revenue fell 9%. Net earnings were $1.4M, down 68% year over year. The effective tax rate was 32.6%. Non-operating items added $457K, 22% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $33.0M (down 9% year over year), 2391% of net earnings. Non-cash charges added back $25.0M of depreciation and $135K of share-based compensation. Working capital and other items added $6.5M.
Questions
What was Marten Transport's revenue in the first quarter 2026?
Marten Transport (MRTN) reported revenue of $204M for the first quarter 2026 (Q1 2026), -9% from a year earlier and -3% from the quarter before.
Was Marten Transport profitable in the first quarter 2026?
Operating profit was $1.6M (0.8% of revenue) and net earnings $1.4M.
Source: Marten Transport 10-Q on SEC EDGAR.