Knight-Swift Transportation Holdings (KNX) Gross Margin (2010 - 2026)
Knight-Swift Transportation Holdings (KNX) posted Gross Margin of 84.63% for Q2 2026, little changed on a QoQ basis from 84.94% in Q1 2026, and down 110.0% year-over-year from 846.28% in Q2 2025.
Analysis
Knight-Swift Transportation Holdings (KNX) Gross Margin (2010 - 2026) Analysis & Trends
Knight-Swift Transportation Holdings has reported Gross Margin for 17 years, with the latest figure at 84.63% in Q2 2026.
- On a quarterly basis, Gross Margin fell 110.0% year-over-year to 84.63% in Q2 2026; TTM through Jun 2026 was 84.65%, a 13.0% increase from a year earlier, with the FY2025 full-year figure at 84.89%, up 69.0% from the prior year.
- Gross Margin was 84.63% for Q2 2026 at Knight-Swift Transportation Holdings, 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.
- Average Gross Margin over 5 years is 83.41%, with a median of 83.7% recorded in 2023.
- The sharpest annual moves came in 2022 and 2026: Gross Margin soared 464 bps in 2022, then sank 110 bps in 2026.
- Over 5 years, Gross Margin stood at 82.27% in 2022, then rose by 1 bps to 83.38% in 2023, then retreated by 0 bps to 83.29% in 2024, then gained by 1 bps to 83.76% in 2025, then grew by 1 bps to 84.63% in 2026.
- The last three Gross Margin figures came in at 84.63% (Q2 2026), 84.94% (Q1 2026), and 83.76% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 37.71 Bn | 37.42 Bn | 1.52 Bn | 97.83% |
| 2 | Hunt J B Transport Services | 25.19 Bn | 25.19 Bn | - | - |
| 3 | Xpo | 21.57 Bn | 21.27 Bn | 1.89 Bn | 80.30% |
| 4 | FedEx Freight Holding Company | 18.58 Bn | 18.58 Bn | - | - |
| 5 | Knight-Swift Transportation Holdings | 11.20 Bn | 11.02 Bn | 1.77 Bn | 84.63% |
| 6 | TFI International | 10.95 Bn | 10.74 Bn | - | - |
| 7 | Saia | 9.28 Bn | 9.19 Bn | - | - |
| 8 | Schneider National | 5.92 Bn | 5.39 Bn | 1.00 Bn | 63.86% |
| 9 | Arcbest | 3.05 Bn | 2.88 Bn | 1.14 Bn | 95.93% |
| 10 | Werner Enterprises | 2.33 Bn | 2.27 Bn | - | - |
Historic Data
Download Data
Historic 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% |