# Hub Group, Inc.: overview

HUBG · Nasdaq · CIK 940942 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/hubg.md) · [Financials](/companies/hubg/financials.md) · [Filings](/companies/hubg/filings.md) · [Insiders](/companies/hubg/insiders.md)

Latest reported revenue: [$934.5m](/filings/0001193125-25-266623.md) for Q3 FY2025, three months to 2025-09-30, from the 10-Q filed Nov 5, 2025 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001193125-25-266623).

## Last eight quarters

| Line item | Unit | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [985 d](/filings/0000950170-25-026866.md) | [999](/filings/0000950170-25-067857.md) | [986](/filings/0000950170-25-103905.md) | [987](/filings/0001193125-25-266623.md) | [974 d](/filings/0000950170-25-026866.md) | [915](/filings/0000950170-25-067857.md) | [906](/filings/0000950170-25-103905.md) | [934](/filings/0001193125-25-266623.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [3.0% d](/filings/0000950170-25-026866.md) | [3.7%](/filings/0000950170-25-067857.md) | [4.0%](/filings/0000950170-25-103905.md) | [3.3%](/filings/0001193125-25-266623.md) | [3.2% d](/filings/0000950170-25-026866.md) | [4.1%](/filings/0000950170-25-067857.md) | [3.8%](/filings/0000950170-25-103905.md) | [4.2%](/filings/0001193125-25-266623.md) |
| Net margin | % | [2.9% d](/filings/0000950170-25-026866.md) | [2.7%](/filings/0000950170-25-067857.md) | [2.9%](/filings/0000950170-25-103905.md) | [2.4%](/filings/0001193125-25-266623.md) | [2.5% d](/filings/0000950170-25-026866.md) | [2.9%](/filings/0000950170-25-067857.md) | [2.8%](/filings/0000950170-25-103905.md) | [3.1%](/filings/0001193125-25-266623.md) |
| Diluted EPS | $ per share | not reported | [0.44](/filings/0000950170-25-067857.md) | [0.47](/filings/0000950170-25-103905.md) | [0.39](/filings/0001193125-25-266623.md) | not reported | [0.44](/filings/0000950170-25-067857.md) | [0.42](/filings/0000950170-25-103905.md) | [0.47](/filings/0001193125-25-266623.md) |
| Free cash flow | $m | [65.1 d](/filings/0000950170-25-026866.md) | [63.0](/filings/0000950170-25-067857.md) | [56.2 d](/filings/0000950170-25-103905.md) | [31.4 d](/filings/0001193125-25-266623.md) | [(7.0) d](/filings/0000950170-25-026866.md) | [50.8](/filings/0000950170-25-067857.md) | [50.2 d](/filings/0000950170-25-103905.md) | [19.4 d](/filings/0001193125-25-266623.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure; 9-month figure less the 6-month figure.

