Knight-Swift Transportation Holdings (KNX) Gross Margin (2010 - 2026)
Knight-Swift Transportation Holdings (KNX) posted quarterly Gross Margin of 84.94% for Q1 2026, up 14.0% year-over-year from 74.51% in Q1 2025, and down 37.05% on a QoQ basis from 134.93% in Q4 2025.
Knight-Swift Transportation Holdings (KNX) Gross Margin (2010 - 2026) Analysis & Trends
Knight-Swift Transportation Holdings (KNX) has reported Gross Margin for 17 consecutive years, with 84.94% the latest figure, recorded in 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 came in at 84.94% for Q1 2026 at Knight-Swift Transportation Holdings, down from 134.93% in the prior quarter.
- The five-year high for Gross Margin was 159.91% in Q4 2022, with the low at 73.17% in Q4 2024.
- Average Gross Margin over 5 years is 94.14%, with a median of 85.73% recorded in 2025.
- Across the five-year window, Gross Margin jumped 13052 bps in 2022 and slumped 6036 bps in 2023, its largest moves.
- Year by year, Gross Margin stood at 159.91% in 2022, then sank by 38 bps to 99.55% in 2023, then fell by 26 bps to 73.17% in 2024, then soared by 84 bps to 134.93% in 2025, then tumbled by 37 bps to 84.94% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 84.94%, 134.93%, and 85.24% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | TFI International | 160.26 Bn | 160.08 Bn | 963.70 Mn | 49.44% |
| 2 | Old Dominion Freight Line | 45.40 Bn | 45.11 Bn | 1.33 Bn | 99.64% |
| 3 | Xpo | 24.25 Bn | 24.01 Bn | 1.67 Bn | 79.82% |
| 4 | Knight-Swift Transportation Holdings | 12.57 Bn | 12.51 Bn | 1.57 Bn | 84.94% |
| 5 | Saia | 11.19 Bn | 11.15 Bn | - | - |
| 6 | Schneider National | 6.37 Bn | 6.11 Bn | 1.27 Bn | 91.13% |
| 7 | Rxo | 4.69 Bn | 4.67 Bn | 254.00 Mn | 17.82% |
| 8 | Arcbest | 3.12 Bn | 3.04 Bn | 951.93 Mn | 95.31% |
| 9 | Werner Enterprises | 2.63 Bn | 2.59 Bn | 726.17 Mn | 89.80% |
| 10 | Marten Transport | 1.42 Bn | 1.37 Bn | 203.18 Mn | 96.70% |
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% |