Schneider National (SNDR) Earnings: Q3 2026 Results and Next Report Date

The quarter ended September 30, 2026 and Schneider National published the results on October 29, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Schneider National reports EPS two ways: GAAP, under the accounting rules every US filer follows, and adjusted diluted, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Schneider National reports segment revenues excluding fuel surcharge. Fuel surcharge revenue is shown as its own line, and inter-segment eliminations bring the rows to total operating revenues.
• Q3 2026 interest expense was a credit of $1.9 million because Schneider National settled a lawsuit over a 2017 incident and reversed $7.2 million of previously accrued judgment interest. Adjusted EPS does not exclude that reversal.

Source: Schneider National Q3 2026 results, October 29, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Schneider National splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Schneider National's Truckload (excluding fuel surcharge) revenue was $625 million in Q3 2026, flat on $625 million in Q3 2025, 39% of total revenue.
• Schneider National's Intermodal (excluding fuel surcharge) revenue was $288 million in Q3 2026, up 2% from $281 million in Q3 2025, 18% of total revenue.
• Schneider National's Logistics (excluding fuel surcharge) revenue was $373 million in Q3 2026, up 12% from $332 million in Q3 2025, 23% of total revenue.
• Schneider National's Other revenue was $109 million in Q3 2026, down 7% from $118 million in Q3 2025, 7% of total revenue.
• Schneider National's Fuel surcharge revenue was $240 million in Q3 2026, up 57% from $153 million in Q3 2025, 15% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

In its Q3 2026 release, Schneider National said:

“Based on our year-to-date performance and expectations for the remainder of the year, we are raising our full-year adjusted diluted earnings per share guidance to $1.00 to $1.10 and now expect net capital expenditures to be in a range of $325 million to $350 million”

“Our outlook anticipates continued contract rate recovery and further benefits from our productivity and cost initiatives, while also recognizing that peak season demand and driver capacity remain important variables as we close the year.”

“The guidance assumes a full year effective tax rate of approximately 22%.”

Source: Schneider National Q3 2026 release, Oct 29, 2026.

This is the company's own guidance as of Oct 29, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the SNDR forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP operating revenues and diluted EPS, each as first reported in that quarter's release.

Schneider National's next report is expected around January 28, 2027, a date estimated from its reporting history that the company has not yet confirmed. This page will show Q3 2026 until those results are out and have been checked against the release.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Oct 29, 2026

Schneider National had operating revenues of $1,585.3 million in Q3 2026, up 9% from $1,452.4 million. Excluding fuel surcharge, revenues were $1,345.1 million, up 3%. Fuel surcharge revenue rose from $152.7 million to $240.2 million, which accounts for most of the gap between the two growth rates; fuel and fuel taxes expense rose from $111.5 million to $165.0 million in the same quarter. (Schneider National Q3 2026 release, Oct 29, 2026)

Truckload is the largest segment at $624.8 million excluding fuel surcharge, flat against $624.5 million. Inside it, Dedicated (equipment assigned to customers under long-term contracts) brought in $427.8 million, down from $436.5 million, while Network (mostly one-way shipments) rose to $196.5 million from $187.4 million. Schneider National ran fewer trucks, 11,347 on average against 12,291, and lifted Truckload revenue per truck per week 8% to $4,252. (Schneider National Q3 2026 release, Oct 29, 2026)

Intermodal revenues were $287.7 million, up 2%, on a 3% rise in revenue per order to $2,486 that Schneider National attributes to price, partly offset by lower volume: delivered rail orders fell to 114,619 from 116,592. On the day of the release Schneider National also announced a new agreement with rail carrier Norfolk Southern. (Schneider National Q3 2026 release, Oct 29, 2026)

Logistics revenues rose 12% to $372.5 million, mainly on higher revenue per order, partly offset by lower brokerage volume. The segment covers asset-light freight brokerage, including Power Only services that use Schneider National's company-owned trailer pools to match third-party capacity with customer demand, plus supply chain, warehousing and import/export services. (Schneider National Q3 2026 release, Oct 29, 2026; Schneider National Form 10-K, 2025, Feb 20, 2026)

Schneider National's revenue is almost entirely domestic: substantially all of its revenues and assets were generated or located within the U.S. No customer accounted for more than 10% of consolidated revenues in 2025, 2024 or 2023. (Schneider National Form 10-K, 2025, Feb 20, 2026)

Schneider National's GAAP diluted EPS was $0.28 in Q3 2026, against $0.11 a year earlier, and adjusted diluted EPS was $0.29, against $0.12. The adjustments are small: $1.7 million of amortization on intangible assets from acquisitions such as Cowan Systems, less a $0.4 million tax effect. The year-ago quarter also excluded $1.4 million of severance. (Schneider National Q3 2026 release, Oct 29, 2026)

Below the operating line, interest expense was a credit of $1.9 million against a $9.5 million charge a year earlier. Schneider National signed a settlement agreement over an adverse verdict tied to a 2017 incident and reversed $7.2 million of judgment interest it had accrued; lower average debt cut interest expense by another $2.3 million. That reversal is inside both GAAP and adjusted EPS. (Schneider National Form 10-Q, Q3 2026, Oct 30, 2026; Schneider National Q3 2026 release, Oct 29, 2026)

Diluted shares were 176.3 million, against 175.9 million a year earlier. Under the $150.0 million repurchase program approved in January 2026, Schneider National had bought back 0.2 million Class B shares for $5.2 million by September 30, 2026, and it paid $52.1 million of dividends in the first nine months. The effective tax rate was 24.5% in the quarter, against 26.5% a year earlier. (Schneider National Q3 2026 release, Oct 29, 2026; Schneider National Form 10-Q, Q3 2026, Oct 30, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Schneider National guides only full-year adjusted diluted EPS and net capital expenditures. With the Q3 2026 release it raised the 2026 adjusted EPS range to $1.00 to $1.10 and set net capital expenditures at $325 million to $350 million. It assumes a full-year effective tax rate of approximately 22%. (Schneider National Q3 2026 release, Oct 29, 2026)

Through nine months Schneider National reported adjusted diluted EPS of $0.70, so the full-year range implies $0.30 to $0.40 for Q4 2026. The CFO named peak season demand and driver capacity as the main variables for the rest of the year. (Schneider National Q3 2026 release, Oct 29, 2026)

A consensus figure is the average of the models published by the analysts who cover Schneider National, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Schneider National's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning SNDR is on is SNDR a buy or a sell?, what analysts expect next is on the SNDR forecast, and what the company does is on the Schneider National (SNDR) stock page.

Every number on this page can be traced to a document Schneider National published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.