Knight‑Swift Transportation Holdings Inc. reported second-quarter 2026 results with revenue rising to $2095712 and net income increasing to $43189 versus the year-ago quarter, as intermodal strength and improving truckload pricing supported top-line growth and margin recovery.
Financial Highlights
- Revenue was $2,095,712 for Q2 2026, up from $1,861,940 in Q2 2025; YoY change 12.5%.
- Net income was $43,189 for Q2 2026, up from $34,243 in Q2 2025; YoY change 26.1%.
- Diluted earnings per share was $0.26 for Q2 2026, compared with $0.21 in Q2 2025; YoY change 23.8%.
Business Highlights
- Consolidated revenue rose about 6.5% year-to-date, driven by Truckload (with revenue per loaded mile up 3.6% ex-fuel) and strong Intermodal growth of roughly 18% YTD.
- Channel and mix shifts included an improved Truckload pricing environment and Logistics with a 17.7% drop in load count but a 19.7% increase in revenue per load.
- Brand momentum: U.S. Xpress posted its first profitable quarter since acquisition, while AAA Cooper and DHE expanded their LTL footprint.
- Operational efficiency gains: Truckload adjusted operating ratio improved about 150 basis points YTD; intermodal load count and yield increases helped margin recovery.
- Network investments and outlook: Ongoing LTL facility openings, intermodal rail partnerships, and planned equipment purchases aim to support growth and service quality.
Original SEC Filing:
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