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Purchased transportation at other companies

FedEx logo
FedExFDX
$6.16B+15.0%
XPO
XPOXPO
$464M+8.9%
Schneider National logo
Schneider NationalSNDR
$477.6M-1.6%
United Parcel Service, Inc. logo
United Parcel Service, Inc.UPS
$3.19B+26.4%
XPO
XPOXPO
$394M+8.5%
Forward Air logo
Forward AirFWRD
$22.09M+10.2%

Segments

By segment

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Truckload$131.95M+21.5%
Logistics$117.53M+13.1%
LTL$9.15M-1.9%

Other financials

Income statement

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Revenue$2.1B+12.6%
Operating income$104.9M+44.4%
Net income$43.2M+26.1%
EPS (diluted)$0.26+23.8%

Balance sheet

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Cash & equivalents$267.7M-22.4%
Total debt$1.3B-54.4%
Total equity$7.0B-2.0%
Total assets$12.0B-4.1%

Cash flow

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Operating cash flow$307.8M+42.2%
CapEx$250.6M+20.2%
Free cash flow$57.2M+621%

Valuation

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Market cap$11.52B+67.0%
Enterprise value$12.55B+33.7%
P/E137.2×-415×
P/S1.5×+0.6×

Profitability

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Operating margin2.7%-1.3pp
Net margin1.9%+1.3pp
FCF margin7.1%

Returns & leverage

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Return on equity2%+1.3pp
Debt / equity0.2×-0.2×
Current ratio0.9×0.0×

Where this comes from

Reported directly by Knight-Swift Transportation Holdings Inc. in its filing.

Tagged under the XBRL concept knx:PurchasedTransportation.

The source filing: Knight-Swift Transportation Holdings Inc.’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 1:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001492691-26-000059
Line itemQuarter Ended June 30, 2026Quarter Ended June 30, 2025Year-to-Date June 30, 2026Year-to-Date June 30, 2025
Depreciation and amortization of property and equipment178,161176,538354,970354,017
Amortization of intangibles18,83419,24637,73638,492
Rental expense43,87643,19688,92886,062
Purchased transportation322,147265,722600,775543,016
Impairments10,58488210,612
Miscellaneous operating expenses73,08748,733132,95194,268
Total operating expenses1,990,8611,789,3243,812,5003,547,023
Operating income104,85172,616133,435139,279

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Knight-Swift Transportation Holdings Inc.'s purchased transportation?
Knight-Swift Transportation Holdings Inc. (KNX) reported purchased transportation of $322.15M in Q2 2026.
How has Knight-Swift Transportation Holdings Inc.'s purchased transportation changed year-over-year?
Knight-Swift Transportation Holdings Inc.'s purchased transportation increased by 21.2% year-over-year, from $265.72M to $322.15M.
What is the long-term trend for Knight-Swift Transportation Holdings Inc.'s purchased transportation?
Over 4 years (2021 to 2025), Knight-Swift Transportation Holdings Inc.'s purchased transportation has grown at a -3.9% compound annual growth rate (CAGR), from $1.32B to $1.13B.
What does purchased transportation mean?
Costs paid to third-party carriers or contractors to perform transportation services on behalf of the company. This is a key indicator of reliance on external capacity versus internal assets.

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