Heartland Express, Inc. (HTLD) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 176.26M | 179.35M | 196.55M | 210.39M | 219.42M | 242.58M | 259.86M | 274.75M | 270.32M | 275.35M | 295.03M | 306.17M | 330.92M | 354.92M | 273.98M | 187.82M | 151.28M | 148.14M | 152.61M | 154.13M |
| Revenue Growth % | -19.67% | -26.06% | -24.36% | -23.43% | -18.83% | -11.9% | -11.92% | -10.26% | -18.31% | -22.42% | 7.68% | 63.01% | 118.75% | 139.58% | 79.52% | 21.86% | -0.74% | -4.91% | -5.96% | -4.19% |
| Cost of Goods Sold | 159.32M | 162.97M | 177.75M | 193.11M | 204.34M | 215.2M | 233.82M | 241.69M | 246.65M | 252.53M | 269.12M | 263.03M | 277.5M | 293.45M | 214.95M | 141.42M | 117.49M | 116.57M | 119.59M | 120.37M |
| COGS % of Revenue | 90.39% | 90.86% | 90.43% | 91.79% | 93.13% | 88.71% | 89.98% | 87.96% | 91.24% | 91.71% | 91.22% | 85.91% | 83.86% | 82.68% | 78.46% | 75.29% | 77.66% | 78.69% | 78.36% | 78.1% |
| Gross Profit | 16.94M | 16.39M | 18.8M | 17.27M | 15.08M | 27.38M | 26.04M | 33.07M | 23.67M | 22.81M | 25.91M | 43.14M | 53.42M | 61.47M | 59.03M | 46.4M | 33.79M | 31.57M | 33.02M | 33.76M |
| Gross Margin % | 9.61% | 9.14% | 9.57% | 8.21% | 6.87% | 11.29% | 10.02% | 12.04% | 8.76% | 8.29% | 8.78% | 14.09% | 16.14% | 17.32% | 21.54% | 24.71% | 22.34% | 21.31% | 21.64% | 21.9% |
| Gross Profit Growth % | 12.28% | -40.15% | -27.8% | -47.76% | -36.28% | 20% | 0.5% | -23.34% | -55.69% | -62.89% | -56.1% | -7.04% | 58.09% | 94.69% | 78.77% | 37.46% | 13.06% | -11.28% | -13.44% | -12.65% |
| Operating Expenses | 27.55M | 32.43M | 32.74M | 32.48M | 31.77M | 32.35M | 33.18M | 32.8M | 38.05M | 12.11M | 33.35M | 26.91M | 30.53M | 35.3M | 24.29M | -58.65M | 11.39M | 5.07M | -254K | 6.41M |
| OpEx % of Revenue | 15.63% | 18.08% | 16.66% | 15.44% | 14.48% | 13.34% | 12.77% | 11.94% | 14.08% | 4.4% | 11.3% | 8.79% | 9.22% | 9.95% | 8.86% | -31.23% | 7.53% | 3.42% | -0.17% | 4.16% |
| Selling, General & Admin | 14.38M | 18.37M | 17.53M | 16.36M | 14.19M | 13.94M | 14.11M | 15.24M | 17.02M | 16.97M | 11.83M | 13.11M | 13.88M | 14.65M | 12.67M | 7.46M | 6.64M | 6.69M | 6.27M | 5.64M |
| SG&A % of Revenue | 8.16% | 10.24% | 8.92% | 7.78% | 6.47% | 5.75% | 5.43% | 5.55% | 6.3% | 6.16% | 4.01% | 4.28% | 4.19% | 4.13% | 4.62% | 3.97% | 4.39% | 4.52% | 4.11% | 3.66% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | -1000K | -1000K | 762K |
