Filing Flows › Saia (SAIA) › Q1 2026
Saia (SAIA) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
Saia (SAIA) reported revenue of $806M for the first quarter 2026 (Q1 2026), +2% from a year earlier and +2% from the quarter before. Operating margin was 8.3%, net earnings $49.9M (6.2% of revenue).
Saia, Q1 2026: revenue $806M (+2% year over year), operating margin 8.3%, net earnings $49.9M, operating cash flow $140M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $806M | +2% | +2% |
| Operating profit | $66.8M | +4% | -5% |
| Net earnings | $49.9M | +5% | +0.1% |
| Operating cash flow | $140M | +2% | +28% |
| Free cash flow | $73.5M | +96% | — |
What changed
Revenue was $806.2M in Q1 2026, up 2% year over year and up 2% from the previous quarter.
Operating profit was $66.8M, a 8.3% margin (down 0.6 points year over year). Operating profit fell $3.4M even though revenue rose $18.7M versus Q1 2025, so costs grew faster than sales. Total costs grew 3% against revenue growth of 2%. Net earnings were $49.9M, roughly flat year over year. The effective tax rate was 23.3%.
Operating cash flow was $139.6M (up 28% year over year), 280% of net earnings. Non-cash charges added back $62.2M of depreciation and amortization. Working capital and other items added $27.6M. Capital expenditures of $66.1M left free cash flow of $73.5M.
Questions
What was Saia's revenue in the first quarter 2026?
Saia (SAIA) reported revenue of $806M for the first quarter 2026 (Q1 2026), +2% from a year earlier and +2% from the quarter before.
Was Saia profitable in the first quarter 2026?
Operating profit was $66.8M (8.3% of revenue) and net earnings $49.9M.
Source: Saia 10-Q on SEC EDGAR.