ArcBest Earnings Reports

ArcBest reported first quarter 2025 revenue of $967.1 million, a decrease from $1.0 billion in the prior year. Net income from continuing operations was $3.1 million, or $0.13 per diluted share, compared to a net loss of $2.9 million in the prior year. Non-GAAP net income was $11.9 million, or $0.51 per diluted share.

ArcBest reported Q4 2024 revenue of $1.0 billion, a decrease from $1.1 billion in Q4 2023. Net income was $29.0 million, or $1.24 per diluted share, compared to $48.8 million, or $2.01 per diluted share in the prior year. On a non-GAAP basis, net income was $31.2 million, or $1.33 per diluted share, compared to $60.0 million, or $2.47 per diluted share in the prior year.

ArcBest reported Q3 2024 revenue of $1.06 billion, a decrease from $1.13 billion in Q3 2023. Net income was $100.3 million, or $4.23 per diluted share, which included a $69.1 million after-tax benefit. On a non-GAAP basis, net income was $38.8 million, or $1.64 per diluted share.

ArcBest reported second quarter 2024 revenue of $1.08 billion and net income of $46.9 million, or $1.96 per diluted share. The company saw significant efficiency improvements at ABF Freight and improved Asset-Based operating income despite higher labor costs and lower revenue.

ArcBest reported Q1 2024 revenue of $1.0 billion, a decrease from $1.1 billion in Q1 2023. The company experienced a net loss of $2.9 million, or $0.12 per diluted share, compared to a net income of $18.8 million, or $0.75 per diluted share, in the same period last year. Excluding certain items, non-GAAP net income was $32.3 million, or $1.34 per diluted share, compared to $39.5 million, or $1.58 per diluted share, in Q1 2023.

ArcBest reported Q4 2023 revenue of $1.1 billion, net income of $48.8 million, or $2.01 per diluted share, and non-GAAP net income of $60.0 million, or $2.47 per diluted share. The company's strong execution and cost discipline helped customers navigate market disruptions.

ArcBest reported Q3 2023 revenue of $1.1 billion, a decrease from $1.3 billion in Q3 2022. Operating income was $45.1 million, down from $115.3 million, and net income was $34.9 million, or $1.42 per diluted share, compared to $88.6 million, or $3.49 per diluted share in the prior year. Results were impacted by $30.2 million in noncash lease impairment charges.

ArcBest reported Q2 2023 revenue of $1.1 billion and net income of $40.4 million, or $1.64 per diluted share. The company is focused on efficient operations and adapting to a rapidly changing market.

ArcBest reported first quarter 2023 revenue from continuing operations of $1.1 billion, compared to $1.3 billion in the first quarter of 2022. Net income from continuing operations was $18.8 million, or $0.75 per diluted share. The company completed the sale of FleetNet America, strengthening the balance sheet and allowing for accelerated return of capital to shareholders.

ArcBest reported Q4 2022 revenue of $1.2 billion, a $59.0 million increase compared to Q4 2021. Net income was $37.3 million, or $1.48 per diluted share, while non-GAAP net income was $61.6 million, or $2.45 per diluted share. The results reflect the impact of a full quarter of MoLo Solutions operations.

ArcBest reported Q3 2022 revenue of $1.4 billion, a 33.0 percent increase over Q3 2021. Net income improved to $88.8 million, or $3.50 per diluted share. On a non-GAAP basis, net income was $96.4 million, or $3.80 per diluted share.

ArcBest reported Q2 2022 revenue of $1.4 billion, a 46.8% increase compared to Q2 2021. Net income improved to $102.5 million, or $4.00 per diluted share. On a non-GAAP basis, net income was $110.0 million, or $4.30 per diluted share.

ArcBest reported a Q1 2022 revenue of $1.3 billion, a 61.0 percent increase over Q1 2021. Net income improved to $69.6 million, or $2.68 per diluted share. On a non-GAAP basis, net income was $79.8 million, or $3.08 per diluted share.

ArcBest reported record fourth-quarter revenue of $1.2 billion, a $368.8 million increase compared to Q4 2020, with each operating segment achieving double-digit percentage revenue growth. Net income reached $65.5 million, or $2.47 per diluted share, while non-GAAP net income was $73.9 million, or $2.79 per diluted share.

ArcBest reported record third quarter revenue of $1.0 billion, a 27.9% increase over the prior year. Net income improved to $63.7 million, or $2.38 per diluted share, and on a non-GAAP basis, net income was $69.2 million, or $2.59 per diluted share. The company's strategic vision and investments in innovation, technology, and logistics solutions drove the superior performance.

ArcBest reported record second quarter 2021 revenue of $949.0 million, a significant increase from $627.4 million in the same quarter of 2020. Net income for the quarter was $61.0 million, or $2.27 per diluted share, compared to $15.9 million, or $0.61 per diluted share in Q2 2020. The company's strong performance reflects tireless execution amidst tight capacity and high demand.

ArcBest reported first quarter revenue of $829.2 million, an 18% increase over last year, and net income of $23.4 million, or $0.87 per diluted share. The company's first quarter operating income was the best in its history.

ArcBest reported Q4 2020 revenue of $816.4 million, a 14% increase year-over-year. Net income was $23.9 million, or $0.89 per diluted share, compared to a net loss in Q4 2019. Non-GAAP net income was $26.0 million, or $0.97 per diluted share.

ArcBest reported Q3 2020 revenue of $795.0 million, a slight increase from $787.6 million in Q3 2019. The company's net income rose to $29.4 million, or $1.11 per diluted share, compared to $16.3 million, or $0.62 per diluted share, in the same period last year. Non-GAAP net income was $32.4 million, or $1.22 per diluted share, compared to $27.0 million, or $1.02 per diluted share, in Q3 2019.

ArcBest reported a decrease in revenue and net income for the second quarter of 2020 compared to the same period in 2019, primarily due to the impact of the COVID-19 pandemic. However, cost management initiatives helped to mitigate some of the negative effects.

ArcBest reported a decrease in revenue to $701.4 million from $711.8 million in Q1 2019. Net income decreased to $1.9 million, or $0.07 per diluted share, compared to $4.9 million, or $0.18 per diluted share in the same period last year. However, on a non-GAAP basis, net income was $9.4 million, or $0.36 per diluted share, compared to $6.7 million, or $0.25 per diluted share in Q1 2019.

ArcBest reported Q4 2019 revenue of $717.4 million, a net loss of $5.5 million, or $0.22 per diluted share. However, on a non-GAAP basis, net income was $14.8 million, or $0.56 per diluted share. The asset-based business saw revenue decline due to weaker customer demand, while asset-light results were impacted by a noncash impairment charge.