NASDAQ$HUBG

Hub Group Inc · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Hub Group reported select preliminary fourth quarter and full year 2025 results, with intermodal volume increasing 1% from the prior year and strong year-end cash and restricted cash of approximately $140 million.

Hub Group delivered strong operating cash flows and revenue performance in 2025 despite industry headwinds, supported by intermodal volume growth and new business awards. The company announced a delay in its full earnings release and conference call due to an error in financial statements for the first, second, and third quarters of 2025, which resulted in an understatement of purchased transportation costs and accounts payable.

  • Fourth quarter intermodal volume increased 1% from the prior year.
  • Strong year-end balance sheet with cash and restricted cash of approximately $140 million and lower net debt.
  • Preliminary 2025 operating cash flow of approximately $194 million.
  • Preliminary 2025 capital expenditures of approximately $45 million.

Headline financials

Total Revenue

$0.00

Previous: $974M-100.0%
EPS (adj)

$0.00

Previous: $0.48-100.0%
Net Debt

$116M

No prior period
Operating Cash Flow

$194M

No prior period
Capital Expenditures

$45M

No prior period
Intermodal Volume Growth

1.0%

No prior period
Brokerage Volume Decline

10.0%

No prior period
Brokerage Revenue per Load Decline

4.0%

No prior period
Net Income

$0.00

Previous: $24.4M-100.0%
Operating Income

$0.00

Previous: $31.5M-100.0%
Cash & Equivalents

$140M

No prior period

Revenue & EPS history

Hub Group · Revenue · Quarterly

$0

Q4 2025-100%vs Q4 2024
Beat estimate in 3 of 14 quarters(21%)
ActualEstimate

Forward guidance

For full year 2026, Hub Group estimates revenue of approximately $3.65 billion to $3.95 billion and capital expenditures of approximately $35 million to $45 million.

Tailwinds

  • Expected revenue range of $3.65 billion to $3.95 billion for full year 2026.
  • Anticipated capital expenditures of $35 million to $45 million for full year 2026.

Headwinds

  • The company will restate financial statements for Q1, Q2, and Q3 2025 due to an error.
  • The error resulted in an understatement of purchased transportation costs and accounts payable.
  • The total reduction to accounts payable and purchased transportation costs related to this issue was $77 million for the first nine months of 2025.
  • The company cannot yet estimate the resulting increase to purchased transportation and warehousing costs and accounts payable.
  • The company is continuing to assess the potential impact to its consolidated financial statements for the years ended December 31, 2024 and 2023.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+1.3%

Avg return

Earnings day

+2.4%

Avg return

5 days after

+4.2%

Avg return

30 days after

61%

42 / 69 earnings

Positive

+14.0%

Q3 2017

Best reaction

-16.0%

Q2 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+2.1%+3.4%+24.2%
Q4 2025+1.5%+3.7%+24.8%
Q3 2025-0.6%-0.7%+8.0%
Q2 2025-4.3%+0.9%+6.9%
Q1 2025+0.4%+7.1%+1.7%
Q4 2024-4.2%-2.7%-9.1%
Q3 2024-0.2%+1.3%+18.7%
Q2 2024-9.1%-8.3%+0.8%
Q1 2024-0.2%+0.6%+8.1%
Q4 2023-2.1%-1.9%-6.8%
Q3 2023-5.1%-6.9%+2.0%
Q2 2023+3.4%+3.3%-7.6%
Q1 2023-2.7%-2.7%-4.0%
Q4 2022+10.4%+12.4%+6.2%
Q3 2022+2.8%+5.8%+9.9%
Q2 2022+5.8%+7.2%+2.5%
Q1 2022+3.8%+14.0%+13.5%
Q4 2021+7.9%+7.0%+10.4%
Q3 2021+1.9%+4.2%+6.0%
Q2 2021+3.7%+4.5%+9.0%
Q1 2021+1.6%+7.0%-2.2%
Q4 2020+4.4%+6.7%+11.1%
Q3 2020+1.3%+3.9%+12.1%
Q2 2020+3.2%+2.9%+6.0%
Q1 2020-15.6%-12.2%-7.1%
Q4 2019+7.8%+0.2%-17.3%
Q3 2019-7.7%-1.6%+2.9%
Q2 2019+11.7%+6.1%+6.3%
Q1 2019+0.5%+11.4%-5.7%
Q4 2018-0.9%-0.4%-7.0%
Q3 2018+11.6%+12.6%+5.5%
Q2 2018+10.0%+15.0%+13.9%
Q1 2018-0.3%+0.8%+15.7%
Q4 2017-5.7%+0.1%-2.8%
Q3 2017+14.0%+10.6%+13.5%
Q2 2017-16.0%-15.5%-6.1%
Q1 2017-0.7%-3.6%-14.2%
Q4 2016+7.9%+6.4%+11.5%
Q3 2016-10.3%-8.5%+9.2%
Q2 2016-0.0%+1.1%-1.1%
Q1 2016+6.3%
Q4 2015+10.2%
Q3 2015+8.7%
Q2 2015+8.4%
Q1 2015+8.1%
Q4 2014+7.1%
Q3 2014+3.0%
Q2 2014-5.1%
Q1 2014+6.0%
Q4 2013+3.2%
Q3 2013+2.8%
Q2 2013+6.5%
Q1 2013-5.6%
Q4 2012-0.5%
Q3 2012+0.1%
Q2 2012+1.0%
Q1 2012+0.3%
Q2 2011-0.7%
Q4 2011-0.7%
Q3 2011-1.1%
Q4 2010-3.9%
Q1 2010-0.4%
Q1 2011-0.4%
Q4 2008+2.1%
Q3 2010+0.4%
Q3 2009+0.4%
Q2 2009+1.0%
Q2 2010+1.0%
Q4 2009+1.0%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro