Companies /Industrials

Schneider National Inc - Class B

NYSE: SNDR Trucking
$33.58
▼ $0.03 (−0.09%) today
Markets closed · 7:28am ET

Q2 2026 Earnings

Reported Jul 30, 2026, 4:07pm ET · SEC source
$0.29
Beat +24.09%
EPS · est. $0.23
$1.6B
Beat +2.93%
Revenue · est. $1.5B
−7.9%
Trailing market
SNDR vs S&P since report
2 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
0+3%+6%Jul 30Jul 31report 4:07pm ETearnings+0.7%+4.7%
0+3%+6%Jul 30Jul 31earnings+0.7%+4.7%
SNDR +4.7%S&P 500 +0.7%
0+3%+6%Jul 30Jul 31report 4:07pm ETearnings+0.6%+4.7%
0+3%+6%Jul 30Jul 31earnings+0.6%+4.7%
SNDR +4.7%NASDAQ +0.6%
0+3%+6%Jul 29Aug 7report 4:07pm ETearnings+4.2%+4.4%
0+3%+6%Jul 29Aug 7earnings+4.2%+4.4%
SNDR +4.4%S&P 500 +4.2%
−4%0+4%+8%Jul 29Aug 7report 4:07pm ETearnings+5.4%+4.4%
−4%0+4%+8%Jul 29Aug 7earnings+5.4%+4.4%
SNDR +4.4%NASDAQ +5.4%
+4.69%
Day of report
−2.32%
Next session
−0.31%
One week
−5.96%
30 days

S&P 500 over the same 30 days: +1.97%.

Did SNDR Beat Earnings? Q2 2026 Results

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.

Key Takeaways
  • 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

Forward Guidance & 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

Q2 2026 vs Q2 2025 · SEC filings Q2 2025 Q2 2026
$0$500.0M$1.0B$1.5B$1.4B$1.6BRevenue$55.0M$71.4MOperating Income$36.0M$49.7MNet Income
$0$500.0M$1.0B$1.5BRevenueOperating IncomeNet Income

SNDR Revenue by Segment

Truckload$627.6M+1.0%
Dedicated$430.9M−2.2%
Logistics$376.1M+11.0%
Intermodal$262.0M−1.0%
Network$196.6M+8.1%
Other

Figures from SEC filings and company reports. Not investment advice.