Hub Group (HUBG) Company Report

Wolf Popper LLP is investigating potential claims on behalf of purchasers of Hub Group, Inc. common stock.
Hub Group disclosed it is restating its financial statements for the first three quarters of 2025 due to an error that resulted in the understatement of purchased transportation costs and accounts payable.
The total amount of the reduction to accounts payable and purchased transportation costs related to this issue recorded during these periods is $77 million.
Following this announcement, Hub Group's stock price fell $9.37 per share to $41.96 on February 6, 2026, marking an 18.3% decline.

2 hours ago

Press Release

Hub Group Announces Accounting Error, Delays Financial Results, and Plans Restatement

HUBG

Financial Restatement

Accounting Changes

Legal Proceedings

Hub Group's shares fell over 20% on February 5, 2026, after the company announced an accounting error.
The error involves a $77 million understatement of purchased transportation costs and accounts payable during the first three quarters of 2025.
The company will delay the release of its Q4 and full-year financial results and plans to restate financial statements for the first three quarters of 2025, while also assessing potential impacts on 2024 and 2023 financial statements.
A law firm, Gibbs Mura, is investigating a potential Securities Class Action Lawsuit against Hub Group.

4 hours ago

Press Release

Hub Group Discloses $77 Million Accounting Error

HUBG

Financial Restatement

Accounting Changes

Legal Proceedings

Faruqi & Faruqi, LLP is investigating potential claims against Hub Group, Inc. (NASDAQ: HUBG).
On February 6, 2026, Hub Group disclosed a $77 million accounting error related to purchased transportation costs and accounts payable, which will lead to a restatement of prior financial results.
The disclosure caused Hub Group shares to fall sharply, by as much as 25% intraday.
The announcement coincided with the release of preliminary fourth-quarter and full-year 2025 results and a delay in filing updated financial statements.

6 hours ago

Press Release

Hub Group Announces Preliminary Q4 and Full Year 2025 Results, Identifies Accounting Error, and Provides 2026 Revenue Guidance

HUBG

Earnings

Financial Restatement

Guidance Update

Hub Group reported preliminary full year 2025 consolidated operating revenue of $3.7 billion, a 7% decrease over the prior year, and preliminary operating cash flow of $194 million.
The company identified a calculation error that resulted in an understatement of $77 million in purchased transportation costs and accounts payable for the first nine months of 2025, and will restate earlier quarters in its 2025 Form 10-K. There is no expected impact on total cash and cash equivalents or operating cash flow for any periods.
For the full year 2026, Hub Group projects revenue to be between $3.65 billion and $3.95 billion.
The company has approximately $142 million remaining under its share repurchase program and returned $44 million to shareholders in 2025 through dividends and stock repurchases.

1 day ago

Transcript

Hub Group Reports Preliminary Q4 and Full Year 2025 Results, Discloses Accounting Error, and Provides 2026 Guidance

HUBG

Earnings

Financial Restatement

Guidance Update

Hub Group announced preliminary Q4 and full year 2025 results, with full year consolidated operating revenue expected at $3.7 billion, marking a 7% decrease over the prior year.
The company disclosed an accounting error that understated purchased transportation costs and accounts payable by $77 million for the first nine months of 2025, necessitating a restatement for earlier quarters, but confirmed no impact on total cash or operating cash flow.
For 2025, preliminary operating cash flow was approximately $194 million, and net debt decreased by $50 million year-over-year to $116 million as of December 31, 2025.
Hub Group issued 2026 revenue guidance of $3.65 billion to $3.95 billion and projected capital expenditures of $35 million to $45 million.
The company returned $44 million to shareholders in 2025 through dividends and stock repurchases, with approximately $142 million remaining under its share repurchase authorization.

