---
schema_version: "secwatch.filing_event.v1"
accession: "0000799233-25-000030"
form_type: "8-K"
ticker: "HTLD"
cik: "0000799233"
company_name: "HEARTLAND EXPRESS INC"
filed_at: "2025-05-02T23:59:59+00:00"
generated_at: "2026-05-22T23:22:04.069127+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Heartland Express Q1 net loss $13.9M; revenue down 19% to $219.4M

## Summary
- Operating revenue $219.4M, down 19% YoY from $270.3M; net loss $13.9M ($0.18 per share) vs $15.1M loss in Q1 2024.
- Operating ratio worsened to 106.8% from 105.3%; Non-GAAP adjusted operating ratio 107.1%.
- CEO Mike Gerdin cites adverse weather, tariff uncertainties, and industry cost inflation; fleet being strategically shrunk.
- Cash $23.9M, debt $199.6M; no revolver borrowings; net cash from ops $25.8M.
- Dividend of $0.02/sh paid; no share repurchases in Q1; 2025 net capex expected $40-50M.

## SEC filing metadata
- accession: 0000799233-25-000030
- form_type: 8-K
- ticker: HTLD
- cik: 0000799233
- company_name: HEARTLAND EXPRESS INC
- filed_at: 2025-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/799233/000079923325000030/0000799233-25-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/799233/000079923325000030/htld-20250430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000799233-25-000030
- JSON: https://secwatch.observer/filing/0000799233-25-000030.json
- Plain text: https://secwatch.observer/filing/0000799233-25-000030.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.