Filing Flows › Werner Enterprises (WERN) › Q1 2026
Werner Enterprises (WERN) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
Werner Enterprises (WERN) reported revenue of $809M for the first quarter 2026 (Q1 2026), +14% from a year earlier and +10% from the quarter before. Operating margin was 0.5%, net loss $4.5M (0.6% of revenue).
Werner Enterprises, Q1 2026: revenue $809M (+14% year over year), operating margin 0.5%, net loss $4.5M, operating cash flow $83.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $809M | +10% | +14% |
| Operating profit | $4.0M | — | — |
| Net earnings | −$4.5M | — | — |
| Operating cash flow | $83.5M | +34% | +184% |
| Free cash flow | $30.7M | — | +424% |
What changed
Revenue was $808.6M in Q1 2026, up 14% year over year and up 10% from the previous quarter. Truckload Transportation Services was the largest line at 73% of revenue. Truckload Transportation Services added $96.4M year over year (up 19%), 100% of the total change. Other revenues declined 1%.
Operating profit was $4.0M, a 0.5% margin (up 1.3 points year over year). Total costs grew 12% against revenue growth of 14%. The quarter ended with a net loss of $4.5M, narrower than the previous quarter's $35.3M loss. Net interest and other expense of $9.9M was the main reason.
Operating cash flow was $83.5M (up 184% year over year). Non-cash charges added back $2.8M of share-based compensation. Working capital and other items added $85.1M. Capital expenditures of $52.8M left free cash flow of $30.7M.
Questions
What was Werner Enterprises' revenue in the first quarter 2026?
Werner Enterprises (WERN) reported revenue of $809M for the first quarter 2026 (Q1 2026), +14% from a year earlier and +10% from the quarter before.
Was Werner Enterprises profitable in the first quarter 2026?
Operating profit was $4.0M (0.5% of revenue) and net loss $4.5M.
Source: Werner Enterprises 10-Q on SEC EDGAR.