Knight-Swift Transportation Holdings (KNX) Gross Margin (2010 - 2026)
Knight-Swift Transportation Holdings (KNX) recorded quarterly Gross Margin of 84.94% in Q1 2026, down 37.05% quarter-over-quarter from 134.93% in Q4 2025, and up 14.0% on a YoY basis from 74.51% in Q1 2025.
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 84.94% for Q1 2026.
- In Q1 2026, Gross Margin rose 14.0% year-over-year to 84.94%; the TTM figure through Mar 2026 stood at 97.59% (up 1507.0% YoY), while the FY2025 annual figure was 97.6%, up 1340.0% from the prior year.
- Gross Margin was 84.94% for Q1 2026 at Knight-Swift Transportation Holdings, down from 134.93% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 159.91% in Q4 2022 to a low of 73.17% in Q4 2024.
- Historically, Gross Margin has averaged 94.14% across 5 years, with a median of 85.73% in 2025.
- The sharpest annual moves came in 2022 and 2023: Gross Margin jumped 13052 bps in 2022, then sank 6036 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 159.91% in 2022, then plunged by 38 bps to 99.55% in 2023, then slipped by 26 bps to 73.17% in 2024, then soared by 84 bps to 134.93% in 2025, then slumped by 37 bps to 84.94% in 2026.
- The last three Gross Margin figures came in at 84.94% (Q1 2026), 134.93% (Q4 2025), and 85.24% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 51.22 Bn | 50.93 Bn | 1.33 Bn | 99.64% |
| 2 | Xpo | 26.67 Bn | 26.43 Bn | 1.67 Bn | 79.82% |
| 3 | Knight-Swift Transportation Holdings | 13.23 Bn | 13.17 Bn | 1.57 Bn | 84.94% |
| 4 | Saia | 12.94 Bn | 12.90 Bn | - | - |
| 5 | Schneider National | 6.73 Bn | 6.47 Bn | 1.27 Bn | 91.13% |
| 6 | Rxo | 4.81 Bn | 4.78 Bn | 254.00 Mn | 17.82% |
| 7 | Arcbest | 3.87 Bn | 3.78 Bn | 951.93 Mn | 95.31% |
| 8 | Werner Enterprises | 2.63 Bn | 2.60 Bn | 726.17 Mn | 89.80% |
| 9 | Marten Transport | 1.48 Bn | 1.43 Bn | 203.18 Mn | 96.70% |
| 10 | Heartland Express | 1.25 Bn | 1.21 Bn | 167.03 Mn | 94.77% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 84.94% |
| Dec 31, 2025 | 134.93% |
| Sep 30, 2025 | 85.24% |
| Jun 30, 2025 | 85.73% |
| Mar 31, 2025 | 84.80% |
| Dec 31, 2024 | 73.17% |
| Sep 30, 2024 | 84.27% |
| Jun 30, 2024 | 87.95% |
| Mar 31, 2024 | 84.79% |
| Dec 31, 2023 | 99.55% |
| Sep 30, 2023 | 86.52% |
| Jun 30, 2023 | 83.37% |
| Mar 31, 2023 | 98.12% |
| Dec 31, 2022 | 159.91% |
| Sep 30, 2022 | 80.79% |
| Jun 30, 2022 | 86.89% |
| Mar 31, 2022 | 99.37% |
| Dec 31, 2021 | 29.39% |
| Sep 30, 2021 | 78.56% |
| Jun 30, 2021 | 99.14% |