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How Heartland Express (HTLD) makes money

Heartland Express (HTLD) made $180M of revenue in the third quarter 2026 (Q3 2026), -9% from a year earlier. Of every dollar of revenue, 1¢ was left as operating profit, 1¢ was left as net earnings.

Drawing the Sankey…

Heartland Express revenue by quarterHeartland Express revenue by quarter$219MQ1 2025$210MQ2 2025$197MQ3 2025$176MQ1 2026$184MQ2 2026$180MQ3 2026
Heartland Express: where each dollar of revenue goesHeartland Express: where each dollar of revenue goesOperating profit1¢Income tax0¢Net earnings1¢Operating cash flow11¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$180M100.0%
Operating profit$2.3M1.3%
Income tax$239K0.1%
Net earnings$959K0.5%
Operating cash flow$19.0M10.6%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$180M-9%
Q2 2026$184M-12%
Q1 2026$176M-20%
Q3 2025$197M-24%
Q2 2025$210M-23%
Q1 2025$219M-19%

From Heartland Express' 10-Q filed Nov 6, 2026 (on EDGAR).

Questions

How does Heartland Express make money?

Heartland Express (HTLD) made $180M of revenue in the third quarter 2026 (Q3 2026), -9% from a year earlier. Of every dollar of revenue, 1¢ was left as operating profit, 1¢ was left as net earnings.

What is Heartland Express' profit margin?

Net earnings were $959K, 0.5% of revenue, in the third quarter 2026; the operating margin was 1.3%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.