---
schema_version: "secwatch.filing_event.v1"
accession: "0001492691-23-000042"
form_type: "8-K"
ticker: "KNX"
cik: "0001492691"
company_name: "Knight-Swift Transportation Holdings Inc."
filed_at: "2023-04-20T23:59:59+00:00"
generated_at: "2026-06-16T22:28:09.149920+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Knight-Swift Q1 EPS $0.64, revenue -10.4%; slashes FY Adj EPS guidance to $3.35-$3.55

## Summary
- GAAP EPS $0.64 vs $1.25 YoY; Adjusted EPS $0.73 vs $1.35; revenue $1.64B down 10.4%.
- Truckload Adjusted OR worsened to 86.6% from 78.2%; insurance charges $8.5M.
- Full-year 2023 Adjusted EPS guidance cut to $3.35-$3.55 from prior $4.05-$4.25.
- U.S. Xpress acquisition ($808M EV) expected to close early Q3 2023.
- Dividend increased to $0.14/share; free cash flow $144.2M in Q1.

## SEC filing metadata
- accession: 0001492691-23-000042
- form_type: 8-K
- ticker: KNX
- cik: 0001492691
- company_name: Knight-Swift Transportation Holdings Inc.
- filed_at: 2023-04-20T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1492691/000149269123000042/0001492691-23-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1492691/000149269123000042/knx-20230420.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001492691-23-000042
- JSON: https://secwatch.observer/filing/0001492691-23-000042.json
- Plain text: https://secwatch.observer/filing/0001492691-23-000042.txt

## Key facts
- Earnings Releases
  Knight-Swift Transportation Holdings Inc. reported financial results for for the quarter ended March 31, 2023.
  - Period: for the quarter ended March 31, 2023
  - Result: reported results
  source text: On April 20, 2023 , Knight-Swift Transportation Holdings Inc. (the "Company") issued a press release (the "Press Release") announcing its financial results for the quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1492691/000149269123000042/0001492691-23-000042-index.htm

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