M&A
confidence high
sentiment neutral
materiality 0.70
Werner files FirstFleet financials for Jan 2026 acquisition; FY2025 revenue $632M, net income $7.7M
WERNER ENTERPRISES INC
- Acquisition completed Jan 27, 2026; audited FY2025 revenue $632M, net income $7.7M attributable to parent.
- Total assets $408M, equity $146M, property & equipment $124M, lease liabilities $119M.
- Customer concentration: 88% of revenue and 86% of AR from four customers.
- FirstFleet provides contract carriage, brokerage, and lease services; subsidiaries include FirstFleet and Interactive Logistics.
- Pro forma combined balance sheet and income statement for Werner as of Dec 31, 2025 also filed (Exhibit 99.3).