## Last five fiscal years

| Line item | Unit | FY2020 (2020-12-31) | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [3,496](/filings/0000950170-23-004358.md) | [4,232](/filings/0000950170-24-021432.md) | [5,340](/filings/0000950170-25-026866.md) | [4,203](/filings/0000950170-25-026866.md) | [3,946](/filings/0000950170-25-026866.md) |
| Gross margin | % | [12.2%](/filings/0000950170-23-004358.md) | [14.2%](/filings/0000950170-23-004358.md) | [16.7%](/filings/0000950170-23-004358.md) | not reported | not reported |
| Operating margin | % | [3.0%](/filings/0000950170-23-004358.md) | [5.6%](/filings/0000950170-24-021432.md) | [8.9%](/filings/0000950170-25-026866.md) | [5.1%](/filings/0000950170-25-026866.md) | [3.6%](/filings/0000950170-25-026866.md) |
| Net margin | % | [2.1%](/filings/0000950170-23-004358.md) | [4.1%](/filings/0000950170-24-021432.md) | [6.7%](/filings/0000950170-25-026866.md) | [4.0%](/filings/0000950170-25-026866.md) | [2.6%](/filings/0000950170-25-026866.md) |
| Diluted EPS | $ per share | [2.19](/filings/0000950170-23-004358.md) | [2.53](/filings/0000950170-24-021432.md) | [5.32](/filings/0000950170-25-026866.md) | [2.62](/filings/0000950170-25-026866.md) | [1.70](/filings/0000950170-25-026866.md) |
| Free cash flow | $m | [59.6](/filings/0000950170-23-004358.md) | [120](/filings/0000950170-24-021432.md) | [239](/filings/0000950170-25-026866.md) | [282](/filings/0000950170-25-026866.md) | [144](/filings/0000950170-25-026866.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/hubg/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $418.3m | 9,552,306 |  | Added +312,542 |
| [WELLINGTON MANAGEMENT GROUP LLP](/funds/902219.md) | 2026-06-30 | $326.1m | 7,446,774 |  | Added +491,130 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $180.5m | 4,121,154 |  | Added +34,853 |
| [Capital International Investors](/funds/1562230.md) | 2026-06-30 | $175.3m | 4,004,323 |  | Added +167,206 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $154.6m | 3,530,477 |  | Added +52,934 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $117.4m | 2,680,053 |  | Added +135,519 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $111.1m | 2,536,271 |  | Added +15,538 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $70.7m | 1,614,786 |  | Added +81,925 |
| [VICTORY CAPITAL MANAGEMENT INC](/funds/1040188.md) | 2026-06-30 | $69.9m | 1,595,197 |  | Reduced −626,571 |
| [Broad Bay Capital Management, LP](/funds/1759115.md) | 2026-06-30 | $69.0m | 1,574,804 |  | Unchanged |

## Recent filings

[All 912 filings](/companies/hubg/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-02 | 09:00 ET | [8-K](/filings/0001193125-26-411325.md) | 5.02 Departure or appointment of officers or directors; 5.03 Amendment to articles or bylaws; 5.07 Shareholder vote results; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-411325 |
| 2026-09-17 | 16:35 ET | [8-K](/filings/0001193125-26-394408.md) | 3.01 Delisting notice; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-394408 |
| 2026-09-15 | 06:02 ET | [8-K](/filings/0001193125-26-391228.md) | 1.01 Entry into a material agreement; 2.02 Results of operations; 5.02 Departure or appointment of officers or directors; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-391228 |
| 2026-08-24 | 16:35 ET | [8-K](/filings/0001193125-26-363681.md) | 3.01 Delisting notice; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-363681 |
| 2026-06-26 | 16:30 ET | [8-K/A](/filings/0001193125-26-285570.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001193125-26-285570 |
| 2026-06-02 | 16:55 ET | [8-K](/filings/0001193125-26-253759.md) | 5.02 Departure or appointment of officers or directors; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-253759 |
| 2026-05-21 | 16:38 ET | [8-K](/filings/0001193125-26-234605.md) | 3.01 Delisting notice; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-234605 |
| 2026-05-12 | 07:04 ET | [8-K](/filings/0001193125-26-218141.md) | 4.02 Non-reliance on financial statements | 0001193125-26-218141 |
| 2026-03-24 | 16:17 ET | [8-K](/filings/0001193125-26-121851.md) | 1.01 Entry into a material agreement; 3.01 Delisting notice; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-121851 |
| 2026-02-05 | 16:11 ET | [8-K](/filings/0001193125-26-039396.md) | 2.02 Results of operations; 4.02 Non-reliance on financial statements; 9.01 Financial statements and exhibits | 0001193125-26-039396 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2024](/filings/0000950170-25-026866.md), filed Feb 25, 2025.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 940942
- Tickers: HUBG
- Exchange: Nasdaq
- SIC code: 4731 Arrangement of  Transportation of  Freight & Cargo
- State of incorporation: IL
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 27, 2026, 16:30 ET. No prices; not investment advice.