Werner Enterprises Q3 revenue up 23% to $950.5 million; EPS $0.11 vs. loss a year ago
Werner Enterprises reported third-quarter 2026 revenue of $950.5 million, up 23% from a year earlier, and net income attributable to Werner of $6.6 million, or $0.11 per diluted share, compared with a loss of $20.6 million in the prior-year quarter. The results were helped by the FirstFleet acquisition and the non-recurrence of a $21.4 million litigation charge, while fuel costs and claims weighed on margins. The company also updated its 2026 guidance, narrowing its truck count growth outlook to 16% to 17% and lowering its net capital expenditure range to $190 million to $205 million.
Key points
- Total revenues were $950.5 million, up $179.0 million from $771.5 million; Truckload Transportation Services revenues rose 37% after the January 27, 2026 FirstFleet acquisition.
- Operating income was $17.0 million versus an operating loss of $13.0 million a year earlier; non-GAAP adjusted operating income was $21.0 million, up 92%.
- Diluted earnings per share were $0.11 versus a loss of $0.34; non-GAAP adjusted diluted EPS was $0.16 versus a loss of $0.03.
- Cash flow from operations fell 51% to $21.5 million from $44.1 million, and the company did not repurchase shares in the quarter.
The filing
Written by AI on Nov 7, 2026, 11:18 PM ET, from this filing only.
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