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Proficient Auto Logistics (PAL) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 14, 2026

Proficient Auto Logistics (PAL) reported revenue of $109M for the second quarter 2026 (Q2 2026), -5% from a year earlier and +17% from the quarter before. Operating margin was -3.0%, net loss $3.9M (3.6% of revenue).

Revenue$109M
Year over year-5%
Quarter over quarter+17%
Operating margin-3.0%
Net earnings−$3.9M

Proficient Auto Logistics, Q2 2026: revenue $109M (-5% year over year), operating margin -3.0%, net loss $3.9M, operating cash flow −$1.3M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$109M+17%-5%
Operating profit−$3.2M—-2681%
Net earnings−$3.9M——
Operating cash flow−$1.3M-163%-111%

What changed

Revenue was $109.4M in Q2 2026, down 5% year over year and up 17% from the previous quarter. Revenue, before fuel surcharge was the largest line at 88% of revenue. Revenue, before fuel surcharge lost $11.4M year over year (down 11%), 185% of the total change.

Operating costs exceeded revenue by $3.2M, an operating margin of -3.0%. Total costs fell 2% while revenue fell 5%. The quarter ended with a net loss of $3.9M, narrower than the previous quarter's $6.5M loss.

Operating cash flow was −$1.3M. Non-cash charges added back $9.6M of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items used $8.3M. Capital expenditures of $1.8M exceeded it, leaving free cash flow of −$3.1M.

Questions

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

Proficient Auto Logistics (PAL) reported revenue of $109M for the second quarter 2026 (Q2 2026), -5% from a year earlier and +17% from the quarter before.

Was Proficient Auto Logistics profitable in the second quarter 2026?

Operating loss was $3.2M (-3.0% of revenue) and net loss $3.9M.

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