Filing Flows › Heartland Express (HTLD) › Q1 2025
Heartland Express (HTLD) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 12, 2025
Heartland Express (HTLD) reported revenue of $219M for the first quarter 2025 (Q1 2025), -19% from a year earlier and -10% from the quarter before. Operating margin was -6.8%, net loss $13.9M (6.3% of revenue).
Heartland Express, Q1 2025: revenue $219M (-19% year over year), operating margin -6.8%, net loss $13.9M, operating cash flow $25.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $219M | -10% | -19% |
| Operating profit | −$14.9M | — | — |
| Net earnings | −$13.9M | — | — |
| Operating cash flow | $25.8M | -32% | -17% |
| Free cash flow | $2.3M | — | -91% |
What changed
Revenue was $219.4M in Q1 2025, down 19% year over year and down 10% from the previous quarter.
Operating costs exceeded revenue by $14.9M, an operating margin of -6.8%. Total costs fell 18% while revenue fell 19%. The quarter ended with a net loss of $13.9M, wider than the previous quarter's $1.9M loss.
Operating cash flow was $25.8M (down 17% year over year). Non-cash charges added back $41.6M of depreciation and amortization and $667K of share-based compensation. Working capital and other items used $2.6M. Capital expenditures of $23.6M left free cash flow of $2.3M.
Questions
What was Heartland Express' revenue in the first quarter 2025?
Heartland Express (HTLD) reported revenue of $219M for the first quarter 2025 (Q1 2025), -19% from a year earlier and -10% from the quarter before.
Was Heartland Express profitable in the first quarter 2025?
Operating loss was $14.9M (-6.8% of revenue) and net loss $13.9M.
Source: Heartland Express 10-Q on SEC EDGAR.