Heartland Express financials
$11.65+1.84%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $184.1M | $176.3M | $179.4M | $196.5M | $210.4M | $219.4M | $242.6M | $259.9M | $274.8M | $270.3M | $275.3M | $295.0M |
| Gross profit | $184.1M | $176.3M | $179.4M | $196.5M | $210.4M | $219.4M | $242.6M | $259.9M | $274.8M | $270.3M | $275.3M | $295.0M |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | $2.3M | -$148.0K | -$35.0M | -$13.9M | -$1.9M | -$2.4M | -$5.0M | -$7.6M | $264.0K | -$14.3M | $98.2M | -$8.5M |
| Net income | $10.6M | -$4.8M | -$19.4M | -$8.3M | -$10.9M | -$13.9M | -$1.9M | -$9.3M | -$3.5M | -$15.1M | $5.1M | -$10.7M |
| Net margin | 5.7% | −2.7% | −10.8% | −4.2% | −5.2% | −6.3% | −0.8% | −3.6% | −1.3% | −5.6% | 1.9% | −3.6% |
| Diluted EPS | $0.14 | $-0.06 | $-0.25 | $-0.11 | $-0.14 | $-0.18 | $-0.02 | $-0.12 | $-0.04 | $-0.19 | $0.06 | $-0.14 |
| EBITDA | $34.6M | $35.0M | $21.3M | $24.8M | $39.6M | $39.2M | $39.0M | $37.3M | $46.4M | $32.2M | $98.2M | $42.6M |
| Operating cash flow | $12.9M | $23.2M | $14.9M | $27.5M | $21.0M | $25.8M | $37.8M | $35.6M | $40.0M | $31.0M | $40.8M | $27.2M |
| Free cash flow | -$34.6M | $5.1M | -$44.2M | -$12.2M | -$12.8M | $2.3M | -$45.5M | $24.6M | $29.4M | $26.3M | $9.1M | -$41.6M |
| Diluted shares | 77.4M | 77.5M | 77.5M | 77.5M | 78.1M | 78.6M | 78.5M | 78.5M | 79.0M | 79.1M | 79.1M | 79.1M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $62.4M | $44.5M | $18.5M | $32.7M | $22.9M | $23.9M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $134.9M | $149.9M | $159.8M | $185.4M | $194.0M | $199.6M |
| Total assets | $1.17B | $1.18B | $1.19B | $1.26B | $1.30B | $1.34B |
| Total liabilities | $418.5M | $431.9M | $436.3M | $482.0M | $512.6M | $537.0M |
| Shareholders' equity | $756.3M | $749.0M | $755.3M | $775.6M | $786.7M | $807.7M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology