Filing Flows › Knight-Swift Transportation Holdings (KNX) › Q2 2026
Knight-Swift Transportation Holdings (KNX) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 29, 2026
Knight-Swift Transportation Holdings (KNX) reported revenue of $2.1B for the second quarter 2026 (Q2 2026), +13% from a year earlier and +13% from the quarter before. Operating margin was 5.0%, net earnings $43.1M (2.1% of revenue).
Knight-Swift Transportation Holdings, Q2 2026: revenue $2.1B (+13% year over year), operating margin 5.0%, net earnings $43.1M, operating cash flow $308M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.1B | +13% | +13% |
| Operating profit | $105M | +267% | +44% |
| Net earnings | $43.1M | — | +27% |
| Operating cash flow | $308M | +116% | +42% |
| Free cash flow | $57.2M | +357% | +621% |
What changed
Revenue was $2.1B in Q2 2026, up 13% year over year and up 13% from the previous quarter. Revenue, excluding truckload and LTL fuel surcharge was the largest line at 84% of revenue. Truckload and LTL fuel surcharge added $0.14B year over year (up 75%), 61% of the total change.
Operating profit was $0.10B, a 5.0% margin (up 1.1 points year over year). Of the extra revenue versus Q2 2025, 14% reached operating profit, above the 4% margin then. Total costs grew 11% against revenue growth of 13%. Net earnings were $0.04B, up 26% year over year. The effective tax rate was 34.1%.
Operating cash flow was $0.31B (up 42% year over year), 713% of net earnings. Non-cash charges added back $0.20B of depreciation and amortization. Working capital and other items added $0.07B. Capital expenditures of $0.25B left free cash flow of $0.06B.
Questions
What was Knight-Swift Transportation Holdings' revenue in the second quarter 2026?
Knight-Swift Transportation Holdings (KNX) reported revenue of $2.1B for the second quarter 2026 (Q2 2026), +13% from a year earlier and +13% from the quarter before.
Was Knight-Swift Transportation Holdings profitable in the second quarter 2026?
Operating profit was $105M (5.0% of revenue) and net earnings $43.1M.
Source: Knight-Swift Transportation Holdings 10-Q on SEC EDGAR.