Knight-Swift Transportation Holdings Inc.KNXEarnings & Financial Report
Swift Transportation is an American truckload motor shipping carrier based in Phoenix, Arizona. In 2017, Swift merged with Knight Transportation, also of Phoenix, forming Knight-Swift.
Revenue
$1.8B
Gross Profit
N/A
Operating Profit
$63.5M
Net Profit
$20.3M
Gross Margin
N/A
Operating Margin
3.4%
Net Margin
1.1%
YoY Growth
18.9%
EPS
$0.13
Knight-Swift Transportation Holdings Inc. Q2 FY2024 Financial Summary
Knight-Swift Transportation Holdings Inc. reported revenue of $1.8B (up 18.9% YoY) for Q2 FY2024, with a net profit of $20.3M (down 67.9% YoY) (1.1% margin).
Key Financial Metrics
| Total Revenue | $1.8B |
|---|---|
| Net Profit | $20.3M |
| Gross Margin | N/A |
| Operating Margin | 3.4% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
Knight-Swift Transportation Holdings Inc. Q2 FY2024 revenue of $1.8B breaks down across 5 segments, led by Truckload at $1.3B (68.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Truckload | $1.3B | 68.5% |
| LTL | $306.5M | 16.6% |
| Logistics | $131.7M | 7.1% |
| Intermodal | $97.5M | 5.3% |
| Other | $46.7M | 2.5% |
Knight-Swift Transportation Holdings Inc. Revenue by Segment — Quarterly Trend
Knight-Swift Transportation Holdings Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Truckload and LTL) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| LTL | — | $344.8M | $394.5M | $386.9M |
| Intermodal | — | $95.7M | $94.1M | $84.1M |
Knight-Swift Transportation Holdings Inc. Annual Revenue by Year
Knight-Swift Transportation Holdings Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $7.5B).
| Year | Annual Revenue |
|---|---|
| 2025 | $7.5B |
| 2024 | $7.4B |
| 2023 | $7.1B |
| 2022 | $7.4B |
Knight-Swift Transportation Holdings Inc. Quarterly Revenue & Net Profit History
Knight-Swift Transportation Holdings Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $1.9B | +1.4% | $96.0K | 0.0% |
| Q4 FY2025 | $1.9B | -0.4% | $-6.8M | -0.4% |
| Q3 FY2025 | $1.9B | +2.7% | $7.9M | 0.4% |
| Q2 FY2025 | $1.9B | +0.8% | $34.2M | 1.8% |
| Q1 FY2025 | $1.8B | +0.1% | $30.6M | 1.7% |
| Q4 FY2024 | $1.9B | -3.5% | $69.5M | 3.7% |
| Q3 FY2024 | $1.9B | -7.1% | $30.5M | 1.6% |
| Q2 FY2024 | $1.8B | +18.9% | $20.3M | 1.1% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.85B | $1.88B | $1.86B | $1.82B | $1.86B | $1.93B | $1.86B | $1.85B |
| YoY Growth | 18.9% | -7.1% | -3.5% | 0.1% | 0.8% | 2.7% | -0.4% | 1.4% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $12.57B | $12.82B | $12.70B | $12.61B | $12.52B | $12.62B | $11.96B | $11.95B |
| Liabilities | $5.50B | $5.76B | $5.58B | $5.48B | $5.39B | $5.50B | $4.86B | $4.88B |
| Equity | $7.05B | $7.06B | $7.11B | $7.11B | $7.12B | $7.11B | $7.08B | $7.06B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $273.4M | $214.0M | $274.3M | $109.4M | $216.5M | $217.5M | $723.2M | $142.5M |