Jun 2026 (Q2 FY26) — Jul 28, 2026
Werner Enterprises Q2 FY26 — Strong Performance Driven by Capacity Tightness and Strategic Initiatives
Read the full callWerner Enterprises earnings: last reported Tue, 28 Jul 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 934 | +24.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 1.8 | −7.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 6.4 | −85.6% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
1Y: $27.84 on 17 Oct 2025 → $30.22. High $47.29 (21 Jul 2026), low $23.15 (20 Nov 2025).
Overview
Call summaries
Werner Enterprises Q2 FY26 — Strong Performance Driven by Capacity Tightness and Strategic Initiatives
Read the full callEvery analysed call
Financials
Net profit, year on year: −86% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 746 | 755 | 712 | 753 | 771 | 738 | 809 | 934 |
| Expenses | 728 | 741 | 718 | 687 | 785 | 773 | 805 | 917 |
| Operating profit | 18 | 13 | -6 | 66 | -13 | -36 | 4 | 17 |
| Operating margin | 2.4% | 1.8% | −0.8% | 8.8% | −1.7% | −4.8% | 0.5% | 1.8% |
| Other income | -9 | -1 | -8 | -7 | -9 | -9 | -10 | -10 |
| Interest | 11 | 11 | 10 | 9 | 10 | 10 | 12 | 12 |
| Profit before tax | 9 | 12 | -13 | 59 | -22 | -45 | -6 | 7 |
| Tax rate | 23.5% | 7.3% | 23.7% | 26.2% | 3.8% | 20.8% | 24.9% | 27.3% |
| Net profit | 7 | 12 | -10 | 44 | -21 | -28 | -4 | 6 |
| EPS ($ per share) | 0.11 | — | -0.16 | 0.72 | -0.34 | — | -0.07 | 0.11 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Reserves | 1,414 | 1,295 | 1,439 | 1,667 | 1,876 | 1,953 | 1,953 | 1,905 |
| Total liabilities | 819 | 1,033 | 962 | 1,240 | 1,615 | 1,591 | 1,558 | 1,498 |
| Fixed assets | 1,488 | 1,526 | 1,543 | 1,613 | 1,825 | 1,973 | 1,934 | 1,791 |
| Total assets | 2,084 | 2,144 | 2,157 | 2,604 | 3,097 | 3,158 | 3,052 | 2,889 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 418 | 427 | 446 | 333 | 449 | 474 | 330 | 182 |
| Cash from investing | -331 | -272 | -263 | -397 | -514 | -435 | -241 | -172 |
| Cash from financing | -68 | -155 | -186 | 90 | 118 | -87 | -106 | 7 |
| Net cash flow | 19 | -0 | -4 | 25 | 53 | -46 | -21 | 19 |
| Capital expenditure | -520 | -421 | -413 | -371 | -507 | -599 | -414 | -250 |
| Free cash flow | -102 | 6 | 33 | -38 | -59 | -124 | -84 | -69 |
52 filings between Oct 23, 2025 and Aug 7, 2026.
Purchases
$8.0K
7 purchases by 7 insiders
Sales
$140.3K
3 sales by 2 insiders
Also filed: 5 other filings.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| DOWNING ERIC J | $923 | $99.3K | Feb 20, 2026 |
| SCHELBLE JIM S | $1.9K | $41.0K | Jun 12, 2026 |
| LEATHERS DEREK J | $2.5K | — | Oct 23, 2025 |
| MEISGEIER NATHAN J | $1.5K | — | Oct 23, 2025 |
| CALLAHAN CRAIG T | $750 | — | Oct 23, 2025 |
| Mahon Daragh P | $398 | — | Oct 23, 2025 |
| JOHNSON JAMES LYNN | $85 | — | Oct 23, 2025 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Aug 7, 2026 | Hoelting Paul A Director | Award | 2,058 | $0 |
| Jul 27, 2026 | HOLMES JACK A Director | Other | 2,696 | $0 |
| Jul 13, 2026 | LEATHERS DEREK J CEO & Chairman | Other | 27,600 | $0 |
| Jul 13, 2026 | LEATHERS DEREK J CEO & Chairman | Other | 26,250 | $0 |
| Jul 13, 2026 | LEATHERS DEREK J CEO & Chairman | Other | 59,869 | $0 |
| Jul 13, 2026 | LEATHERS DEREK J CEO & Chairman | Other | 6,019 | $0 |
| Jun 12, 2026 | SCHELBLE JIM S Exec VP & Chief Admin Officer | Sale | 933 | $41.0K |
| May 12, 2026 | WELLMAN ALEXI Director | Award | 3,025 | $0 |
| May 12, 2026 | Arves Scott C Director | Award | 3,025 | $0 |
| May 12, 2026 | LIVINGSTONE MICHELLE DYE Director | Award | 3,025 | $0 |
