Hub Group Operating Expenses Growth & History (HUBG)
Hub Group's operating expenses was $3.81B for fiscal 2024.
View full Hub Group company overviewHub Group annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | $3.81B | −$184.3M | −4.62% |
| 2023 | 2023-12-31 | $3.99B | −$875.4M | −17.99% |
| 2022 | 2022-12-31 | $4.87B | $871.8M | +21.83% |
| 2021 | 2021-12-31 | $3.99B | $3.67B | +1149.62% |
| 2020 | 2020-12-31 | $319.6M | −$49.0M | −13.30% |
| 2019 | 2019-12-31 | $368.6M | $48.0M | +14.96% |
| 2018 | 2018-12-31 | $320.7M | $55.7M | +21.03% |
| 2017 | 2017-12-31 | $265.0M | $30.2M | +12.86% |
| 2016 | 2016-12-31 | $234.8M | −$60.9M | −20.60% |
| 2015 | 2015-12-31 | $295.7M | $9.1M | +3.18% |
| 2014 | 2014-12-31 | $286.6M | $29.3M | +11.38% |
| 2013 | 2013-12-31 | $257.3M | $13.6M | +5.57% |
| 2012 | 2012-12-31 | $243.7M | $25.6M | +11.75% |
| 2011 | 2011-12-31 | $218.1M | $74.5M | +51.92% |
| 2010 | 2010-12-31 | $143.6M | $13.4M | +10.29% |
| 2009 | 2009-12-31 | $130.2M | −$8.7M | −6.26% |
| 2008 | 2008-12-31 | $138.8M | — | — |
Hub Group quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q3 2025 | 2025-09-30 | $895.1M | −$59.7M | −6.26% |
| Q2 2025 | 2025-06-30 | $871.3M | −$75.7M | −7.99% |
| Q1 2025 | 2025-03-31 | $877.9M | −$84.5M | −8.78% |
| Q4 2024 | 2024-12-31 | $942.0M | −$13.6M | −1.43% |
| Q3 2024 | 2024-09-30 | $954.8M | −$27.5M | −2.80% |
| Q2 2024 | 2024-06-30 | $947.0M | −$31.4M | −3.21% |
| Q1 2024 | 2024-03-31 | $962.4M | −$111.7M | −10.40% |
| Q4 2023 | 2023-12-31 | $955.6M | −$225.6M | −19.10% |
| Q3 2023 | 2023-09-30 | $982.3M | −$255.4M | −20.63% |
| Q2 2023 | 2023-06-30 | $978.4M | −$285.4M | −22.58% |
| Q1 2023 | 2023-03-31 | $1.07B | −$109.0M | −9.21% |
| Q4 2022 | 2022-12-31 | $1.18B | −$2.55B | −68.31% |
| Q3 2022 | 2022-09-30 | $1.24B | $1.14B | +1166.46% |
| Q2 2022 | 2022-06-30 | $1.26B | $1.18B | +1411.51% |
| Q1 2022 | 2022-03-31 | $1.18B | $1.10B | +1296.83% |
| Q4 2021 | 2021-12-31 | $3.73B | $3.65B | +4911.48% |
| Q3 2021 | 2021-09-30 | $97.7M | $23.6M | +31.85% |
| Q2 2021 | 2021-06-30 | $83.6M | −$2.7M | −3.08% |
| Q1 2021 | 2021-03-31 | $84.7M | −$139,000 | −0.16% |
| Q4 2020 | 2020-12-31 | $74.4M | −$12.6M | −14.49% |
| Q3 2020 | 2020-09-30 | $74.1M | −$23.9M | −24.35% |
| Q2 2020 | 2020-06-30 | $86.3M | −$5.7M | −6.21% |
| Q1 2020 | 2020-03-31 | $84.8M | −$6.9M | −7.49% |
| Q4 2019 | 2019-12-31 | $87.0M | −$3.3M | −3.70% |
