Schneider National

SNDR Q2 2025 Earnings

Reported Jul 31, 2025 at 9:03 AM ET · SEC Source

Q2 25 EPS

$0.21

BEAT +3.91%

Est. $0.20

Q2 25 Revenue

$1.42B

BEAT +0.73%

Est. $1.41B

vs S&P Since Q2 25

+26.3%

BEATING MARKET

SNDR +44.2% vs S&P +17.9%

Market Reaction

Did SNDR Beat Earnings? Q2 2025 Results

Schneider National delivered a modest but clean beat in Q2 2025, posting adjusted diluted EPS of $0.21 against a consensus estimate of $0.20, a 3.91% positive surprise, while revenue of $1.42 billion edged past the $1.41 billion estimate and climbed … Read more Schneider National delivered a modest but clean beat in Q2 2025, posting adjusted diluted EPS of $0.21 against a consensus estimate of $0.20, a 3.91% positive surprise, while revenue of $1.42 billion edged past the $1.41 billion estimate and climbed 7.9% year over year. The primary engine behind the revenue growth was the Truckload segment, where the late-2024 Cowan Systems acquisition helped drive a 15% revenue gain and a 31% jump in operating income to $40.10 million, with dedicated truck count surging 27% and the operating ratio improving 70 basis points to 93.6%. Intermodal added to the positive momentum with a 5% volume increase and a 10% rise in operating income, while Logistics lagged as brokerage pressure pushed operating income down 29%. Management narrowed its full-year 2025 adjusted EPS guidance to $0.75 to $0.95, trimming the prior top end of $1.00, citing ongoing uncertainty around trade and regulatory policy. The company also declared a quarterly dividend of $0.10 per share, reinforcing its commitment to returning capital alongside an active share repurchase program.

Key Takeaways

  • Cowan Systems acquisition driving 23% increase in Dedicated volume and 27% growth in Dedicated average truck count
  • Truckload segment operating income up 31% with 70 basis point operating ratio improvement to 93.6%
  • Intermodal volume growth of 5% with wins more than offsetting trade policy impacts
  • Lower purchased transportation costs contributing to Intermodal earnings growth
  • Productivity initiatives and rate discipline in Truckload
  • Revenue per truck per week increased 1% year over year to $3,964
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SNDR YoY Financials

Q2 2025 vs Q2 2024, source: SEC Filings

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SNDR Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“We delivered another quarter of earnings growth driven by solid execution, particularly in our Truckload and Intermodal segments. The second quarter saw consistent demand trends with some seasonal patterns emerging, though less pronounced than usual, despite ongoing economic uncertainty.”

— Mark Rourke, Q2 2025 Earnings Press Release