Heartland Express swings to $10.6 million Q2 profit as revenue falls to $184.1 million
Heartland Express reported unaudited second-quarter 2026 results for the period ended June 30, 2026. Net income was $10.6 million, compared with a net loss of $10.9 million a year earlier, while operating revenue fell to $184.1 million from $210.4 million. The filing also shows a $25.1 million gain on disposal of property and equipment in the quarter, which contributed to the profit.
Key points
- Operating revenue was $184.1 million, down from $210.4 million in the second quarter of 2025.
- Net income was $10.6 million, or $0.14 per basic share, versus a net loss of $10.9 million, or $(0.14) per share, a year earlier.
- Operating ratio improved to 91.0% from 105.9%, and the quarter included a $25.1 million gain on disposal of property and equipment.
- The company made $15 million in payments to reduce acquisition-related debt during the quarter.
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing 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 August 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.