Earnings Releases·Nov 4, 2026, 6:01 AM ET

ArcBest — Third Quarter 2026 Earnings Summary

Consolidated revenue rose 15% year-over-year to $1.2 billion, while net income increased to $51.7 million ($2.30 per share) from $39.3 million ($1.72 per share) in the prior year; non-GAAP net income reached $58.7 million ($2.62 per share).
The Asset-Light segment achieved profitability with $12.5 million in operating income (up from a $1.6 million loss), driven by a 25.4% revenue increase, while the Asset-Based segment reported $75.6 million in operating income with a 90.5% operating ratio.
Balance sheet strength improved with cash and cash equivalents growing to $184.9 million and total long-term debt decreasing to $106.3 million; the company also executed $34.8 million in treasury stock purchases and paid $8.0 million in dividends over the nine-month period.
Strategic initiatives included $85.3 million in asset impairment charges for the nine months related to Vaux and Panther brand consolidation, alongside $4.3 million in restructuring charges for organizational realignment.
Management cited disciplined execution and a 5.1% average increase in renewed customer contracts as key drivers, noting rational industry pricing and continued investment in technology to support long-term growth.