Heartland Express (HTLD) Operating Expenses (2009 - 2026)

Heartland Express has disclosed Operating Expenses across 18 years of filings, most recently posting $179.6 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 939.13% year-over-year to $179.6 million; the TTM figure through Mar 2026 stood at $1.2 billion (up 51.67% YoY), while the FY2025 annual figure was $863.1 million, down 19.16% from the prior year.
• Operating Expenses eased to $179.6 million in Q1 2026, from $813.0 million in the prior quarter.
• Over the last five years, Operating Expenses for HTLD reached as high as $813.0 million in Q4 2025 and fell as low as $5.1 million in Q1 2022.
• The 5-year median for Operating Expenses is $203.8 million (2025), against an average of $220.1 million.
• Annual changes were most pronounced in 2024 — Operating Expenses surged 1794.74% — and 2025, when it sank 93.93%.
• A 5-year view of Operating Expenses shows it stood at $756.2 million in 2022, then plunged by 65.0% to $264.6 million in 2023, then declined by 8.72% to $241.6 million in 2024, then soared by 236.58% to $813.0 million in 2025, then tumbled by 77.92% to $179.6 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $179.6 million, $813.0 million, and $203.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.