Knight-Swift Transportation Holdings (KNX) Gross Margin (2010 - 2026)
Knight-Swift Transportation Holdings (KNX) posted quarterly Gross Margin of 84.63% for Q2 2026, down 110.0% year-over-year from 846.28% in Q2 2025, and little changed quarter-over-quarter from 84.94% in Q1 2026.
Knight-Swift Transportation Holdings (KNX) Gross Margin (2010 - 2026) Analysis & Trends
Knight-Swift Transportation Holdings' Gross Margin history runs 17 years deep, the most recent figure standing at 84.63% for Q2 2026.
- In Q2 2026, Gross Margin fell 110.0% year-over-year to 84.63%; the TTM figure through Jun 2026 stood at 84.65% (up 13.0% YoY), while the FY2025 annual figure was 84.89%, up 69.0% from the prior year.
- Gross Margin for Q2 2026 stood at 84.63%, roughly flat from 84.94% in the prior quarter.
- The five-year high for Gross Margin was 85.73% in Q2 2025, with the low at 78.85% in Q1 2022.
- The 5-year median for Gross Margin is 83.7% (2023), against an average of 83.41%.
- The sharpest annual moves came in 2022 and 2026: Gross Margin jumped 464 bps in 2022, then sank 110 bps in 2026.
- Knight-Swift Transportation Holdings' Gross Margin stood at 82.27% in 2022, then grew by 1 bps to 83.38% in 2023, then declined by 0 bps to 83.29% in 2024, then increased by 1 bps to 83.76% in 2025, then advanced by 1 bps to 84.63% in 2026.
- Business Quant data shows KNX's Gross Margin at 84.63% in Q2 2026, 84.94% in Q1 2026, and 83.76% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.49 Bn | 42.21 Bn | 1.52 Bn | 97.83% |
| 2 | Xpo | 23.08 Bn | 22.78 Bn | 1.89 Bn | 80.30% |
| 3 | TFI International | 11.47 Bn | 11.26 Bn | - | - |
| 4 | Knight-Swift Transportation Holdings | 11.33 Bn | 11.14 Bn | 1.77 Bn | 84.63% |
| 5 | Saia | 9.61 Bn | 9.53 Bn | - | - |
| 6 | Schneider National | 6.15 Bn | 5.63 Bn | 1.00 Bn | 63.86% |
| 7 | Rxo | 3.68 Bn | 3.66 Bn | 302.00 Mn | 17.02% |
| 8 | Arcbest | 3.03 Bn | 2.86 Bn | 1.14 Bn | 95.93% |
| 9 | Werner Enterprises | 2.28 Bn | 2.23 Bn | - | - |
| 10 | Marten Transport | 1.20 Bn | 1.09 Bn | 184.72 Mn | 82.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 84.63% |
| Mar 31, 2026 | 84.94% |
| Dec 31, 2025 | 83.76% |
| Sep 30, 2025 | 85.24% |
| Jun 30, 2025 | 85.73% |
| Mar 31, 2025 | 84.80% |
| Dec 31, 2024 | 83.29% |
| Sep 30, 2024 | 84.27% |
| Jun 30, 2024 | 84.47% |
| Mar 31, 2024 | 84.79% |
| Dec 31, 2023 | 83.38% |
| Sep 30, 2023 | 83.63% |
| Jun 30, 2023 | 83.37% |
| Mar 31, 2023 | 82.85% |
| Dec 31, 2022 | 82.27% |
| Sep 30, 2022 | 80.79% |
| Jun 30, 2022 | 80.37% |
| Mar 31, 2022 | 78.85% |
| Dec 31, 2021 | 77.63% |
| Sep 30, 2021 | 78.56% |