1 day ago

Transcript

Hub Group Reports Preliminary Q4 and Full Year 2025 Results, Identifies Accounting Error, and Provides 2026 Guidance

HUBG

Earnings

Financial Restatement

Guidance Update

Hub Group identified a calculation error resulting in an understatement of $77 million in purchased transportation costs and accounts payable for the first nine months of 2025, with no expected impact on cash or operating cash flow, and plans to restatements for earlier quarters.
For the full year 2025, preliminary consolidated operating revenue is expected to be $3.7 billion, a 7% decrease over the prior year, with preliminary operating cash flow of approximately $194 million.
The company provided preliminary 2026 revenue guidance of $3.65 billion to $3.95 billion and anticipates capital expenditures between $35 million and $45 million.
In 2025, Hub Group returned $44 million to shareholders through dividends and stock repurchases, and has approximately $142 million remaining under its share repurchase program.

1 day ago

Transcript

Hub Group Announces Preliminary Q4/FY 2025 Results and Financial Restatement

HUBG

Financial Restatement

Guidance Update

Demand Weakening

Hub Group will restate its financial statements for the first, second, and third quarters of 2025 due to an understatement of purchased transportation costs and accounts payable totaling $77 million for the first nine months of 2025, though there is no expected impact on total cash or operating cash flow.
Preliminary full year 2025 results include consolidated operating revenue of approximately $3.7 billion, operating cash flow of approximately $194 million, and capital expenditures of approximately $45 million.
The company ended 2025 with approximately $140 million in cash and restricted cash and net debt of approximately $116 million, a decrease of approximately $50 million compared to December 31, 2024.
Hub Group introduced a preliminary 2026 outlook, expecting revenue between $3.65 billion and $3.95 billion and capital expenditures between $35 million and $45 million.

1 day ago

8-K

Hub Group Announces Preliminary 2025 Results and Financial Restatement

HUBG

Earnings

Financial Restatement

Guidance Update

Hub Group announced preliminary full year 2025 consolidated operating revenue of approximately $3.7 billion.
The company will restate its financial statements for the first, second, and third quarters of 2025 due to an understatement of purchased transportation costs and accounts payable, with no expected impact on total cash or operating cash flow.
As of December 31, 2025, Hub Group reported a strong balance sheet with cash and restricted cash of approximately $140 million and net debt of approximately $116 million, a decrease of approximately $50 million compared to December 31, 2024.
For 2025, capital expenditures totaled approximately $45 million, and the company returned $44 million to shareholders through dividend payments and stock repurchases.
The preliminary 2026 outlook estimates revenue between $3.65 billion and $3.95 billion and capital expenditures between $35 million and $45 million.

1 day ago

Press Release

Amaroq Announces High-Grade Mineralization and Acquisition Completion for West Greenland Hub

HUBG

New Projects/Investments

M&A

Revenue Acceleration/Inflection

Amaroq's re-assayed bulk samples from the Black Angel mine confirmed high-grade mineralization, averaging 24.6% zinc, 28.1% lead, and 295 g/t silver.
The re-assays also identified commercial levels of strategic critical minerals, including 44 ppm germanium, 21 ppm gallium, and 1,328 ppm cadmium, which add significant value to the project.
All conditions precedent for the acquisition of the Black Angel mine have been fulfilled, with final approval for the Kangerluarsuk licences expected in Q4 2025, establishing the 100% owned West Greenland Hub.
Amaroq plans to conduct geophysical surveys in the 2026 field season to expand the current Mineral Resource of 3.2Mt @ 8.8% Zn and 3.0% Pb Indicated and 0.5Mt @ 4.73% Zn and 2.2% Pb Inferred at Black Angel.

Nov 11, 2025, 7:00 AM

Press Release

Hub Group Announces Q3 2025 Results and Full-Year Guidance

HUBG

Earnings

Guidance Update

M&A

Hub Group reported adjusted diluted earnings per share (EPS) of $0.49 on $934 million in revenue for the third quarter of 2025.
The company's adjusted operating income for Q3 2025 was $41 million, representing 4.4% of revenue.
Hub Group ended the quarter with a Net Debt/Adjusted EBITDA of 0.4x and $147 million in cash.
Year-to-date, $36 million was returned to shareholders through share repurchases and dividends, and the company closed on the acquisitions of Marten Transport Intermodal and SITH, LLC during Q3 2025.
For full-year 2025, Hub Group provided guidance of $3.6 to $3.7 billion in revenue and $1.80 to $1.90 per share in EPS.