Werner Enterprises posts Q1 net loss of $10.1 million on revenue down 7%
Werner Enterprises reported first-quarter 2025 total revenues of $712.1 million, down $57.0 million or 7%, and a net loss attributable to Werner of $10.1 million, compared with net income of $6.3 million a year earlier. Management said results were below its expectations due to elevated insurance costs, extreme weather, a smaller fleet and tariff-related changes in customer activity. The 2025 guidance table in the release shows the same ranges as before, so the filing does not change the outlook.
Key points
- Total revenues were $712.1 million, down $57.0 million or 7% from $769.1 million in first quarter 2024.
- Operating loss was $5.8 million versus $15.6 million of operating income a year earlier; operating margin was (0.8)%.
- Diluted loss per share was $0.16 compared with diluted earnings per share of $0.10; cash flow from operations was $29.4 million versus $88.6 million.
- The company did not repurchase shares in first quarter 2025 and had 3.9 million shares remaining under its authorization as of March 31, 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:57 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 April 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.