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PAMT 3Q 2026: Revenue $162.55M, EPS ($0.38) — 10-Q Summary

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PAMT’s third-quarter revenue rose year over year, while its net loss widened. Higher brokerage and logistics revenue and improved pricing spreads were offset by flat truckload revenue, higher driver compensation and recruiting costs, and lower gains on equipment sales; marketable-securities losses also weighed on results.

Financial Highlights

MetricCurrent quarterPrior year quarterYoY change
Revenue¹$162.55M$150.26M8.2%
Net income²($8.06M)($5.59M)(44.2%)
Diluted EPS³($0.38)($0.27)(40.7%)

¹ Reported as “Total operating revenues”. ² Reported as “NET LOSS”. ³ Reported as “Diluted”.

Business Highlights

  • Truckload: Revenue before fuel surcharges was flat at $91.2M; a 6.3% higher average rate per mile and 2.8% greater utilization were offset by 3.8% fewer manned trucks.
  • Brokerage and logistics: Revenue before fuel surcharges increased 7.3% to $44.8M, driven by a 23.8% increase in average revenue per load.
  • Operating ratio: Truckload services’ ratio increased to 109.1% from 106.7%; brokerage and logistics’ ratio improved to 92.6% from 99.1%.
  • Equipment dispositions: Gains fell to $0.3M from $4.0M; the company disposed of approximately 170 fewer trucks than in the year-earlier quarter.

Original SEC Filing: PAMT CORP [ PAMT ] - 10-Q - Nov. 06, 2026

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