Knight-Swift Transportation Holdings Inc. (KNX) Form 8-K — Oct 21, 2026
Knight-Swift reported Q3 2026 revenue of $2.2 billion, up 14.2% year-over-year, with GAAP diluted EPS of $0.72 versus $0.05 a year ago and Adjusted EPS of $0.83 versus $0.32. Operating income surged 255.1% to $178.7 million, and the consolidated Adjusted Operating Ratio improved 450 basis points to 89.3%, driven by pricing gains in truckload (revenue per loaded mile ex-fuel up 9.7%) and strong intermodal growth of 30.6%. Management guided Q4 2026 Adjusted EPS to $0.78-$0.84, expects a solid truckload peak season with more project arrangements than at any time since the pandemic, and cut full-year net capex guidance to $600-$625 million.
Key figures
- Eps
- 0.72
- Revenue
- 2200926000
- Guidance
- Q4 2026 Adjusted EPS of $0.78-$0.84; full-year 2026 net cash capex $600M-$625M (reduced from $600M-$650M)
- Net Income
- 118266000
- Total Debt
- 2100000000
- Revenue Yoy
- 14.2%
- Total Assets
- 12141569000
- Cash Position
- 254156000
- Adjusted eps
- 0.83
- Operating income
- 178705000
- Dividend per share
- 0.2
- Effective tax rate
- 27.4% vs 47.0% prior year
- Free cash flow ytd
- 373200000
- Adjusted net income
- 135865000
- Stockholders equity
- 7082637000
- Operating income yoy
- 255.1%
- Adjusted eps prior year
- 0.32
- Operating cash flow ytd
- 799881000
- Adjusted operating ratio
- 89.3% (improved 450 bps YoY)
- Adjusted operating income
- 198548000
AI analysis
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