Knight Transportation (KNX) financial statements
Knight Transportation reported revenue of $7.5B in fiscal 2025, up 23.5% a year over 9 years.
Net income was $66M and the operating margin 2.9%, against 13.3% in 2016.
The diluted share count rose 100% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Knight Transportation's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.1B | $2.4B | $5.3B | $4.8B | $4.7B | $6.0B | $7.4B | $7.1B | $7.4B | $7.5B |
| Operating income | $148M | $201M | $569M | $427M | $564M | $966M | $1.1B | $338M | $243M | $216M |
| Interest expense | $897,000 | $9M | $30M | $29M | $17M | $21M | $51M | $127M | $171M | $162M |
| Pre-tax income | $153M | $194M | $552M | $414M | $560M | $975M | $1.0B | $270M | $149M | $95M |
| Income tax | $58M | -$292M | $131M | $104M | $150M | $231M | $249M | $55M | $33M | $30M |
| Net income | $94M | $484M | $419M | $309M | $410M | $743M | $771M | $217M | $118M | $66M |
| EPS (diluted) | $1.16 | $4.34 | $2.36 | $1.80 | $2.40 | $4.45 | $4.73 | $1.34 | $0.73 | $0.41 |
| Diluted shares | 81M | 112M | 178M | 172M | 171M | 167M | 163M | 162M | 162M | 163M |
| Operating margin | 13.3% | 8.3% | 10.6% | 8.8% | 12.1% | 16.1% | 14.7% | 4.7% | 3.3% | 2.9% |
| Net margin | 8.4% | 20.0% | 7.8% | 6.4% | 8.8% | 12.4% | 10.4% | 3.0% | 1.6% | 0.9% |
Balance sheet
Fiscal years, from Knight Transportation's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $8M | $77M | $82M | $160M | $157M | $261M | $197M | $169M | $218M | $220M |
| Receivables | $134M | $574M | $601M | $519M | $578M | $911M | $842M | $889M | $804M | $305M |
| Total current assets | $190M | $923M | $907M | $890M | $923M | $1.4B | $1.5B | $1.7B | $1.4B | $888M |
| Property, plant and equipment | $803M | $2.4B | $2.6B | $2.9B | $3.0B | $3.6B | $3.8B | $4.6B | $4.7B | $4.7B |
| Goodwill | $47M | $2.9B | $2.9B | $2.9B | $2.9B | $3.5B | $3.5B | $3.8B | $4.0B | $3.9B |
| Total assets | $1.1B | $7.7B | $7.9B | $8.3B | $8.5B | $10.7B | $11.0B | $12.9B | $12.7B | $12.0B |
| Total current liabilities | $79M | $610M | $615M | $993M | $840M | $1.1B | $894M | $1.8B | $1.7B | $1.0B |
| Long-term debt | $0 | $365M | $365M | $0 | — | — | — | — | — | — |
| Total liabilities | $290M | $2.4B | $2.4B | $2.6B | $2.6B | $4.1B | $4.0B | $5.8B | $5.6B | $4.9B |
| Shareholders' equity | $786M | $5.2B | $5.5B | $5.7B | $5.9B | $6.5B | $6.9B | $7.1B | $7.1B | $7.1B |
| Net debt | -$8M | $288M | $283M | $205M | -$157M | -$261M | -$197M | -$169M | -$218M | -$220M |
Cash flow
Fiscal years, from Knight Transportation's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $244M | $323M | $882M | $840M | $920M | $1.2B | $1.4B | $1.2B | $799M | $1.3B |
| Capital spending | $155M | $387M | $756M | $830M | — | — | — | — | — | — |
| Free cash flow | $89M | -$65M | $126M | $10M | — | — | — | — | — | — |
| Stock-based compensation | $4M | $6M | $12M | $16M | $27M | $28M | $34M | $28M | $24M | $29M |
| Dividends paid | $20M | $25M | $43M | $41M | $55M | $64M | $78M | $91M | $104M | $117M |
| Share buybacks (net) | -$40M | $0 | -$179M | -$87M | -$180M | -$57M | -$300M | $0 | $0 | — |
| Net borrowing | $0 | $400M | $0 | $0 | $0 | $1.2B | $0 | $250M | $150M | $1.0B |
| Free cash flow margin | 8.0% | -2.7% | 2.4% | 0.2% | — | — | — | — | — | — |
| Dividends per share | $0.24 | $0.23 | $0.24 | $0.24 | $0.32 | $0.38 | $0.48 | $0.56 | $0.64 | $0.72 |
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What was Knight Transportation's revenue in 2025?
$7.5B in fiscal 2025, from its 10-K filing.
From Knight Transportation's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.