Hub Group expects H1 2026 operating loss and Nasdaq delisting notice amid restatement
Hub Group filed preliminary, unaudited first and second quarter 2026 results and said it expects an operating loss for the first half of 2026 before one-time charges, while revenue is expected to be $1.70 billion to $1.80 billion. The company also said it expects to receive a Nasdaq Staff Delisting Determination, and it plans to request a hearing, because its restated financial statements and delayed 10-K and 10-Q filings are not yet complete, which matters to shareholders because the outcome could affect whether the Class A stock keeps trading on Nasdaq.
Key points
- Company expects an operating loss for the first half of 2026 before one-time charges; it did not provide an operating income or loss range.
- Full-year 2026 consolidated operating revenue is estimated at $3.6 billion to $3.8 billion.
- Nasdaq exception to file delayed reports ran through September 14, 2026; the company expects to complete the filings in the fourth quarter of 2026.
- David Yeager returned as Chairman and CEO; Patrick O'Donnell will become CFO after the 2025 Form 10-K is filed.
The filing
Written by AI on Nov 8, 2026, 2:07 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 September 15, 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.