| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 956.49 | 18.6% | 17.1% |
| Total Income | 956.49 | 18.6% | 17.1% |
| Expenditure | 831.28 | 12.4% | 15.8% |
| PBT | 125.48 | 92.9% | 31.3% |
| Net Profit | 94.26 | 89.0% | 32.0% |
| OPM | 13.09% | 4.81pp | 0.93pp |
| NPM | 9.86% | 3.67pp | 1.12pp |
| EPS | 3.52 | 89.3% | 31.8% |
Saia Reports Q2 2026 Results: Revenue Up 17.1% to $956.5 Million
30 Jul 2026 · 30 Jul, 5:21 pm
Summary
Saia, Inc. announced strong second quarter 2026 financial results, with revenue increasing 17.1% year-over-year to $956.5 million. Operating income saw a significant 26.0% rise to $125.2 million, accompanied by an improved operating ratio of 86.9%. Diluted earnings per share reached $3.51, up from $2.67 in the prior year quarter. Management highlighted the continued enhancement of their service offering, disciplined execution, and team commitment as drivers for record revenue and tonnage, alongside a focus on operational execution to create long-term shareholder value.
Key Highlights
- 1
Saia, Inc. reported second quarter 2026 revenue of $956.5 million, an increase of 17.1% compared to the second quarter of 2025.
- 2
Operating income for the second quarter of 2026 was $125.2 million, a 26.0% increase year-over-year.
- 3
The operating ratio improved to 86.9% in the second quarter of 2026, compared to 87.8% in the prior year period.
- 4
LTL shipments per workday increased by 4.4% and LTL tonnage per workday increased by 8.4% in the second quarter of 2026 compared to the second quarter of 2025.
- 5
Diluted earnings per share for the second quarter of 2026 were $3.51, up from $2.67 in the second quarter of 2025.
- 6
The company achieved a record-low claims ratio of 0.3% in the second quarter of 2026.
Management Comments
Fritz Holzgrefe
Our strong second quarter results highlight the continued enhancement of our expanded service offering, disciplined execution and the commitment of our team members. We achieved record revenue and tonnage, along with a second-quarter record in shipments, reflecting solid growth across our network. At the same time, we maintained our disciplined focus on execution, as demonstrated by a record-low claims ratio of 0.3%. The team's ability to generate strong operating results while continuing our focus on supporting our customers and integrating network growth initiatives continues to differentiate Saia in the marketplace.
Matt Batteh
The quarter's results were driven by continued focus on pricing and mix optimization, healthy volume trends and strong operational execution. Our expanded network enables us to provide more solutions to customers, which helped drive record top line revenue and improved operating income compared to last year. We remain focused on core execution, which will continue to create long-term value for our shareholders.
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