HUNT J B TRANSPORT SERVICES INC Earnings Summary — Q1 2026

• Revenue returned to growth at 4.63% YoY, reaching $3.06 billion as the freight market begins to stabilize.
• Net income surged 20.23% compared to Q1 2025, supported by disciplined cost management and higher asset utilization.
• Operating income rose to $207 million, signaling an exit from the prior year's multi-quarter earnings contraction.
• Shares outstanding decreased by over 5% YoY, contributing to a significant boost in EPS performance relative to net income.
• Cost of revenue remained relatively flat QoQ despite the revenue expansion, reflecting improved operational efficiency.
• The Intermodal and J.B. Hunt 360 digital platform continue to be the primary drivers of long-term value creation.

Management is focusing on productivity and cost control to navigate the tail end of the freight recession while scaling the 'J.B. Hunt 360' digital platform to drive brokerage and intermodal efficiency.

Improving

After several quarters of YoY earnings declines in 2024 and early 2025, the company has successfully pivoted to positive YoY growth in both revenue and profit.

The company indicates a transition toward a high-value logistics model with a higher baseline of operational efficiency compared to the 2018-2020 period, despite cyclical normalization.