Werner Enterprises Q4 operating loss of $35.8 million on $737.6 million revenue
Werner Enterprises reported a fourth-quarter 2025 net loss attributable to Werner of $27.8 million, or $0.46 per diluted share, compared with net income of $11.9 million, or $0.19 per share, a year earlier, as revenue fell 2% and a $44.2 million restructuring and impairment charge hit operating results. The company also said it closed its $282.8 million acquisition of FirstFleet on January 27, 2026, and gave 2026 guidance that includes FirstFleet.
Key points
- Fourth-quarter revenue was $737.6 million, down $17.0 million, or 2%, from a year earlier.
- Operating loss was $35.8 million, compared with operating income of $13.4 million in fourth quarter 2024.
- A restructuring and impairment charge of $44.2 million was recorded in the quarter, of which $42.7 million was non-cash.
- FirstFleet acquisition closed January 27, 2026 for a total purchase price of $282.8 million; 2026 net capital expenditures are guided to $185 million to $225 million.
The filing
Written by AI on Nov 8, 2026, 6:58 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 February 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.