Knight-Swift Transportation Holdings Inc.KNX
What Knight-Swift Transportation Holdings Inc. does.
Certain acronyms and terms used throughout this Annual Report are specific to our company, commonly used in our industry, or are otherwise frequently used throughout our document. Definitions for these acronyms and terms are provided in the "Glossary of Terms," available in the front of this document.
Knight-Swift Transportation Holdings Inc. is one of North America's largest and most diversified freight transportation companies, providing multiple full truckload, LTL, intermodal, and other complementary services. Our objective is to operate our business with industry-leading margins, continued organic growth and growth through acquisitions while providing safe, high-quality, cost-effective solutions for our customers. Knight-Swift uses a nationwide network of business units and terminals in the US and Mexico to serve customers throughout North America. In addition to operating one of the country's largest truckload fleets, Knight-Swift also contracts with third-party carriers to provide a broad range of transportation services to our customers while creating quality driving jobs for our driving associates and successful business opportunities for independent contractors.
During 2025, we covered 1.8 billion loaded miles for shippers throughout North America, contributing to consolidated total revenue of $7.5 billion and consolidated operating income of $216.1 million. During 2025, the Truckload segment operated an average of 21,428 tractors (comprised of 19,395 company tractors and 2,033 independent contractor tractors) and 84,851 trailers. Our LTL segment operated an average of 4,164 tractors and 11,057 trailers. Additionally, the Intermodal segment operated an average of 595 tractors and 12,539 intermodal containers. Our four reportable segments are Truckload, LTL, Logistics, and Intermodal.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $4.7B | $6.0B | $7.4B | $7.1B | $7.4B | $7.5B |
| Net income | $410.0M | $743.4M | $771.3M | $217.1M | $117.6M | $65.9M |
| Free cash flow | — | — | — | — | — | — |
More on KNX.
- Knight-Swift Transportation Holdings Inc. summary
- Knight-Swift Transportation Holdings Inc. financial statements
- Knight-Swift Transportation Holdings Inc. key metrics
- Knight-Swift Transportation Holdings Inc. health scores and style box
- Knight-Swift Transportation Holdings Inc. earnings
- Knight-Swift Transportation Holdings Inc. dividends
- Knight-Swift Transportation Holdings Inc. valuation
- Knight-Swift Transportation Holdings Inc. ownership and insiders
- Knight-Swift Transportation Holdings Inc. peers
Figures from Knight-Swift Transportation Holdings Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.