Knight-Swift Transportation Holdings Inc.
For the period ended Jun 30, 2026. Filed Jul 29, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Jul 29, 2026
KNX$61.45+5.2%Stored close · as of Nov 9, 2026
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Glossary of Terms
Table of Contents
| GLOSSARY OF TERMS | |
|---|---|
| The following glossary defines certain acronyms and terms used in this Quarterly Report on Form 10-Q. These acronyms and terms are specific to our company, commonly used in our industry, or are otherwise frequently used throughout our document. | |
| Term | Definition |
| Knight-Swift/the Company/Management/We/Us/Our | Unless otherwise indicated or the context otherwise requires, these terms represent Knight-Swift Transportation Holdings Inc. and its subsidiaries. |
| 2017 Merger | The September 8, 2017 merger of Knight Transportation, Inc. and its subsidiaries and Swift Transportation Company and its subsidiaries, pursuant to which we became Knight-Swift Transportation Holdings Inc. |
| 2025 Debt Agreement | The Company's unsecured credit agreement, entered into on July 8, 2025, consisting of the 2025 Revolver and 2025 Term Loans, which are defined below |
| 2021 Prudential Notes | Third amended and restated note purchase and private shelf agreement, entered into on September 3, 2021 by ACT with unrelated financial entities |
| 2025 Revolver | Revolving line of credit under the 2025 Debt Agreement, maturing on July 8, 2030 |
| 2025 Term Loans | The Company's term loans under the 2025 Debt Agreement, collectively consisting of the 2025 Term Loan A-1 and 2025 Term Loan A-2 |
| 2025 Term Loan A-1 | The Company's term loan under the 2025 Debt Agreement, maturing on July 8, 2030 |
| 2025 Term Loan A-2 | The Company's term loan under the 2025 Debt Agreement, maturing on January 8, 2027 |
| 2025 RSA | Eighth Amendment to the Amended and Restated Receivables Sales Agreement, entered into on October 1, 2025 by Swift Receivables Company II, LLC with unrelated financial entities |
| 2025 RPA | The Receivables Purchase Agreement, entered into on December 31, 2025 by Swift Receivables Company II, LLC with unrelated financial entities |
| 2031 Notes | The Company's $1.5 billion aggregate principal amount of 1.00% Convertible Senior Notes due 2031 |
| 2031 Notes Indenture | The indenture related to the 2031 Notes dated May 8, 2026 between the Company and U.S. Bank Trust Company, National Association, as trustee |
| 2026 Capped Calls | The Company's privately negotiated capped call transactions with certain of the initial purchasers of the 2031 Notes or their respective affiliates and other financial institutions |
| Abilene | Abilene Motor Express, LLC and its related entities |
| ACT or AAA Cooper | AAA Cooper Transportation, and its affiliated entity |
| ACT Acquisition | The Company's acquisition of 100% of the securities of ACT on July 5, 2021 |
| ASC | Accounting Standards Codification |
| ASU | Accounting Standards Update |
| Board | Knight-Swift's Board of Directors |
| DHE | The non-union regional LTL division of Dependable Highway Express, Inc. |
| DHE Acquisition | The acquisition by one of the Company's wholly owned subsidiaries of the operating assets and assumption of certain liabilities of DHE on July 30, 2024 |
| EPS | Earnings Per Share |
| ESPP | Knight-Swift Transportation Holdings Inc. Amended and Restated 2012 Employee Stock Purchase Plan |
| GAAP | United States Generally Accepted Accounting Principles |
| IRS | Internal Revenue Service |
| LTL | Less-than-truckload |
| MME | MME, Inc. and its subsidiary, Midwest Motor Express, Inc. |
| Quarterly Report | Quarterly Report on Form 10-Q |
| RSU | Restricted Stock Unit |
| SEC | United States Securities and Exchange Commission |
| SOFR | Secured overnight financing rate as administered by the Federal Reserve Bank of New York |
| US | The United States of America |
| U.S. Xpress | U.S. Xpress Enterprises, Inc. and its subsidiaries |
| U.S. Xpress Acquisition | The Company's acquisition of 100% of the securities of U.S. Xpress on July 1, 2023 |
| UTXL | UTXL Enterprises, Inc. |
PART I FINANCIAL INFORMATION
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.