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Side-by-side financial comparison of HEARTLAND EXPRESS INC (HTLD) and WORKIVA INC (WK). Click either name above to swap in a different company.
WORKIVA INC is the larger business by last-quarter revenue ($238.9M vs $179.4M, roughly 1.3× HEARTLAND EXPRESS INC). WORKIVA INC runs the higher net margin — 4.9% vs -10.8%, a 15.8% gap on every dollar of revenue. On growth, WORKIVA INC posted the faster year-over-year revenue change (19.5% vs -26.1%). WORKIVA INC produced more free cash flow last quarter ($50.7M vs $-44.2M). Over the past eight quarters, WORKIVA INC's revenue compounded faster (16.6% 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.
Workiva, Inc. is a global software-as-a-service (SaaS) company. It provides a cloud-based connected and reporting compliance platform that enables the use of connected data and automation of reporting across finance, accounting, risk, and compliance.
HTLD vs WK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $179.4M | $238.9M |
| Net Profit | $-19.4M | $11.8M |
| Gross Margin | — | 80.7% |
| Operating Margin | -12.7% | 3.3% |
| Net Margin | -10.8% | 4.9% |
| Revenue YoY | -26.1% | 19.5% |
| Net Profit YoY | -949.2% | 234.0% |
| EPS (diluted) | $-0.24 | $0.21 |
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 | $238.9M | ||
| Q3 25 | $196.5M | $224.2M | ||
| Q2 25 | $210.4M | $215.2M | ||
| Q1 25 | $219.4M | $206.3M | ||
| Q4 24 | $242.6M | $199.9M | ||
| Q3 24 | $259.9M | $185.6M | ||
| Q2 24 | $274.8M | $177.5M | ||
| Q1 24 | $270.3M | $175.7M |
| Q4 25 | $-19.4M | $11.8M | ||
| Q3 25 | $-8.3M | $2.8M | ||
| Q2 25 | $-10.9M | $-19.4M | ||
| Q1 25 | $-13.9M | $-21.4M | ||
| Q4 24 | $-1.9M | $-8.8M | ||
| Q3 24 | $-9.3M | $-17.0M | ||
| Q2 24 | $-3.5M | $-17.5M | ||
| Q1 24 | $-15.1M | $-11.7M |
| Q4 25 | — | 80.7% | ||
| Q3 25 | — | 79.3% | ||
| Q2 25 | — | 77.0% | ||
| Q1 25 | — | 76.6% | ||
| Q4 24 | — | 77.1% | ||
| Q3 24 | — | 76.5% | ||
| Q2 24 | — | 76.8% | ||
| Q1 24 | — | 76.4% |
| Q4 25 | -12.7% | 3.3% | ||
| Q3 25 | -3.7% | -1.5% | ||
| Q2 25 | -5.9% | -10.3% | ||
| Q1 25 | -6.8% | -12.0% | ||
| Q4 24 | 0.4% | -6.7% | ||
| Q3 24 | -2.7% | -11.7% | ||
| Q2 24 | 0.1% | -13.0% | ||
| Q1 24 | -5.3% | -10.4% |
| Q4 25 | -10.8% | 4.9% | ||
| Q3 25 | -4.2% | 1.2% | ||
| Q2 25 | -5.2% | -9.0% | ||
| Q1 25 | -6.3% | -10.4% | ||
| Q4 24 | -0.8% | -4.4% | ||
| Q3 24 | -3.6% | -9.2% | ||
| Q2 24 | -1.3% | -9.9% | ||
| Q1 24 | -5.6% | -6.7% |
| Q4 25 | $-0.24 | $0.21 | ||
| Q3 25 | $-0.11 | $0.05 | ||
| Q2 25 | $-0.14 | $-0.35 | ||
| Q1 25 | $-0.18 | $-0.38 | ||
| Q4 24 | $-0.03 | $-0.15 | ||
| Q3 24 | $-0.12 | $-0.31 | ||
| Q2 24 | $-0.04 | $-0.32 | ||
