10-Q quarterly report · filed May 14, 2026

Proficient Auto Logistics, Inc (PAL) Q1 2026 10-Q Quarterly Report

Short answer

Proficient Auto Logistics, Inc (PAL) filed its Q1 2026 10-Q quarterly report on May 14, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $94M with net income of −$6M.

Q1 2026 key financials · XBRL

Revenue
$94M
Net income
−$6M
Operating margin
-7.4%
EPS (diluted)
−$0.23

Source: XBRL data from the Proficient Auto Logistics, Inc (PAL) Q1 2026 10-Q on SEC EDGAR. USD.

Proficient Auto Logistics, Inc Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Q1 revenue $93.7M, down from $95.2M YoY
  • Operating margin (7.4%) vs (2.5%) YoY; EBITDA margin 3.3% vs 6.9%
  • Best segment Company Drivers revenue $36.3M vs $32.7M; worst Subhaulers revenue $57.4M vs $62.5M
  • Net loss $6.5M vs $3.2M; adjusted EBITDA $4.5M vs $7.8M
  • Headwinds: plant shutdowns, weak SAAR, severe winter weather in January and February

Risk Factors

  • Newly authorized $15 million share repurchase program triggered March 2, 2026 Board approval
  • Equity concentration risk from 82,877 repurchased shares at $6.25 each in March
  • Regulatory compliance risk from repurchases requiring compliance with applicable laws, rules, and restrictions
  • Liquidity risk from deploying capital toward repurchases, with $14,482,019 remaining under the program

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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