Saia Q4 diluted EPS falls to $1.77 from $2.84 as revenue edges up 0.1%
Saia reported fourth quarter 2025 revenue of $790.0 million, up 0.1%, but operating income fell 36.9% to $64.0 million and diluted earnings per share dropped to $1.77 from $2.84. Management attributed about $4.7 million of the quarter's cost increase to unexpected adverse developments on accidents from prior years. For full year 2025, diluted EPS was $9.52 versus $13.51 in 2024, and net capital expenditures are expected to be $350 million to $400 million in 2026.
Key points
- Q4 2025 diluted EPS was $1.77 versus $2.84 in Q4 2024; operating ratio was 91.9% versus 87.1%
- Full year 2025 revenue was $3.2 billion, up 0.8%, while operating income fell 27.0% to $352.2 million
- Management cited about $4.7 million in elevated self-insurance costs from accidents in prior years
- 2026 net capital expenditures are anticipated at approximately $350 million to $400 million, subject to market conditions
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:17 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 February 10, 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.