Filing Flows › Hub Group (HUBG) › Q3 2025
Hub Group (HUBG) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 5, 2025
Hub Group (HUBG) reported revenue of $934M for the third quarter 2025 (Q3 2025), -5% from a year earlier and +3% from the quarter before. Operating margin was 4.2%, net earnings $28.9M (3.1% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $934M | +3% | -5% |
| Operating profit | $39.4M | +15% | +23% |
| Net earnings | $28.9M | +16% | +23% |
| Operating cash flow | $28.1M | -54% | -35% |
| Free cash flow | $19.4M | -61% | -38% |
What changed
Revenue was $934.5M in Q3 2025, down 5% year over year and up 3% from the previous quarter.
Operating profit was $39.4M, a 4.2% margin (up 1.0 points year over year). Total costs fell 6% while revenue fell 5%. Net earnings were $28.6M, up 21% year over year. The effective tax rate was 24.9%.
Operating cash flow was $28.1M (down 35% year over year), 97% of net earnings. Non-cash charges added back $46.4M of depreciation and amortization and $5.0M of share-based compensation. Working capital and other items used $52.3M. Capital expenditures of $8.7M left free cash flow of $19.4M.
Questions
What was Hub Group's revenue in the third quarter 2025?
Hub Group (HUBG) reported revenue of $934M for the third quarter 2025 (Q3 2025), -5% from a year earlier and +3% from the quarter before.
Was Hub Group profitable in the third quarter 2025?
Operating profit was $39.4M (4.2% of revenue) and net earnings $28.9M.
Source: Hub Group 10-Q on SEC EDGAR.