secwatch.observer — SEC 8-K summary
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Issuer:     SAIA INC (SAIA)
CIK:        0001177702
Form:       8-K
Filed at:   2026-04-30T23:59:59+00:00
Accession:  0001193125-26-194062
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Saia Q1 EPS flat at $1.86; revenue up 2.4% to $806.2M; op ratio worsens
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- Revenue $806.2M (+2.4%); operating income $66.8M (-4.8%); operating ratio 91.7% vs 91.1%.
- LTL shipments per workday +1.0%, tonnage -2.1%; rev/cwt ex-fuel +1.9%, rev/shipment ex-fuel -1.2%.
- Cash $39.2M, total debt $112.8M; net capex $63.7M in Q1 vs $202.1M year ago.
- Capital expenditure guidance maintained at $350M-$400M for full year 2026.
- Claims ratio improved to 0.5%; shipments grew in both legacy and ramping terminals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1177702/000119312526194062/0001193125-26-194062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1177702/000119312526194062/saia-20260430.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-194062

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