Proficient Auto Logistics Posts $93.7M Q1 Revenue, $6.9M Operating Loss
Proficient Auto Logistics reported Q1 revenue of $93.7 million, down 1.6% year-over-year, and a total operating loss of $6.9 million compared to $2.4 million in Q1 2025. Adjusted operating loss widened to $3.2 million on a 103.4% operating ratio as unit deliveries rose 1.5% to 501,850.
1. Q1 Financial Results
Proficient Auto Logistics recorded total operating revenue of $93.7 million for the quarter ended March 31, 2026, a 1.6% decline from Q1 2025. The company reported a GAAP operating loss of $6.9 million versus a $2.4 million loss a year ago and an adjusted operating loss of $3.2 million.
2. Operating Metrics and Segment Performance
Total units delivered increased 1.5% to 501,850, driven by a 14.3% rise in company deliveries to 187,117 units while subhauler volumes fell 4.8% to 314,733 units. Revenue per unit declined 1.8% to $182.11 for company deliveries and 4.3% to $165.61 for subhaulers, pushing the adjusted operating ratio to 103.4%.
3. Outlook and Management Commentary
Management cited lower-than-expected volumes, weather disruptions, and fuel cost headwinds as challenges in the first quarter. Improved seasonal volumes and better fuel cost recovery exiting the quarter are expected to support stronger performance in the second quarter.