Filing Flows › Old Dominion Freight Line (ODFL) › Q1 2026
Old Dominion Freight Line (ODFL) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Old Dominion Freight Line (ODFL) reported revenue of $1.3B for the first quarter 2026 (Q1 2026), -3% from a year earlier and +2% from the quarter before. Operating margin was 23.8%, net earnings $238M (17.9% of revenue).
Old Dominion Freight Line, Q1 2026: revenue $1.3B (-3% year over year), operating margin 23.8%, net earnings $238M, operating cash flow $374M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | +2% | -3% |
| Operating profit | $317M | +4% | -6% |
| Net earnings | $238M | +4% | -6% |
| Operating cash flow | $374M | +20% | +11% |
| Free cash flow | $311M | +18% | +25% |
What changed
Revenue was $1.3B in Q1 2026, down 3% year over year and up 2% from the previous quarter. LTL Service Revenue was the largest line at 99% of revenue. LTL Service Revenue lost $0.04B year over year (down 3%), 97% of the total change.
Operating profit was $0.32B, a 23.8% margin (down 0.8 points year over year). Total costs fell 2% while revenue fell 3%. Net earnings were $0.24B, down 6% year over year. The effective tax rate was 25.0%.
Operating cash flow was $0.37B (up 11% year over year), 157% of net earnings. Non-cash charges added back $0.09B of depreciation and amortization. Working capital and other items added $0.04B. Capital expenditures of $0.06B left free cash flow of $0.31B.
Questions
What was Old Dominion Freight Line's revenue in the first quarter 2026?
Old Dominion Freight Line (ODFL) reported revenue of $1.3B for the first quarter 2026 (Q1 2026), -3% from a year earlier and +2% from the quarter before.
Was Old Dominion Freight Line profitable in the first quarter 2026?
Operating profit was $317M (23.8% of revenue) and net earnings $238M.