{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-058331","form_type":"8-K","ticker":"SAIA","cik":"0001177702","company_name":"SAIA INC","filed_at":"2025-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.711863+00:00","generated_at":"2026-05-23T05:42:32.141438+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Saia Q1 EPS falls 45% to $1.86; revenue up 4.3% but operating income down 40.5%","bullets":["Diluted EPS of $1.86, down from $3.38 in Q1 2024; operating income fell 40.5% to $70.2M.","Revenue rose 4.3% to $787.6M; operating ratio worsened to 91.1% from 84.4%.","LTL tonnage per workday increased 12.7%, but revenue per hundredweight ex fuel decreased 5.1%.","Cash $16.5M, debt $295.5M (up from $84.1M a year ago); net capex $202.1M in Q1.","FY2025 net capex guidance approximately $650M, subject to market conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-058331","json":"https://secwatch.observer/filing/0000950170-25-058331.json","markdown":"https://secwatch.observer/filing/0000950170-25-058331.md","text":"https://secwatch.observer/filing/0000950170-25-058331.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1177702/000095017025058331/0000950170-25-058331-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1177702/000095017025058331/saia-20250425.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T05:42:32.141438+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}