On February 5, 2026, after market hours, Hub Group filed a Current Report with the Securities and Exchange Commission on Form 8-K announcing preliminary financial results for the full year and fourth quarter ended December 31, 2025. The report stated that “[i]n connection with the preparation of its financial statements for the year ended December 31, 2025, the Company identified an error that resulted in the understatement of purchased transportation costs and accounts payable in the first nine months of 2025.” As a result of the error, Hub Group “plans to restate its financial statements for the first, second and third quarters of 2025.”
On this news, Hub Group’s stock price fell $9.37 per share, or 18.3%, to close at $41.96 per share on February 6, 2026.
