Filing Flows › Heartland Express (HTLD) › Q2 2025
Heartland Express (HTLD) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
Heartland Express (HTLD) reported revenue of $210M for the second quarter 2025 (Q2 2025), -23% from a year earlier and -4% from the quarter before. Operating margin was -5.9%, net loss $10.9M (5.2% of revenue).
Heartland Express, Q2 2025: revenue $210M (-23% year over year), operating margin -5.9%, net loss $10.9M, operating cash flow $21.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $210M | -4% | -23% |
| Operating profit | −$12.4M | — | — |
| Net earnings | −$10.9M | — | — |
| Operating cash flow | $21.0M | -19% | -47% |
What changed
Revenue was $210.4M in Q2 2025, down 23% year over year and down 4% from the previous quarter.
Operating costs exceeded revenue by $12.4M, an operating margin of -5.9%. Total costs fell 19% while revenue fell 23%. The quarter ended with a net loss of $10.9M, narrower than the previous quarter's $13.9M loss.
Operating cash flow was $21.0M (down 47% year over year). Non-cash charges added back $41.5M of depreciation and amortization and $465K of share-based compensation. Working capital and other items used $10.1M. Capital expenditures of $33.8M exceeded it, leaving free cash flow of −$12.8M.
Questions
What was Heartland Express' revenue in the second quarter 2025?
Heartland Express (HTLD) reported revenue of $210M for the second quarter 2025 (Q2 2025), -23% from a year earlier and -4% from the quarter before.
Was Heartland Express profitable in the second quarter 2025?
Operating loss was $12.4M (-5.9% of revenue) and net loss $10.9M.
Source: Heartland Express 10-Q on SEC EDGAR.