NASDAQ$WERN

Werner Enterprises Inc. · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Werner Enterprises Inc. reported Q2 2025 results with net income of $44.1 million and diluted EPS of $0.72.

Operating revenues were $753.1 million, down 1.0% year-over-year. Operating income rose to $66.3 million due to a $45.7 million insurance liability reversal and improved segment margins. TTS segment operating margin reached 12.4% while Werner Logistics contributed positive operating income of $4.3 million.

  • Net income attributable to Werner increased to $44.1 million from $9.5 million in Q2 2024.
  • TTS revenues net of fuel surcharge declined 1.6% with average tractors in service down 1.8%.
  • Werner Logistics revenues grew 5.9% to $221.2 million with operating margin improving to 2.0%.
  • Company ended Q2 with 7,545 TTS tractors and continued focus on Dedicated fleet growth.

Headline financials

Total Revenue

$753M

Previous: $761M-1.0%
EPS (adj)

$0.72

Previous: $0.17+323.5%
Capital Expenditures

-$112M

Previous: -$199M+43.7%
Net Income

$44.1M

Previous: $9.47M+365.5%
Operating Income

$66.3M

Previous: $19.6M+238.2%

Revenue & EPS history

Werner · Revenue · Quarterly

$753M

Q2 2025-1%vs Q2 2024
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

Werner · $758M total across 3 segments · Q2 2025

  • Truckload Transportation Services
    $518M
  • Werner Logistics
    $221M
  • Other
    $19.1M

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+0.2%

Avg return

Earnings day

+0.0%

Avg return

5 days after

+0.3%

Avg return

30 days after

53%

36 / 68 earnings

Positive

+10.1%

Q1 2017

Best reaction

-9.7%

Q1 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026+5.8%-0.1%+20.7%
Q4 2025-8.2%-9.0%-18.7%
Q3 2025+1.3%+4.9%+0.7%
Q1 2025-1.4%-7.1%-6.4%
Q4 2024-0.6%-0.4%-7.1%
Q3 2024-2.3%-1.7%+6.0%
Q2 2024-0.3%-5.2%-6.9%
Q1 2024+1.3%+4.6%+5.7%
Q4 2023+5.9%+4.8%-1.5%
Q3 2023-0.9%+2.4%+12.7%
Q2 2023-1.3%-1.9%-10.5%
Q1 2023-1.2%-1.1%-3.2%
Q4 2022-1.3%-4.1%-4.0%
Q3 2022-6.6%-0.2%+11.2%
Q2 2022-0.8%+0.2%-5.9%
Q1 2022+7.2%+7.3%+4.0%
Q4 2021-1.4%-1.9%+0.2%
Q3 2021-2.8%-1.9%-2.6%
Q2 2021+2.4%+3.1%+6.9%
Q1 2021+4.7%+5.9%+7.7%
Q4 2020+2.2%+5.9%+14.6%
Q3 2020-3.3%-3.8%+1.1%
Q2 2020+4.5%+2.7%+9.8%
Q1 2020-2.0%-2.4%+8.6%
Q4 2019+5.5%+2.7%-11.4%
Q3 2019+3.0%+2.9%-3.3%
Q2 2019-1.2%+0.5%-8.6%
Q1 2019-1.1%-7.3%-18.7%
Q4 2018+2.2%+0.4%+0.5%
Q3 2018+0.4%+1.6%+0.3%
Q2 2018-8.1%-7.6%-5.6%
Q1 2018-5.1%-8.6%+0.0%
Q4 2017-5.0%-6.9%-13.1%
Q3 2017+0.7%-0.3%-4.8%
Q2 2017+5.4%+1.4%+6.3%
Q1 2017+10.1%+12.0%+4.9%
Q4 2016+2.0%+1.3%+3.6%
Q3 2016+1.3%+5.7%+18.9%
Q2 2016+5.2%+2.5%-0.5%
Q1 2016-9.7%
Q4 2015+4.2%
Q3 2015+2.5%
Q2 2015+5.4%
Q1 2015-3.6%
Q4 2014-5.2%
Q3 2014+5.1%
Q2 2014-2.3%
Q1 2014+2.0%
Q4 2013+1.1%
Q3 2013+0.6%
Q2 2013-5.2%
Q1 2013+0.5%
Q4 2012-2.7%
Q3 2012-0.3%
Q2 2012-0.2%
Q1 2012+1.0%
Q4 2011-0.6%
Q3 2011+2.5%
Q2 2011+2.5%
Q1 2010+1.1%
Q1 2011+2.9%
Q4 2010+1.6%
Q4 2008+1.6%
Q3 2009+2.1%
Q3 2010+2.1%
Q2 2010-3.8%
Q4 2009-3.8%
Q2 2009-3.8%

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