Filing Flows › Saia (SAIA) › Q3 2025
Saia (SAIA) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 30, 2025
Saia (SAIA) reported revenue of $840M for the third quarter 2025 (Q3 2025), -0.3% from a year earlier and +3% from the quarter before. Operating margin was 14.1%, net earnings $86.3M (10.3% of revenue).
Saia, Q3 2025: revenue $840M (-0.3% year over year), operating margin 14.1%, net earnings $86.3M, operating cash flow $178M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $840M | +3% | -0.3% |
| Operating profit | $119M | +19% | -5% |
| Net earnings | $86.3M | +21% | -7% |
| Operating cash flow | $178M | +4% | -2% |
| Free cash flow | $87.6M | — | — |
What changed
Revenue was $839.6M in Q3 2025, roughly flat year over year and up 3% from the previous quarter.
Operating profit was $118.6M, a 14.1% margin (down 0.7 points year over year). Total costs grew 1% against flat revenue. Net earnings were $86.3M, down 7% year over year. The effective tax rate was 24.8%.
Operating cash flow was $177.8M (down 2% year over year), 206% of net earnings. Non-cash charges added back $64.0M of depreciation and amortization. Working capital and other items added $27.5M. Capital expenditures of $90.3M left free cash flow of $87.6M.
Questions
What was Saia's revenue in the third quarter 2025?
Saia (SAIA) reported revenue of $840M for the third quarter 2025 (Q3 2025), -0.3% from a year earlier and +3% from the quarter before.
Was Saia profitable in the third quarter 2025?
Operating profit was $119M (14.1% of revenue) and net earnings $86.3M.
Source: Saia 10-Q on SEC EDGAR.