Hub Group Earnings Reports

Hub Group reported a consolidated revenue of $905.6 million for the second quarter of 2025, an 8% decrease from the prior year. GAAP diluted EPS was $0.42, with adjusted EPS (non-GAAP) at $0.45. Operating income stood at $34 million, or 3.8% of revenue, while adjusted operating income (non-GAAP) was $36.9 million, or 4.1% of revenue. The company maintained a strong balance sheet with a net debt/EBITDA LTM of 0.3x.

Hub Group reported first quarter 2025 results with diluted earnings per share of $0.44, matching the prior year. Revenue for the quarter was $915 million, an 8% decrease from the prior year. Operating income improved to $37 million, representing 4.1% of revenue.

Hub Group announced fourth quarter 2024 net income of $24 million and diluted earnings per share of $0.40. The company's revenue for the quarter was $974 million, a 1% decline from the prior year, primarily due to lower fuel, Brokerage, Consolidation and Fulfillment, and Managed Transportation revenue, despite strong Intermodal volume growth. Adjusted EPS for the quarter was $0.48.

Hub Group reported a decrease in revenue but an increase in adjusted EPS for Q3 2024. The company's Intermodal volume grew by 12%, and it closed a joint venture with EASO. Market conditions remain challenging.

Hub Group reported a decrease in revenue and net income compared to the previous year, but experienced growth in Intermodal volume and contributions from Final Mile. The company's Q2 2024 revenue was $986 million, with a net income of $29 million, or $0.47 per diluted share.

Hub Group's first quarter 2024 results showed a net income of $27 million and diluted earnings per share of $0.44. Revenue reached $1.0 billion, aligning with the previous quarter's performance despite seasonal declines and challenging market conditions. The company's operating income margin was 3.7% of revenue.

Hub Group reported a decrease in net income to $29 million and diluted earnings per share of $0.46 for Q4 2023, compared to $79 million and $1.21 per share in Q4 2022. The results were impacted by acquisition-related expenses. Revenue also decreased to $1.0 billion from $1.3 billion in the same quarter of the previous year. The company continued to execute its growth strategy by acquiring Forward Air Final Mile and repurchasing $26 million of its stock.

Hub Group reported a decrease in net income to $30 million and diluted earnings per share of $0.97 for Q3 2023, compared to $87 million and $2.61 per diluted share in Q3 2022. The decline was attributed to a soft freight environment, though the Logistics Segment contributed nearly 70% of operating income. Consolidated revenue decreased to $1.0 billion from $1.4 billion in the prior year.

Hub Group's Q2 2023 results were impacted by challenging market conditions, with a consolidated revenue of $1.0 billion and a net income of $47 million, or $1.44 per diluted share. The Logistics Segment contributed significantly to operating income, offsetting softer profitability in the ITS Segment.

Hub Group's first quarter 2023 saw a decrease in revenue to $1.2 billion compared to $1.3 billion in the first quarter of 2022, with net income at $62 million, or $1.88 per diluted share. The company's operating income margin was 6.8% of revenue, and it continues to invest in its core business and technology while diversifying its service offerings.

Hub Group reported a 2% increase in revenue for the fourth quarter of 2022, reaching $1.3 billion, with net income at $79 million and diluted earnings per share at $2.42. The company's full-year revenue grew by 26% to $5.3 billion, with net income of $357 million and diluted earnings per share of $10.64. Market conditions softened during the quarter, but Hub Group anticipates demand will return by mid-2023.

Hub Group announced third quarter 2022 net income of $87 million, and diluted earnings per share of $2.61. Revenue for the third quarter of 2022 increased by 26% to $1.4 billion compared with $1.1 billion in the third quarter of 2021.

Hub Group reported a strong second quarter with a 43% increase in revenue to $1.4 billion and diluted earnings per share of $3.03, nearly four times the prior year's EPS. The company benefited from yield improvement, operating efficiency, and growth across its Intermodal and Transportation Solutions, Truck Brokerage, and Logistics segments.

Hub Group reported a strong first quarter in 2022, with record revenue and diluted earnings per share. Revenue increased by 41% to $1.3 billion, and diluted EPS reached $2.58, over five times the prior year's EPS. The company is increasing its financial guidance for the year.

Hub Group reported a strong fourth quarter in 2021 with record revenue and profit, driven by exceptional freight demand and improved operational efficiency. Revenue increased by 32% to $1.3 billion, and diluted EPS reached a record $2.48, nearly four times the prior year's EPS.

Hub Group reported a strong third quarter with a 16% increase in revenue and record profitability. The company's diluted EPS grew by 73% compared to the prior year, driven by favorable market conditions and a focus on customer experience.

Hub Group's second-quarter 2021 results showed significant growth, with a 26% increase in revenue to $981 million and net income doubling to $26.6 million, or $0.78 per diluted share, compared to the previous year. This performance was driven by favorable market conditions, a focus on yield improvement and operating efficiency.

Hub Group's first quarter 2021 saw a 10% increase in revenue to $920 million, driven by strong freight market conditions and strategic customer growth. Net income rose to $17.2 million, or $0.51 per diluted share, compared to $13.2 million, or $0.40 per diluted share, in the first quarter of 2020.

Hub Group reported a 6% increase in revenue for the fourth quarter of 2020, driven by strong freight market conditions and growth with strategic customers. Net income was $22.4 million, or $0.67 per diluted share, which includes expenses related to insurance claims, restructuring charges, and acquisition-related expenses. The company continues to invest in its business, including container and tractor fleets, and completed the acquisition of NSD to expand its service offering.

Hub Group, Inc. announced third quarter 2020 net income of $24.8 million, or diluted earnings per share of $0.74. Revenue for the third quarter of 2020 increased by 1% to $925 million compared with $913 million for the third quarter 2019.

Hub Group's Q2 2020 net income was $13.2 million, or $0.39 per diluted share, which included $7.0 million of donation, consulting, and severance expenses. Revenue decreased by 15% to $779 million compared to Q2 2019. The company saw improved business conditions throughout the quarter and is adding containers and tractors to support future growth.

Hub Group reported a decrease in revenue by 10% to $839 million compared to the previous year. Net income was $13.2 million, or $0.40 per diluted share, which included $2.5 million of severance, consulting, and donation expenses. The company is focused on cost control and has taken steps to enhance liquidity.

Hub Group reported a decrease in revenue for the fourth quarter of 2019, driven by declines in Intermodal and Truck Brokerage segments. However, gross margin improved due to successful multimodal solutions and lower transportation costs. The company is focused on executing its strategy and profit improvement initiatives to navigate the challenging freight environment.