Schneider National (SNDR) Q2 2026 Earnings
How Did SNDR Stock React to Q2 2026 Earnings?
S&P 500 over the same 30 days: +1.97%.
Did SNDR Beat Earnings? Q2 2026 Results
Yes. Schneider National reported Q2 2026 earnings of $0.29 a share on Jul 30, 2026, beating the $0.23 consensus estimate by 24.1%. Revenue was $1.6B against a $1.5B estimate.
Schneider National, Inc. delivered a notably strong second quarter of 2026, posting adjusted diluted EPS of $0.29 against a consensus estimate of $0.23, a beat of 24.09%, as improving freight market conditions and years of disciplined cost reduction combined to lift results across the board. Revenue climbed 10.4% year over year to $1.57 billion, topping the $1.52 billion consensus by 2.93%, with the company's Logistics segment standing out as a particular bright spot, growing revenues 11% and surging operating income 53%. The most material driver of the quarter's outperformance, according to CEO Jim Filter, was non-compliant capacity exiting the market more quickly than anticipated, which accelerated pricing improvements in the most capacity-constrained areas of the industry. Income from operations rose 30% to $71.40 million, while net income climbed 38% to $49.70 million. Reflecting its confidence in continued freight market normalization, Schneider raised its full-year 2026 adjusted diluted EPS guidance to $0.90-$1.10 from $0.70-$1.00, and simultaneously declared a $0.10 quarterly dividend per share.
- Improved Network price and productivity driving Truckload earnings
- Non-compliant capacity exiting the market benefiting pricing faster than expected
- Fuel surcharge recovery across segments
- Higher gains on sales of equipment in Truckload and Intermodal
- Higher revenue per order in Logistics
- Cost reduction and productivity actions implemented over prior years
- Equipment utilization improvements in Truckload
“In the second quarter, we delivered strong earnings improvement, driven by the combined impact of the disciplined revenue management, cost reduction, and productivity actions implemented over the past several years which enabled the enterprise to capitalize on improving market conditions.”
Schneider National CEO, on the earnings call
What Is Schneider National's Outlook?
Schneider raised its full-year 2026 adjusted diluted EPS guidance to $0.90-$1.10, up from the prior range of $0.70-$1.00, based on Q2 results and expectations that capacity rationalization will continue supporting freight conditions. Net capital expenditures guidance was lowered to $350-$400 million from $400-$450 million, primarily due to reduced trailing equipment spending. The company assumes a full-year effective tax rate of approximately 24.0%. Guidance incorporates a range of outcomes related to demand and driver capacity for the second half of the year.
SNDR YoY Financials
| Metric | Q2 2026 | Q2 2025 | Year over year |
|---|---|---|---|
| Revenue | $1.6B | $1.4B | +10.4% |
| Operating Income | $71.4M | $55.0M | +29.8% |
| Net Income | $49.7M | $36.0M | +38.1% |
SNDR Revenue by Segment
When Does Schneider National Report Next?
Figures from SEC filings and company reports. Not investment advice.