Saia Q3 EPS $3.22 ($2.81 adj) vs $3.46 YoY; revenue flat at $839.6M

SAIA INC

2025-Q3 EPS reported $7.75 revenue$2,444,334,000

Diluted EPS $3.22, adjusted EPS $2.81 (ex. real estate gain) vs $3.46 in Q3 2024.
Revenue $839.6M (-0.3%); operating income $118.6M (-5.2%); adjusted OI $104.1M (-16.8%).
Operating ratio 85.9% (adj. 87.6%) vs 85.1%; LTL shipments per workday -1.9%, tonnage -1.5%.
Net capex YTD $446.1M vs $873.2M; FY2025 capex expected $550-600M; cash $35.5M, debt $219.2M.

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