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Schneider National (SNDR) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 1, 2026
Schneider National (SNDR) reported revenue of $1.4B for the first quarter 2026 (Q1 2026), -0.2% from a year earlier and -0.1% from the quarter before. Operating margin was 2.4%, net earnings $20.4M (1.5% of revenue).
Schneider National, Q1 2026: revenue $1.4B (-0.2% year over year), operating margin 2.4%, net earnings $20.4M, operating cash flow $92.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | -0.1% | -0.2% |
| Operating profit | $33.4M | -8% | -21% |
| Net earnings | $20.4M | -8% | -22% |
| Operating cash flow | $92.9M | -50% | +1% |
| Free cash flow | $48.1M | — | — |
What changed
Revenue was $1.4B in Q1 2026, roughly flat year over year and roughly flat from the previous quarter. Transportation was the largest line at 91% of revenue. Transportation lost $0.02B year over year (down 1%), 542% of the total change.
Operating profit was $0.03B, a 2.4% margin (down 0.6 points year over year). Total costs grew 0% against flat revenue. Net earnings were $0.02B, down 22% year over year. The effective tax rate was 25.0%.
Operating cash flow was $0.09B (up 1% year over year), 455% of net earnings. Non-cash charges added back $0.11B of depreciation and amortization and $4.2M of share-based compensation. Working capital and other items used $0.04B. After purchases of transportation equipment, net ($0.02B) and purchases of other property and equipment ($0.03B), free cash flow as the company reports it was $0.05B.
Questions
What was Schneider National's revenue in the first quarter 2026?
Schneider National (SNDR) reported revenue of $1.4B for the first quarter 2026 (Q1 2026), -0.2% from a year earlier and -0.1% from the quarter before.
Was Schneider National profitable in the first quarter 2026?
Operating profit was $33.4M (2.4% of revenue) and net earnings $20.4M.
Source: Schneider National 10-Q on SEC EDGAR.