Heartland Express Q3 profit of $1.0 million vs. loss; revenue down to $179.5 million
Heartland Express reported unaudited third-quarter 2026 results for the quarter ended September 30, 2026, in a press release attached as Exhibit 99.1. Operating revenue fell to $179.5 million from $196.5 million a year earlier, while net income was $1.0 million, or $0.01 per share, compared with an $8.3 million net loss in the prior-year quarter. Shareholders see a swing back to profit on lower sales, and the CEO cited rising fuel costs and inflationary expenses as pressures on operating costs.
Key points
- Operating revenue was $179.5 million, down from $196.5 million in Q3 2025.
- Net income was $1.0 million, or $0.01 per share, versus a net loss of $8.3 million, or $(0.11) per share, a year earlier.
- Operating ratio improved to 98.7% from 103.7%; non-GAAP adjusted operating ratio was 97.6%.
- Debt of $99.9 million remained at September 30, 2026, down from $494.1 million of acquisition-related debt and finance lease obligations in 2022.
The filing
Written by AI on Nov 7, 2026, 11:18 PM ET, from this filing only.
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.