Universal Logistics Holdings, Inc. filed its quarterly report on Form 10-Q for the period ended July 4, 2026, with the Securities and Exchange Commission on August 13, 2026, reporting net income of $26.2 million for the thirteen-week period and disclosing a significant gain on property disposals.

Key Highlights

  • Quarterly net income: $26,186 thousand for the thirteen weeks ended July 4, 2026, compared to $8,316 thousand in the prior-year period ended June 28, 2025.
  • Basic and diluted EPS: $0.99 per share for the thirteen weeks ended July 4, 2026, up from $0.32 per share in the comparable prior-year period.
  • Gain on property disposals: A gain of $45,257 thousand on disposal of property and equipment was recorded in the thirteen-week period.
  • Total operating revenues: $379,323 thousand for the thirteen weeks ended July 4, 2026, compared to $393,794 thousand in the prior-year period.
  • Total assets: $1,683,014 thousand as of July 4, 2026, down from $1,771,988 thousand at December 31, 2025.
  • Dividends declared: $0.105 per common share for the thirteen-week period, unchanged from the comparable prior-year period.
  • Shares outstanding: 26,367,805 shares of common stock as of August 7, 2026.

Universal Logistics Holdings Reports Higher Net Income Despite Lower Revenues in Second Quarter 2026

According to the filing, Universal Logistics Holdings (NASDAQ:ULH) reported total operating revenues of $379,323 thousand for the thirteen weeks ended July 4, 2026, a decrease from $393,794 thousand in the comparable prior-year period. Revenue declines were most pronounced in intermodal services, which fell to $43,411 thousand from $67,745 thousand, and in truckload services, which declined to $45,039 thousand from $45,922 thousand. Dedicated services and value-added services, however, increased year over year, to $88,106 thousand and $183,318 thousand, respectively.

The company disclosed that income from operations for the thirteen-week period was $45,137 thousand, compared to $19,893 thousand in the prior-year period. A significant contributor was a gain on disposal of property and equipment of $45,257 thousand, recorded in the current quarter, versus a gain of only $23 thousand in the same period of 2025. The filing also noted impairment expense of $3,886 thousand in the current period, with no comparable charge in the prior-year period. Insurance and claims expense increased to $17,523 thousand from $7,599 thousand year over year.

For the twenty-six weeks ended July 4, 2026, the company reported net income of $22,675 thousand on total operating revenues of $746,898 thousand, compared to net income of $14,330 thousand on revenues of $776,183 thousand in the comparable prior-year period. Net cash provided by operating activities for the twenty-six-week period was $73,852 thousand, down from $110,023 thousand in the prior-year period. Total stockholders' equity was $561,046 thousand as of July 4, 2026, compared to $540,355 thousand at December 31, 2025. Long-term debt, net of current portion, stood at $594,103 thousand, down from $682,721 thousand at year-end 2025.

What Was Disclosed

Universal Logistics Holdings filed its quarterly report covering the period ended July 4, 2026, disclosing financial statements including the balance sheet, income statement, and cash flows, with notable items including a large property disposal gain and higher insurance and claims expense.