Marten Transport, Ltd. (MRTN) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 203.53M | 210.11M | 220.47M | 229.92M | 223.15M | 230.43M | 237.37M | 246.24M | 249.67M | 268.22M | 279.54M | 285.67M | 298.02M | 322.58M | 324.45M | 329.56M | 287.28M | 266.88M | 251.28M | 232.44M |
| Revenue Growth % | -8.79% | -8.82% | -7.12% | -6.63% | -10.62% | -14.09% | -15.09% | -13.8% | -16.22% | -16.85% | -13.84% | -13.32% | 3.74% | 20.87% | 29.12% | 41.78% | 28.8% | 17.39% | 16.33% | 9.44% |
| Cost of Goods Sold | 195.12M | 247.6M | 195.81M | 197.2M | 192.56M | 197.09M | 207.94M | 213.24M | 214.73M | 226.21M | 237.9M | 233.68M | 244.93M | 265.69M | 264.71M | 265.49M | 229.48M | 217.16M | 204.92M | 189.01M |
| COGS % of Revenue | 95.87% | 117.84% | 88.82% | 85.77% | 86.29% | 85.53% | 87.6% | 86.6% | 86.01% | 84.34% | 85.11% | 81.8% | 82.19% | 82.36% | 81.59% | 80.56% | 79.88% | 81.37% | 81.55% | 81.32% |
| Gross Profit | 8.41M | -37.49M | 24.66M | 32.73M | 30.6M | 33.34M | 29.43M | 33M | 34.94M | 42.01M | 41.64M | 51.99M | 53.09M | 56.89M | 59.74M | 64.07M | 57.8M | 49.72M | 46.36M | 43.43M |
| Gross Margin % | 4.13% | -17.84% | 11.18% | 14.23% | 13.71% | 14.47% | 12.4% | 13.4% | 13.99% | 15.66% | 14.89% | 18.2% | 17.81% | 17.64% | 18.41% | 19.44% | 20.12% | 18.63% | 18.45% | 18.68% |
| Gross Profit Growth % | -72.52% | -212.44% | -16.21% | -0.82% | -12.43% | -20.64% | -29.33% | -36.53% | -34.19% | -26.15% | -30.3% | -18.85% | -8.14% | 14.43% | 28.85% | 47.53% | 32.43% | 9.63% | 10.76% | -1.45% |
| Operating Expenses | 8.24M | -30M | 21.92M | 22.99M | 24.74M | 26.61M | 25.16M | 23.02M | 22.69M | 26.36M | 24.41M | 23.78M | 24.08M | 24.11M | 25.97M | 23.13M | 21.94M | 19.04M | 17.87M | 14.91M |
| OpEx % of Revenue | 4.05% | -14.28% | 9.94% | 10% | 11.09% | 11.55% | 10.6% | 9.35% | 9.09% | 9.83% | 8.73% | 8.32% | 8.08% | 7.47% | 8% | 7.02% | 7.64% | 7.13% | 7.11% | 6.41% |
| Selling, General & Admin | 2.1M | 0 | 13.47M | 18.02M | 15.66M | 17.33M | 15.93M | 14.86M | 14.03M | 17.73M | 15.84M | 14.99M | 17.6M | 14.96M | 14.08M | 15.68M | 14.97M | 12.68M | 12.68M | 11.45M |
| SG&A % of Revenue | 1.03% | - | 6.11% | 7.84% | 7.02% | 7.52% | 6.71% | 6.03% | 5.62% | 6.61% | 5.67% | 5.25% | 5.91% | 4.64% | 4.34% | 4.76% | 5.21% | 4.75% | 5.05% | 4.92% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 172K | -7.49M | 2.74M | 9.73M | 5.86M | 6.73M | 4.27M | 9.97M | 12.25M | 15.66M | 17.23M | 28.21M | 29.01M | 32.78M | 33.77M | 40.94M | 35.86M | 30.68M | 28.5M | 28.52M |
| Operating Margin % | 0.08% | -3.56% | 1.24% | 4.23% | 2.63% | 2.92% | 1.8% | 4.05% | 4.91% | 5.84% | 6.16% | 9.88% | 9.73% | 10.16% | 10.41% | 12.42% | 12.48% | 11.49% | 11.34% | 12.27% |
| Operating Income Growth % | -97.06% | -211.27% | -35.86% | -2.41% | -52.17% | -57.04% | -75.22% | -64.65% | -57.77% | -52.24% | -48.97% | -31.08% | -19.1% | 6.87% | 18.49% | 43.55% | 49.42% | 20.03% | 16.79% | 12.92% |
| EBITDA | 25.18M | 17.68M | 28.18M | 37.04M | 33.33M | 34.26M | 31.66M | 38.18M | 40.78M | 44.41M | 46.25M | 57.64M | 58.54M | 62.41M | 62.15M | 67.8M | 62M | 56.64M | 53.87M | 54.06M |
| EBITDA Margin % | 12.37% | 8.42% | 12.78% | 16.11% | 14.94% | 14.87% | 13.34% | 15.51% | 16.33% | 16.56% | 16.54% | 20.18% | 19.64% | 19.35% | 19.15% | 20.57% | 21.58% | 21.22% | 21.44% | 23.26% |
