Revenue, Excluding Truckload & Ltl Fuel Surcharge was the largest of Knight-Swift Transportation Holdings Inc.’s 2 reported lines in fiscal 2025, at $6.69B — 90% of $7.47B.
| Insurance Product Line | FY 2010 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue, Excluding Truckload & Ltl Fuel Surcharge | $6.51B | $6.31B | $6.61B | $6.69B | |||||||
| Revenue, Excluding Trucking Fuel Surcharge | — | — | — | — | |||||||
| Truckload | — | — | — | — | |||||||
| Revenue, Excluding Fuel Surcharge | — | — | — | — | |||||||
| Truckload & Ltl Fuel Surcharge | $920.42M | $833.60M | $798.12M | $777.61M | |||||||
| Dedicated | — | — | — | — | |||||||
| Trucking Fuel Surcharge Revenue | — | — | — | — | |||||||
| Intermodal | — | — | — | — | |||||||
| Nonreportable Segments | — | — | — | — | |||||||
| Fuel Surcharge Revenue | — | — | — | — | |||||||
| Intersegment Eliminations | — | — | — | — | |||||||
| Total | $7.43B | $7.14B | $7.41B | $7.47B |
In fiscal 2025, which ended December 31, 2025, the 2 revenue lines Knight-Swift Transportation Holdings Inc. reported in this breakdown added up to $7.47B. That was up 0.8% from $7.41B in fiscal 2024. Revenue, Excluding Truckload & Ltl Fuel Surcharge was the largest revenue line, at $6.69B or 89.6% of the total, followed by Truckload & Ltl Fuel Surcharge ($777.61M, 10.4%).
Compared with fiscal 2024, Revenue, Excluding Truckload & Ltl Fuel Surcharge grew the fastest, rising 1.2% to $6.69B. Truckload & Ltl Fuel Surcharge fell the most, down 2.6% to $777.61M. Over fiscal 2022 to 2025, revenue across these revenue lines went from $7.43B to $7.47B, a compound annual growth rate of 0.2%. Revenue, Excluding Truckload & Ltl Fuel Surcharge's share of the total rose from 87.6% to 89.6% over the same years.
The table also keeps 9 revenue lines that Knight-Swift Transportation Holdings Inc. no longer reports, so earlier years can still be read on their original basis; use "Show 9 discontinued" beneath the table to see them. This breakdown covers 11 fiscal years between 2010 and 2025, as reported in Knight-Swift Transportation Holdings Inc.'s annual filings.
Guarantor Subsidiaries was the largest of Knight-Swift Transportation Holdings Inc.’s 3 reported lines in fiscal 2011, at $3.72B — 98% of $3.78B.
| Legal Entity | FY 2009 | FY 2010 | FY 2011 |
|---|---|---|---|
| Guarantor Subsidiaries | $2.53B | $2.88B | $3.72B |
| Non-Guarantor Subsidiaries | $89.84M | $155.30M | $138.09M |
| Eliminations For Consolidation | -$49.99M | -$107.02M | -$79.81M |
| Total | $2.57B | $2.93B | $3.78B |
In fiscal 2011, which ended December 31, 2011, the 3 revenue lines Knight-Swift Transportation Holdings Inc. reported in this breakdown added up to $3.78B. That was up 29.0% from $2.93B in fiscal 2010. Guarantor Subsidiaries was the largest revenue line, at $3.72B or 98.5% of the total, followed by Non-Guarantor Subsidiaries ($138.09M, 3.7%).
Compared with fiscal 2010, Guarantor Subsidiaries grew the fastest, rising 29.1% to $3.72B. Non-Guarantor Subsidiaries fell the most, down 11.1% to $138.09M. Over fiscal 2009 to 2011, revenue across these revenue lines went from $2.57B to $3.78B, a compound annual growth rate of 21.2%. Guarantor Subsidiaries held a steady share of about 98.5%.
Figures are shown as reported, so the total is net of Eliminations For Consolidation, which was -$79.81M in fiscal 2011. This breakdown covers every fiscal year from 2009 to 2011, as reported in Knight-Swift Transportation Holdings Inc.'s annual filings.
Trucking was the largest of Knight-Swift Transportation Holdings Inc.’s 3 reported lines in fiscal 2019, at $3.95B — 83% of $4.76B.
| Segment | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2016 | FY 2017 | FY 2018 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Trucking | — | $1.97B | $4.29B | $3.95B | ||||
| Truckload | — | — | — | — | ||||
| Knight Trucking | $900.37M | — | — | — | ||||
| Dedicated | — | — | — | — | ||||
| Swift Refrigerated | — | — | — | — | ||||
| Crs Refrigerated | — | — | — | — | ||||
| Intermodal | — | $150.33M | $498.82M | $455.47M | ||||
| Logistics | — | $235.93M | $436.04M | $352.99M | ||||
| Non-Reportable Segment | — | — | — | — | ||||
| Nonreportable Segments | — | — | — | — | ||||
| Knight Logistics | $226.91M | — | — | — | ||||
| Corporate, Non-Segment | — | $93.88M | — | — | ||||
| Intersegment Eliminations | -$9.25M | -$25.00M | — | — | ||||
| Total | $1.12B | $2.43B | $5.23B | $4.76B |
In fiscal 2019, which ended December 31, 2019, the 3 segments Knight-Swift Transportation Holdings Inc. reported in this breakdown added up to $4.76B. That was down 8.9% from $5.23B in fiscal 2018. Trucking was the largest segment, at $3.95B or 83.0% of the total, followed by Intermodal ($455.47M, 9.6%) and Logistics ($352.99M, 7.4%). Together, the two largest segments made up 92.6% of this total.
Compared with fiscal 2018, every sizeable segment reported in both years shrank. Trucking held up best, down 7.9% to $3.95B, while Logistics fell the most, down 19.0% to $352.99M.
Trucking (fiscal 2017) and Logistics (fiscal 2017) were first reported as separate segments during this period. The table also keeps 10 segments that Knight-Swift Transportation Holdings Inc. no longer reports, so earlier years can still be read on their original basis; use "Show 10 discontinued" beneath the table to see them. This breakdown covers 8 fiscal years between 2011 and 2019, as reported in Knight-Swift Transportation Holdings Inc.'s annual filings.
Knight-Swift Transportation Holdings Inc. (KNX) breaks its revenue down by revenue line and segment. In fiscal 2025, its largest revenue line was Revenue, Excluding Truckload & Ltl Fuel Surcharge, with $6.69B or 89.6% of the total, followed by Truckload & Ltl Fuel Surcharge at $777.61M (10.4%).
Revenue, Excluding Truckload & Ltl Fuel Surcharge was Knight-Swift Transportation Holdings Inc.'s largest revenue line in fiscal 2025, with $6.69B in revenue, 89.6% of the $7.47B reported across its 2 revenue lines.
Trucking was Knight-Swift Transportation Holdings Inc.'s largest segment in fiscal 2019, with $3.95B in revenue, 83.0% of the $4.76B reported across its 3 segments.
Of the Knight-Swift Transportation Holdings Inc. revenue lines reported in both fiscal 2024 and fiscal 2025, and making up at least 2% of the total, Revenue, Excluding Truckload & Ltl Fuel Surcharge grew the fastest, rising 1.2% from $6.61B to $6.69B.
Every figure is taken from Knight-Swift Transportation Holdings Inc.'s annual financial filings and shown as reported: each line keeps the name the company gives it, years follow its own fiscal calendar, and lines it has stopped reporting stay in the table for the years they were reported.
The breakdown by revenue line covers fiscal 2010 to 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.