Proficient Auto Logistics Reports Third Quarter 2026 Financial Results
Globe Newswire•12/11/2026•17:39 ET
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Key Highlights
- ➤Q3 revenue $149.0 million, up 30.3% year over year
- ➤Adjusted operating income $0.3 million, down from $4.2 million
- ➤Adjusted EBITDA $7.9 million, down from $12.0 million year over year
- ➤Annual run-rate synergy opportunities $20 million-$30 million, versus $6 million-$10 million initially
- ➤Net debt reached approximately $128.8 million after the Hansen & Adkins acquisition
Expert Statements
Rick O’Dell, Chief Executive Officer of Proficient Auto Logistics
“While our third-quarter results reflected healthy underlying demand, performance today does not yet reflect the earnings potential of this business, and we are focused on closing that gap and delivering for shareholders. We are encouraged by the opportunities ahead and are taking decisive actions to strengthen profitability and cash generation. The combination with Hansen & Adkins is creating a stronger, more scalable platform, and the significant increase in the synergy opportunities we have identified reinforces our confidence in the potential of the combined company. As we execute on the integration, improve pricing and fuel recovery and drive greater efficiency across our network, we believe we have a clear path to improved financial performance and long-term value creation.”
JACKSONVILLE, Fla., Nov. 12, 2026 (GLOBE NEWSWIRE) -- Proficient Auto Logistics, Inc. (NASDAQ: PAL) (the “Company” or “Proficient”) today reported its financial results for the three months ended September 30, 2026.
Total Operating Revenue of $149.0 million, increased 30.3% from Q3 2025
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