SAIA Saia (SAIA) Q1 FY26 earnings call
Saia delivered record Q1 FY26 revenue despite weather impacts and diesel cost surges, driven by strong volume acceleration in late March and April. The company projects significant sequential operating ratio improvement for Q2 FY26, leveraging network investments and operational efficiencies. Management highlighted improved service metrics and customer sentiment, anticipating continued momentum into the second half of the year.
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SAIA operating KPIs by quarter
| KPI | This call Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Cargo claims ratio | 0.5%We achieved a cargo claims ratio of 0.5%, which is our sixth straight quarter of claims ratio below 0.6%, a record of consecutive quarters achieving this milestone.Source: earnings call transcript | 0.3%Despite lower head count and increased shipments compared to prior year, we achieved a record cargo claims ratio of 0.3%, demonstrating our ability to deliver high-quality service across our now national footprint.Source: earnings call transcript | -0.2 pt |
| Average length of haul | 890 milesOur average length of haul decreased 1.7% to 890 miles compared to 905 miles in the first quarter of 2025.Source: earnings call transcript | 888 milesLength of haul decreased 0.6% to 888 miles compared to 893 miles in the second quarter of 2025.Source: earnings call transcript | -0.2% |
| Purchased transportation miles share | 13.4%Truck and rail PT miles combined were 13.4% of our total linehaul miles in the quarter compared to 12.4% in the prior year.Source: earnings call transcript | 15.4%Truck and rail PT miles represented 15.4% of total linehaul miles in the quarter, up from 12% in the prior year.Source: earnings call transcript | +2 pt |
| Facilities | 214And now that we've got 214 facilities in the national network, we feel like our value prop to our customer is better than it's ever been.Source: earnings call transcript | 218But importantly, at 218 terminals now, we're able to solve more problems for customers.Source: earnings call transcript | +1.9% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.