secwatch.observer — SEC 8-K summary
======================================

Issuer:     HEARTLAND EXPRESS INC (HTLD)
CIK:        0000799233
Form:       8-K
Filed at:   2026-02-09T23:59:59+00:00
Accession:  0000799233-26-000004
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Heartland Express Q4 net loss $19.4M, full-year revenue down 23%; adjusted OR improves sequentially
--------------------------------------------------------------------------------

- Q4 operating revenue $179.4M, net loss $19.4M ($0.25 loss per share); operating ratio 112.7% includes $19.0M CFI trade-name impairment.
- Non-GAAP adjusted operating ratio improved to 101.6% in Q4 from 103.5% in Q3, marking sequential improvement each quarter of 2025.
- Full-year 2025 operating revenue $805.7M (down 23% YoY), net loss $52.5M ($0.67 loss per share); operating ratio 107.1%.
- Debt reduced by $41.2M in 2025 to $159.8M; no borrowings on $100M line; management targets debt-free balance sheet by 2027.
- Operating cash flow $89.3M (11.1% of revenue); $10.4M spent on share repurchases; quarterly dividend maintained at $0.02 per share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/799233/000079923326000004/0000799233-26-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/799233/000079923326000004/htld-20260203.htm
  HTML page:      https://secwatch.observer/filing/0000799233-26-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer