Filing Flows › Marten Transport (MRTN) › Q4 2025
Marten Transport (MRTN) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 27, 2026
Marten Transport (MRTN) reported revenue of $210M for the fourth quarter 2025 (Q4 2025), -9% from a year earlier and -5% from the quarter before. Operating margin was 2.2%, net earnings $3.7M (1.8% of revenue).
Marten Transport, Q4 2025: revenue $210M (-9% year over year), operating margin 2.2%, net earnings $3.7M, operating cash flow $5.6M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $210M | -5% | -9% |
| Operating profit | $4.6M | +67% | -32% |
| Net earnings | $3.7M | +66% | -34% |
| Operating cash flow | $5.6M | -70% | -77% |
What changed
Revenue was $210.1M in Q4 2025, down 9% year over year and down 5% from the previous quarter. Truckload was the largest line at 50% of revenue.
Operating profit was $4.6M, a 2.2% margin (down 0.7 points year over year). Total costs fell 8% while revenue fell 9%. Net earnings were $3.7M, down 34% year over year. The effective tax rate was 26.8%.
Operating cash flow was $5.6M (down 77% year over year), 151% of net earnings. Non-cash charges added back $25.2M of depreciation and $382K of share-based compensation. Working capital and other items used $23.7M.
Questions
What was Marten Transport's revenue in the fourth quarter 2025?
Marten Transport (MRTN) reported revenue of $210M for the fourth quarter 2025 (Q4 2025), -9% from a year earlier and -5% from the quarter before.
Was Marten Transport profitable in the fourth quarter 2025?
Operating profit was $4.6M (2.2% of revenue) and net earnings $3.7M.
Source: Marten Transport 10-K on SEC EDGAR.