Schneider National, Inc.
For the period ended Jun 30, 2025. Filed Jul 31, 2025.
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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, 2025 · Filed Jul 31, 2025
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Revenue Recognition
- REVENUE RECOGNITION
Disaggregated Revenues
The majority of our revenues are related to transportation and have similar characteristics. Beginning on December 2, 2024, Cowan revenues are included in Transportation revenues, consistent with our other Truckload and Logistics segments.
The following table summarizes our revenues by type of service.
| Three Months EndedJune 30, | Six Months EndedJune 30, | |||
|---|---|---|---|---|
| Disaggregated Revenues (in millions) | 2025 | 2024 | 2025 | 2024 |
| Transportation | $1,310.4 | $1,211.7 | $2,606.0 | $2,429.1 |
| Logistics Management | 54.5 | 51.3 | 108.2 | 101.9 |
| Other | 55.6 | 53.7 | 108.1 | 104.7 |
| Total operating revenues | $1,420.5 | $1,316.7 | $2,822.3 | $2,635.7 |
Quantitative Disclosure
The following table provides information related to transactions and expected timing of revenue recognition for performance obligations that are fixed in nature and relate to contracts with terms greater than one year as of the date shown.
| Remaining Performance Obligations (in millions) | June 30, 2025 |
|---|---|
| Expected to be recognized within one year | |
| Transportation | $84.4 |
| Logistics Management | 20.3 |
| Expected to be recognized after one year | |
| Transportation | 133.0 |
| Logistics Management | 20.8 |
| Total | $258.5 |
This disclosure does not include revenues related to performance obligations that are part of a contract with an original expected duration of one year or less, nor does it include expected consideration related to performance obligations for which the Company elects to recognize revenue in the amount it has a right to invoice (e.g., usage-based pricing terms).
Information related to contract balances associated with our contracts with customers as of the dates shown is as follows:
| Contract Balances (in millions) | June 30, 2025 | December 31, 2024 |
|---|---|---|
| Other current assets—Contract assets | $26.3 | $22.2 |
| Other current liabilities—Contract liabilities | 0.1 | — |
We generally receive payment within 40 days of completion of performance obligations. Contract assets in the table above relate to revenue in transit at the end of the reporting period.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.