Werner Enterprises, Inc. (WERN) 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 | 808.61M | 737.63M | 771.5M | 753.15M | 712.11M | 754.68M | 745.7M | 760.8M | 769.08M | 821.95M | 817.74M | 811.1M | 832.71M | 861.49M | 827.61M | 836.28M | 764.61M | 765.22M | 702.89M | 649.81M |
| Revenue Growth % | 13.55% | -2.26% | 3.46% | -1.01% | -7.41% | -8.18% | -8.81% | -6.2% | -7.64% | -4.59% | -1.19% | -3.01% | 8.91% | 12.58% | 17.74% | 28.69% | 24.03% | 23.36% | 19.09% | 14.21% |
| Cost of Goods Sold | 769.14M | 657.71M | 713.57M | 672.15M | 642.55M | 663.78M | 695.7M | 708.73M | 719.36M | 752.51M | 717.75M | 701.06M | 722.49M | 718.87M | 702.28M | 707.33M | 639.91M | 625.67M | 585.68M | 532.8M |
| COGS % of Revenue | 95.12% | 89.17% | 92.49% | 89.25% | 90.23% | 87.96% | 93.29% | 93.16% | 93.53% | 91.55% | 87.77% | 86.43% | 86.76% | 83.45% | 84.86% | 84.58% | 83.69% | 81.76% | 83.33% | 81.99% |
| Gross Profit | 39.47M | 79.92M | 57.92M | 81M | 69.57M | 90.9M | 50M | 52.07M | 49.72M | 69.43M | 100M | 110.03M | 110.22M | 142.62M | 125.32M | 128.95M | 124.7M | 139.55M | 117.21M | 117.02M |
| Gross Margin % | 4.88% | 10.83% | 7.51% | 10.75% | 9.77% | 12.04% | 6.71% | 6.84% | 6.47% | 8.45% | 12.23% | 13.57% | 13.24% | 16.55% | 15.14% | 15.42% | 16.31% | 18.24% | 16.67% | 18.01% |
| Gross Profit Growth % | -43.26% | -12.07% | 15.84% | 55.55% | 39.91% | 30.91% | -50% | -52.68% | -54.89% | -51.32% | -20.21% | -14.67% | -11.61% | 2.2% | 6.93% | 10.2% | 19.71% | 2.54% | 0.79% | 4.87% |
| Operating Expenses | 35.48M | 71.51M | 70.95M | 14.68M | 75.4M | 77.54M | 32.41M | 32.46M | 34.13M | 31.5M | 62.1M | 62.84M | 56.84M | 54.24M | 49.06M | 54.02M | 41.19M | 41.06M | 45.88M | 40.15M |
| OpEx % of Revenue | 4.39% | 9.69% | 9.2% | 1.95% | 10.59% | 10.27% | 4.35% | 4.27% | 4.44% | 3.83% | 7.59% | 7.75% | 6.83% | 6.3% | 5.93% | 6.46% | 5.39% | 5.37% | 6.53% | 6.18% |
| Selling, General & Admin | 4.59M | 44.78M | 42.03M | 3.73M | 48.13M | 53.64M | 31.86M | 4.13M | 4.71M | 4.52M | 35.82M | 41.48M | 41.22M | 48.73M | 38.22M | 44.85M | 31.42M | 31.67M | 31.3M | 24.07M |
| SG&A % of Revenue | 0.57% | 6.07% | 5.45% | 0.5% | 6.76% | 7.11% | 4.27% | 0.54% | 0.61% | 0.55% | 4.38% | 5.11% | 4.95% | 5.66% | 4.62% | 5.36% | 4.11% | 4.14% | 4.45% | 3.7% |
| 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 | 544K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 4M | 8.41M | -13.02M | 66.32M | -5.83M | 13.35M | 17.59M | 19.61M | 15.59M | 37.93M | 37.9M | 47.2M | 53.39M | 88.38M | 76.26M | 74.92M | 83.51M | 98.49M | 71.32M | 76.86M |
