Inferra AI / Company / WERN
Werner Enterprises Inc.
WERN · Industrials
Last earnings Oct 27, 2026
Key results
Total revenuequarter
$771.5 million
Total revenues of $771.5 million, increased $25.8 million, or 3% Operating loss was $13.0 million compared to $17.6 million operating income in the prior year non-GAAP adjusted
SEC original ↗Werner Enterprises Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Operating incomequarter
3%
Total revenues of $771.5 million, increased $25.8 million, or 3% Operating loss was $13.0 million compared to $17.6 million operating income in the prior year non-GAAP adjusted
SEC original ↗Werner Enterprises Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Growthquarter
down $10.7 million
operating income of $10.9 million, down $10.7 million, or 50%
SEC original ↗Werner Enterprises Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Operating marginquarter
1.4%
operating margin of 1.4%, decreased 150 basis points from 2.9% Diluted loss per share was $0.34 compared to diluted
SEC original ↗Werner Enterprises Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
EPSquarter
$0.11
earnings per share of $0.11 in the prior year non-GAAP adjusted diluted loss per share was $0.03 compared to non-GAAP adjusted diluted
SEC original ↗Werner Enterprises Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
earnings per share of $0.15 in the prior year OMAHA, Neb.
SEC original ↗Werner Enterprises Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Total revenues for the quarter were $771.5 million, an increase of $25.8 million compared to the prior year, due to an increase in Logistics revenues of $25.8 million, or 12%, partially offset by a $3.0 million, or 1%, decrease in Truckload Transportation Services ( TTS ) revenues.
SEC original ↗Werner Enterprises Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
TTS revenuequarter
$3.3 million
A portion of the TTS revenue decline was due to $3.3 million lower fuel surcharge revenues.
SEC original ↗Werner Enterprises Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Operating loss of $13.0 million decreased $30.6 million, or 174%, while operating margin of (1.7)% declined 410 basis points from 2.4%.
SEC original ↗Werner Enterprises Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
AI analysis
Q3 2025 · reported Oct 30, 2025
Based on: Earnings release + parent 8-K — transcript not held
The quarter in charts
Headline figures
| Metric | Q3 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Total revenue | $771.5 million | — | $17.6 million |
| Operating income | 3% | — | — |
| Growth | down $10.7 million | — | — |
| Operating margin | 1.4% | — | — |
| EPS | $0.11 | — | — |
| TTS revenue | $3.3 million | — | — |
Guidance · company-stated
No guidance located in the held release
Margin
Capital allocation
Net interest expense of $8.6 million decreased $0.7 million primarily due to a decrease in average interest rates, partially offset by an increase in average debt outstanding.
Event summary
Third quarter results reflected a more challenging freight environment, with mixed results across our business segments
Based on: Earnings release + parent 8-K — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
Net interest expense of $8.6 million decreased $0.7 million primarily due to a decrease in average interest rates, partially offset by an increase in average debt outstanding.
SEC original ↗Werner Enterprises Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Net capital expenditures in third quarter 2025 were $35.2 million compared to $87.9 million in third quarter 2024, a decrease of 60%.
SEC original ↗Werner Enterprises Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
We did not repurchase shares of our common stock in third quarter 2025.
SEC original ↗Werner Enterprises Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
As of September 30, 2025, we had 5.0 million shares remaining under our new share repurchase authorization approved by the Board of Directors in August 2025.
SEC original ↗Werner Enterprises Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Total debt outstanding was $725 million at September 30, 2025.
SEC original ↗Werner Enterprises Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
After considering letters of credit issued, we had available liquidity consisting of cash and cash equivalents and available borrowing capacity as of September 30, 2025 of $695 million.
SEC original ↗Werner Enterprises Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Strategy & priorities
Despite the softer operating backdrop, we remain focused on cost discipline, technology-driven efficiency, and capital allocation, while maintaining strong liquidity and a modern fleet.
SEC original ↗Werner Enterprises Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
These efforts continue to support our long-term strategy and positive operating cash flow.
SEC original ↗Werner Enterprises Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
During third quarter 2025 we had net losses on our strategic investments of $0.3 million compared to net gains of $0.3 million in the prior year.
SEC original ↗Werner Enterprises Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Consistent with prior reporting, increases or decreases to the values of these strategic investments are adjusted out for determining non-GAAP adjusted net income (loss) and non-GAAP adjusted earnings (loss) per share.
SEC original ↗Werner Enterprises Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
We continue to prioritize business reinvestment in safe and modern equipment, including trucks and trailers, as well as in technology, our terminal network and our talent.
SEC original ↗Werner Enterprises Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Risks & headwinds
In October 2025, we entered into an agreement for $18.0 million to settle a class action lawsuit with respect to claims brought by a group of plaintiffs alleging unpaid wages, unauthorized deductions, and other items.
SEC original ↗Werner Enterprises Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
We also incurred legal fees of $3.4 million related to this litigation during third quarter 2025, which is recorded in other operating expenses.
SEC original ↗Werner Enterprises Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
(2) Prior to second quarter 2025, we accrued pre-tax insurance and claims expense for interest related to a previously disclosed excess adverse jury verdict rendered on May 17, 2018 in a lawsuit arising from a December 2014 accident.
SEC original ↗Werner Enterprises Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
(3) In October 2025, we reached an agreement with the plaintiffs in the consolidated class action lawsuits entitled Abarca et al.
SEC original ↗Werner Enterprises Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
We also incurred legal fees of $3.4 million related to this litigation during third quarter 2025, which is recorded in other operating expenses in our Income Statement.
SEC original ↗Werner Enterprises Inc. — Earnings release (8-K exhibit)EX-99Oct 30, 2025
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
32 documents- Q3 2026
- 8-KWERN
Oct 27, 2026
- 8-KWERN
Oct 19, 2026
- 8-KWERN
Oct 8, 2026
- 8-KWERN
Oct 6, 2026
- Q2 2026
- 8-KWERN
Aug 24, 2026
- 8-KWERN
Aug 10, 2026
- 10-QWERN
- 8-KWERN
Aug 5, 2026
- 8-KWERN
Jul 28, 2026
- Q1 2026
- 8-KWERN
Jun 10, 2026
- 8-KWERN
May 13, 2026
- 8-KWERN
May 11, 2026
- EX-99WERN
May 11, 2026
- 10-QWERN
- 8-KWERN
Apr 28, 2026
- 8-K/AWERN
Apr 14, 2026
- Q4 2025
- 10-KWERN
Feb 26, 2026
- 8-KWERN
Feb 18, 2026
- 8-KWERN
Feb 5, 2026
- 8-KWERN
Jan 29, 2026
- 8-KWERN
Jan 28, 2026
- Q3 2025
- 10-QWERN
- 8-KWERN
Nov 4, 2025
- 8-KWERN
Oct 30, 2025
- 8-KWERN
Oct 21, 2025
- Q2 2025
- 8-KWERN
Aug 21, 2025
- 10-QWERN
Aug 11, 2025
- 8-KWERN
Aug 11, 2025
- 8-KWERN
Aug 5, 2025
- 8-KWERN
Jul 29, 2025
- Q1 2025
- 8-KWERN
Jun 27, 2025
- 8-KWERN
May 15, 2025
Earnings releases
13 documentsPresentations
0 documentsNo presentations for Werner Enterprises Inc. are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Werner Enterprises Inc. are held in this edition of the library.
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