Filing Flows › Werner Enterprises (WERN) › Q2 2026
Werner Enterprises (WERN) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
Werner Enterprises (WERN) reported revenue of $934M for the second quarter 2026 (Q2 2026), +24% from a year earlier and +15% from the quarter before. Operating margin was 1.8%, net earnings $6.3M (0.7% of revenue).
Werner Enterprises, Q2 2026: revenue $934M (+24% year over year), operating margin 1.8%, net earnings $6.3M, operating cash flow $83.8M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $934M | +15% | +24% |
| Operating profit | $16.9M | +324% | -74% |
| Net earnings | $6.3M | — | -86% |
| Operating cash flow | $83.8M | +0.4% | +82% |
| Free cash flow | $54.8M | +79% | — |
What changed
Revenue was $933.9M in Q2 2026, up 24% year over year and up 15% from the previous quarter. Truckload Transportation Services was the largest line at 75% of revenue. Truckload Transportation Services added $189.7M year over year (up 37%), 105% of the total change. Werner Logistics declined 4%.
Operating profit was $16.9M, a 1.8% margin (down 7.0 points year over year). Operating profit fell $49.4M even though revenue rose $180.8M versus Q2 2025, so costs grew faster than sales. Total costs grew 34% against revenue growth of 24%. Net earnings were $6.3M, down 86% year over year ($5.3M including minority interests, which bore $1.0M of losses). The effective tax rate was 27.3%.
Operating cash flow was $83.8M (up 82% year over year), 1571% of net income including minority interests. Non-cash charges added back $3.3M of share-based compensation. Working capital and other items added $75.2M. Capital expenditures of $29.0M left free cash flow of $54.8M.
Questions
What was Werner Enterprises' revenue in the second quarter 2026?
Werner Enterprises (WERN) reported revenue of $934M for the second quarter 2026 (Q2 2026), +24% from a year earlier and +15% from the quarter before.
Was Werner Enterprises profitable in the second quarter 2026?
Operating profit was $16.9M (1.8% of revenue) and net earnings $6.3M.
Source: Werner Enterprises 10-Q on SEC EDGAR.