Filing Flows › Werner Enterprises (WERN) › Q2 2025
Werner Enterprises (WERN) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 11, 2025
Werner Enterprises (WERN) reported revenue of $753M for the second quarter 2025 (Q2 2025), -1% from a year earlier and +6% from the quarter before. Operating margin was 8.8%, net earnings $43.6M (5.8% of revenue).
Werner Enterprises, Q2 2025: revenue $753M (-1% year over year), operating margin 8.8%, net earnings $43.6M, operating cash flow $46.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $753M | +6% | -1% |
| Operating profit | $66.3M | — | +238% |
| Net earnings | $43.6M | — | +374% |
| Operating cash flow | $46.0M | +57% | -58% |
What changed
Revenue was $753.1M in Q2 2025, down 1% year over year and up 6% from the previous quarter. Truckload Transportation Services was the largest line at 68% of revenue. Truckload Transportation Services lost $20.9M year over year (down 4%), 273% of the total change.
Operating profit was $66.3M, a 8.8% margin (up 6.2 points year over year). Total costs fell 7% while revenue fell 1%. Net earnings were $44.1M, up 366% year over year. The effective tax rate was 26.2%.
Operating cash flow was $46.0M (down 58% year over year), 106% of net earnings. Non-cash charges added back $2.5M of share-based compensation. Capital expenditures of $88.3M exceeded it, leaving free cash flow of −$42.3M.
Questions
What was Werner Enterprises' revenue in the second quarter 2025?
Werner Enterprises (WERN) reported revenue of $753M for the second quarter 2025 (Q2 2025), -1% from a year earlier and +6% from the quarter before.
Was Werner Enterprises profitable in the second quarter 2025?
Operating profit was $66.3M (8.8% of revenue) and net earnings $43.6M.
Source: Werner Enterprises 10-Q on SEC EDGAR.