ArcBest (ARCB) investor relations material

Executive summary

• Q1 2026 revenue ranged from $998.8 million to $1 billion, with steady demand and shipment growth in both Asset-Based and Asset-Light segments, despite higher costs and macroeconomic uncertainty.

• Non-GAAP net income was $7.2 million ($0.32 per diluted share), while GAAP net loss was $1.0 million ($(0.05) per share), reflecting increased labor and depreciation expenses.

• Digital and AI-driven initiatives, including the launch of ArcBest View, drove operational efficiency and customer experience improvements.

• Over $10 million was returned to shareholders through dividends and share repurchases.

Financial highlights

• Asset-Based revenue was $655 million, with operating ratio at 97.3% and operating income of $17.5 million, down from $26.4 million year-over-year.

• Asset-Light revenue was $378 million, with operating income improving to $0.2 million from a $4.4 million loss, and shipments per day up 9.8%.

• Adjusted EBITDA was $49.4 million, nearly flat year-over-year.

• Cash and cash equivalents decreased to $64.1 million from $102.0 million at year-end 2025.

Outlook and guidance

• 2026 capital expenditures projected at $150–$170 million, with $75–$80 million for revenue equipment and $35–$45 million for real estate and facility upgrades.

• Management expects existing liquidity and credit facilities to be sufficient for ongoing operations and growth.

• Confident in achieving long-term targets, with LTL contract renewals averaging a 6.3% increase in Q1.