PAMT Corp Q1 revenue falls 8.7% to $141.9 million; net loss $0.01 million
PAMT Corp reported first-quarter 2026 revenue of $141.9 million, down 8.7% from $155.3 million a year earlier, and a net loss of $0.01 million, or $0.00 per diluted share, compared with a net loss of $8.1 million, or $0.37 per share, in the first quarter of 2025. The filing says the result includes a one-time $12.7 million pre-tax gain on the sale of Laredo, Texas property, which added about $9.7 million after tax, so the smaller loss was driven largely by that gain while revenue declined. The company also said it intends to more actively repurchase shares in the second quarter of 2026.
Key points
- Operating revenue of $141.9 million, down 8.7% from $155.3 million in the first quarter of 2025.
- Net loss of $0.01 million ($0.00 per diluted share) versus a net loss of $8.1 million ($0.37 per share) a year earlier.
- One-time $12.7 million pre-tax gain on the sale of Laredo, Texas real property, about $9.7 million after tax.
- Operating loss of $0.3 million versus $9.2 million a year earlier; 472,845 shares remained available for repurchase as of March 31, 2026.
The filing
Written by AI on Nov 9, 2026, 8:51 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 May 01, 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.