| Operating Income | -10.61M | -16.04M | -13.94M | -15.2M | -16.68M | -4.98M | -7.14M | 264K | -14.38M | 10.71M | -7.44M | 16.23M | 22.89M | 26.17M | 34.74M | 105.06M | 22.39M | 26.5M | 33.27M | 27.35M |
| Operating Margin % | -6.02% | -8.95% | -7.09% | -7.23% | -7.6% | -2.05% | -2.75% | 0.1% | -5.32% | 3.89% | -2.52% | 5.3% | 6.92% | 7.37% | 12.68% | 55.93% | 14.8% | 17.89% | 21.8% | 17.75% |
| Operating Income Growth % | 36.39% | -222.36% | -95.27% | -5857.95% | -15.98% | -146.49% | 4.05% | -98.37% | -162.84% | -59.09% | -121.42% | -84.55% | 2.21% | -1.28% | 4.42% | 284.1% | 22.52% | 11.53% | 21.71% | 9.45% |
| EBITDA | 24.55M | 21.32M | 24.8M | 26.26M | 24.95M | 38.95M | 37.81M | 46.4M | 32.12M | 61.83M | 43.67M | 64.57M | 71.36M | 76.81M | 69.53M | 129.36M | 45.71M | 52.45M | 58.58M | 53.34M |
| EBITDA Margin % | 13.93% | 11.89% | 12.62% | 12.48% | 11.37% | 16.06% | 14.55% | 16.89% | 11.88% | 22.45% | 14.8% | 21.09% | 21.56% | 21.64% | 25.38% | 68.88% | 30.21% | 35.41% | 38.39% | 34.61% |
| EBITDA Growth % | -1.6% | -45.26% | -34.41% | -43.4% | -22.34% | -37% | -13.41% | -28.13% | -54.99% | -19.5% | -37.19% | -50.09% | 56.13% | 46.43% | 18.69% | 142.5% | 0.98% | 0.17% | 6.36% | 2.04% |
| D&A (Non-Cash Add-back) | 35.16M | 37.37M | 38.74M | 41.46M | 41.63M | 43.93M | 44.95M | 46.14M | 46.5M | 51.12M | 51.11M | 48.34M | 48.47M | 50.64M | 34.79M | 24.31M | 23.31M | 25.95M | 25.31M | 25.99M |
| EBIT | -3.09M | -22.63M | -7.02M | -12.22M | -14.77M | 1.25M | -6.88M | 552K | -14.02M | 11.01M | -7.16M | 16.82M | 23.37M | 26.51M | 35.28M | 105.31M | 22.54M | 54.48M | 33.45M | 27.53M |
| Net Interest Income | -2M | -2.3M | -2.67M | -2.76M | -2.98M | -3.23M | -3.98M | -4.29M | -4.94M | -5.63M | -5.79M | -5.52M | -5.59M | -5.69M | -1.81M | 86K | 146K | 147K | 181K | 175K |
| Interest Income | 207K | 213K | 235K | 198K | 129K | 232K | 258K | 288K | 366K | 304K | 276K | 592K | 484K | 345K | 537K | 260K | 146K | 147K | 181K | 175K |
| Interest Expense | 2.21M | 2.52M | 2.91M | 2.96M | 3.1M | 3.46M | 4.24M | 4.57M | 5.3M | 5.93M | 6.07M | 6.11M | 6.08M | 6.04M | 2.35M | 174K | 0 | 0 | 0 | 0 |
| Other Income/Expense | 5.31M | -9.1M | 4.01M | 18K | -1.19M | 2.77M | -3.98M | -4.29M | -4.94M | -5.63M | -5.79M | -5.52M | -5.59M | -5.69M | -1.81M | 86K | 146K | 147K | 181K | 175K |
| Pretax Income | -5.3M | -25.15M | -9.93M | -15.18M | -17.87M | -2.21M | -11.12M | -4.02M | -19.32M | 5.08M | -13.23M | 10.71M | 17.3M | 20.48M | 32.93M | 105.14M | 22.54M | 26.65M | 33.45M | 27.53M |
