Filing Flows › Hub Group (HUBG) › Q3 2025 › vs Q2 2025
Hub Group (HUBG) Q3 2025 vs Q2 2025 (quarter over quarter)
Hub Group's revenue rose $28.8M (+3%) from $906M in Q2 2025 to $934M in Q3 2025. Operating margin 4.2% against 3.8% (+0.4 pts).
Hub Group, Q3 2025: revenue $934M (-5% year over year), operating margin 4.2%, net earnings $28.9M, operating cash flow $28.1M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q3 2025 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 4.2% | 3.8% | +0.4 pts |
| Net margin | 3.1% | 2.8% | +0.3 pts |
| Free cash flow margin | 2.1% | 5.5% | -3.5 pts |
Every line
| Line | Q3 2025 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $934M | $906M | $28.8M | +3% |
| Operating profit | $39.4M | $34.3M | $5.1M | +15% |
| Costs & expenses | $895M | $871M | $23.8M | +3% |
| Pre-tax earnings | $38.5M | $32.9M | $5.6M | +17% |
| General & admin | $27.1M | $28.9M | −$1.8M | -6% |
| Other operating costs | $868M | $842M | $25.6M | +3% |
| Net earnings | $28.9M | $25.0M | $3.9M | +16% |
| Income tax | $9.6M | $7.9M | $1.7M | +21% |
| Operating cash sources | $80.4M | $77.1M | $3.2M | +4% |
| Depreciation & amortization | $46.4M | $47.4M | −$1.0M | -2% |
| Share-based compensation | $5.0M | $4.7M | $354K | +8% |
| Working capital & other | $52.3M | $15.6M | $36.6M | +235% |
| Operating cash flow | $28.1M | $61.5M | −$33.4M | -54% |
| Free cash flow (OCF − capex) | $19.4M | $50.2M | −$30.8M | -61% |
| Capital expenditures | $8.7M | $11.3M | −$2.6M | -23% |
Questions
How much did Hub Group's revenue grow quarter over quarter in Q3 2025?
Hub Group's revenue rose $28.8M (+3%) from $906M in Q2 2025 to $934M in Q3 2025. Operating margin 4.2% against 3.8% (+0.4 pts).