Filing Flows › Werner Enterprises (WERN) › Q1 2025
Werner Enterprises (WERN) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 9, 2025
Werner Enterprises (WERN) reported revenue of $712M for the first quarter 2025 (Q1 2025), -7% from a year earlier and -6% from the quarter before. Operating margin was -0.8%, net loss $10.2M (1.4% of revenue).
Werner Enterprises, Q1 2025: revenue $712M (-7% year over year), operating margin -0.8%, net loss $10.2M, operating cash flow $29.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $712M | -6% | -7% |
| Operating profit | −$5.8M | — | — |
| Net earnings | −$10.2M | — | — |
| Operating cash flow | $29.4M | -59% | -67% |
| Free cash flow | $5.9M | — | -81% |
What changed
Revenue was $712.1M in Q1 2025, down 7% year over year and down 6% from the previous quarter. Truckload Transportation Services was the largest line at 70% of revenue. Truckload Transportation Services lost $49.2M year over year (down 9%), 86% of the total change.
Operating costs exceeded revenue by $5.8M, an operating margin of -0.8%. Total costs fell 5% while revenue fell 7%. The quarter ended with a net loss of $10.2M, after a profit of $11.6M the previous quarter. Net interest and other expense of $7.6M was the main reason.
Operating cash flow was $29.4M (down 67% year over year). Non-cash charges added back $2.4M of share-based compensation. Working capital and other items added $37.1M. Capital expenditures of $23.5M left free cash flow of $5.9M.
Questions
What was Werner Enterprises' revenue in the first quarter 2025?
Werner Enterprises (WERN) reported revenue of $712M for the first quarter 2025 (Q1 2025), -7% from a year earlier and -6% from the quarter before.
Was Werner Enterprises profitable in the first quarter 2025?
Operating loss was $5.8M (-0.8% of revenue) and net loss $10.2M.
Source: Werner Enterprises 10-Q on SEC EDGAR.