Hub Group, Inc. (HUBG) SEC Filings & Earnings Calls
EquiReason read 14 Hub Group, Inc. SEC filings in the last 12 months. Latest: 8-K on 2026-10-02 — Controlling shareholders removed three directors and appointed four new directors via written consent; board now 7 members. No change to management team or strategy. Delisting appe.
Source: SEC EDGAR filings · figures as of 2025-09-30 · read by EquiReason
- Market cap
- 1.6B
- P/E TTM
- 14.9
- Dividend yield
- 1.9%
- 52-week
- —
- Next earnings
- 28 Oct, in 4 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
2 Oct 20268-K · 5.02, 5.03, 5.07, 7.01Controlling shareholders removed three directors and appointed four new directors via written consent; board now 7 members. No change to management team or strategy. Delisting appeal ongoing.open
Risks flagged
Delisting risk due to non-compliance with Nasdaq listing rule 5250(c)(1) for delayed periodic reports.
“Company received Staff Delisting Determination from Nasdaq; hearing scheduled for Oct 27, 2026.”
Board instability from controlling shareholder action and director resignations.
“Three directors removed, four appointed, three resigned. Board now 7 members.”
17 Sep 20268-K · 3.01, 7.01Hub Group received Nasdaq Staff Delisting Determination for failure to file periodic reports (10-K, 10-Qs). Company intends to appeal. High risk of delisting.open
Risks flagged
Potential delisting and trading suspension; significant negative impact on stock liquidity and investor confidence.
“Nasdaq has initiated a process to delist the Company's Class A common stock” · word for word
15 Sep 20268-K · 1.01, 2.02, 5.02, 7.01Hub Group announces preliminary Q1/Q2 2026 results with operating loss, cost pressures in fuel/rail/drayage, excess capacity in Consolidation & Fulfillment, and a new efficiency program. Also extends credit agreement deadlines due to restatopen
Figures in the filing · each found in the filing text
| Cash and cash equivalents · consolidated · 2026-06-30 | $132M | |
| Restricted cash · consolidated · 2026-06-30 | $28M | |
| Debt · consolidated · 2026-06-30 | $198M | |
| Net debt · consolidated · 2026-06-30 | $66M | |
| Capital expenditures · consolidated · H1-2026 | $12M |
Risks flagged
Restatement of financials for 2024 and 2023 creates uncertainty and potential for further adjustments.
“Restatement of previously issued financial statements for years ended December 31, 2024 and 2023.”
Cost pressures from fuel, rail, and drayage are negatively impacting ITS segment margins.
“Higher fuel, rail and drayage costs incurred prior to rate increases.” · word for word
Excess capacity in Consolidation and Fulfillment is pressuring Logistics segment results.
“Excess capacity in Consolidation and Fulfillment negatively impacted Logistics segment results.” · word for word
Company drew $75M on revolver in August 2026, indicating potential liquidity needs.
“In August 2026, the Company borrowed $75 million under its $450 million revolving credit facility.” · word for word
24 Aug 20268-K · 3.01, 7.01Hub Group received Nasdaq deficiency notice for late filing of Q2 2026 Form 10-Q; company has until Aug 27 to submit compliance plan; no immediate impact on listing.open
Risks flagged
Risk of delisting if compliance not regained by Sept 14, 2026; ongoing restatement and delayed filings suggest material weaknesses.
“Nasdaq notice for late Q2 2026 10-Q; company previously unable to file Q1 2026 10-Q and 2025 10-K.”
2 Jun 20268-K · 5.02, 7.01Reported the departure of a director or principal officer (CEO/CFO change); issued a Regulation FD disclosure (forward guidance or material update)open
Risks flagged
Key executive departures (CFO and COO) could disrupt operations and financial management.
“Kevin Beth, who departed the Company on May 27, 2026 ... Brian Meents, Executive Vice President and Chief Operating Officer, departed the Company.”
21 May 20268-K · 3.01, 7.01Received a delisting notice or transferred listing to another exchange; issued a Regulation FD disclosure (forward guidance or material update)open
Risks flagged
Delisting risk due to failure to timely file periodic reports, indicating potential internal control or financial reporting issues.
