Highest-materiality recent filing
Hub Group enters separation with ex-CFO Beth; 6-mo transition, $45.7k/mo, $137k severance
Kevin Beth to serve as non-executive advisor for 6 months at $45,688/month plus COBRA.
Hub Group CFO/COO depart; interim CFO hired; restatement filing targeted by Sept 14
Kevin Beth (CFO/Treasurer) and Brian Meents (COO) departed on May 27, 2026.
Received Nasdaq notice on May 19, 2026 for non-compliance with Listing Rule 5250(c)(1) due to untimely Q1 2026 Form 10-Q.
Hub Group restates 2023 and 2024 financials; premature revenue recognition cited
Audit Committee found 2023 and 2024 financials materially misstated; no longer reliable.
Hub Group receives Nasdaq deficiency notice for delayed 10-K; enters credit waiver
Received Nasdaq notice on March 19, 2026 for failure to timely file 2025 Form 10-K; has 60 days to submit compliance plan.
Hub Group restates Q1-Q3 2025; reports prelim FY 2025 revenue ~$3.7B vs $3.9B in 2024
Non-reliance on Q1-Q3 2025 financials due to $77M understatement of purchased transportation costs and accounts payable.
Hub Group Q3 GAAP EPS $0.47, revenue $934M (-5% YoY); guides FY25 EPS $1.80-$1.90
GAAP diluted EPS $0.47 (adjusted $0.49) vs $0.52 adjusted a year ago; net income $29M.
Hub Group Q2 2025 adjusted EPS $0.45, revenue $906M down 8%; FY2025 EPS outlook $1.80-$2.05
GAAP EPS $0.42, adjusted EPS $0.45 (vs $0.47 a year ago); net income $25M.
Hub Group Q1 2025 EPS $0.44 flat YoY; revenue $915M down 8%; FY guidance $1.75-$2.25
Q1 2025 net income $27M, diluted EPS $0.44 (flat YoY); revenue $915M, down 8% from $999M.
Hub Group Q4 adj EPS $0.48, revenue $974M; guides FY25 EPS $1.90-$2.40
Q4 GAAP EPS $0.40, adjusted EPS $0.48; revenue $974M (-1% YoY).
Hub Group Q3 adjusted EPS $0.52, up 8% YoY; intermodal volume +12%
GAAP diluted EPS $0.39; adjusted EPS $0.52, up from $0.48 YoY; revenue $987M (-3.7% YoY).
Hub Group Q2 EPS $0.47 vs $0.72 YoY; revenue down 5.2% to $986M
Net income $29M ($0.47 diluted EPS) vs $47M ($0.72) in Q2 2023.
Hub Group Q1 EPS $0.44 vs $0.94 YoY; revenue falls to $1.0B; FY guidance $1.80-$2.25
Q1 2024 diluted EPS $0.44 vs $0.94 a year ago; net income $27M vs $62M.
Hub Group Q4 2023 EPS $0.46; revenue drops to $1.0B; guides FY24 EPS $2.00-$2.50
Q4 net income $29M, diluted EPS $0.46 (post-split); adjusted EPS $0.54 excluding $5.1M acquisition costs.
Hub Group Q3 EPS $0.97 vs $2.61 YoY; revenue $1.0B; announces dividend, stock split, $250M buyback
Revenue $1.0B vs $1.4B YoY; operating income $43M (4.2% of rev) vs $118M (8.7%).
Hub Group Q2 EPS $1.44, revenue $1.0B; net income down 54% YoY
Net income $47M ($1.44 diluted EPS) vs $103M ($3.03) a year ago.
Hub Group Q1 net income $62M ($1.88 EPS); revenue $1.2B, down from $1.3B YoY
Revenue $1.2B (second-highest Q1); operating income $78M (6.8% of revenue).
Hub Group Q4 EPS $2.42, FY EPS $10.64, revenue $5.3B; guides FY23 EPS $7.00-$8.00
Full year revenue $5.3B (+26% YoY); diluted EPS $10.64 (+110% YoY).
Hub Group announces CEO succession: David Yeager retires, Phil Yeager becomes CEO Jan 1, 2023
David P. Yeager retires as CEO after 26 years, becomes Executive Chairman.
Hub Group Q3 EPS $2.61 (+104% YoY); revenue $1.4B (+26%); new $200M buyback
Q3 diluted EPS of $2.61 vs $1.28 a year ago; operating income $118M, up 97%.
Exchange of 243,755 Class B shares for Class A shares plus $8M premium; then Hub repurchases all Mark Yaeger shares for ~$34.8M.
Hub Group Q2 EPS $3.03, revenue $1.4B (+43% YoY); raises 2022 outlook to $10.00-$10.50 EPS
Record quarterly revenue of $1.4B, up 43% YoY; net income $103M vs $27M in Q2 2021.
Hub Group Q1 2022 revenue $1.3B (+41% YoY), diluted EPS $2.58 vs $0.51; raises FY2022 guidance
Record quarterly revenue of $1.3 billion, up 41% from $920M in Q1 2021.
Hub Group Q4 2021 record revenue $1.3B, EPS $2.48; guides FY22 EPS $5.90-$6.30
Q4 revenue $1.3B (+32% YoY); net income $84M vs $22M; diluted EPS $2.48 (record).
On May 27, 2026, Brian Meents, Executive Vice President and Chief Operating Officer, departed the Company.
Kevin Beth, who departed the Company on May 27, 2026.
appointed Todd Heeter to serve as interim Chief Financial Officer and Treasurer of the Company, effective May 28, 2026
On June 2, 2025, Brent Rhodes notified Hub Group, Inc. (the "Company") of his decision to resign from the position of Chief Accounting Officer effective June 27, 2025 ("Effective Date").
On June 6, 2025, Dennis Mathews was appointed as the Company's Chief Accounting Officer effective June 30, 2025.
appointed Brian Meents, 39, as the Company’s Executive Vice President and Chief Operating Officer.
Mr. Brian Alexander, previously the Company’s Chief Operating Officer, will assume the role of Chief Marketing Officer.
Beginning January 1, 2024, Mr. DeMartino is expected to remain in a non-executive role through early February 2024 to assist with the transition of the Chief Financial Officer and Treasurer roles in addition to other responsibilities.
On November 22, 2023, Hub Group, Inc. (the “Company”) announced that its Board of Directors appointed Kevin Beth, 48, as the Company’s Executive Vice President, Chief Financial Officer and Treasurer effective January 1, 2024, succeeding Geoffrey F. DeMartino.
Mr. Phillip Yeager will also join the Board of Directors of the Company, effective January 1, 2023.
David P. Yeager, 69, will retire as CEO while continuing in the role of Executive Chairman of the Company.
Brian Alexander, 43, will be promoted to Chief Operating Officer.
Max materiality 0.95 · Median 0.65 · Most common event earnings