Filing Flows › Hub Group (HUBG) › Q3 2025 › vs Q3 2024
Hub Group (HUBG) Q3 2025 vs Q3 2024 (year over year)
Hub Group's revenue fell $52.4M (-5%) from $987M in Q3 2024 to $934M in Q3 2025. Operating margin 4.2% against 3.3% (+1.0 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 Q3 2024, the increases inside each band.
Margins
| Q3 2025 | Q3 2024 | Change | |
|---|---|---|---|
| Operating margin | 4.2% | 3.3% | +1.0 pts |
| Net margin | 3.1% | 2.4% | +0.7 pts |
| Free cash flow margin | 2.1% | 3.2% | -1.1 pts |
Every line
| Line | Q3 2025 | Q3 2024 | Change | % |
|---|---|---|---|---|
| Revenue | $934M | $987M | −$52.4M | -5% |
| Operating profit | $39.4M | $32.1M | $7.3M | +23% |
| Costs & expenses | $895M | $955M | −$59.7M | -6% |
| Pre-tax earnings | $38.5M | $30.7M | $7.8M | +25% |
| General & admin | $27.1M | $29.7M | −$2.5M | -9% |
| Other operating costs | $868M | $925M | −$57.2M | -6% |
| Net earnings | $28.9M | $23.6M | $5.3M | +23% |
| Income tax | $9.6M | $7.1M | $2.4M | +34% |
| Operating cash sources | $80.4M | $75.2M | $5.1M | +7% |
| Depreciation & amortization | $46.4M | $46.4M | $14K | 0% |
| Share-based compensation | $5.0M | $5.3M | −$216K | -4% |
| Working capital & other | $52.3M | $31.9M | $20.4M | +64% |
| Operating cash flow | $28.1M | $43.4M | −$15.3M | -35% |
| Free cash flow (OCF − capex) | $19.4M | $31.4M | −$12.0M | -38% |
| Capital expenditures | $8.7M | $12.0M | −$3.3M | -27% |
Questions
How much did Hub Group's revenue grow year over year in Q3 2025?
Hub Group's revenue fell $52.4M (-5%) from $987M in Q3 2024 to $934M in Q3 2025. Operating margin 4.2% against 3.3% (+1.0 pts).