ARCB

EX-99.1

2 arcb-ex99d1.htm

EX-99.1

Exhibit 99.1

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Investor Relations Contact: Amy Mendenhall

Media Contact: Autumnn Mahar

Phone: 479-785-6200

Phone: 479-494-8221

Email: invrel@arcb.com

Email: amahar@arcb.com

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ArcBest Announces Third Quarter 2026 Results

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●Third-quarter revenue increased 15% year over year to $1.2 billion, driven by stronger performance across both operating segments

●Disciplined pricing, productivity initiatives, and cost savings from organizational changes contributed to higher earnings and operating margin

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FORT SMITH, Arkansas, November 4, 2026 — ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, announced financial results for the third quarter ended September 30, 2026.

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Third quarter 2026 revenue totaled $1.2 billion, compared to $1.0 billion in the third quarter of 2025. Net income was $51.7 million, or $2.30 per diluted share, compared to $39.3 million, or $1.72 per diluted share, in the prior-year period.

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On a non-GAAP basis, net income was $58.7 million, or $2.62 per diluted share, compared to $33.4 million, or $1.46 per diluted share, in the prior-year period. Non-GAAP results exclude restructuring charges associated with the restructuring plan announced on July 16, 2026, as well as other items described in the attached non-GAAP reconciliation tables.

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“The third quarter reflected the progress we’ve been making across ArcBest and the commitment of our people,” said Seth Runser, ArcBest President and CEO. “Stronger earnings and profitability were driven by disciplined execution, continued momentum in Asset-Light and ongoing savings from actions to simplify our organization and improve efficiency. We also continued to invest in technology and innovation to better serve our customers and support long-term profitable growth.”

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Results of Operations Comparisons

Asset-Based

Third Quarter 2026 Versus Third Quarter 2025

●Revenue of $798.6 million compared to $726.5 million, a per-day increase of 9.9 percent

●Tonnage per day increase of 9.6 percent

●Shipments per day decrease of 3.0 percent

●Billed revenue per shipment increase of 14.2 percent

●Billed revenue per hundredweight increase of 1.1 percent

●Weight per shipment increase of 13.0 percent

●Operating income of $75.6 million and an operating ratio of 90.5 percent, compared to $70.2 million and 90.3 percent

●On a non-GAAP basis, operating income of $76.3 million and an operating ratio of 90.4 percent, compared to $54.4 million and 92.5 percent

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Tonnage growth was driven by higher weight per shipment, reflecting a continued shift in freight profile, partially offset by fewer shipments per day. Revenue per shipment benefited from the heavier freight profile and slightly higher revenue per hundredweight, largely reflecting higher fuel surcharge revenue. Excluding fuel surcharge, revenue per hundredweight decreased in the low single digits.

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Customer contracts and deferred pricing agreements renewed during the third quarter averaged a 5.1 percent increase, and LTL industry pricing remains rational.

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Operating expenses increased due to annual union wage and benefit adjustments, as well as higher fuel and purchased transportation costs.

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Compared to the second quarter of 2026, third quarter daily revenue improved 1.1 percent. Tonnage per day increased 0.6 percent, driven by a 0.6 percent increase in weight per shipment, while daily shipments were flat. Billed revenue per shipment increased 0.9 percent due to the heavier freight profile, while revenue per hundredweight increased less than one percent, both including and excluding fuel surcharge. The non-GAAP operating ratio was in line with second quarter.

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Asset-Light

Third Quarter 2026 Versus Third Quarter 2025

●Revenue of $446.3 million compared to $356.0 million, a per-day increase of 25.4 percent

●Shipments per day increase of 1.2 percent

●Revenue per shipment increase of 23.8 percent

●Purchased transportation expense was 85.0 percent of revenue compared to 84.9 percent

●Operating income of $12.5 million compared to operating loss of $1.6 million

●On a non-GAAP basis, operating income of $14.4 million compared to $1.6 million

●Adjusted earnings before interest, taxes, depreciation and amortization (“Adjusted EBITDA”), as defined in the attached non-GAAP reconciliation tables, of $15.6 million compared to $3.1 million

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Revenue increased primarily due to higher revenue per shipment, reflecting a tightening capacity environment along with modest shipment growth. Revenue growth, combined with disciplined cost management and productivity improvements, drove improved non-GAAP operating income compared to the prior year.

