Q2 26 EPS
$0.29
BEAT +24.09%
Est. $0.23
Q2 26 Revenue
$1.57B
BEAT +2.93%
Est. $1.52B
vs S&P Since Q2 26
-1.9%
TRAILING MARKET
SNDR +1.3% vs S&P +3.2%
Market Reaction
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 … Read more 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
SNDR 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, source: SEC Filings
SNDR Revenue by Segment
With YoY comparisons, source: SEC Filings
“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.”
— Jim Filter, Q2 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
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 BEAT | $0.23 | $0.29 | +24.09% | $1.57B | +2.93% |
| 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% |