Heartland Express Q1 FY26 net loss narrows to $4.8 million; revenue drops 19.7% to $176.3 million

Heartland Express, Inc.

Heartland Express, Inc.

HTLD

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  • Heartland Express posted a net loss of $4.8 million, or $0.06 per share, as Q1 revenue fell 19.7% to $176.3 million.
  • Operating loss narrowed to $3.3 million from $14.9 million, while operating ratio improved 4.9 percentage points to 101.9%.
  • Cash flow from operations slipped to $23.2 million from $25.8 million, while cash, cash equivalents and restricted cash climbed $26.6 million to $58 million.
  • Management said freight demand and pricing improvements have started but may not fully materialize until later in 2026, with April diesel prices averaging $5.50 per gallon.


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