Earnings ·
ArcBest Corporation reported unaudited second quarter 2026 results on July 29, 2026
ARCBArcbest Corp
ArcBest Corporation reported unaudited second quarter 2026 results on July 29, 2026. Consolidated revenue increased 15.8% year-over-year to $1.2 billion. The company reported a GAAP net loss of $13.8 million, or $0.62 per diluted share, compared to net income of $25.8 million in the prior year period. On a non-GAAP basis, net income was $53.6 million, or $2.38 per diluted share, excluding impairment and restructuring charges associated with a plan announced on July 16, 2026. Asset-Based revenue grew to $783.7 million with an operating ratio of 90.5%, while Asset-Light revenue rose to $438.7 million but posted an operating loss of $31.3 million due to restructuring and impairment charges. The company also announced a restructuring plan expected to generate approximately $40 million in annualized run-rate cost savings. ArcBest Corporation operates as an integrated logistics provider offering supply chain solutions including less-than-truckload, truckload brokerage, and managed services.