---
schema_version: "secwatch.filing_event.v1"
accession: "0001492691-24-000005"
form_type: "8-K"
ticker: "KNX"
cik: "0001492691"
company_name: "Knight-Swift Transportation Holdings Inc."
filed_at: "2024-01-24T23:59:59+00:00"
generated_at: "2026-06-06T19:13:15.613900+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Knight-Swift Q4 net loss of $10.7M; insurance exit; truckload OR 93.9%

## Summary
- GAAP diluted EPS ($0.07) vs $0.92 YoY; adjusted EPS $0.09 vs $1.00, including $0.30 negative from insurance loss.
- Third-party insurance incurred $71.7M operating loss; company decided to exit by end of Q1 2024.
- Truckload adjusted OR worsened to 93.9% from 82.7%; U.S. Xpress achieved positive adjusted operating income.
- LTL adjusted OR held at 85.5% with 13.8% revenue growth ex-fuel; 15 terminals to be added.
- Q1 2024 adjusted EPS guided $0.37-$0.41; Q2 2024 guided $0.53-$0.57; FY 2024 capex $625-$675M.

## SEC filing metadata
- accession: 0001492691-24-000005
- form_type: 8-K
- ticker: KNX
- cik: 0001492691
- company_name: Knight-Swift Transportation Holdings Inc.
- filed_at: 2024-01-24T23:59:59+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/1492691/000149269124000005/0001492691-24-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1492691/000149269124000005/knx-20240124.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001492691-24-000005
- JSON: https://secwatch.observer/filing/0001492691-24-000005.json
- Plain text: https://secwatch.observer/filing/0001492691-24-000005.txt

## Key facts
- Earnings Releases
  Knight-Swift Transportation Holdings Inc. reported the quarter ended December 31, 2023 results: revenue $1,931,919, net income $(10,655), EPS $(0.07).
  - Period: the quarter ended December 31, 2023
  - Revenue: $1,931,919
  - Net income: $(10,655)
  - EPS: $(0.07)
  - Result: reported results
  source text: using a normalized 24.3% effective tax rate for the quarter. Quarter Ended December 31, 1 2023 2022 Change (Dollars in thousands, except per share data) Total revenue $ 1,931,919 $ 1,743,623 10.8 % Revenue, excluding truckload and LTL fuel surcharge $ 1,692,179 $ 1,515,774 11.6 % Operating income $ 18,280 $ 202,523 (91.0) % Adjusted Operating Income 2 $
  evidence_url: https://www.sec.gov/Archives/edgar/data/1492691/000149269124000005/0001492691-24-000005-index.htm

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