Saia Posts Record Q3 Revenue, Announces $250 Million Share Repurchase Authorization

Saia reported record third-quarter revenue of $982.5 million and authorized repurchases of up to $250 million of its common stock.

Key Highlights:

• Revenue rose 17.0% year over year, supported by 8.9% tonnage growth and a 5.8% increase in revenue per shipment excluding fuel surcharge.
• Diluted EPS increased 21.4% to $3.41; the 87.6% operating ratio matched the prior-year adjusted result.
• The board authorized up to $250 million in stock repurchases, giving Saia another way to return capital when market conditions and investment priorities allow.
• Management expects Q4 operating-ratio improvement of about 200 basis points sequentially and more than 200 basis points year over year, based on current trends.
• Saia reported a company-record-low cargo claims ratio of 0.3% and said its REV initiative improved transit times in more than 2,000 lanes.

Original SEC Filing: SAIA INC [ SAIA ] - 8-K - Nov. 04, 2026