Heartland Express returns to profit in Q2 FY26; revenue falls 12.5% to 184.13 million
Reuters2026/08/10 14:34- Heartland Express returned to profit in Q2, posting net income of $10.6 million versus a net loss a year earlier.
- Revenue fell 12.5% to $184.1 million from the prior-year quarter, as strategic fleet changes cut drivers and total miles.
- Operating ratio improved to 91.0% from 105.9%, helped by a $25.1 million gain on disposal of property and equipment.
- Fuel surcharge revenue rose 29.5% to $31.7 million on higher diesel prices, while fuel expense increased 20.3% to $40.5 million.
- Management said freight volumes, pricing and driver utilization improved on tightening industry capacity, though higher fuel remained a headwind.
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