---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-020529"
form_type: "8-K"
ticker: "SAIA"
cik: "0001177702"
company_name: "SAIA INC"
filed_at: "2022-10-31T23:59:59+00:00"
generated_at: "2026-06-22T21:25:23.579704+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Saia Q3 EPS $3.67 vs $2.98; revenue up 18.4% to $729.6M; record results

## Summary
- Diluted EPS $3.67 vs $2.98 in Q3 2021; revenue $729.6M (+18.4%).
- Operating ratio improved to 82.4% from 82.8% (adjusted 83.5% in 2021).
- LTL revenue per shipment up 20.1% to $359.04; yield +17.5%.
- Opened 5 new terminals in Q3, 11 YTD; plans 10-15 more in 2023.
- Net capex $278M in 9 months; full-year capex expected ~$500M.

## SEC filing metadata
- accession: 0000950170-22-020529
- form_type: 8-K
- ticker: SAIA
- cik: 0001177702
- company_name: SAIA INC
- filed_at: 2022-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1177702/000095017022020529/0000950170-22-020529-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1177702/000095017022020529/saia-20221031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-020529
- JSON: https://secwatch.observer/filing/0000950170-22-020529.json
- Plain text: https://secwatch.observer/filing/0000950170-22-020529.txt

## Key facts
- Earnings Releases
  SAIA INC reported third quarter 2022 results: revenue $729.6 million, EPS $3.67.
  - Period: third quarter 2022
  - Revenue: $729.6 million
  - EPS: $3.67
  - Result: reported results
  source text: earnings per share 1 were $2.86. Highlights from the third quarter operating results were as follows: Third Quarter 2022 Compared to Third Quarter 2021 Results • Revenue was $729.6 million, a 18.4% increase • Operating income was $128.4 million, a 21.0% increase • Operating ratio of 82.4 compared to 82.8 (adjusted operating ratio 1 of 83.5 in 2021) • LTL shipments
  evidence_url: https://www.sec.gov/Archives/edgar/data/1177702/000095017022020529/0000950170-22-020529-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
