J.B. Hunt Transport Services, Inc. (JBHT) Income Statement
JBHT 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsJBHT revenue and net income
Where JBHT's revenue goes
2025Each bar shows an amount and its share of revenue. JBHT kept 5.0% of revenue as net income.
JBHT profit margins
JBHT growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −0.7% | −6.8% | +4.5% | +6.8% |
| Gross profit | −22.6% | −13.6% | +1.9% | +3.4% |
| Operating income | +4.1% | −13.4% | +3.9% | +1.9% |
| Net income | +4.8% | −14.9% | +3.4% | +3.4% |
| EPS (diluted) | +10.4% | −12.6% | +5.3% | +5.3% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
JBHT quarterly EPS vs estimates
J.B. Hunt beat the analyst EPS estimate in 7 of the last 8 quarters.
JBHT income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.00B | $12.09B | $12.83B | $14.81B | $12.17B | $9.64B | $9.17B | $8.61B | $7.19B | $6.56B |
| Cost of revenue | $10.40B | $10.02B | $10.62B | $12.34B | $10.30B | $8.19B | $7.66B | $7.26B | $5.99B | $5.37B |
| Gross profit | $1.60B | $2.06B | $2.21B | $2.47B | $1.87B | $1.45B | $1.51B | $1.36B | $1.20B | $1.19B |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $660.0M | $664.0M | $1.06B | $570.2M | $395.5M | $348.1M | $384.0M | $323.6M | $273.4M | $185.4M |
| Total operating expenses | $731.6M | $1.23B | $1.22B | $1.14B | $824.3M | $736.8M | $772.4M | $678.2M | $575.5M | $464.6M |
| Operating income | $865.1M | $831.2M | $993.2M | $1.33B | $1.05B | $713.1M | $733.8M | $681.0M | $623.8M | $721.0M |
| Interest income | $4.2M | $7.3M | $7.6M | $1.1M | $493,000 | $486,000 | $1.8M | $224,000 | $235,000 | $71,000 |
| Interest expense | $71.0M | $79.0M | $65.9M | $51.2M | $46.3M | $47.6M | $54.7M | $40.4M | $28.6M | $25.2M |
| Income before taxes | $794.1M | $759.5M | $934.9M | $1.28B | $999.8M | $666.0M | $680.9M | $640.8M | $595.2M | $695.8M |
| Income taxes | $195.8M | $188.6M | $206.6M | $312.0M | $239.0M | $160.0M | $164.6M | $151.2M | −$91.0M | $263.7M |
| Net income | $598.3M | $570.9M | $728.3M | $969.4M | $760.8M | $506.0M | $516.3M | $489.6M | $686.3M | $432.1M |
| EBITDA | $1.58B | $1.60B | $1.74B | $1.98B | $1.60B | $1.24B | $1.23B | $1.12B | $1.01B | $1.08B |
| EPS (diluted) | $6.14 | $5.56 | $6.97 | $9.20 | $7.14 | $4.74 | $5.21 | $5.69 | $3.47 | $3.74 |
| Gross margin | 13.3% | 17.1% | 17.2% | 16.7% | 15.4% | 15.0% | 16.4% | 15.8% | 16.7% | 18.1% |
| Operating margin | 7.2% | 6.9% | 7.7% | 9.0% | 8.6% | 7.4% | 8.0% | 7.9% | 8.7% | 11.0% |
| Net margin | 5.0% | 4.7% | 5.7% | 6.5% | 6.3% | 5.3% | 5.6% | 5.7% | 9.5% | 6.6% |
| Sep '26 | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.68B | $3.50B | $3.06B | $3.10B | $3.05B | $2.93B | $2.92B | $3.15B | $3.07B | $2.93B | $2.94B | $3.30B |
| Cost of revenue | $3.33B | $3.14B | $2.19B | $2.67B | $2.63B | $2.54B | $2.56B | $2.62B | $2.54B | $2.43B | $2.45B | $2.75B |
| Gross profit | $349.6M | $354.2M | $866.0M | $423.2M | $422.5M | $385.4M | $365.6M | $530.4M | $531.5M | $502.7M | $498.6M | $557.0M |
