Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 9 Months Ended | ||||
|---|---|---|---|---|---|---|
Sep. 30, 2026 |
Sep. 30, 2025 |
Sep. 30, 2026 |
Sep. 30, 2025 |
|||
| Total revenue | $ 2,200,926 | $ 1,927,057 | $ 6,146,861 | $ 5,613,359 | ||
| Operating expenses: | ||||||
| Salaries, wages, and benefits | [1] | 772,285 | 755,278 | 2,269,796 | 2,231,519 | |
| Fuel | [1] | 335,519 | 221,807 | 874,218 | 632,619 | |
| Operations and maintenance | [1] | 145,048 | 142,437 | 409,959 | 414,779 | |
| Insurance and claims | [1] | 101,497 | 116,497 | 310,818 | 294,003 | |
| Operating taxes and licenses | 35,461 | 33,263 | 107,590 | 102,154 | ||
| Communications | 7,325 | 7,047 | 21,012 | 21,811 | ||
| Depreciation and amortization of property and equipment | [1] | 180,190 | 179,036 | 535,160 | 533,053 | |
| Amortization of intangibles | 18,493 | 19,246 | 56,229 | 57,738 | ||
| Rental expense | 40,667 | 41,647 | 129,595 | 127,709 | ||
| Purchased transportation | [1] | 328,154 | 284,386 | 928,929 | 827,402 | |
| Impairments | 0 | 34,805 | 882 | 45,417 | ||
| Miscellaneous operating expenses | 57,582 | 41,282 | 190,533 | 135,550 | ||
| Total operating expenses | 2,022,221 | 1,876,731 | 5,834,721 | 5,423,754 | ||
| Operating income | 178,705 | 50,326 | 312,140 | 189,605 | ||
| Other (expenses) income: | ||||||
| Interest income | 1,901 | 2,690 | 5,531 | 8,760 | ||
| Interest expense | (18,174) | (40,934) | (72,154) | (122,015) | ||
| Other income (expense), net | 97 | 3,638 | (19,003) | 27,826 | ||
| Total other expenses, net | (16,176) | (34,606) | (85,626) | (85,429) | ||
| Income before income taxes | 162,529 | 15,720 | 226,514 | 104,176 | ||
| Income tax expense | 44,463 | 7,388 | 66,711 | 31,684 | ||
| Net income | 118,066 | 8,332 | 159,803 | 72,492 | ||
| Net loss (income) attributable to noncontrolling interest | 200 | (471) | 335 | 251 | ||
| Net income attributable to Knight-Swift | 118,266 | 7,861 | 160,138 | 72,743 | ||
| Other comprehensive (loss) income | (130) | (96) | 443 | 258 | ||
| Comprehensive income | $ 118,136 | $ 7,765 | $ 160,581 | $ 73,001 | ||
| Earnings per share: | ||||||
| Basic (in dollars per share) | $ 0.73 | $ 0.05 | $ 0.98 | $ 0.45 | ||
| Diluted (in dollars per share) | 0.72 | 0.05 | 0.98 | 0.45 | ||
| Dividends declared per share: (in dollars per share) | $ 0.20 | $ 0.18 | $ 0.60 | $ 0.54 | ||
| Weighted average shares outstanding: | ||||||
| Basic (in shares) | 162,758 | 162,305 | 162,587 | 162,137 | ||
| Diluted (in shares) | 163,300 | 162,647 | 163,244 | 162,537 | ||
| Revenue, excluding truckload and LTL fuel surcharge | ||||||
| Total revenue | $ 1,852,830 | $ 1,720,889 | $ 5,255,249 | $ 5,026,053 | ||
| Truckload and LTL fuel surcharge | ||||||
| Total revenue | $ 348,096 | $ 206,168 | $ 891,612 | $ 587,306 | ||
| ||||||
| X | ||||||||||
- Definition Costs incurred during the period and owed to independent contractors and other third-party service providers for providing transportation services to an entity's customers. No definition available.
|
| X | ||||||||||
- Definition Amount of amortization expense for finite-lived intangible asset. Excludes goodwill and capitalized cost for software to be sold, leased, or marketed. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of impairment loss for asset. Includes, but is not limited to, tangible and intangible assets and goodwill. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The aggregate amount of communications, data processing and occupancy expenses. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Total costs of sales and operating expenses for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Costs of maintenance supplies used that are directly related to goods produced and sold, or services rendered, during the reporting period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of tax incurred and cost of license directly related to good produced or service rendered. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Fuel costs incurred that are directly related to goods produced and sold and services rendered during the reporting period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount of interest expense classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount of expense for salary, wage, profit sharing; incentive and equity-based compensation; and other employee benefit. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition Insurance and claims costs directly related to goods produced and sold, or services rendered, during the reporting period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition Amount of operating lease expense. Excludes sublease income. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
|
| X | ||||||||||
- Definition Amount after tax of other comprehensive income (loss) attributable to parent entity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
| X | ||||||||||
- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|