ArcBest swings to $13.8 million Q2 net loss on $85.3 million impairment charges
ArcBest reported second-quarter 2026 revenue of $1.2 billion, up from $1.0 billion a year earlier, but posted a GAAP net loss of $13.8 million, or $0.62 per diluted share, compared with net income of $25.8 million, or $1.12 per share, in the prior-year quarter. The company recorded $85.3 million in pre-tax asset impairment charges, and excluding these and other items, non-GAAP net income was $53.6 million, or $2.38 per diluted share.
Key points
- Q2 2026 revenue totaled $1.2 billion, compared with $1.0 billion in Q2 2025.
- GAAP net loss of $13.8 million, or $0.62 per diluted share, versus net income of $25.8 million, or $1.12 per share, a year earlier.
- Pre-tax asset impairment charges of $85.3 million; non-GAAP net income was $53.6 million, or $2.38 per diluted share, versus $31.2 million, or $1.36, in Q2 2025.
- Asset-Based operating ratio was 90.5% versus 92.8% a year earlier; the company also referenced a restructuring plan announced July 16, 2026.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:49 AM ET, from the text of the filing and its press-release exhibits 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 July 29, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.