Knight-Swift swings to $6.8 million Q4 net loss on $52.9 million impairment charges
Knight-Swift reported a fourth-quarter 2025 net loss attributable to Knight-Swift of $6.8 million, or $(0.04) per diluted share, compared with earnings of $0.43 per share a year earlier. Results included $52.9 million of non-cash impairment charges tied to combining its Abilene truckload brand into Swift, while adjusted EPS fell to $0.31 from $0.36 on revenue of $1.9 billion, down 0.4%.
Key points
- Q4 2025 total revenue was $1.9 billion, down 0.4% year-over-year; operating income fell 66.1% to $26.5 million
- Adjusted EPS was $0.31 versus $0.36 a year earlier; GAAP EPS was $(0.04) versus $0.43
- Company guided first-quarter 2026 Adjusted EPS to a range of $0.28 to $0.32
- Net cash capital expenditures for full-year 2026 are expected to be $625 million to $675 million
The filing
Written by AI on Nov 8, 2026, 1:17 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 January 21, 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.