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Marten Transport (MRTN) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 6, 2026

Marten Transport (MRTN) reported revenue of $223M for the third quarter 2026 (Q3 2026), +1% from a year earlier and -0.1% from the quarter before. Operating margin was 1.4%, net earnings $2.9M (1.3% of revenue).

Revenue$223M
Year over year+1%
Quarter over quarter-0.1%
Operating margin1.4%
Net earnings$2.9M

Marten Transport, Q3 2026: revenue $223M (+1% year over year), operating margin 1.4%, net earnings $2.9M, operating cash flow $22.6M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$223M-0.1%+1%
Operating profit$3.1M-56%+12%
Net earnings$2.9M-46%+31%
Operating cash flow$22.6M-18%+22%

What changed

Revenue was $223.2M in Q3 2026, up 1% year over year and roughly flat from the previous quarter.

Operating profit was $3.1M, a 1.4% margin (up 0.1 points year over year). Of the extra revenue versus Q3 2025, 12% reached operating profit, above the 1% margin then. Total costs grew 1% against revenue growth of 1%. Net earnings were $2.9M, up 31% year over year. The effective tax rate was 26.3%. Non-operating items added $882K, 22% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was $22.6M (up 22% year over year), 776% of net earnings. Non-cash charges added back $24.5M of depreciation and $193K of share-based compensation. Working capital and other items used $5.0M.

Questions

What was Marten Transport's revenue in the third quarter 2026?

Marten Transport (MRTN) reported revenue of $223M for the third quarter 2026 (Q3 2026), +1% from a year earlier and -0.1% from the quarter before.

Was Marten Transport profitable in the third quarter 2026?

Operating profit was $3.1M (1.4% of revenue) and net earnings $2.9M.

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Source: Marten Transport 10-Q on SEC EDGAR.