Filing Flows › Knight-Swift Transportation Holdings (KNX) › How it makes money
How Knight-Swift Transportation Holdings (KNX) makes money
Knight-Swift Transportation Holdings (KNX) made $2.2B of revenue in the third quarter 2026 (Q3 2026), +14% from a year earlier. Revenue, excluding truckload and LTL fuel surcharge brought in $1.9B (84%); Truckload and LTL fuel surcharge brought in $348M (16%). Of every dollar of revenue, 8¢ was left as operating profit, 5¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Revenue, excluding truckload and LTL fuel surcharge | $1.9B | 84.2% | +5% | +8% |
| Truckload and LTL fuel surcharge | $348M | 15.8% | +5% | +69% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $2.2B | 100.0% |
| Operating profit | $179M | 8.1% |
| Income tax | $44.5M | 2.0% |
| Net earnings | $118M | 5.4% |
| Operating cash flow | $350M | 15.9% |
| Free cash flow | $113M | 5.2% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $2.2B | +14% |
| Q2 2026 | $2.1B | +13% |
| Q1 2026 | $1.9B | +1% |
| Q4 2025 | $1.9B | -0.4% |
| Q3 2025 | $1.9B | +3% |
| Q2 2025 | $1.9B | +0.8% |
| Q1 2025 | $1.8B | +0.1% |
From Knight-Swift Transportation Holdings' 10-Q filed Oct 28, 2026 (on EDGAR).
Questions
How does Knight-Swift Transportation Holdings make money?
Knight-Swift Transportation Holdings (KNX) made $2.2B of revenue in the third quarter 2026 (Q3 2026), +14% from a year earlier. Revenue, excluding truckload and LTL fuel surcharge brought in $1.9B (84%); Truckload and LTL fuel surcharge brought in $348M (16%). Of every dollar of revenue, 8¢ was left as operating profit, 5¢ was left as net earnings.
What is Knight-Swift Transportation Holdings' biggest business?
Revenue, excluding truckload and LTL fuel surcharge: $1.9B in the third quarter 2026, 84% of revenue, +8% from a year earlier.
What is Knight-Swift Transportation Holdings' profit margin?
Net earnings were $118M, 5.4% of revenue, in the third quarter 2026; the operating margin was 8.1%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.