Quarterly ResultApr 30, 2026, 04:28 PM
SAIA Q1 Revenue +2.4% to $806.2M; Operating Income -4.8%; EPS Flat at $1.86
AI Summary
SAIA Inc. reported a 2.4% increase in Q1 2026 operating revenue to $806.2 million, primarily due to higher fuel surcharge revenue. However, operating income decreased by 4.8% to $66.8 million, and the operating ratio worsened to 91.7% from 91.1%. Diluted earnings per share remained flat at $1.86. The company saw a 1.0% increase in LTL shipments per workday but a 2.1% decrease in LTL tonnage, with increased expenses contributing to the operating income decline.
Key Highlights
- Operating revenue increased 2.4% to $806.2 million in Q1 2026.
- Operating income decreased 4.8% to $66.8 million in Q1 2026.
- Diluted EPS remained flat at $1.86 for Q1 2026 and Q1 2025.
- Operating ratio worsened to 91.7% in Q1 2026 from 91.1% in Q1 2025.
- Net cash provided by operating activities rose 28.0% to $139.6 million.
- LTL shipments per workday increased 1.0%, while LTL tonnage decreased 2.1%.
- LTL revenue per shipment increased 0.7% to $357.93.
- Salaries, wages, and employee benefits increased $4.0 million (+1.0%).
Price Impact
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