| Q1 24 | $-0.19 | $-0.21 |
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 | $338.8M |
| Total DebtLower is stronger | $154.1M | — |
| Stockholders' EquityBook value | $755.3M | $-5.4M |
| Total Assets | $1.2B | $1.5B |
| Debt / EquityLower = less leverage | 0.20× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.5M | $338.8M | ||
| Q3 25 | $32.7M | $315.9M | ||
| Q2 25 | $22.9M | $284.3M | ||
| Q1 25 | $23.9M | $242.0M | ||
| Q4 24 | $12.8M | $301.8M | ||
| Q3 24 | $30.7M | $248.2M | ||
| Q2 24 | $23.9M | $267.9M | ||
| Q1 24 | $23.8M | $296.1M |
| Q4 25 | $154.1M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $187.9M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $755.3M | $-5.4M | ||
| Q3 25 | $775.6M | $-36.9M | ||
| Q2 25 | $786.7M | $-66.5M | ||
| Q1 25 | $807.7M | $-75.7M | ||
| Q4 24 | $822.6M | $-41.7M | ||
| Q3 24 | $825.7M | $-50.8M | ||
| Q2 24 | $836.8M | $-77.7M | ||
| Q1 24 | $848.8M | $-83.2M |
| Q4 25 | $1.2B | $1.5B | ||
| Q3 25 | $1.3B | $1.4B | ||
| Q2 25 | $1.3B | $1.3B | ||
| Q1 25 | $1.3B | $1.3B | ||
| Q4 24 | $1.3B | $1.4B | ||
| Q3 24 | $1.4B | $1.3B | ||
| Q2 24 | $1.4B | $1.2B | ||
| Q1 24 | $1.5B | $1.2B |
| 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 | $51.0M |
| Free Cash FlowOCF − Capex | $-44.2M | $50.7M |
| FCF MarginFCF / Revenue | -24.6% | 21.2% |
| Capex IntensityCapex / Revenue | 33.0% | 0.1% |
| Cash ConversionOCF / Net Profit | — | 4.31× |
| TTM Free Cash FlowTrailing 4 quarters | $-66.9M | $138.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $14.9M | $51.0M | ||
| Q3 25 | $27.5M | $46.2M | ||
| Q2 25 | $21.0M | $50.3M | ||
| Q1 25 | $25.8M | $-7.4M | ||
| Q4 24 | $37.8M | $44.0M | ||
| Q3 24 | $35.6M | $18.9M | ||
| Q2 24 | $40.0M | $-14.0K | ||
| Q1 24 | $31.0M | $24.8M |
| Q4 25 | $-44.2M | $50.7M | ||
| Q3 25 | $-12.2M | $46.1M | ||
| Q2 25 | $-12.8M | $49.3M | ||
| Q1 25 | $2.3M | $-8.1M | ||
| Q4 24 | $-45.5M | $43.2M | ||
| Q3 24 | $24.6M | $18.7M | ||
| Q2 24 | $29.4M | $-122.0K | ||
| Q1 24 | $26.3M | $24.6M |
| Q4 25 | -24.6% | 21.2% | ||
| Q3 25 | -6.2% | 20.5% | ||
| Q2 25 | -6.1% | 22.9% | ||
| Q1 25 | 1.0% | -3.9% | ||
| Q4 24 | -18.8% | 21.6% | ||
| Q3 24 | 9.5% | 10.1% | ||
| Q2 24 | 10.7% | -0.1% | ||
| Q1 24 | 9.7% | 14.0% |
| Q4 25 | 33.0% | 0.1% | ||
| Q3 25 | 20.2% | 0.0% | ||
| Q2 25 | 16.1% | 0.5% | ||
| Q1 25 | 10.7% | 0.4% | ||
| Q4 24 | 34.3% | 0.4% | ||
| Q3 24 | 4.2% | 0.1% | ||
| Q2 24 | 3.8% | 0.1% | ||
| Q1 24 | 1.7% | 0.1% |
| Q4 25 | — | 4.31× | ||
| Q3 25 | — | 16.57× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HTLD
Segment breakdown not available.
WK
| License And Service | $219.3M | 92% |
| XBRL Professional Services | $16.4M | 7% |
| Other Services | $3.2M | 1% |
