Werner Enterprises Inc (WERN) Financial Statements
Industry: Trucking (No Local)
In fiscal 2025, Werner Enterprises reported revenue of $2.97B, down 1.8% from $3.03B the year before. Net income was -$14.4M (a -0.5% net margin), or -$0.24 per diluted share. Gross margin was 0.4% and operating margin was 0.4%. Operating activities generated $181.8M of cash, leaving -$68.5M of free cash flow. At fiscal year end, Werner Enterprises held $2.89B in total assets against $1.50B in total liabilities, including $59.9M of cash and equivalents.
Open the full interactive Werner Enterprises financials → Quarterly statements, key ratios, valuation history and price charts.
Werner Enterprises Key Stats
| Share Price | $32.20 |
|---|---|
| Market Cap | $1.94B |
| Revenue YoY Growth | -1.8% |
| 52-Week Range | $22.78 – $47.10 |
| Shares Outstanding | 60.0 million (basic, 2026 Q2) |
Werner Enterprises Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $2.37B | $2.73B | $3.29B | $3.28B | $3.03B | $2.97B |
| Cost of Goods Sold | $2.14B | $2.43B | $2.97B | $3.11B | $2.96B | $2.96B |
| Gross Profit | $227.4M | $309.1M | $323.1M | $176.4M | $66.1M | $11.7M |
| Operating Income | $227.4M | $309.1M | $323.1M | $176.4M | $66.1M | $11.7M |
| Pre-Tax Income | $224.7M | $346.0M | $324.8M | $147.8M | $42.5M | -$20.8M |
| Income Tax | $55.6M | $84.5M | $79.2M | $35.5M | $8.9M | $2.2M |
| Net Income | $169.1M | $259.1M | $241.3M | $112.4M | $34.2M | -$14.4M |
| Diluted EPS | $2.44 | $3.82 | $3.74 | $1.76 | $0.55 | -$0.24 |
Werner Enterprises Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $771.5M | $737.6M | $808.6M | $933.9M |
| Net Income | -$20.6M | -$27.8M | -$4.3M | $6.3M |
| Diluted EPS | -$0.34 | -$0.46 | -$0.07 | $0.11 |
Werner Enterprises Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $29.3M | $54.2M | $107.2M | $61.7M | $40.8M | $59.9M |
| Current Assets | $456.9M | $631.2M | $762.6M | $634.6M | $541.8M | $612.8M |
| Total Assets | $2.16B | $2.60B | $3.10B | $3.16B | $3.05B | $2.89B |
| Current Liabilities | $274.0M | $268.7M | $309.5M | $330.6M | $355.7M | $314.8M |
| Total Long-Term Debt | $200.0M | $427.5M | $693.8M | $648.8M | $650.0M | $752.0M |
| Total Liabilities | $961.6M | $1.24B | $1.61B | $1.59B | $1.56B | $1.50B |
| Shareholders' Equity | $1.20B | $1.33B | $1.44B | $1.53B | $1.46B | $1.36B |
Werner Enterprises Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $445.9M | $332.8M | $448.7M | $474.4M | $329.7M | $181.8M |
| Cash From Investing | -$263.3M | -$397.3M | -$514.3M | -$434.9M | -$241.4M | -$171.6M |
| Cash From Financing | -$186.0M | $89.7M | $118.0M | -$87.1M | -$105.7M | $7.3M |
| Free Cash Flow | $32.8M | -$38.0M | -$58.5M | -$124.4M | -$84.1M | -$68.5M |
Figures from Werner Enterprises' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Werner Enterprises financials page for every line item.
Werner Enterprises Company Profile
| Ticker | WERN |
|---|---|
| Exchange | Nasdaq |
| Industry | Trucking (No Local) |
| Headquarters | Omaha, Nebraska |
| Incorporated in | Nebraska |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000793074 |
Frequently Asked Questions
What was Werner Enterprises' revenue in fiscal 2025?
Werner Enterprises (WERN) reported revenue of $2.97B for fiscal 2025.
What is Werner Enterprises' annual revenue history?
Werner Enterprises' annual revenue by fiscal year: 2020: $2.37B; 2021: $2.73B; 2022: $3.29B; 2023: $3.28B; 2024: $3.03B; 2025: $2.97B.
What was Werner Enterprises' net income in fiscal 2025?
Werner Enterprises reported net income of -$14.4M for fiscal 2025.
What was Werner Enterprises' earnings per share (EPS) in fiscal 2025?
Werner Enterprises' diluted EPS was -$0.24 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Werner Enterprises generate in fiscal 2025?
Werner Enterprises generated -$68.5M of free cash flow in fiscal 2025.
What was Werner Enterprises' revenue last quarter?
In its most recent reported quarter (2026 Q2), Werner Enterprises reported revenue of $933.9M.
How much debt does Werner Enterprises have?
Werner Enterprises reported $752.0M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Werner Enterprises are outstanding?
Werner Enterprises reported a weighted average of 60.0 million basic shares outstanding in 2026 Q2.
What is Werner Enterprises' market cap?
Based on its latest closing price, Werner Enterprises (WERN) has a market capitalization of about $1.94B.
When does Werner Enterprises' fiscal year end?
Werner Enterprises' fiscal year end, as registered with the SEC, is December 31.
Where is Werner Enterprises headquartered?
Werner Enterprises lists its business address in Omaha, Nebraska in its SEC filings.