Direct Answer
J.B. Hunt reports revenue across 5 business segments in its fiscal 2025 Form 10-K. JBI is the largest, with $6.0 billion of revenue (50% of the total), followed by DCS at $3.4 billion (28%).
How Does J.B. Hunt Make Money?
No single line supplies a majority of revenue: the largest, JBI, is 50%, which spreads J.B. Hunt's exposure across several demand drivers. Between fiscal 2024 and 2025, JBT grew fastest (+4.6%) and FMS slowest (-9.5%), so the revenue mix tilts toward JBT while that gap lasts.
| Segment | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
|---|---|---|---|---|
| JBI | $6.0 billion | $6.0 billion | 49.8% | 0.3% |
| DCS | $3.4 billion | $3.4 billion | 28.1% | -0.6% |
| ICS | $1.1 billion | $1.1 billion | 9.2% | -2.8% |
| FMS | $824 million | $910 million | 6.9% | -9.5% |
| JBT | $734 million | $702 million | 6.1% | 4.6% |
Which J.B. Hunt Segments Earn the Most?
| Segment | FY2025 segment operating income | Segment margin |
|---|---|---|
| JBI | $450 million | 7.5% |
| DCS | $377 million | 11.2% |
| ICS | -$10 million | -0.9% |
| FMS | $27 million | 3.3% |
| JBT | $21 million | 2.9% |
Segment operating income is the profit measure J.B. Hunt reports to its chief operating decision maker for each segment. It usually leaves out corporate costs that are not allocated to a segment, so the segments usually add up to more than consolidated operating income, and margins are comparable within J.B. Hunt more safely than against another company.
What Does J.B. Hunt Sell?
J.B. Hunt also breaks revenue down by product and service line, which shows what customers pay for rather than how management organizes the business.
| Product or service | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
|---|---|---|---|---|
| Service Excluding Fuel Surcharge | $10.5 billion | $10.6 billion | 87.7% | -0.3% |
| Fuel Surcharge | $1.5 billion | $1.5 billion | 12.3% | -3.5% |
What the Segment Figures Do Not Show
The rows above add up to 100% of J.B. Hunt's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.
Where These Numbers Come From
Every figure on this page is a value J.B. Hunt reported in the segment note and revenue disclosures of its Form 10-K filed February 24, 2026 (accession 0001437749-26-005294), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.
Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.
Frequently Asked Questions
What are J.B. Hunt's business segments?
In its fiscal 2025 Form 10-K, J.B. Hunt reports revenue for JBI, DCS, ICS, FMS and JBT.
Which part of J.B. Hunt brings in the most revenue?
JBI, with $6.0 billion of revenue in fiscal 2025, or 50% of the total.
Where does J.B. Hunt report its segment results?
In the segment note to the financial statements in its Form 10-K, most recently filed February 24, 2026, alongside management's discussion of each segment's results.