Heartland Express Q1 net loss $4.8M; revenue down to $176.3M; operating ratio 101.9%

HEARTLAND EXPRESS INC

2026-Q1 EPS reported -$0.06 revenue$176,256,000

Operating revenue $176.3M vs $219.4M YoY; fuel surcharge $22.4M vs $26.3M.
Net loss $4.8M ($0.06 basic loss per share) vs $13.9M ($0.18) in Q1 2025.
Operating ratio improved 490bp to 101.9%; non-GAAP adjusted OR 101.3%.
Acquisition debt reduced from $494.1M (2022) to $149.9M; Smith Transport debt fully retired.
Regular dividend of $0.02/share declared, paid Apr 3; net capex expected $10-20M in 2026.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

HEARTLAND EXPRESS INC reported the three months ended March 31, 2026 results: revenue $176.3 million, net income $4.8 million, EPS $0.06.

Period: the three months ended March 31, 2026
Revenue: $176.3 million
Net income: $4.8 million
EPS: $0.06
Result: reported results

Exact text from the filing

For the three months ended March 31, 2026, the Company delivered operating revenues of $176.3 million, compared to $219.4 million in the same period of 2025. Operating revenues for the quarter included fuel surcharge revenues of $22.4 million, compared to $26.3 million in the same period of 2025. Net loss was $4.8 million, as compared to a net loss of $13.9 million in the first quarter of 2025. Basic loss per share was $0.06 during the quarter, as compared to basic loss per share of $0.18 in the same period of 2025.

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Source: SEC EDGAR

accession 0000799233-26-000025

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