Filing Flows › Heartland Express (HTLD) › Q1 2026
Heartland Express (HTLD) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
Heartland Express (HTLD) reported revenue of $176M for the first quarter 2026 (Q1 2026), -20% from a year earlier and -2% from the quarter before. Operating margin was -1.9%, net loss $4.8M (2.7% of revenue).
Heartland Express, Q1 2026: revenue $176M (-20% year over year), operating margin -1.9%, net loss $4.8M, operating cash flow $23.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $176M | -2% | -20% |
| Operating profit | −$3.3M | — | — |
| Net earnings | −$4.8M | — | — |
| Operating cash flow | $23.2M | +55% | -10% |
| Free cash flow | $5.1M | — | +125% |
What changed
Revenue was $176.3M in Q1 2026, down 20% year over year and down 2% from the previous quarter.
Operating costs exceeded revenue by $3.3M, an operating margin of -1.9%. Total costs fell 23% while revenue fell 20%. The quarter ended with a net loss of $4.8M, narrower than the previous quarter's $19.4M loss.
Operating cash flow was $23.2M (down 10% year over year). Non-cash charges added back $35.2M of depreciation and amortization and $160K of share-based compensation. Working capital and other items used $7.3M. Capital expenditures of $18.0M left free cash flow of $5.1M.
Questions
What was Heartland Express' revenue in the first quarter 2026?
Heartland Express (HTLD) reported revenue of $176M for the first quarter 2026 (Q1 2026), -20% from a year earlier and -2% from the quarter before.
Was Heartland Express profitable in the first quarter 2026?
Operating loss was $3.3M (-1.9% of revenue) and net loss $4.8M.
Source: Heartland Express 10-Q on SEC EDGAR.