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Side-by-side financial comparison of HEARTLAND EXPRESS INC (HTLD) and IMAX CORP (IMAX). Click either name above to swap in a different company.
HEARTLAND EXPRESS INC is the larger business by last-quarter revenue ($179.4M vs $125.2M, roughly 1.4× IMAX CORP). IMAX CORP runs the higher net margin — 0.5% vs -10.8%, a 11.3% gap on every dollar of revenue. On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% vs -26.1%). IMAX CORP produced more free cash flow last quarter ($28.0M vs $-44.2M). Over the past eight quarters, IMAX CORP's revenue compounded faster (25.8% CAGR vs -18.5%).
Heartland Express is an American trucking company headquartered in North Liberty, Iowa. The company offers truckload shipping services across the United States.
IMAX Corporation is a Canadian production theatre company which designs and manufactures IMAX cameras and projection systems as well as performing film development, production, post-production and distribution to IMAX-affiliated theatres worldwide. Founded in Montreal in 1967, it has headquarters in the Toronto area, and operations in New York City and Los Angeles.
HTLD vs IMAX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $179.4M | $125.2M |
| Net Profit | $-19.4M | $637.0K |
| Gross Margin | — | 57.6% |
| Operating Margin | -12.7% | 19.3% |
| Net Margin | -10.8% | 0.5% |
| Revenue YoY | -26.1% | 35.1% |
| Net Profit YoY | -949.2% | -88.0% |
| EPS (diluted) | $-0.24 | $0.02 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $179.4M | $125.2M | ||
| Q3 25 | $196.5M | $106.7M | ||
| Q2 25 | $210.4M | $91.7M | ||
| Q1 25 | $219.4M | $86.7M | ||
| Q4 24 | $242.6M | $92.7M | ||
| Q3 24 | $259.9M | $91.5M | ||
| Q2 24 | $274.8M | $89.0M | ||
| Q1 24 | $270.3M | $79.1M |
| Q4 25 | $-19.4M | $637.0K | ||
| Q3 25 | $-8.3M | $20.7M | ||
| Q2 25 | $-10.9M | $11.3M | ||
| Q1 25 | $-13.9M | $2.3M | ||
| Q4 24 | $-1.9M | $5.3M | ||
| Q3 24 | $-9.3M | $13.9M | ||
| Q2 24 | $-3.5M | $3.6M | ||
| Q1 24 | $-15.1M | $3.3M |
| Q4 25 | — | 57.6% | ||
| Q3 25 | — | 63.1% | ||
| Q2 25 | — | 58.5% | ||
| Q1 25 | — | 61.4% | ||
| Q4 24 | — | 52.2% | ||
| Q3 24 | — | 55.8% | ||
| Q2 24 | — | 49.4% | ||
| Q1 24 | — | 59.3% |
| Q4 25 | -12.7% | 19.3% | ||
| Q3 25 | -3.7% | 27.2% | ||
| Q2 25 | -5.9% | 15.6% | ||
| Q1 25 | -6.8% | 19.3% | ||
| Q4 24 | 0.4% | 10.3% | ||
| Q3 24 | -2.7% | 21.2% | ||
| Q2 24 | 0.1% | 3.2% | ||
| Q1 24 | -5.3% | 15.3% |
| Q4 25 | -10.8% | 0.5% | ||
| Q3 25 | -4.2% | 19.4% | ||
| Q2 25 | -5.2% | 12.3% | ||
| Q1 25 | -6.3% | 2.7% | ||
| Q4 24 | -0.8% | 5.7% | ||
| Q3 24 | -3.6% | 15.2% | ||
| Q2 24 | -1.3% | 4.0% | ||
| Q1 24 | -5.6% | 4.1% |
| Q4 25 | $-0.24 | $0.02 | ||
| Q3 25 | $-0.11 | $0.37 | ||
| Q2 25 | $-0.14 | $0.20 | ||
| Q1 25 | $-0.18 | $0.04 | ||
| Q4 24 | $-0.03 | $0.09 | ||
| Q3 24 | $-0.12 | $0.26 | ||
| Q2 24 | $-0.04 | $0.07 | ||
| Q1 24 | $-0.19 | $0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $18.5M | $151.2M |
