Quarterly ResultAug 5, 2026, 10:48 AM
Heartland Express Q2 Net Income $10.6M, EPS $0.14
AI Summary
Heartland Express reported strong financial improvements for the second quarter and first half of 2026. The company achieved a net income of $10.6 million ($0.14 EPS) in Q2 2026, a significant turnaround from a net loss in the prior year. Operating ratio improved substantially to 91.0%, and the company continued to reduce its acquisition-related debt, bringing the total down to $135 million. Heartland Express also repurchased shares and declared a regular dividend.
Key Highlights
- Q2 2026 Net Income was $10.6 million, reversing a $10.9 million net loss in Q2 2025.
- Q2 2026 Basic EPS was $0.14, compared to a basic loss per share of $(0.14) in Q2 2025.
- Q2 2026 Operating Revenue was $184.1 million, down from $210.4 million in Q2 2025.
- The company achieved a Q2 2026 Operating Ratio of 91.0%, a significant improvement from 105.9% in Q2 2025.
- Year-to-date Net Income was $5.8 million, compared to a net loss of $(24.7) million in H1 2025.
- Debt was reduced by $15 million in Q2 and $25 million year-to-date, with total acquisition-related debt now $135 million.
- Heartland Express repurchased 172,061 shares for $2.3 million in Q2 2026.
- A regular dividend of $0.02 per share was declared and paid in Q2 2026.
Price Impact
More from HTLD