Filing Flows › Industrials › Werner Enterprises (WERN)
Werner Enterprises (WERN) earnings and revenue breakdown
Latest: Q3 2026 · 8-K filed Oct 27, 2026
Q3 2026 Revenue up 23% year over year to $951M · 1¢ of every $1 of revenue kept as net profit · operating margin 1.8%
Werner Enterprises made $951M in Q3 2026 (+23% Y/Y): Truckload Transportation Services $714M, Werner Logistics $216M, Other $20.1M. Operating margin 1.8%, net earnings $6.6M. See where every dollar goes — costs, profit and cash — as a Sankey from the 8-K filed Oct 27, 2026 (preliminary, from the earnings release).
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $950.5M in Q3 2026, up 23% year over year and up 2% from the previous quarter. Truckload Transportation Services was the largest line at 75% of revenue. Truckload Transportation Services added $194.2M year over year (up 37%), 108% of the total change. Werner Logistics declined 7%.
Operating profit was $17.0M, a 1.8% margin (up 3.5 points year over year). Total costs grew 19% against revenue growth of 23%. Net earnings were $6.6M. The effective tax rate was 13.2%.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 8-K | Oct 27, 2026 | $951M | +23% | 1.8% | $6.6M | — |
| Q2 2026 | 10-Q | Aug 7, 2026 | $934M | +24% | 1.8% | $6.3M | $83.8M |
| Q1 2026 | 10-Q | May 8, 2026 | $809M | +14% | 0.5% | −$4.5M | $83.5M |
| Q4 2025 | 10-K | Feb 26, 2026 | $738M | -2% | -4.9% | −$35.3M | $62.3M |
| Q3 2025 | 10-Q | Nov 7, 2025 | $771M | +4% | -1.7% | −$21.1M | $44.1M |
| Q2 2025 | 10-Q | Aug 11, 2025 | $753M | -1% | 8.8% | $43.6M | $46.0M |
| Q1 2025 | 10-Q | May 9, 2025 | $712M | -7% | -0.8% | −$10.2M | $29.4M |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
Loading the interactive chart…
🌏Named in Asian annual reportsinteractive
Loading the interactive chart…
🔄Rotation against the market and its industry (RRG)interactive
Loading the interactive chart…
🔍Earnings qualityinteractive
Loading the interactive chart…
⚖️Fair value by methodinteractive
Loading the interactive chart…
🔭Outlook & guidanceinteractive
Loading the interactive chart…
📈Investments: gains and what it boughtinteractive
Loading the interactive chart…
🏭Its industry’s money flow (input-output)interactive
Loading the interactive chart…
Customers and suppliers named in filings
Sells to
Buys from
About Werner Enterprises
Werner Enterprises, Inc. (Nasdaq: WERN) delivers superior truckload transportation and logistics services to customers across the United States, Mexico and Canada. With 2025 revenues of nearly $3.0 billion, a modern truck and trailer fleet, more than 14,500 talented associates and our innovative Werner EDGE ® technology, we are an essential solutions provider for customers who value the integrity of their supply chain and require safe and exceptional on-time service. Werner ® provides Dedicated and One-Way Truckload services as well as Logistics services that include truckload brokerage, freight management, intermodal and final mile. Werner embraces inclusion as a core value and manages key risks and opportunities through a balanced sustainability strategy.
In its own words, from its 8-K, filed Jul 28, 2026.
Werner Enterprises against its Trucking (No Local) peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +23% against the peers' median +16%. Operating margin: 1.8% against the peers' median 6.7%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| WERN Werner Enterprises | Q3 2026 | $951M | +23% | 1.8% |
| JBHT Hunt J B Transport Services | Q3 2026 | $3.7B | +20% | 6.7% |
| KNX Knight-Swift Transportation Holdings | Q3 2026 | $2.2B | +14% | 8.1% |
| ODFL Old Dominion Freight Line | Q3 2026 | $1.6B | +13% | 28.5% |
| SNDR Schneider National | Q3 2026 | $1.6B | +9% | 3.9% |
| LSTR Landstar System | Q3 2026 | $1.5B | +25% | 4.3% |
| ARCB Arcbest | Q3 2026 | $1.2B | +16% | 6.1% |
| SAIA Saia | Q3 2026 | $982M | +17% | 12.4% |
| ULH Universal Logistics Holdings | Q3 2026 | $394M | -0.7% | 8.3% |
Source: Werner Enterprises 8-K on SEC EDGAR · CIK 793074 · Trucking (No Local)
13F: who owns WERN and who is buying
More on WERN
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results