SAIA INC

For the period ended Dec 31, 2025. Filed Feb 24, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 24, 2026

SAIA$339.48-0.7%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets — December 31, 2025 and 2024

Consolidated Balance Sheets

(in thousands, except share and per share data)

	December 31, 2025	December 31, 2024
ASSETS
Current Assets:
Cash and cash equivalents	$19,720	$19,473
Accounts receivable, less allowances of $5,094 in 2025 and $4,224 in 2024	332,206	322,991
Prepaid expenses	35,809	35,497
Income tax receivable	32,554	44,107
Other current assets	14,267	13,701
Total current assets	434,556	435,769
Property and Equipment, at cost	4,259,438	3,790,069
Less-accumulated depreciation and amortization	1,415,087	1,233,134
Net property and equipment	2,844,351	2,556,935
Operating Lease Right-of-Use Assets	150,301	126,828
Goodwill and Identifiable Intangibles, net	15,589	16,442
Other Noncurrent Assets	37,884	30,883
Total assets	$3,482,681	$3,166,857
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities:
Accounts payable	$107,424	$114,560
Wages, vacation and employees’ benefits	50,723	49,953
Claims and insurance accruals	46,020	43,126
Other current liabilities	32,342	38,036
Current portion of long-term debt	980	5,313
Current portion of operating lease liability	27,895	27,372
Total current liabilities	265,384	278,360
Other Liabilities:
Long-term debt, less current portion	163,000	194,981
Operating lease liability, less current portion	113,119	96,798
Deferred income taxes	284,370	219,062
Claims, insurance and other	79,109	66,385
Total other liabilities	639,598	577,226
Commitments and Contingencies (Note 3)
Stockholders’ Equity:
Preferred stock, $0.001 par value, 50,000 shares authorized, none issued and outstanding	—	—
Common stock, $0.001 par value, 100,000,000 shares authorized, 26,645,402 and 26,598,512 shares issued and outstanding at December 31, 2025 and 2024, respectively	27	27
Additional paid-in-capital	307,605	295,106
Deferred compensation trust, 70,053 and 70,100 shares of common stock at cost at December 31, 2025 and 2024, respectively	(9,088)	(7,981)
Retained earnings	2,279,155	2,024,119
Total stockholders’ equity	2,577,699	2,311,271
Total liabilities and stockholders’ equity	$3,482,681	$3,166,857

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.