Filing Flows › Saia (SAIA) › Q1 2025
Saia (SAIA) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 28, 2025
Saia (SAIA) reported revenue of $788M for the first quarter 2025 (Q1 2025), +4% from a year earlier and -0.2% from the quarter before. Operating margin was 8.9%, net earnings $49.8M (6.3% of revenue).
Saia, Q1 2025: revenue $788M (+4% year over year), operating margin 8.9%, net earnings $49.8M, operating cash flow $109M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $788M | -0.2% | +4% |
| Operating profit | $70.2M | -31% | -40% |
| Net earnings | $49.8M | -35% | -45% |
| Operating cash flow | $109M | -34% | +2% |
What changed
Revenue was $787.6M in Q1 2025, up 4% year over year and roughly flat from the previous quarter.
Operating profit was $70.2M, a 8.9% margin (down 6.7 points year over year). Operating profit fell $47.7M even though revenue rose $32.8M versus a year earlier, so costs grew faster than sales. Total costs grew 13% against revenue growth of 4%. Net earnings were $49.8M, down 45% year over year. The effective tax rate was 24.0%.
Operating cash flow was $109.1M (up 2% year over year), 219% of net earnings. Non-cash charges added back $59.0M of depreciation and amortization. Capital expenditures of $202.9M exceeded it, leaving free cash flow of −$93.8M.
Questions
What was Saia's revenue in the first quarter 2025?
Saia (SAIA) reported revenue of $788M for the first quarter 2025 (Q1 2025), +4% from a year earlier and -0.2% from the quarter before.
Was Saia profitable in the first quarter 2025?
Operating profit was $70.2M (8.9% of revenue) and net earnings $49.8M.
Source: Saia 10-Q on SEC EDGAR.