Quarterly ResultJul 30, 2026, 07:32 AM
Saia Q2 EPS $3.51, Revenue $956.5M; Operating Income +26.0%
AI Summary
Saia, Inc. reported strong second quarter 2026 financial results, with diluted earnings per share increasing 31.5% to $3.51 and revenue growing 17.1% to $956.5 million. The company achieved a 26.0% increase in operating income to $125.2 million and an improved operating ratio of 86.9%. Management highlighted record revenue, tonnage, and shipments, attributing success to expanded service offerings, disciplined execution, and network growth initiatives. The company also significantly improved its financial position, increasing cash on hand and reducing total debt.
Key Highlights
- Diluted earnings per share increased 31.5% to $3.51.
- Revenue rose 17.1% to $956.5 million.
- Operating income grew 26.0% to $125.2 million.
- Operating ratio improved to 86.9% from 87.8% year-over-year.
- LTL shipments per workday increased 4.4%.
- LTL tonnage per workday increased 8.4%.
- Cash on hand grew to $84.0 million from $18.8 million.
- Total debt reduced to $100.1 million from $309.1 million.
Price Impact
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