---
schema_version: "secwatch.filing_event.v1"
accession: "0001492691-25-000056"
form_type: "8-K"
ticker: "KNX"
cik: "0001492691"
company_name: "Knight-Swift Transportation Holdings Inc."
filed_at: "2025-07-23T23:59:59+00:00"
generated_at: "2026-05-18T03:20:10.693949+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Knight-Swift Q2 GAAP EPS $0.21, Adj EPS $0.35; Truckload margins improve 260 bps

## Summary
- Total revenue $1.86B (+0.8% YoY); operating income $72.6M (+14.4%); Adj Op Ratio 93.8%.
- Truckload segment Adj Op Ratio 94.6% (improved 260 bps) on cost-per-mile reductions.
- LTL segment Adj Op Ratio 93.1% (worsened 720 bps) due to DHE integration and new facility costs.
- Q3 2025 guidance: Adj EPS $0.36-$0.42, assuming stable market conditions and limited seasonality.
- Full-year net cash capex guidance reduced to $525M-$575M from prior $575M-$625M.

## SEC filing metadata
- accession: 0001492691-25-000056
- form_type: 8-K
- ticker: KNX
- cik: 0001492691
- company_name: Knight-Swift Transportation Holdings Inc.
- filed_at: 2025-07-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1492691/000149269125000056/0001492691-25-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1492691/000149269125000056/knx-20250723.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001492691-25-000056
- JSON: https://secwatch.observer/filing/0001492691-25-000056.json
- Plain text: https://secwatch.observer/filing/0001492691-25-000056.txt

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