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Proficient Auto Logistics (PAL) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 14, 2026

Proficient Auto Logistics (PAL) reported revenue of $93.7M for the first quarter 2026 (Q1 2026), -2% from a year earlier. Operating margin was -7.4%, net loss $6.5M (6.9% of revenue).

Revenue$93.7M
Year over year-2%
Quarter over quarter—
Operating margin-7.4%
Net earnings−$6.5M

Proficient Auto Logistics, Q1 2026: revenue $93.7M (-2% year over year), operating margin -7.4%, net loss $6.5M, operating cash flow $2.0M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$93.7M—-2%
Operating profit−$6.9M-5632%—
Net earnings−$6.5M——
Operating cash flow$2.0M—+21%
Free cash flow$1.2M——

What changed

Revenue was $93.7M in Q1 2026, down 2% year over year. Revenue Before Fuel Surcharge was the largest line at 92% of revenue. Revenue Before Fuel Surcharge lost $1.4M year over year (down 2%), 94% of the total change.

Operating costs exceeded revenue by $6.9M, an operating margin of -7.4%. Total costs grew 3% against a revenue fall of 2%. The quarter ended with a net loss of $6.5M.

Operating cash flow was $2.0M (up 21% year over year). Non-cash charges added back $10.0M of depreciation and amortization and $1.4M of share-based compensation. Working capital and other items used $2.9M. Capital expenditures of $785K left free cash flow of $1.2M.

Questions

What was Proficient Auto Logistics' revenue in the first quarter 2026?

Proficient Auto Logistics (PAL) reported revenue of $93.7M for the first quarter 2026 (Q1 2026), -2% from a year earlier.

Was Proficient Auto Logistics profitable in the first quarter 2026?

Operating loss was $6.9M (-7.4% of revenue) and net loss $6.5M.

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Source: Proficient Auto Logistics 10-Q on SEC EDGAR.