| Operating Margin % | 0.49% | 1.14% | -1.69% | 8.81% | -0.82% | 1.77% | 2.36% | 2.58% | 2.03% | 4.61% | 4.63% | 5.82% | 6.41% | 10.26% | 9.21% | 8.96% | 10.92% | 12.87% | 10.15% | 11.83% |
| Operating Income Growth % | 168.5% | -36.99% | -174% | 238.18% | -137.41% | -64.79% | -53.58% | -58.45% | -70.8% | -57.08% | -50.3% | -37% | -36.07% | -10.26% | 6.92% | -2.52% | 33.68% | 20.92% | 14.85% | 45.52% |
| EBITDA | 80.19M | 81.75M | 59.16M | 137.08M | 64.22M | 85.23M | 89.18M | 92.28M | 89.86M | 113.64M | 112.49M | 122.1M | 127.7M | 162.21M | 146.66M | 143.39M | 150.74M | 169.76M | 139.94M | 140.73M |
| EBITDA Margin % | 9.92% | 11.08% | 7.67% | 18.2% | 9.02% | 11.29% | 11.96% | 12.13% | 11.68% | 13.83% | 13.76% | 15.05% | 15.34% | 18.83% | 17.72% | 17.15% | 19.71% | 22.18% | 19.91% | 21.66% |
| EBITDA Growth % | 24.88% | -4.09% | -33.66% | 48.54% | -28.54% | -25% | -20.72% | -24.42% | -29.63% | -29.94% | -23.3% | -14.85% | -15.29% | -4.45% | 4.8% | 1.89% | 19.24% | 16.87% | 11.88% | 16.8% |
| D&A (Non-Cash Add-back) | 76.2M | 73.33M | 72.18M | 70.76M | 70.05M | 71.88M | 71.58M | 72.67M | 74.27M | 75.71M | 74.59M | 74.9M | 74.31M | 73.83M | 70.4M | 68.47M | 67.23M | 71.27M | 68.61M | 63.87M |
| EBIT | 5.71M | -34.36M | -11.97M | 68.44M | -3.85M | 23.62M | 19.64M | 18.02M | 12.52M | 32.63M | 39.2M | 48.25M | 36.55M | 86.81M | 76.69M | 99.2M | 73.91M | 102.73M | 87.65M | 97.33M |
| Net Interest Income | -10.15M | -8.94M | -8.57M | -7.87M | -8.04M | -9.54M | -9.26M | -7.26M | -6.26M | -7.3M | -6.93M | -6.24M | -6.36M | -5.07M | -2.39M | -1.47M | -1.16M | -1.31M | -997K | -367K |
| Interest Income | 1.5M | 1.29M | 1.36M | 1.49M | 1.49M | 1.59M | 1.83M | 1.79M | 1.69M | 1.52M | 1.73M | 1.9M | 1.55M | 751K | 392K | 313K | 275K | 293K | 287K | 334K |
| Interest Expense | 11.65M | 10.23M | 9.94M | 9.35M | 9.54M | 11.13M | 11.09M | 9.04M | 7.95M | 8.82M | 8.66M | 8.14M | 7.92M | 5.82M | 2.78M | 1.79M | 1.44M | 1.6M | 1.28M | 701K |
| Other Income/Expense | -9.94M | -53M | -8.88M | -7.23M | -7.56M | -862K | -9.05M | -7.48M | -6.27M | -7.73M | -7.36M | -7.09M | -6.45M | -7.39M | -2.35M | 22.5M | -11.04M | 2.64M | 15.04M | 19.77M |
| Pretax Income | -5.94M | -44.59M | -21.91M | 59.09M | -13.39M | 12.49M | 8.54M | 12.13M | 9.31M | 30.2M | 30.54M | 40.11M | 46.93M | 80.99M | 73.91M | 97.42M | 72.47M | 101.13M | 86.37M | 96.63M |
| Pretax Margin % | -0.73% | -6.04% | -2.84% | 7.85% | -1.88% | 1.66% | 1.15% | 1.59% | 1.21% | 3.67% | 3.73% | 4.94% | 5.64% | 9.4% | 8.93% | 11.65% | 9.48% | 13.22% | 12.29% | 14.87% |
