Hub Group, Inc.
Cash Flow Statement
| Line Item | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $28.6M | $25.2M | $26.8M | $24.3M | $23.6M | $29.0M | $27.1M | $28.8M |
| Depreciation & Amortization | $31.4M | $32.4M | $47.0M | $72.8M | $32.4M | $37.8M | $49.6M | $67.2M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $5.0M | $4.7M | $4.7M | $4.5M | $5.3M | $5.4M | $4.0M | $5.3M |
| Net Cash from Operating Activities | $28.1M | $61.5M | $70.0M | $604.0K | $43.4M | $69.9M | $80.5M | $99.5M |
| Investing Activities | ||||||||
| Capital Expenditures | $8.7M | $11.3M | $19.2M | $7.6M | $12.0M | $13.7M | $17.5M | $34.4M |
| Business Acquisitions | — | — | — | $18.3M | $0 | $-3.7M | $0 | $260.9M |
| Net Cash from Investing Activities | $-60.6M | $-10.9M | $-15.6M | $-23.6M | $-7.9M | $-7.7M | $-14.1M | $-287.8M |
| Financing Activities | ||||||||
| Dividends Paid | $7.5M | $7.5M | $7.5M | $7.5M | $7.5M | $7.6M | $7.6M | $0 |
| Stock Repurchases | $0 | $0 | $13.8M | $0 | $35.3M | $7.2M | $25.8M | $26.4M |
| Net Cash from Financing Activities | $15.3M | $-28.1M | $-40.3M | $-36.1M | $-69.5M | $-37.3M | $-58.3M | $-25.1M |
| Net Change in Cash | $-17.1M | $22.5M | $14.2M | $-59.2M | $-34.1M | $24.9M | $8.1M | $-213.4M |
| Free Cash Flow | $19.4M | $50.2M | $50.8M | $-7.0M | $31.4M | $56.2M | $63.0M | $65.1M |