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How Werner Enterprises (WERN) makes money
Werner Enterprises (WERN) made $950M of revenue in the third quarter 2026 (Q3 2026), +23% from a year earlier. Truckload Transportation Services brought in $714M (75%); Werner Logistics brought in $216M (23%); Other brought in $20.1M (2%). Of every dollar of revenue, 2¢ was left as operating profit, 1¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Truckload Transportation Services | $714M | 75.1% | — | +37% |
| Werner Logistics | $216M | 22.7% | — | -7% |
| Other | $20.1M | 2.1% | — | +7% |
| Corporate | $577K | 0.1% | — | +1% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $950M | 100.0% |
| Operating profit | $17.0M | 1.8% |
| Income tax | $1.0M | 0.1% |
| Net earnings | $6.6M | 0.7% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $951M | +23% |
| Q2 2026 | $934M | +24% |
| Q1 2026 | $809M | +14% |
| Q4 2025 | $738M | -2% |
| Q3 2025 | $771M | +4% |
| Q2 2025 | $753M | -1% |
| Q1 2025 | $712M | -7% |
From Werner Enterprises' 8-K filed Oct 27, 2026 (on EDGAR).
Questions
How does Werner Enterprises make money?
Werner Enterprises (WERN) made $950M of revenue in the third quarter 2026 (Q3 2026), +23% from a year earlier. Truckload Transportation Services brought in $714M (75%); Werner Logistics brought in $216M (23%); Other brought in $20.1M (2%). Of every dollar of revenue, 2¢ was left as operating profit, 1¢ was left as net earnings.
What is Werner Enterprises' biggest business?
Truckload Transportation Services: $714M in the third quarter 2026, 75% of revenue, +37% from a year earlier.
What is Werner Enterprises' profit margin?
Net earnings were $6.6M, 0.7% of revenue, in the third quarter 2026; the operating margin was 1.8%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.