| Pretax Margin % | -3.01% | -14.02% | -5.05% | -7.22% | -8.15% | -0.91% | -4.28% | -1.46% | -7.15% | 1.84% | -4.48% | 3.5% | 5.23% | 5.77% | 12.02% | 55.98% | 14.9% | 17.99% | 21.92% | 17.86% |
| Income Tax | -477K | -5.7M | -1.64M | -4.33M | -4M | -357K | -1.84M | -544K | -4.21M | -20K | -2.53M | 2.94M | 4.69M | 4.99M | 8.52M | 28.23M | 5.77M | 6.32M | 8.99M | 6.78M |
| Effective Tax Rate % | 9% | 22.68% | 16.53% | 28.51% | 22.38% | 16.15% | 16.55% | 13.53% | 21.8% | -0.39% | 19.11% | 27.45% | 27.09% | 24.36% | 25.87% | 26.85% | 25.58% | 23.7% | 26.87% | 24.65% |
| Net Income | -4.82M | -19.44M | -8.28M | -10.86M | -13.87M | -1.85M | -9.28M | -3.48M | -15.11M | 5.09M | -10.7M | 7.77M | 12.61M | 15.49M | 24.41M | 76.91M | 16.77M | 20.34M | 24.47M | 20.74M |
| Net Margin % | -2.74% | -10.84% | -4.21% | -5.16% | -6.32% | -0.76% | -3.57% | -1.27% | -5.59% | 1.85% | -3.63% | 2.54% | 3.81% | 4.36% | 8.91% | 40.95% | 11.09% | 13.73% | 16.03% | 13.46% |
| Net Income Growth % | 65.25% | -949.22% | 10.76% | -212.1% | 8.17% | -136.37% | 13.27% | -144.76% | -219.79% | -67.11% | -143.84% | -89.9% | -24.82% | -23.83% | -0.21% | 270.77% | 22.14% | 15.07% | 18.11% | 8.13% |
| Net Income (Continuing) | -4.82M | -19.44M | -8.28M | -10.86M | -13.87M | -1.85M | -9.28M | -3.48M | -15.11M | 5.09M | -10.7M | 7.77M | 12.61M | 15.49M | 24.41M | 76.91M | 16.77M | 20.34M | 24.47M | 20.74M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.06 | -0.25 | -0.11 | -0.14 | -0.18 | -0.02 | -0.12 | -0.04 | -0.19 | 0.06 | -0.14 | 0.10 | 0.16 | 0.20 | 0.31 | 0.97 | 0.21 | 0.26 | 0.31 | 0.26 |
| EPS Growth % | 65.44% | -959.32% | 8.33% | -217.46% | 5.26% | -136.65% | 14.29% | -144.86% | -218.75% | -67.8% | -145.16% | -89.87% | -23.81% | -23.08% | 0% | 273.08% | 23.53% | 18.18% | 24% | 8.33% |
| EPS (Basic) | -0.06 | -0.25 | -0.11 | -0.14 | -0.18 | -0.02 | -0.12 | -0.04 | -0.19 | 0.06 | -0.14 | 0.10 | 0.16 | 0.20 | 0.31 | 0.97 | 0.21 | 0.26 | 0.31 | 0.26 |
| Diluted Shares Outstanding | 77.46M | 77.48M | 77.47M | 78.08M | 78.61M | 78.78M | 78.49M | 78.98M | 79.12M | 79.11M | 79.02M | 79.08M | 79.02M | 79.01M | 78.97M | 78.96M | 78.95M | 78.94M | 79.36M | 79.96M |
| Basic Shares Outstanding | 77.46M | 77.44M | 77.47M | 78.08M | 78.54M | 78.73M | 78.49M | 78.91M | 79.04M | 79.03M | 79.02M | 79M | 78.99M | 78.96M | 78.94M | 78.93M | 78.93M | 78.91M | 79.34M | 79.91M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | 62.04% | - | 20.34% | - | 20.41% | 6.46% | 2.05% | 9.41% | 15.61% | - | 7.71% |