Marten Transport

Q2 FY2026 EarningsQ2 FY2026 revenue was $223.5M, down 2.8% YoY but up sequentially from Q1. Net income reached $5.3M ($0.07 per diluted share), a 286.3% sequential recovery from Q1 FY2026, though down from $7.2M in Q2 FY2025. Results were impacted by the divestiture of Intermodal operations in 2025 and rising fuel surcharge revenue ($38.3M vs. $26.1M YoY). The consolidated operating ratio was 96.9%, with management citing a tightening freight market and improved pricing power.