---
schema_version: "secwatch.filing_event.v1"
accession: "0001492691-25-000037"
form_type: "8-K"
ticker: "KNX"
cik: "0001492691"
company_name: "Knight-Swift Transportation Holdings Inc."
filed_at: "2025-04-23T23:59:59+00:00"
generated_at: "2026-05-23T08:01:52.794330+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.82
calibrated_materiality_score: 0.82
confidence: "high"
source: SEC EDGAR
---

# Knight-Swift Q1 GAAP EPS $0.19 vs ($0.02); cuts Q2 guidance to $0.30-$0.38

## Summary
- Revenue $1.82B (+0.1% YoY); Adjusted EPS $0.28 vs $0.12; operating income $66.7M (+224%).
- Truckload Adjusted OR 95.6% (170bps YoY improvement); US Xpress posts first quarterly operating profit since acquisition.
- LTL revenue ex-fuel +26.7% YoY; Adjusted OR 94.2% as start-up costs weigh.
- Q2 2025 guidance cut to $0.30-$0.38 Adjusted EPS vs prior $0.46-$0.50; no Q3 guidance due to tariff uncertainty.
- Quarterly dividend raised to $0.18 from $0.16; net capex guided $575M-$625M for FY2025.

## SEC filing metadata
- accession: 0001492691-25-000037
- form_type: 8-K
- ticker: KNX
- cik: 0001492691
- company_name: Knight-Swift Transportation Holdings Inc.
- filed_at: 2025-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.82
- calibrated_materiality_score: 0.82
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1492691/000149269125000037/0001492691-25-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1492691/000149269125000037/knx-20250423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001492691-25-000037
- JSON: https://secwatch.observer/filing/0001492691-25-000037.json
- Plain text: https://secwatch.observer/filing/0001492691-25-000037.txt

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