ArcBest swings to Q1 net loss of $1.0 million despite revenue rise to $998.8 million
ArcBest reported unaudited first quarter 2026 results on April 28, 2026. Revenue rose to $998.8 million from $967.1 million a year earlier, but the company posted a net loss of $1.0 million, or $0.05 per diluted share, compared with net income of $3.1 million, or $0.13, in the prior-year quarter. Asset-Light profitability improved, while the Asset-Based operating ratio worsened, so per-share profit fell for shareholders on both a GAAP and non-GAAP basis.
Key points
- Revenue of $998.8 million versus $967.1 million in first quarter 2025
- GAAP net loss of $1.0 million, or $0.05 per diluted share, versus net income of $3.1 million, or $0.13
- Non-GAAP net income of $7.2 million, or $0.32 per diluted share, versus $11.9 million, or $0.51
- Asset-Based operating ratio of 97.3% versus 95.9%; Asset-Light operating income of $0.2 million versus a loss of $4.4 million
The filing
Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 28, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.