Knight-Swift Q1 FY26 operating income drops 57.1% to $28.6 million; revenue rises to $1.85 billion

Knight-Swift Transportation

Knight-Swift Transportation

KNX

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  • Knight-Swift posted a net loss attributable to shareholders of $1.32 million in Q1 2026, down 104.3%.
  • Revenue rose to $1.85 billion.
  • Operating income dropped 57.1% to $28.58 million.
  • Insurance and claims expense climbed 18.4% to $109.16 million, due to $18 million of adverse claims development in LTL tied to an adverse arbitration ruling on a 2022 claim.
  • Outlook calls for Q2 truckload revenue excluding fuel surcharge up low single digits year over year, with operating margins improving 100-200 basis points.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Knight-Swift Transportation Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001492691-26-000038), on April 29, 2026, and is solely responsible for the information contained therein.