Quarterly ResultApr 28, 2026, 06:17 AM
ARCB Q1 Revenue $998.8M; GAAP Net Loss $1.0M; Asset-Light Profit
AI Summary
ArcBest reported first quarter 2026 revenue of $998.8 million, a 3.3% increase year-over-year. The company posted a GAAP net loss of $1.0 million, or $0.05 per diluted share, compared to net income in the prior year. On a non-GAAP basis, net income was $7.2 million, or $0.32 per diluted share. The company saw growth in Asset-Based shipments and tonnage and improved Asset-Light profitability, returning over $10 million to shareholders. Management expects sequential improvement in Q2 2026 for both segments.
Key Highlights
- Q1 2026 revenue totaled $998.8 million, up 3.3% from $967.1 million YoY.
- Q1 2026 GAAP net loss was $1.0 million, or $0.05 per diluted share.
- Q1 2026 non-GAAP net income was $7.2 million, or $0.32 per diluted share.
- Asset-Based revenue increased 2.2% per day to $655.0 million YoY.
- Asset-Light revenue increased 7.0% per day to $377.7 million YoY.
- Asset-Light operating income was $0.2 million, improving from a $4.4 million loss YoY.
- Returned over $10 million to shareholders through capital allocation.
- Q2 2026 Asset-Based non-GAAP operating ratio expected to improve 400-500 bps sequentially.