Quarterly ResultJul 30, 2026, 07:51 AM
Saia Q2 Diluted EPS $3.51, Revenue $956.5M (+17.1%)
AI Summary
Saia, Inc. reported strong second-quarter 2026 financial results, with diluted earnings per share of $3.51, a significant increase from $2.67 in the prior year. The company achieved record revenue of $956.5 million, up 17.1%, and operating income of $125.2 million, a 26.0% increase, driven by enhanced service offerings and disciplined execution. Saia also improved its operating ratio to 86.9% and saw healthy volume trends with LTL shipments and tonnage per workday increasing by 4.4% and 8.4% respectively. The company ended the quarter with a strong financial position, including reduced total debt and increased cash on hand.
Key Highlights
- Diluted EPS for Q2 2026 was $3.51, up from $2.67 in Q2 2025.
- Revenue increased by 17.1% to $956.5 million in Q2 2026.
- Operating income rose 26.0% to $125.2 million.
- Operating ratio improved to 86.9% from 87.8% in Q2 2025.
- LTL shipments per workday increased by 4.4%, and LTL tonnage per workday increased by 8.4%.
- Cash on hand was $84.0 million, and total debt was $100.1 million at June 30, 2026.
- Net capital expenditures for the first six months of 2026 were $158.0 million.
- Anticipated net capital expenditures for 2026 are approximately $350 million to $400 million.
Price Impact
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