Saia reported third-quarter revenue of $982.5 million, up 17.0%, operating income of $122.3 million and diluted EPS of $3.41; its board authorized up to $250 million in share repurchases.
SAIA · Saia Inc
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SIA Inc. reported record third-quarter revenue of approximately $982 million, up 17%. The board authorized repurchases of up to $250 million, and fourth-quarter operating ratio is expected to improve by over 200 basis points year over year.
Saia reported third-quarter operating revenue of $982,454 thousand, up 17.0%, operating income of $122,291 thousand and diluted earnings per share of $3.41. On October 29, 2026, its board authorized up to $250 million of common stock repurchases, effective immediately.
Saia reported third quarter 2026 revenue of $982.5 million, up 17.0%, and diluted earnings per share of $3.41. Its Board authorized up to $250 million in stock repurchases and appointed Todd C. Fowler as an eleventh director.
Metrics snapshot
Useful current figures from the complete screener profile.
Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
AI Brief
Q3 FY26 earnings call · Oct 29, 2026TL;DR. Saia reported record revenue and tonnage, higher adjusted operating income and EPS, strong free cash flow, improved service metrics, and authorized up to $250 million of stock repurchases; management expects more than 200 basis points of year-over-year operating-ratio improvement in Q4. Risks include a flat adjusted operating ratio, a 2.2% decline in ex-fuel revenue per hundredweight, ongoing cost inflation, underperforming ramping terminals, and continued Los Angeles weakness.
- + Revenue reached a record $982.5 million, tonnage grew 8.9%, operating income increased 17.5% versus adjusted prior-year operating income, and diluted EPS rose to $3.41.
- + Management expects Q4 operating ratio to improve by more than 200 basis points year over year.
- + Service metrics improved, including a company-record 0.3% cargo claims ratio, more than 40% year-over-year improvement, and a 10.8% contractual renewal rate.
- + The board authorized up to $250 million of stock repurchases.
- − Adjusted operating ratio was unchanged year over year at 87.6%.
- − Ramping terminals improved 40 basis points year over year but remained in the low 90s and below the company average.
- − The Los Angeles region remained down year over year and was a mix and revenue-per-shipment headwind.
- − Management expects ongoing wage, benefits, and other cost inflation in the LTL business.
- − Fuel expense increased 55.2% year over year as the national average diesel price rose 48.1%.
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
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Guidance & track record
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Technicals
trend & momentum for long-term holders NeutralIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Claims ratio | 0.3% | Second Quarter | — |
| Fuel surcharge revenue as a percentage of operating revenue | 22.3% | the quarter ended June 30, 2026 filing | — |
| LTL Average length of haul | 888 | the quarter ended June 30, 2026 filing | — |
| LTL Pounds per shipment | 1,448 | the quarter ended June 30, 2026 filing | — |
| LTL Revenue per hundredweight | $27.18 | the quarter ended June 30, 2026 filing | — |
| LTL revenue per hundredweight, excluding fuel surcharge revenue | $20.94 | Second Quarter | — |
| LTL Revenue per shipment | $393.56 | the quarter ended June 30, 2026 filing | — |
| LTL revenue per shipment, excluding fuel surcharge revenue | $303.12 | Second Quarter | — |
| LTL Shipments | 2.36M | the quarter ended June 30, 2026 filing | — |
| LTL Tonnage | 1.71M | the quarter ended June 30, 2026 filing | — |
| Operating ratio | 86.9% | Second Quarter | — |
| Terminals | 218 | Second Quarter | — |
| Workdays | 64 | the quarter ended June 30, 2026 filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Trucking — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
SAIA
this stock
Saia Inc
|
$9.13B | +4.8% | +0.8% | 32.4 | 3.9% |
|
ODFL
Old Dominion Freight Line, Inc.
|
$35.96B | +11.3% | -5.5% | 31.3 | 4.4% |
|
XPO
XPO, Inc.
|
$22.46B | +41.9% | +0.3% | 45.6 | 6.0% |
|
KNX
Knight-Swift Transportation Holdings Inc.
|
$10.39B | +22.0% | +0.8% | 68.6 | 7.5% |
|
TFII
TFI International Inc.
|
$7.85B | -7.1% | — | — | 2.4% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every section- Filed
- Nov 4, 2026
- This year
- 18
Saia reported third-quarter revenue of $982.5 million, up 17.0%, operating income of $122.3 million and diluted EPS of $3.41; its board authorized up to $250 million in share repurchases.
ViewPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| SAIA | +3.1% | +2.2% | -26.8% | -0.7% | +4.8% |
| SPY | +2.6% | -1.2% | +0.5% | -0.2% | +10.6% |
| vs SPY | +0.5% | +3.3% | -27.3% | -0.5% | -5.8% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.