| Sales, general & admin | $72.3M | $75.8M | $61.9M | $158.4M | $161.8M | $170.4M | $169.4M | $179.5M | $172.8M | $232.2M | $175.0M | $332.1M |
| Total operating expenses | $102.5M | $94.7M | $658.9M | $176.7M | $179.8M | $188.1M | $186.9M | $323.3M | $307.4M | $297.0M | $304.2M | $353.7M |
| Operating income | $247.1M | $259.5M | $207.0M | $246.5M | $242.7M | $197.3M | $178.7M | $207.0M | $224.1M | $205.7M | $194.4M | $203.3M |
| Interest expense | $15.7M | $16.8M | $17.9M | $13.2M | $17.9M | $21.3M | $18.6M | $15.1M | $20.8M | $20.2M | $15.6M | $16.3M |
| Income before taxes | $231.4M | $242.7M | $189.1M | $233.3M | $224.8M | $176.0M | $160.1M | $191.9M | $203.4M | $185.5M | $178.7M | $186.9M |
| Income taxes | $59.0M | $61.6M | $47.6M | $52.2M | $53.9M | $47.4M | $42.3M | $36.5M | $51.3M | $49.6M | $51.2M | $33.4M |
| Net income | $172.4M | $181.0M | $141.6M | $181.1M | $170.8M | $128.6M | $117.7M | $155.5M | $152.1M | $135.9M | $127.5M | $153.5M |
| EBITDA | $430.6M | $440.1M | $350.7M | $425.7M | $421.8M | $374.3M | $358.2M | $419.9M | $412.1M | $390.4M | $377.4M | $405.4M |
| EPS (diluted) | $1.82 | $1.91 | $1.49 | $1.90 | $1.76 | $1.31 | $1.17 | $1.53 | $1.49 | $1.32 | $1.22 | $1.47 |
| Gross margin | 9.5% | 10.1% | 28.3% | 13.7% | 13.8% | 13.2% | 12.5% | 16.9% | 17.3% | 17.2% | 16.9% | 16.9% |
| Operating margin | 6.7% | 7.4% | 6.8% | 8.0% | 7.9% | 6.7% | 6.1% | 6.6% | 7.3% | 7.0% | 6.6% | 6.2% |
| Net margin | 4.7% | 5.2% | 4.6% | 5.8% | 5.6% | 4.4% | 4.0% | 4.9% | 5.0% | 4.6% | 4.3% | 4.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in JBHT's financial statements (latest annual report filed February 24, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
JBHT financial results
In fiscal year 2025 (ended December 31, 2025), J.B. Hunt reported revenue of $12.0 billion, down 0.7% from the year before. It had net income of $598.3 million (up 4.8%), a net profit margin of 5.0%. Diluted earnings per share came to $6.14. Over five years revenue grew at an average rate of 4.5% a year.
See the JBHT stock overview for the latest quote and news, or the JBHT chart for price history and technical indicators.
JBHT income statement FAQ
What is J.B. Hunt's annual revenue?
J.B. Hunt reported total revenue of $12.0 billion for fiscal year 2025, which ended on December 31, 2025. That was down 0.7% from $12.1 billion the previous year.
Is J.B. Hunt profitable?
Yes. J.B. Hunt reported net income of $598.3 million in fiscal 2025, a net profit margin of 5.0%; its operating margin was 7.2%.
What is J.B. Hunt's gross margin?
J.B. Hunt's gross margin was 13.3% in fiscal 2025: for every $100 of revenue, J.B. Hunt kept $13 after the direct cost of its products and services.
How fast is J.B. Hunt growing?
Revenue grew 4.5% a year on average over the last five fiscal years, from $9.6 billion to $12.0 billion.
What are J.B. Hunt's earnings per share?
J.B. Hunt earned $6.14 per diluted share in fiscal 2025, compared with $5.56 a year earlier.
When does J.B. Hunt's fiscal year end?
J.B. Hunt's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 24, 2026.