Every 10-Q that Heartland Expr (HTLD) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow HTLD and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HTLD filings page.
Heartland Express, Inc. reported a return to profitability for the quarter and first half ended June 30, 2026 despite lower revenue. Operating revenue for the quarter was $184.1 million, down from $210.4 million a year earlier, but net income improved to $10.6 million from a net loss of $10.9 million. For the first six months, revenue was $360.4 million versus $429.8 million, with net income of $5.8 million compared to a loss of $24.7 million in 2025. The company’s operating ratio improved markedly to for the six-month period, aided by cost reductions and $32.4 million of gains on property and equipment sales.
Heartland ended the quarter with $62.4 million in cash and cash equivalents and total cash, cash equivalents and restricted cash of $75.8 million, against $134.9 million outstanding on its term loan and no borrowings on its $100 million revolver, leaving $88.8 million available. Operating cash flow was $36.0 million, or 10.0% of revenue, and net cash provided by investing activities was $38.9 million, primarily from net equipment transactions. The company continues to pay down acquisition-related debt, has fully repaid Smith Transport debt and leases, and maintains a regular dividend of $0.04 per share year-to-date while moderating share repurchases.
Heartland Express reported weaker demand but improved profitability trends in Q1 2026. Operating revenue fell to $176.3 million from $219.4 million, reflecting a smaller fleet and fewer miles in a soft freight market. Net loss narrowed to $4.8 million (basic and diluted loss per share $0.06) from a $13.9 million loss (loss per share $0.18) a year earlier.
The operating ratio improved to 101.9% from 106.8%, and the non-GAAP adjusted operating ratio improved to 101.3% from 107.1%, helped by cost reductions and a $7.3 million gain on asset sales. Cash flow from operations was $23.2 million, and cash, cash equivalents and restricted cash rose to $58.0 million, while outstanding debt stood at $149.9 million under its credit facilities.
Management highlights continued industry overcapacity, higher diesel prices and rising insurance costs as key headwinds, but notes signs of improving freight rates and ongoing debt paydown and fleet modernization.
Heartland Express (HTLD) reported Q3 2025 results with operating revenue of $196.5 million and a net loss of $8.3 million. The operating ratio was 103.7%, reflecting cost pressures amid a soft freight market. Fuel surcharge revenue was $24.1 million, and gains on equipment and real estate sales were $6.7 million.
For the first nine months, revenue was $626.4 million with a net loss of $33.0 million and an operating ratio of 105.5%. Cash flow from operations was $74.4 million, supporting $97.0 million of capital purchases and $72.7 million of asset sale proceeds. Cash and cash equivalents were $32.7 million, with $174.9 million outstanding on the term facility and no draws on the revolver; $88.3 million remained available. Interest expense declined on lower average debt, and depreciation and amortization eased with fleet adjustments.
The company repurchased 0.2 million shares for $1.4 million in Q3 and paid a $0.02 per share dividend. Shares outstanding were 77,447,537 as of November 6, 2025.