Saia reports record Q3 2026 revenue and launches $250 million share repurchase
Saia Inc. posted a record third‑quarter 2026 revenue of $982.5 million, up 17.0% year‑over‑year, and operating income of $122.3 million, a 17.5% increase. Diluted earnings per share rose 21.4% to $3.41 and the operating ratio held at 87.6%, better than seasonal expectations. The board authorized a new $250 million stock repurchase program and added 45 terminals since 2022, expanding its network footprint.
Why it matters
The earnings beat and strong cash flow give Saia flexibility to return capital via the $250 million buyback, which may support the share price (the company announced the program in its earnings release). The record revenue and operating performance suggest continued growth momentum for the LTL carrier.
Key facts
- 1Revenue was $982.5 million, an increase of 17.0% YoY. stocktitan.net
- 2Operating income was $122.3 million, up 17.5% YoY. stocktitan.net
- 3Diluted EPS was $3.41, a 21.4% increase from the prior year. tipranks.com
- 4Operating ratio was 87.6%, matching the prior‑year adjusted level and better than typical seasonal trends. finance.yahoo.com
- 5The board authorized a share repurchase program of up to $250 million. finance.yahoo.com
- 6Since early 2022 the company added 45 terminals and expanded or relocated more than 25, increasing door count by about 32% and tractor/trailer capacity by more than 35%. finance.yahoo.com
Summary written by AlphAI AI Desk from 14 of 14 sources. Not investment advice. Figures are as stated by the linked sources.