“Nasdaq notifying the Company that ... it is not in compliance with Nasdaq Listing Rule 5250(c)(1) ... the Company has until June 3, 2026 to submit an updated plan to regain compliance”
12 May 20268-K · 4.02Concluded that previously issued financial statements should no longer be relied upon (restatement)open
Risks flagged
Restatement risk; potential additional accounting issues; ineffective internal controls; investor confidence loss.
“Company continuing to review additional accounting issues; expects to conclude ineffective ICFR for 2024 and 2023.”
24 Mar 20268-K · 1.01, 3.01, 7.01Hub Group received Nasdaq delisting notice due to delayed 10-K filing; entered into credit agreement amendment/waiver; issued press release.open
Risks flagged
Delisting risk: Nasdaq notice for late 10-K filing; if compliance not regained, stock could be delisted, severely impacting liquidity and investor confidence.
“Received notice from Nasdaq for non-compliance with Listing Rule 5250(c)(1) due to late filing of 2025 Form 10-K.”
Financial restatement risk: Company is restating prior financial statements, indicating potential material misstatements or control weaknesses.
“Company's ability to complete the previously-announced restatement of its financial statements; further delay in the financial close process.” · word for word
Credit agreement default risk: Late filing triggered potential defaults; waiver obtained but indicates financial reporting issues.
“Lenders agreed to waive any Default or Events of Default directly resulting from matters disclosed in the Company's Current Report on Form 8-K filed on February 5, 2026.”
5 Feb 20268-K · 2.02, 4.02Released earnings results and quarterly financials; concluded that previously issued financial statements should no longer be relied upon (restatement)earningsopen
Risks flagged
Restatement and expected material weakness in internal controls over financial reporting.
“Non-reliance on Q1-Q3 2025 financials; company expects to conclude ineffective disclosure controls and internal control over financial reporting.”
5 Nov 202510-QHub Group reported Q3 2025 revenue of $934M (-5% YoY) and net income of $28.9M (+23% YoY), with operating margin expanding 90bps to 4.2%.earningsopen
Figures in the filing · each found in the filing text
| Revenue · Q3-2025 | $934M | -5% y/y |
| Net Income · Q3-2025 | $29M | +23% y/y |
| Operating Cash Flow · 9M-2025 | $160M | -18% y/y |
Risks flagged
Logistics revenue decline due to soft demand
“Logistics revenue decreased 13% to $402 million from $461 million in prior year primarily due to lower volume and revenue per load in our brokerage business, softened demand in final mile and managed transportation businesses” · word for word
Customer concentration
“Hub’s top 50 customers represent approximately 68% of revenue for the nine months ended September 30, 2025, while one customer accounted for more than 10% of our revenue in both segments” · word for word
30 Oct 20258-K · 2.02Revenue $934M (-5% y/y); Adjusted EPS $0.49 (-6% y/y); Net income $29M; Guidance: FY2025 EPS $1.80-$1.90, revenue $3.6-$3.7Bearningsopen
Figures in the filing · each found in the filing text
| Revenue · Q3-2025 | $934M | -5% y/y |
| Adjusted EPS · Q3-2025 | $0.49 | -6% y/y |
| Net income · Q3-2025 | $29M | |
| Operating income · Q3-2025 | $39M | |
| Adjusted EBITDA · Q3-2025 | $88M | |
| Intermodal and Transportation Solutions Segment Revenue · Intermodal and Transportation Solutions · Q3-2025 | $561M | +0% y/y |
| Logistics Segment Revenue · Logistics · Q3-2025 | $402M | -13% y/y |
| Cash and restricted cash · Q3-2025 | $147M |
Guidance
FY2025 EPS $1.80-$1.90, revenue $3.6-$3.7B
Guidance implies continued soft demand; capex reduced; margin stable but absolute income down.
Risks flagged
Freight demand softness across all segments
“softer demand across freight markets; sub-seasonal demand; lower volume and revenue per load in brokerage”
Hub Group, Inc. — questions
- What did Hub Group, Inc. file recently?
- 14 SEC filings in the last 12 months. Latest: 8-K on 2026-10-02 — Controlling shareholders removed three directors and appointed four new directors via written consent; board now 7 members. No change to management team or strategy. Delisting appeal ongoing.
Every figure on this page comes from Hub Group, Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.