Filing Flows › Pamt (PAMT) › Q1 2026
Pamt (PAMT) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
Pamt (PAMT) reported revenue of $142M for the first quarter 2026 (Q1 2026), -9% from a year earlier and +0.4% from the quarter before. Operating margin was -0.2%, net loss $8K (0.0% of revenue).
Pamt, Q1 2026: revenue $142M (-9% year over year), operating margin -0.2%, net loss $8K, operating cash flow −$2.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $142M | +0.4% | -9% |
| Operating profit | −$271K | — | — |
| Net earnings | −$8K | — | — |
| Operating cash flow | −$2.7M | — | -154% |
What changed
Revenue was $141.9M in Q1 2026, down 9% year over year and roughly flat from the previous quarter. Freight Transportation Service was the largest line at 86% of revenue. Freight Transportation Service lost $14.0M year over year (down 10%), 104% of the total change.
Operating costs exceeded revenue by $271K, an operating margin of -0.2%. Total costs fell 14% while revenue fell 9%. The quarter ended with a net loss of $8K, narrower than the previous quarter's $29.3M loss. Non-operating items added $261K, -2610% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$2.7M. Non-cash charges added back $19.2M of depreciation and $98K of share-based compensation. Working capital and other items used $22.0M. Capital expenditures of $14.4M exceeded it, leaving free cash flow of −$17.1M.
Questions
What was Pamt's revenue in the first quarter 2026?
Pamt (PAMT) reported revenue of $142M for the first quarter 2026 (Q1 2026), -9% from a year earlier and +0.4% from the quarter before.
Was Pamt profitable in the first quarter 2026?
Operating loss was $271K (-0.2% of revenue) and net loss $8K.
Source: Pamt 10-Q on SEC EDGAR.