J.B. Hunt Transport Services (JBHT) investor relations material

Executive summary

• Delivered strong quarterly results with 19% revenue growth, 32% operating income growth, and 45% EPS growth year-over-year, driven by disciplined execution, operational excellence, and cost control.

• Second quarter 2026 revenue reached $3.50 billion, net earnings were $181.0 million, and diluted EPS was $1.91.

• Gained market share across all major business units, with double-digit volume growth in Intermodal (JBI), Truckload (JBT), and Integrated Capacity Solutions (ICS), while Final Mile Services saw a decline.

• Maintained focus on cost control, removing over $135 million in structural costs over the past year, leveraging technology and process improvements.

• Tightening truckload capacity and regulatory enforcement are reshaping the freight market, creating opportunities for growth and pricing improvement.

Financial highlights

• Total revenue increased 19% year-over-year to $3.50 billion.

• Operating income improved 32% year-over-year to $259.5 million.

• Diluted EPS rose 45% to $1.91 compared to the prior year period.

• Operating revenue excluding fuel surcharge increased 11% year-over-year.

• Net interest expense decreased 21% due to lower average debt.

Outlook and guidance

• Expect demand for services to remain strong in the second half of the year, with continued alignment to customer capacity needs.

• Anticipate further pricing opportunities, especially in Intermodal, as contract rates catch up to market conditions.

• Dedicated fleet growth expected to continue, with a robust sales pipeline and disciplined margin focus.

• Ongoing investments in people, technology, and capacity to support sustainable growth.

• Annual tax rate expected between 24.0% and 24.5%.