Heartland Express Q2 net loss widens to $10.9 million as revenue falls to $210.4 million
Heartland Express reported unaudited second-quarter 2025 results on July 24, 2025, with operating revenue of $210.4 million, down from $274.8 million a year earlier, and a net loss of $10.9 million, or $0.14 per share, compared with a net loss of $3.5 million, or $0.04 per share, in the same quarter of 2024. Management cited excess industry capacity and weak freight demand, and said it does not expect material improvements until later in 2025. For shareholders, the filing shows a larger loss and lower revenue year over year.
Key points
- Operating revenue of $210.4 million for the quarter ended June 30, 2025, versus $274.8 million in Q2 2024
- Net loss of $10.9 million ($0.14 per share) versus a net loss of $3.5 million ($0.04 per share) a year earlier
- Repurchased 1.0 million shares for $8.9 million in the quarter; cash of $22.9 million at June 30, 2025
- Management does not expect material improvements until later in 2025
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 29, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.