Heartland Express Inc income statement
In fiscal 2025, Heartland Express Inc reported revenue of $806m, down 23.1% on the year before, operating income of −$57.4m (a -7.1% margin) and net income of −$52.5m, or −$0.67 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 460 | 500 | 529 | 546 | 582 | 871 | 736 | 613 | 607 | 611 | 597 | 645 | 607 | 968 | 1,207 | 1,048 | 806 | 736 |
| Operating income | 79 | 91 | 107 | 95 | 112 | 132 | 117 | 86 | 64 | 90 | 94 | 93 | 105 | 188 | 42 | −20 | −57 | −17 |
| Interest expense | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 9 | 24 | 18 | 11 | 10 |
| Income before tax | 81 | 93 | 107 | 96 | 113 | 132 | 117 | 86 | 64 | 92 | 97 | 94 | 106 | 181 | 20 | −37 | −68 | −25 |
| Income tax | 24 | 31 | 37 | 34 | 42 | 47 | 44 | 30 | −11 | 19 | 24 | 23 | 27 | 48 | 5 | −7 | −16 | −3 |
| Net income | 57 | 62 | 70 | 62 | 71 | 85 | 73 | 56 | 75 | 73 | 73 | 71 | 79 | 134 | 15 | −30 | −52 | — |
| Diluted EPS | $0.62 | $0.69 | $0.78 | $0.71 | $0.83 | $0.96 | $0.84 | $0.68 | $0.90 | $0.88 | $0.89 | $0.87 | $1.00 | $1.69 | $0.19 | −$0.38 | −$0.67 | — |
| Diluted shares (average) | 91,131m | 91m | 90m | 86m | 85m | 88m | 87m | 83m | 83m | 82m | 82m | 81m | 80m | 79m | 79m | 79m | 78m | 77m |
| EBITDA | 138 | 153 | 164 | 153 | 182 | 241 | 228 | 191 | 167 | 191 | 195 | 204 | 210 | 321 | 241 | 161 | 102 | 127 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 260 | 243 | 219 | 210 | 197 | 179 | 176 | 184 |
| Operating income | −7 | 1 | −15 | −12 | −7 | −23 | −3 | 17 |
| Interest expense | 4 | 3 | 3 | 3 | 3 | 3 | 2 | 2 |
| Income before tax | −11 | −2 | −18 | −15 | −10 | −25 | −5 | 15 |
| Income tax | −2 | −0 | −4 | −4 | −2 | −6 | −0 | 4 |
| Net income | −9 | — | −14 | −11 | −8 | — | −5 | 11 |
| Diluted EPS | −$0.12 | −$0.03 | −$0.18 | −$0.14 | −$0.11 | −$0.25 | −$0.06 | $0.14 |
| EBITDA | 38 | 45 | 27 | 29 | 31 | 15 | 32 | 49 |
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