Universal Logistics swings to $3.5M Q1 loss as intermodal segment deteriorates

Filed May 1, 2026 · Period ending April 29, 2026 · ~1 min read

Key Changes

• high

  Q1 2026 net loss of $3.5M ($0.13/share) on revenues of $367.6M, reversing from $6.0M profit ($0.23/share) in Q1 2025 on revenues of $382.4M. Operating margin compressed from 4.1% to 1.3%.

  Item 2.02 verify on EDGAR →
• high

  Intermodal segment revenues plunged 32.3% to $47.9M as load volumes fell 23.3% and revenue per load declined 10.4%. Operating loss widened to $13.1M (negative 27.4% margin) from $10.7M loss (negative 15.1% margin) in Q1 2025.

  Exhibit 99.1 verify on EDGAR →
• medium

  Contract logistics revenues grew 5.3% to $269.5M, but operating income fell 26.8% to $17.5M as margin compressed from 9.3% to 6.5%. Active value-added programs declined to 79 from 87 year-over-year.

  Exhibit 99.1 verify on EDGAR →