| EBITDA Growth % | -24.46% | -48.38% | -10.98% | -2.98% | -18.27% | -22.86% | -31.54% | -33.76% | -30.34% | -28.85% | -25.58% | -14.99% | -5.58% | 10.18% | 15.37% | 25.42% | 24.79% | 10.04% | 7.78% | 5.52% |
| D&A (Non-Cash Add-back) | 25.01M | 25.17M | 25.45M | 27.31M | 27.47M | 27.53M | 27.39M | 28.21M | 28.53M | 28.75M | 29.02M | 29.43M | 29.53M | 29.63M | 28.38M | 26.86M | 26.14M | 25.96M | 25.37M | 25.54M |
| EBIT | 2.05M | 5.05M | 835K | 4.55M | 4.19M | 6.34M | 3.39M | 7.44M | 11.08M | 13.86M | 14.22M | 24.66M | 23.76M | 29.83M | 32.7M | 36.13M | 31.32M | 26.24M | 23.96M | 23.18M |
| Net Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 1.88M | 12.53M | 213K | 436K | 349K | 394K | 922K | 1.01M | 796K | 868K | 1.02M | 1.08M | 844K | 520K | 264K | 36K | 7K | 16K | 8K | 9K |
| Pretax Income | 2.05M | 5.05M | 2.95M | 10.17M | 6.21M | 7.12M | 5.19M | 10.99M | 13.05M | 16.52M | 18.25M | 29.29M | 29.85M | 33.3M | 34.03M | 40.97M | 35.87M | 30.69M | 28.5M | 28.53M |
| Pretax Margin % | 1.01% | 2.4% | 1.34% | 4.42% | 2.78% | 3.09% | 2.19% | 4.46% | 5.23% | 6.16% | 6.53% | 10.25% | 10.02% | 10.32% | 10.49% | 12.43% | 12.48% | 11.5% | 11.34% | 12.27% |
| Income Tax | 667K | 1.35M | 725K | 2.98M | 1.87M | 1.49M | 1.44M | 3.1M | 3.4M | 4.13M | 4.65M | 7.42M | 7.35M | 7.79M | 8.38M | 9.31M | 8.33M | 5.96M | 7.23M | 7.11M |
| Effective Tax Rate % | 32.55% | 26.76% | 24.57% | 29.34% | 30.17% | 20.9% | 27.68% | 28.2% | 26.06% | 24.97% | 25.48% | 25.32% | 24.63% | 23.39% | 24.64% | 22.73% | 23.23% | 19.43% | 25.36% | 24.92% |
| Net Income | 1.38M | 3.7M | 2.23M | 7.19M | 4.33M | 5.63M | 3.75M | 7.89M | 9.65M | 12.4M | 13.6M | 21.87M | 22.5M | 25.51M | 25.65M | 31.66M | 27.53M | 24.73M | 21.27M | 21.42M |
| Net Margin % | 0.68% | 1.76% | 1.01% | 3.13% | 1.94% | 2.44% | 1.58% | 3.2% | 3.86% | 4.62% | 4.86% | 7.66% | 7.55% | 7.91% | 7.9% | 9.61% | 9.58% | 9.27% | 8.47% | 9.21% |
| Net Income Growth % | -68.12% | -34.37% | -40.7% | -8.91% | -55.06% | -54.57% | -72.39% | -63.93% | -57.13% | -51.4% | -46.98% | -30.91% | -18.27% | 3.17% | 20.55% | 47.82% | 52.91% | 26.15% | 17.9% | 18.11% |
| Net Income (Continuing) | 1.38M | 3.7M | 2.23M | 7.19M | 4.33M | 5.63M | 3.75M | 7.89M | 9.65M | 12.4M | 13.6M | 21.87M | 22.5M | 25.51M | 25.65M | 31.66M | 27.53M | 24.73M | 21.27M | 21.42M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.02 | 0.05 | 0.03 | 0.09 | 0.05 | 0.07 | 0.05 | 0.10 | 0.12 | 0.15 | 0.17 | 0.27 | 0.28 | 0.31 | 0.32 | 0.39 | 0.33 | 0.30 | 0.26 | 0.26 |
| EPS Growth % | -68.05% | -34.39% | -40.78% | -8.98% | -55.67% | -53.87% | -72.88% | -64.11% | -57.14% | -51.61% | -46.88% | -30.77% | -15.15% | 3.33% | 23.08% | 50% | 50% | 25% | 18.18% | 18.18% |
| EPS (Basic) | 0.02 | 0.05 | 0.03 | 0.09 | 0.05 | 0.07 | 0.05 | 0.10 | 0.12 | 0.15 | 0.17 | 0.27 | 0.28 | 0.31 | 0.32 | 0.39 | 0.33 | 0.30 | 0.26 | 0.26 |
| Diluted Shares Outstanding | 81.52M | 81.52M | 81.53M | 81.52M | 81.51M | 81.51M | 81.49M | 81.45M | 81.44M | 81.42M | 81.45M | 81.41M | 81.38M | 81.39M | 81.35M | 82.02M | 83.25M | 83.42M | 83.37M | 83.4M |
| Basic Shares Outstanding | 81.51M | 81.51M | 81.52M | 81.51M | 81.49M | 81.46M | 81.44M | 81.38M | 81.35M | 81.31M | 81.31M | 81.26M | 81.21M | 81.11M | 81.06M | 81.69M | 82.94M | 82.98M | 82.91M | 82.84M |
| Dividend Payout Ratio | 354.27% | 132.3% | 219.72% | 68.06% | 112.78% | 86.79% | 260.12% | 61.91% | 50.6% | 39.35% | 35.87% | 22.3% | 21.66% | 19.02% | 18.97% | 15.38% | 18.07% | 194.54% | - | 15.48% |