ArcBest Reports Fourth Quarter and Full Year 2025 Results: A Year of Resilience Amid Challenges

In the fourth quarter of 2025, ArcBest reported revenues of $972.7 million, a decrease from $1.0 billion in the same period of 2024. This shift led to a net loss from continuing operations of $8.1 million, translating to a loss of $0.36 per diluted share, compared to a net income of $29.0 million, or $1.24 per diluted share, in the fourth quarter of the previous year. The fourth quarter loss was notably impacted by a $9.1 million after-tax, noncash charge due to impairments.

On a non-GAAP basis, ArcBest's net income for the fourth quarter was $8.2 million, or $0.36 per diluted share, compared to $31.2 million, or $1.33 per diluted share, in Q4 2024.

For the full year 2025, ArcBest recorded revenue of $4.0 billion, down from $4.2 billion in 2024. The company’s net income from continuing operations was $60.1 million, or $2.62 per diluted share, a significant decline from $173.4 million, or $7.28 per diluted share, in 2024. The previous year’s results were bolstered by a $67.9 million after-tax benefit related to the MoLo acquisition.

On a non-GAAP basis, the full year net income was $84.8 million, or $3.70 per diluted share, compared to $149.7 million, or $6.28 per diluted share, in 2024.

Seth Runser, President and CEO of ArcBest, remarked, “2025 was a year of strong execution and meaningful progress for ArcBest. Amid a challenging freight environment, our team delivered growth in LTL shipments and tonnage, restored profitability in Asset-Light, and achieved record Asset-Light productivity as customers increasingly embraced our integrated, technology-driven solutions.” He further emphasized the company's commitment to advancing its strategic plan to drive long-term value.

The Asset-Based segment saw revenues of $648.8 million in Q4 2025, slightly down from $656.2 million in Q4 2024. Key metrics included a 2.6% increase in tonnage per day and a 2.4% increase in daily shipments. However, the operating income drastically fell to $24.4 million, with an operating ratio of 96.2%, compared to $52.3 million and 92.0% in the previous year.

The Asset-Light segment reported revenues of $353.5 million for Q4 2025, down from $375.4 million year-over-year. Despite a 0.8% increase in shipments per day, the segment faced challenges with an operating loss of $9.9 million, compared to an operating loss of $1.6 million in Q4 2024.

In 2025, ArcBest made total net capital expenditures of $198 million, primarily focusing on enhancing its Asset-Based operations. The company returned over $86 million to shareholders through share repurchases and dividends, with $100.8 million remaining under its current stock repurchase authorization.

ArcBest's management remains optimistic about the company's future, focusing on strategic initiatives that leverage technology and integrated solutions to meet evolving customer needs. As the logistics market continues to face volatility, the company's emphasis on operational efficiency and customer relationships positions it well for potential recovery and growth.

ArcBest plans to host a conference call today, January 30, 2026, at 9:30 a.m. ET, to discuss these results in greater detail and provide insights on the company's strategic outlook.

In summary, while 2025 presented significant challenges for ArcBest, the company showcased its resilience and commitment to long-term growth, making necessary adjustments to navigate a fluctuating freight environment.