JBHT — what changed in the latest 10-Q
A section-by-section comparison of JBHT's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-10-23 vs the prior 10-Q · 2026-07-24
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +3 | −3 | ~29 | 26 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~3 | 0 |
| Controls & procedures | Text added/removed | 0 | 0 | ~2 | 0 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-10-23
JBI segment revenue increased 20% to $1.83 billion during the third quarter 2026, compared with $1.52 billion in 2025. During the third quarter of 2026, JBI had an 8% increase in load volumes and an 11% increase in revenue per load, which is determined by the combination of fuel surcharge revenue, f…
Rents and purchased transportation costs increased 24.3% in 2026. This increase was primarily the result of an increase in JBI, ICS, and JBT load volumes, which increased services provided by third-party carriers and overall increased rail and truck carrier purchased transportation rates, compared t…
Salaries, wages, and employee benefits costs increased 1.8% in 2026 from 2025. This increase was primarily due to higher driver wages, higher incentive compensation, reduced capital-related wages, and an increase in other employee benefits, partially offset by lower office employee wage expenses.
Text removed vs the prior filing · source: 10-Q · 2026-07-24
JBI segment revenue increased 22% to $1.75 billion during the second quarter 2026, compared with $1.44 billion in 2025. Load volumes during the second quarter 2026 increased 10% over the same period 2025 and gross revenue per load increased 11%, compared to a year ago. Transcontinental loads increas…
Rents and purchased transportation costs increased 20.4% in 2026. This increase was primarily the result of an increase in rail and truck carrier purchased transportation rates and an increase in load volumes within JBI, ICS, and JBT segments, which increased services provided by third-party carrier…
Salaries, wages, and employee benefits costs decreased 0.7% in 2026 from 2025. This decrease was primarily due to a decrease in employee headcounts and a decrease in group medical benefit expenses, partially offset by higher driver wages and additional incentive compensation.
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice