8-K
filed May 7, 2026, 7:59 PM ET
ticker PAL
CIK 0001998768
earnings
confidence high
sentiment negative
materiality 0.75
Proficient Auto Logistics Q1 revenue $93.7M, operating loss widens to $6.9M
Proficient Auto Logistics, Inc
2026-Q1 EPS reported
-$0.23
revenue$93,689,669
- Total operating revenue $93.7M, down 1.6% YoY; units delivered 501,850, up 1.5%.
- Operating loss of $6.9M vs $2.4M loss in Q1 2025; adjusted operating loss $3.2M vs $1.2M income.
- Adjusted operating ratio worsened to 103.4% from 98.7% in prior year.
- CEO cites lower volumes, weather disruptions, and fuel cost headwinds; expects improved Q2.
- Proposal to amend certificate of incorporation failed to receive required 66 2/3% vote at annual meeting.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
Proficient Auto Logistics, Inc reported the three months ended March 31, 2026 results: revenue Total Operating Revenue of $93.7 million.
- Period
- the three months ended March 31, 2026
- Revenue
- Total Operating Revenue of $93.7 million
- Result
- reported results
Exact text from the filing
PAL) (the “Company” or “Proficient”) today reported its financial results for the three months ended March 31, 2026. First Quarter 2026 Summary Total Operating Revenue of $93.7 million, decreased (1.6%) from Q1 2025 Total Operating Loss of ($6.9) million, versus ($2.4) million in Q1 2025 Adjusted Operating Income (1) (Loss) of ($3.2) million, versus $1.2
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Proficient Auto Logistics, Inc shareholders rejected Amendment of the Company’s Third Amended and Restated Certificate of Incorporation. at the 2026-05-06 meeting.
- Proposal
- charter amendment
- Outcome
- failed
- Meeting
- 2026-05-06
Exact text from the filing
PROPOSAL 3 The amendment of the Company’s Third Amended and Restated Certificate of Incorporation. Proposal 3 failed to receive the affirmative vote of the holders of sixty-six and two-thirds (66 2/3%) of the outstanding shares of the Company’s common stock entitled to vote at the Annual Meeting, as such, the proposal was not passed. SHARES For: 18,005,077 Against: 861 Abstain: 0 Broker Non-Votes: 6,893,326
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Proficient Auto Logistics, Inc shareholders approved Election of directors to serve until the 2027 Annual Stockholders Meeting. at the 2026-05-06 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2026-05-06
Exact text from the filing
PROPOSAL 1 Election of directors to serve until the 2027 Annual Stockholders Meeting. NOMINEE FOR WITHHELD BROKER NON-VOTES Richard O’Dell 15,531,094 2,474,846 6,893,326 Charles A. Alutto 16,811,139 1,194,801 6,893,326 Douglas L. Col 17,926,040 79,900 6,893,326 Brenda Frank 17,634,722 371,218 6,893,326 James B. Gattoni 17,979,745 26,195 6,893,326 Rohit Lal 17,968,355 37,585 6,893,326 Steve F. Lux 17,985,280 20,660 6,893,326 John F. Schraudenbach 17,519,304 486,636 6,893,326
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Proficient Auto Logistics, Inc shareholders approved Ratification of the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. at the 2026-05-06 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2026-05-06
Exact text from the filing
PROPOSAL 2 The ratification of the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. SHARES For: 24,893,308 Against: 5,958 Abstain: 0
View on SEC.gov
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