| Income Tax | -1.48M | -9.27M | -822K | 15.47M | -3.17M | 910K | 2M | 2.93M | 3.07M | 6.97M | 7.03M | 10.09M | 11.4M | 19.98M | 17.99M | 23.81M | 17.43M | 23.26M | 21.28M | 24.6M |
| Effective Tax Rate % | 24.92% | 20.79% | 3.75% | 26.18% | 23.66% | 7.28% | 23.46% | 24.16% | 32.93% | 23.08% | 23.03% | 25.15% | 24.29% | 24.67% | 24.34% | 24.44% | 24.06% | 23% | 24.64% | 25.46% |
| Net Income | -4.26M | -27.79M | -20.57M | 44.06M | -10.1M | 11.89M | 6.57M | 9.46M | 6.31M | 23.57M | 23.7M | 29.88M | 35.22M | 60.17M | 55.05M | 72.29M | 53.75M | 75.44M | 63.76M | 72.03M |
| Net Margin % | -0.53% | -3.77% | -2.67% | 5.85% | -1.42% | 1.58% | 0.88% | 1.24% | 0.82% | 2.87% | 2.9% | 3.68% | 4.23% | 6.98% | 6.65% | 8.64% | 7.03% | 9.86% | 9.07% | 11.09% |
| Net Income Growth % | 57.79% | -333.69% | -413.4% | 365.53% | -259.98% | -49.56% | -72.3% | -68.32% | -82.08% | -60.82% | -56.94% | -58.67% | -34.47% | -20.25% | -13.66% | 0.36% | 15.61% | 24.58% | 37.62% | 84.07% |
| Net Income (Continuing) | -4.46M | -35.32M | -21.08M | 43.62M | -10.22M | 11.58M | 6.54M | 9.2M | 6.25M | 23.23M | 23.5M | 30.02M | 35.53M | 61.01M | 55.92M | 73.61M | 55.03M | 77.86M | 65.09M | 72.03M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 27.91M | 28.11M | 35.64M | 36.87M | 37.82M | 37.94M | 38.25M | 38.28M | 38.54M | 38.61M | 38.95M | 39.15M | 39.01M | 38.7M | 38.68M | 38.55M | 37.23M | 35.95M | 36.62M | 0 |
| EPS (Diluted) | -0.07 | -0.46 | -0.34 | 0.72 | -0.16 | 0.19 | 0.11 | 0.15 | 0.10 | 0.37 | 0.37 | 0.47 | 0.55 | 0.94 | 0.86 | 1.12 | 0.82 | 1.15 | 0.94 | 1.06 |
| EPS Growth % | 55.56% | -342.11% | -409.09% | 380% | -261.62% | -48.65% | -70.27% | -68.09% | -82% | -60.64% | -56.98% | -58.04% | -32.93% | -18.26% | -8.51% | 5.66% | 20.59% | 30.68% | 40.3% | 89.29% |
| EPS (Basic) | -0.07 | -0.46 | -0.34 | 0.72 | -0.16 | 0.19 | 0.11 | 0.15 | 0.10 | 0.37 | 0.37 | 0.47 | 0.56 | 0.95 | 0.87 | 1.12 | 0.82 | 1.18 | 0.94 | 1.06 |
| Diluted Shares Outstanding | 59.91M | 59.87M | 61.02M | 61.53M | 61.89M | 62.08M | 62.02M | 62.86M | 63.73M | 63.78M | 63.74M | 63.69M | 63.7M | 63.7M | 63.78M | 64.73M | 65.88M | 66.85M | 67.83M | 68.22M |
| Basic Shares Outstanding | 59.94M | 59.87M | 61.02M | 61.53M | 61.89M | 62.38M | 61.81M | 62.71M | 63.47M | 63.43M | 63.39M | 63.38M | 63.31M | 63.22M | 63.39M | 64.39M | 65.54M | 65.79M | 67.47M | 67.93M |
| Dividend Payout Ratio | - | - | - | 19.68% | - | 72.77% | 131.81% | 93.8% | 140.72% | 37.65% | 37.44% | 27.57% | 23.34% | 13.66% | 14.98% | 10.8% | 14.69% | 10.64% | 12.78% | 9.43% |