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Compared to the second quarter of 2026, third quarter daily revenue increased 0.9 percent, reflecting a 3.8 percent increase in revenue per shipment, partially offset by a 2.7 percent decrease in daily shipments. Higher revenue per shipment and disciplined cost management resulted in imp

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EX-99.1

2 arcb-20260428xex99d1.htm

EX-99.1

Exhibit 99.1

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​

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Investor Relations Contact: Amy Mendenhall

Media Contact: Autumnn Mahar

Phone: 479-785-6200

Phone: 479-494-8221

Email: invrel@arcb.com

Email: amahar@arcb.com

​

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ArcBest Announces First Quarter 2026 Results

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●Delivered growth in Asset-Based shipments and tonnage and improved Asset-Light profitability

●Returned more than $10 million to shareholders through a balanced capital allocation approach

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FORT SMITH, Arkansas, April 28, 2026 — ArcBest® (Nasdaq: ARCB), a leader in supply chain logistics, announced financial results for the first quarter ended March 31, 2026.

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First quarter 2026 revenue totaled $998.8 million, compared to $967.1 million in the prior-year period. Net loss was $1.0 million, or a loss of $0.05 per diluted share, versus net income of $3.1 million, or $0.13 per diluted share, in the first quarter of 2025. On a non-GAAP basis, net income was $7.2 million, or $0.32 per diluted share, compared to $11.9 million, or $0.51 per diluted share, in the prior year.

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“We began 2026 with growth in Asset-Based shipments and tonnage and continued improvement in Asset-Light profitability,” said Seth Runser, ArcBest President and CEO. “Our teams continue to deliver a premium experience for our customers despite a dynamic and uncertain environment, and their alignment around our strategy and priorities gives us confidence in our ability to execute and deliver on our long-term targets.”

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Results of Operations Comparisons

Asset-Based

First Quarter 2026 Versus First Quarter 2025

●Revenue of $655.0 million compared to $646.3 million, a per-day increase of 2.2 percent

●Tonnage per day increase of 6.5 percent

●Shipments per day increase of 1.8 percent

●Billed revenue per shipment increase of 0.6 percent

●Billed revenue per hundredweight decrease of 3.9 percent

●Weight per shipment increase of 4.6 percent

●Operating income of $17.5 million and an operating ratio of 97.3 percent, compared to $26.4 million and 95.9 percent

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Tonnage growth was driven by higher shipment volumes and an increase in weight per shipment, reflecting changes in freight profile. Revenue per shipment benefited from the higher weight per shipment, partially offset by lower revenue per hundredweight as the freight profile shifted toward heavier shipments.

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Customer contract renewals and deferred pricing agreements averaged a 6.3 percent increase during the first quarter, and LTL industry pricing remains rational.

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Operating expenses increased due to additional labor supporting shipment growth, annual union wage adjustments, increased fuel prices, and higher equipment depreciation.

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On a sequential basis, first quarter daily revenue was down 1.5 percent compared to the fourth quarter of 2025. Tonnage per day increased 1.0 percent, driven by a 2.6 percent increase in weight per shipment, partially offset by a 1.6 percent decline in daily shipments. Billed revenue per shipment increased 1.7 percent due to the heavier freight profile and increased fuel surcharge revenue, offset in part by a modest decline in revenue per hundredweight reflecting the changes in freight profile. The operating ratio increased by 110 basis points, an improvement relative to typical seasonality due in part to a softer-than-normal fourth quarter.

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Asset-Light

First Quarter 2026 Versus First Quarter 2025

●Revenue of $377.7 million compared to $356.0 million, a per-day increase of 7.0 percent

●Shipments per day increase of 9.8 percent

●Revenue per shipment decrease of 2.6 percent

●Purchased transportation expense was 86.2 percent of revenue compared to 85.6 percent

●Operating income of $0.2 million compared to operating loss of $4.4 million

●On a non-GAAP basis, operating income of $2.8 million compared to operating loss of $1.2 million

●Adjusted earnings before interest, taxes, depreciation and amortization (“Adjusted EBITDA”), as defined in the attached non-GAAP reconciliation tables, of $4.2 million compared to $0.2 million

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Revenue increased primarily due to shipment growth led by Managed, which more than offset a strategic reduction in less profitable truckload volumes. Revenue per shipment decreased, as higher rates related to tightening capacity and increased fuel costs were more than offset by the higher mix of Managed business, which typically carries smaller shipment sizes and lower revenue per shipment. Revenue growth combined with productivity improvements drove the operating income in the quarter, compared to a loss in the prior year.

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Compared sequentially to the fourth quarter of 2025, first quarter daily revenue increased 4.3 percent reflecting a 7.4 percent increase in shipments per day, partially offset by a 2.9 percent decline in revenue per shipment. Revenue growth and productivity improvements resulted in non-GAAP operating income, compared to break even in the previous quarter.

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Conference Call

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