| Total DebtLower is stronger | $154.1M | — |
| Stockholders' EquityBook value | $755.3M | $337.9M |
| Total Assets | $1.2B | $894.0M |
| Debt / EquityLower = less leverage | 0.20× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.5M | $151.2M | ||
| Q3 25 | $32.7M | $143.1M | ||
| Q2 25 | $22.9M | $109.3M | ||
| Q1 25 | $23.9M | $97.1M | ||
| Q4 24 | $12.8M | $100.6M | ||
| Q3 24 | $30.7M | $104.5M | ||
| Q2 24 | $23.9M | $91.6M | ||
| Q1 24 | $23.8M | $81.0M |
| Q4 25 | $154.1M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $187.9M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $755.3M | $337.9M | ||
| Q3 25 | $775.6M | $349.5M | ||
| Q2 25 | $786.7M | $320.4M | ||
| Q1 25 | $807.7M | $299.5M | ||
| Q4 24 | $822.6M | $299.5M | ||
| Q3 24 | $825.7M | $289.4M | ||
| Q2 24 | $836.8M | $267.2M | ||
| Q1 24 | $848.8M | $258.8M |
| Q4 25 | $1.2B | $894.0M | ||
| Q3 25 | $1.3B | $889.6M | ||
| Q2 25 | $1.3B | $868.6M | ||
| Q1 25 | $1.3B | $848.3M | ||
| Q4 24 | $1.3B | $830.4M | ||
| Q3 24 | $1.4B | $847.6M | ||
| Q2 24 | $1.4B | $827.4M | ||
| Q1 24 | $1.5B | $824.1M |
| Q4 25 | 0.20× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.23× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $14.9M | $29.4M |
| Free Cash FlowOCF − Capex | $-44.2M | $28.0M |
| FCF MarginFCF / Revenue | -24.6% | 22.3% |
| Capex IntensityCapex / Revenue | 33.0% | 1.1% |
| Cash ConversionOCF / Net Profit | — | 46.11× |
| TTM Free Cash FlowTrailing 4 quarters | $-66.9M | $118.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $14.9M | $29.4M | ||
| Q3 25 | $27.5M | $67.5M | ||
| Q2 25 | $21.0M | $23.2M | ||
| Q1 25 | $25.8M | $7.0M | ||
| Q4 24 | $37.8M | $11.5M | ||
| Q3 24 | $35.6M | $35.3M | ||
| Q2 24 | $40.0M | $35.0M | ||
| Q1 24 | $31.0M | $-11.0M |
| Q4 25 | $-44.2M | $28.0M | ||
| Q3 25 | $-12.2M | $64.8M | ||
| Q2 25 | $-12.8M | $20.9M | ||
| Q1 25 | $2.3M | $5.3M | ||
| Q4 24 | $-45.5M | $6.9M | ||
| Q3 24 | $24.6M | $34.2M | ||
| Q2 24 | $29.4M | $33.5M | ||
| Q1 24 | $26.3M | $-12.1M |
| Q4 25 | -24.6% | 22.3% | ||
| Q3 25 | -6.2% | 60.7% | ||
| Q2 25 | -6.1% | 22.8% | ||
| Q1 25 | 1.0% | 6.1% | ||
| Q4 24 | -18.8% | 7.4% | ||
| Q3 24 | 9.5% | 37.3% | ||
| Q2 24 | 10.7% | 37.6% | ||
| Q1 24 | 9.7% | -15.3% |
| Q4 25 | 33.0% | 1.1% | ||
| Q3 25 | 20.2% | 2.6% | ||
| Q2 25 | 16.1% | 2.6% | ||
| Q1 25 | 10.7% | 1.9% | ||
| Q4 24 | 34.3% | 5.0% | ||
| Q3 24 | 4.2% | 1.2% | ||
| Q2 24 | 3.8% | 1.8% | ||
| Q1 24 | 1.7% | 1.4% |
| Q4 25 | — | 46.11× | ||
| Q3 25 | — | 3.27× | ||
| Q2 25 | — | 2.06× | ||
| Q1 25 | — | 2.99× | ||
| Q4 24 | — | 2.16× | ||
| Q3 24 | — | 2.54× | ||
| Q2 24 | — | 9.78× | ||
| Q1 24 | — | -3.35× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HTLD
Segment breakdown not available.
IMAX
| Technology Sales | $46.6M | 37% |
| Image Enhancement And Maintenance Services | $38.1M | 30% |
| Joint Revenue Sharing Arrangement | $20.4M | 16% |
| Maintenance | $16.3M | 13% |
| Finance Income | $2.8M | 2% |
| Other Content Solutions | $1.6M | 1% |
