Schneider National

SNDR Q4 2025 Earnings

Reported Jan 29, 2026 at 4:06 PM ET · SEC Source

Q4 25 EPS

$0.13

MISS 35.03%

Est. $0.20

Q4 25 Revenue

$1.40B

MISS 3.68%

Est. $1.45B

vs S&P Since Q4 25

+35.3%

BEATING MARKET

SNDR +41.3% vs S&P +6.0%

Full Year 2025 Results

FY 25 EPS

$0.63

MISS 9.55%

Est. $0.70

FY 25 Revenue

$5.67B

MISS 0.94%

Est. $5.73B

Market Reaction

Did SNDR Beat Earnings? Q4 2025 Results

Schneider National delivered a disappointing finish to fiscal 2025, with Q4 earnings and revenue both falling short of Wall Street expectations as a challenging freight environment weighed heavily on results. The trucking and logistics giant posted a… Read more Schneider National delivered a disappointing finish to fiscal 2025, with Q4 earnings and revenue both falling short of Wall Street expectations as a challenging freight environment weighed heavily on results. The trucking and logistics giant posted adjusted diluted EPS of $0.13, missing the $0.20 consensus estimate by 35%, while revenue of $1.40 billion trailed forecasts by 3.71%, despite rising 4.5% year over year. CEO Mark Rourke attributed the shortfall to a confluence of headwinds, including softer market conditions beginning in November, a truncated peak season, spiking third-party carrier capacity costs, and unplanned auto production shutdowns among key customers. The Cowan Systems acquisition, completed in December 2024, helped lift Truckload revenues 9% and operating income 16%, but weakness in Logistics, where operating income plunged 69%, undercut those gains. Amid the results, Schneider also announced a leadership transition, with Jim Filter set to succeed Rourke as CEO on July 1, 2026. Looking ahead, management guided for full-year 2026 adjusted EPS of $0.70 to $1.00, targeting $40 million in additional cost savings and continued volume growth in intermodal and specialty dedicated services.

Key Takeaways

  • Cowan Systems acquisition drove 21% increase in Dedicated volume and 18% increase in Dedicated average truck count
  • Truncated peak season and softer-than-expected demand beginning in November
  • Spiking third-party carrier capacity costs compressed Logistics margins
  • Unplanned auto production shutdowns with certain customers
  • Heightened healthcare costs
  • Intermodal volume grew 3% but revenue per order declined 5%
  • Truckload operating ratio improved 30 basis points to 96.2%
  • Intermodal operating ratio improved 50 basis points to 93.3%
  • Logistics operating ratio deteriorated 180 basis points to 99.2%
24/7 Wall St

SNDR YoY Financials

Q4 2025 vs Q4 2024, source: SEC Filings

24/7 Wall St

SNDR Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“Fourth quarter results fell short of our guidance as a result of softer than expected market conditions beginning in November, particularly for volume, reflecting a very truncated peak season.”

— Mark Rourke, Q4 2025 Earnings Press Release