| May 12, 2026 | Packer Martha Gayle Director | Award | 3,025 | $0 |
| May 12, 2026 | DUREN DIANE K Director | Award | 3,025 | $0 |
| May 12, 2026 | HOLMES JACK A Director | Award | 3,025 | $0 |
| May 12, 2026 | Greene Michelle D. Director | Award | 3,025 | $0 |
| May 9, 2026 | WIKOFF CHRISTOPHER D Exec VP - Treasurer & CFO | Tax withheld | 1,948 | $70.9K |
| Feb 23, 2026 | CALLAHAN CRAIG T Exec VP-Chief Commercial Offcr | Tax withheld | 581 | $19.1K |
| Feb 23, 2026 | MEISGEIER NATHAN J President and CLO | Tax withheld | 664 | $21.8K |
| Feb 23, 2026 | JOHNSON JAMES LYNN Exec VP - Chief Acctg Officer | Tax withheld | 664 | $21.8K |
| Feb 23, 2026 | LEATHERS DEREK J CEO & Chairman | Tax withheld | 5,980 | $196.1K |
| Feb 23, 2026 | SCHELBLE JIM S Exec VP & Chief Admin Officer | Tax withheld | 581 | $19.1K |
| Feb 23, 2026 | Mahon Daragh P Executive Vice President & CIO | Tax withheld | 581 | $19.1K |
| Feb 23, 2026 | DOWNING ERIC J Exec VP and COO | Tax withheld | 581 | $19.1K |
| Feb 20, 2026 | DOWNING ERIC J Exec VP and COO | Sale | 1,418 | $49.3K |
| Feb 19, 2026 | DOWNING ERIC J Exec VP and COO | Sale | 1,428 | $50.0K |
| Feb 13, 2026 | JOHNSON JAMES LYNN Exec VP - Chief Acctg Officer | Tax withheld | 943 | $31.3K |
| Feb 13, 2026 | MEISGEIER NATHAN J President and CLO | Tax withheld | 1,415 | $47.0K |
| Feb 13, 2026 | LEATHERS DEREK J CEO & Chairman | Tax withheld | 9,911 | $329.1K |
| Feb 13, 2026 | CALLAHAN CRAIG T Exec VP-Chief Commercial Offcr | Tax withheld | 943 | $31.3K |
| Feb 13, 2026 | DOWNING ERIC J Exec VP and COO | Tax withheld | 1,179 | $39.2K |
| Feb 13, 2026 | WIKOFF CHRISTOPHER D Exec VP - Treasurer & CFO | Tax withheld | 1,179 | $39.2K |
| Feb 13, 2026 | Mahon Daragh P Executive Vice President & CIO | Tax withheld | 1,061 | $35.2K |
| Feb 12, 2026 | Mahon Daragh P Executive Vice President & CIO | Award | 7,133 | $0 |
| Feb 12, 2026 | LEATHERS DEREK J CEO & Chairman | Award | 66,572 | $0 |
| Feb 12, 2026 | CALLAHAN CRAIG T Exec VP-Chief Commercial Offcr | Award | 6,340 | $0 |
| Feb 12, 2026 | MEISGEIER NATHAN J President and CLO | Award | 9,510 | $0 |
| Feb 12, 2026 | DOWNING ERIC J Exec VP and COO | Award | 7,925 | $0 |
| Feb 12, 2026 | WIKOFF CHRISTOPHER D Exec VP - Treasurer & CFO | Award | 7,925 | $0 |
| Feb 9, 2026 | CALLAHAN CRAIG T Exec VP-Chief Commercial Offcr | Tax withheld | 696 | $24.8K |
| Feb 9, 2026 | DOWNING ERIC J Exec VP and COO | Tax withheld | 941 | $33.5K |
| Feb 9, 2026 | SCHELBLE JIM S Exec VP & Chief Admin Officer | Tax withheld | 657 | $23.4K |
| Feb 9, 2026 | JOHNSON JAMES LYNN Exec VP - Chief Acctg Officer | Tax withheld | 809 | $28.8K |
| Feb 9, 2026 | WIKOFF CHRISTOPHER D Exec VP - Treasurer & CFO | Tax withheld | 809 | $28.8K |
| Feb 9, 2026 | Mahon Daragh P Executive Vice President & CIO | Tax withheld | 753 | $26.8K |
| Feb 9, 2026 | MEISGEIER NATHAN J President and CLO | Tax withheld | 941 | $33.5K |
| Feb 9, 2026 | LEATHERS DEREK J CEO & Chairman | Tax withheld | 7,345 | $261.3K |
| Oct 23, 2025 | SCHELBLE JIM S Exec VP & Chief Admin Officer | Purchase | 67 | $1.9K |
| Oct 23, 2025 | Mahon Daragh P Executive Vice President & CIO | Purchase | 14 | $398 |
| Oct 23, 2025 | DOWNING ERIC J Exec VP and COO | Purchase | 32 | $923 |
| Oct 23, 2025 | MEISGEIER NATHAN J President and CLO | Purchase | 50 | $1.5K |
| Oct 23, 2025 | LEATHERS DEREK J CEO & Chairman | Purchase | 87 | $2.5K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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