Quarterly ResultApr 30, 2026, 07:31 AM
SAIA Q1 2026 Revenue +2.4% to $806.2M; EPS $1.86
AI Summary
Saia, Inc. reported Q1 2026 financial results with revenue increasing 2.4% to a record $806.2 million. Diluted earnings per share remained flat at $1.86 compared to Q1 2025, while operating income decreased by 4.8% to $66.8 million. The company noted improved core efficiency metrics and growth in LTL shipments per workday, despite a challenging start to the quarter. Saia ended Q1 2026 with $39.2 million cash and $112.8 million total debt, and anticipates 2026 net capital expenditures of $350 million to $400 million.
Key Highlights
- Diluted EPS was $1.86 for both Q1 2026 and Q1 2025.
- Revenue increased 2.4% to $806.2 million in Q1 2026.
- Operating income decreased 4.8% to $66.8 million.
- Operating ratio was 91.7% compared to 91.1% in Q1 2025.
- LTL shipments per workday increased 1.0%.
- Net capital expenditures were $63.7 million in Q1 2026.
- Anticipates 2026 net capital expenditures of $350M-$400M.
- Cash on hand was $39.2 million, with total debt of $112.8 million.