| Q3 2019 | 2019-09-30 | $98.0M | $17.7M | +22.08% |
| Q2 2019 | 2019-06-30 | $92.0M | $16.4M | +21.69% |
| Q1 2019 | 2019-03-31 | $91.7M | $17.2M | +23.08% |
| Q4 2018 | 2018-12-31 | $90.3M | $18.8M | +26.28% |
| Q3 2018 | 2018-09-30 | $80.3M | $9.7M | +13.70% |
| Q2 2018 | 2018-06-30 | $75.6M | −$9.2M | −10.80% |
| Q1 2018 | 2018-03-31 | $74.5M | −$9.9M | −11.73% |
| Q4 2017 | 2017-12-31 | $71.5M | −$18.1M | −20.17% |
| Q3 2017 | 2017-09-30 | $70.6M | −$11.0M | −13.50% |
| Q2 2017 | 2017-06-30 | $84.7M | $4.5M | +5.67% |
| Q1 2017 | 2017-03-31 | $84.4M | $4.9M | +6.11% |
| Q4 2016 | 2016-12-31 | $89.6M | $8.2M | +10.05% |
| Q3 2016 | 2016-09-30 | $81.6M | $10.0M | +13.89% |
| Q2 2016 | 2016-06-30 | $80.2M | $7.9M | +10.99% |
| Q1 2016 | 2016-03-31 | $79.5M | $9.2M | +13.10% |
| Q4 2015 | 2015-12-31 | $81.4M | $16.3M | +25.03% |
| Q3 2015 | 2015-09-30 | $71.6M | −$13.9M | −16.22% |
| Q2 2015 | 2015-06-30 | $72.3M | $4.6M | +6.79% |
| Q1 2015 | 2015-03-31 | $70.3M | $2.1M | +3.06% |
| Q4 2014 | 2014-12-31 | $65.1M | −$2.7M | −3.99% |
| Q3 2014 | 2014-09-30 | $85.5M | $23.7M | +38.32% |
| Q2 2014 | 2014-06-30 | $67.7M | $2.6M | +4.07% |
| Q1 2014 | 2014-03-31 | $68.2M | $5.6M | +9.02% |
| Q4 2013 | 2013-12-31 | $67.8M | $6.1M | +9.89% |
| Q3 2013 | 2013-09-30 | $61.8M | $593,000 | +0.97% |
| Q2 2013 | 2013-06-30 | $65.0M | $5.5M | +9.24% |
| Q1 2013 | 2013-03-31 | $62.6M | $1.4M | +2.24% |
| Q4 2012 | 2012-12-31 | $61.7M | $5.1M | +8.92% |
| Q3 2012 | 2012-09-30 | $61.2M | $1.2M | +1.96% |
| Q2 2012 | 2012-06-30 | $59.5M | −$1.3M | −2.14% |
| Q1 2012 | 2012-03-31 | $61.2M | $20.7M | +51.01% |
| Q4 2011 | 2011-12-31 | $56.7M | $19.2M | +51.43% |
| Q3 2011 | 2011-09-30 | $60.1M | $23.4M | +63.69% |
| Q2 2011 | 2011-06-30 | $60.8M | $25.9M | +74.44% |
| Q1 2011 | 2011-03-31 | $40.5M | $6.0M | +17.27% |
| Q4 2010 | 2010-12-31 | $37.4M | — | — |
| Q3 2010 | 2010-09-30 | $36.7M | $4.4M | +13.56% |
| Q2 2010 | 2010-06-30 | $34.9M | $2.5M | +7.87% |
| Q1 2010 | 2010-03-31 | $34.6M | — | — |
| Q3 2009 | 2009-09-30 | $32.3M | — | — |
| Q2 2009 | 2009-06-30 | $32.3M | — | — |
Hub Group operating expenses trends
Over the last five fiscal years, Hub Group's operating expenses increased from $368.6M to $3.81B, a change of $3.44B. The latest reported quarter, Q3 2025, shows $895.1M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Hub Group source filings ↗