Earnings Releases·Nov 12, 2026, 5:03 PM ET

Proficient Auto Logistics — Third Quarter 2026 Earnings Summary

Q3 2026 revenue rose 30.3% to $149.0 million and unit deliveries increased 38.6% to 839,036, yet the company reported a $3.9 million operating loss and $0.3 million adjusted operating income, a significant decline from Q3 2025's $0.1 million loss and $4.2 million adjusted income.
Full-year synergy targets have been raised to $20–$30 million, with management expecting to achieve the high end of the initial $6–$10 million range by year-end 2026, while the Hansen & Adkins integration is on schedule for substantial completion by Q1 2027.
Capital return activity included $1.1 million in share repurchases under a $15 million authorized program, while cash reserves declined to $11.8 million and net debt stood at approximately $128.8 million as of September 30, 2026.
Operating margins were pressured by elevated cost inflation and fuel surcharge limitations that reduced the operating ratio by an estimated 200–250 basis points, alongside a 10.3% year-over-year decline in revenue per unit driven by portfolio mix changes.