J.B. Hunt Transport Services Q2 2026 Results
J.B. Hunt Transport Services (NASDAQ:JBHT) posted second‑quarter 2026 adjusted earnings per share of $1.91, exceeding the analyst consensus of $1.73 by $0.18. Revenue for the quarter reached $3.50 billion, surpassing the $3.23 billion estimate and representing a 19% increase year‑over‑year from $2.93 billion in Q2 2025. Operating income climbed 32% to $259.5 million, up from $197.3 million in the comparable prior‑year period.
President and CEO Shelley Simpson said the results reflect “operational excellence around service, safety and cost discipline” and highlighted the company’s investments in people, technology, and capacity. The revenue uplift was primarily driven by higher load volumes in the Intermodal, Integrated Capacity Solutions and Truckload segments, as well as higher revenue per load across multiple business units and improved productivity in Dedicated Contract Services.
The Intermodal segment generated $1.75 billion in revenue, up 22% YoY, with operating income surging 58% to $150.9 million. Volume in this segment increased 10% as customers faced higher fuel prices and constrained capacity in other transportation modes. Dedicated Contract Services reported revenue of $921 million, a 9% increase, and operating income of $102.5 million, also up 9%; truck count remained roughly flat year‑over‑year while productivity per truck rose 9%.
Net capital expenditures for the first six months of 2026 totaled $144.9 million, down sharply from $399.1 million in the same period last year. The company repurchased approximately 392,000 shares for $98 million during the quarter, and the stock rose about 4% in after‑hours trading following the earnings release.