Q1 26 EPS
$0.12
BEAT +22.95%
Est. $0.10
Q1 26 Revenue
$1.40B
MISS 1.50%
Est. $1.42B
vs S&P Since Q1 26
+12.3%
BEATING MARKET
SNDR +14.0% vs S&P +1.7%
Market Reaction
Did SNDR Beat Earnings? Q1 2026 Results
Schneider National, Inc. Posted a mixed first quarter for fiscal 2026, delivering an earnings beat against a backdrop of persistent freight market softness and near-flat revenues. The Green Bay-based carrier reported adjusted diluted EPS of $0.12, cl… Read more Schneider National, Inc. Posted a mixed first quarter for fiscal 2026, delivering an earnings beat against a backdrop of persistent freight market softness and near-flat revenues. The Green Bay-based carrier reported adjusted diluted EPS of $0.12, clearing the $0.10 consensus estimate by 22.95%, though revenue of $1.40 billion came in 1.50% below expectations and was essentially unchanged year-over-year, slipping just 0.2%. The primary drag on profitability was broad-based segment weakness, with Truckload operating income falling 20% to $20.20 million as higher maintenance costs and lower equipment sale gains pressured margins, pushing the segment's operating ratio to 96.7%. A meaningful bright spot was free cash flow, which swung to $48.10 million from negative $5.40 million a year ago, supported by sharply reduced capital expenditures. Management held its full-year 2026 adjusted EPS guidance of $0.70 to $1.00, while acknowledging growing macro uncertainty and flagging demand as the critical variable for the pace of freight market recovery. The company also declared a $0.10 per share quarterly dividend, payable July 10.
Key Takeaways
- • Improved Network productivity and revenue per truck per week
- • Higher maintenance costs and lower gains on sale of assets pressured Truckload margins
- • Increased fuel expense and fuel volatility weighed on results
- • Lower brokerage volume drove Logistics revenue decline
- • Intermodal revenue per order declined 4% due to shorter length of haul
- • Headcount reduction actions lowered salaries and wages
- • Substantially reduced transportation equipment purchases improved free cash flow
- • Disruptive weather impacted Q1 operations
SNDR Forward Guidance & Outlook
Schneider maintained full-year 2026 adjusted diluted EPS guidance of $0.70 to $1.00 and net capital expenditures of $400-$450 million, assuming a full-year effective tax rate of approximately 24.0%. CFO Darrell Campbell noted that Q1 results were in-line with expectations despite fuel volatility and weather disruption, and expressed confidence that 2026 will see benefits from cost initiatives and supply rationalization. However, management flagged growing macro uncertainty, noting that demand remains a critical swing factor for the pace and magnitude of freight market improvement.
SNDR YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
SNDR Revenue by Segment
With YoY comparisons, source: SEC Filings
“In the first quarter, we saw the impact of structural supply rationalization which is driving the market toward more normal conditions. Strong execution on our cost and productivity actions, as well as the benefits of operating a diverse, nimble portfolio, allowed us to capitalize on opportunities and effectively navigate a quarter marked by disruptive weather and fuel volatility.”
— Mark Rourke, Q1 2026 Earnings Press Release
SNDR Earnings Trends
SNDR vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
SNDR EPS Trend
Earnings per share: estimate vs actual
SNDR Revenue Trend
Quarterly revenue: estimate vs actual
SNDR Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $0.10 | $0.12 | +22.95% | $1.40B | -1.50% |
| Q4 25 MISS FY | $0.20 | $0.13 | -35.03% | $1.40B | -3.68% |
| FY Full Year | $0.70 | $0.63 | -9.55% | $5.67B | -0.94% |
| Q3 25 MISS | $0.20 | $0.12 | -41.29% | $1.45B | +1.48% |
| Q2 25 BEAT | $0.20 | $0.21 | +3.91% | $1.42B | +0.73% |
| Q1 25 BEAT | $0.14 | $0.16 | +15.27% | $1.40B | -0.60% |