---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-257441"
form_type: "8-K"
ticker: "SAIA"
cik: "0001177702"
company_name: "SAIA INC"
filed_at: "2025-10-30T23:59:59+00:00"
generated_at: "2026-05-17T01:14:59.933301+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-257441
- form_type: 8-K
- ticker: SAIA
- cik: 0001177702
- company_name: SAIA INC
- filed_at: 2025-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1177702/000119312525257441/0001193125-25-257441-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1177702/000119312525257441/saia-20251030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-257441
- JSON: https://secwatch.observer/filing/0001193125-25-257441.json
- Plain text: https://secwatch.observer/filing/0001193125-25-257441.txt

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