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Red Flags Detected

  • Litigation And Insurance Market Hardening (new) — Company now discloses rising exposure from freight-broker vicarious liability and a hardening insurance market where several carriers have exited trucking auto-liability coverage or sharply raised premiums, flagging potential uninsured exposure and cost escalation.
NASDAQ: SAIA SAIA INC 10-Q

SAIA Q2 2026: Revenue +17% on fuel & volume recovery; operating income +26% to $125M

Filed July 30, 2026 · Period ending June 30, 2026 · Compared to 10-Q Jul 25, 2025 · ~2 min read

Key Changes

  • high

    Operating revenue rose 17.1% YoY to $956.5M, driven by fuel surcharge expansion (22.3% of revenue vs. 14.6% prior year) and 4.4% shipment volume growth, reversing the prior year's 0.7% decline.

    MD&A: Revenue Growth verify on EDGAR →
  • high

    Operating income climbed 26% to $125.2M and operating ratio improved to 86.9% from 87.8%, recovering from the prior year's 27.8% profit decline driven by network-expansion costs and volume softness.

    MD&A: Operating Income verify on EDGAR →
  • high

    Company paid down all $207M of revolving credit borrowings by June 30, 2026, increasing availability to $564M from $356.6M and signaling improved cash generation.

    MD&A: Liquidity verify on EDGAR →

2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Source-verified from EDGAR · Narrative written by AI · Jul 31, 2026 · How we verify