Saia Inc. Files Q1 2025 10-Q
Ticker: SAIA · Form: 10-Q · Filed: 2025-04-28T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, quarterly-report, financials
TL;DR
Saia Inc. 10-Q filed for Q1 2025, showing financial performance and credit facility details.
AI Summary
Saia Inc. filed its 10-Q for the period ending March 31, 2025. The filing details financial performance and operational updates for the first quarter of 2025. Key financial data and disclosures related to credit facilities and lease liabilities are included.
Why It Matters
This filing provides investors with an update on Saia Inc.'s financial health and operational status for the first quarter of 2025, impacting investment decisions.
Risk Assessment
Risk Level: low — This is a routine quarterly filing providing standard financial disclosures.
Key Numbers
- 1231 — Fiscal Year End (Indicates the end of the company's fiscal year.)
- 2025-03-31 — Reporting Period End Date (Marks the end of the financial reporting quarter.)
- 2024-12-31 — Previous Year End Date (Provides a point of comparison for financial trends.)
Key Players & Entities
- SAIA INC (company) — Filer
- 20250331 (date) — Period of Report
- 20250428 (date) — Filing Date
- SCS TRANSPORTATION INC (company) — Former Company Name
- 0000950170-25-059315 (other) — Accession Number
FAQ
What is the reporting period for this 10-Q filing?
The conforming period of report is March 31, 2025.
When was this 10-Q filed with the SEC?
This filing was made on April 28, 2025.
What was Saia Inc.'s former company name?
Saia Inc.'s former company name was SCS TRANSPORTATION INC.
What is the fiscal year end for Saia Inc.?
Saia Inc.'s fiscal year ends on December 31.
What type of financial reporting is this document?
This document is a 10-Q filing, which is a quarterly report.
From the Filing
0000950170-25-059315.txt : 20250428 0000950170-25-059315.hdr.sgml : 20250428 20250428161316 ACCESSION NUMBER: 0000950170-25-059315 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 40 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250428 DATE AS OF CHANGE: 20250428 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SAIA INC CENTRAL INDEX KEY: 0001177702 STANDARD INDUSTRIAL CLASSIFICATION: TRUCKING (NO LOCAL) [4213] ORGANIZATION NAME: 01 Energy & Transportation EIN: 481229851 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-49983 FILM NUMBER: 25880494 BUSINESS ADDRESS: STREET 1: 11465 JOHNS CREEK PARKWAY STREET 2: STE 400 CITY: JOHNS CREEK STATE: GA ZIP: 30097 BUSINESS PHONE: 7702325067 MAIL ADDRESS: STREET 1: 11465 JOHNS CREEK PARKWAY STREET 2: STE 400 CITY: JOHNS CREEK STATE: GA ZIP: 30097 FORMER COMPANY: FORMER CONFORMED NAME: SCS TRANSPORTATION INC DATE OF NAME CHANGE: 20020717 10-Q 1 saia-20250331.htm 10-Q 10-Q 0001177702 --12-31 false Q1 one day http://fasb.org/us-gaap/2024#FinanceLeaseLiabilityNoncurrent http://fasb.org/us-gaap/2024#FinanceLeaseLiabilityNoncurrent 0001177702 2023-12-31 0001177702 us-gaap:DeferredCompensationShareBasedPaymentsMember 2024-01-01 2024-03-31 0001177702 2024-07-01 srt:MaximumMember 2025-03-31 0001177702 us-gaap:RevolvingCreditFacilityMember saia:ExistingCreditAgreementMember 2024-12-31 0001177702 srt:MinimumMember 2025-01-01 2025-03-31 0001177702 2025-03-31 0001177702 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001177702 saia:ShelfAgreementMember 2024-12-31 0001177702 us-gaap:RetainedEarningsMember 2025-01-01 2025-03-31 0001177702 srt:MaximumMember saia:SecuredOvernightFinancingRateMember 2024-12-09 2024-12-09 0001177702 srt:MaximumMember 2025-01-01 2025-03-31 0001177702 us-gaap:CommonStockMember 2024-12-31 0001177702 us-gaap:CommonStockMember 2025-01-01 2025-03-31 0001177702 us-gaap:PropertyPlantAndEquipmentMember 2025-01-01 2025-03-31 0001177702 us-gaap:RetainedEarningsMember 2024-03-31 0001177702 2024-12-31 0001177702 us-gaap:RetainedEarningsMember 2023-12-31 0001177702 2024-03-31 0001177702 saia:ShelfAgreementMember 2025-03-31 0001177702 saia:PrivateShelfAgreementMember srt:MaximumMember 2024-05-01 2024-05-01 0001177702 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001177702 us-gaap:AdditionalPaidInCapitalMember 2025-01-01 2025-03-31 0001177702 us-gaap:CommonStockMember 2023-12-31 0001177702 us-gaap:DeferredCompensationShareBasedPaymentsMember 2024-12-31 0001177702 srt:MinimumMember 2024-12-09 2024-12-09 0001177702 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001177702 2024-01-01 2024-03-31 0001177702 srt:MinimumMember saia:SecuredOvernightFinancingRateMember 2024-12-09 2024-12-09 0001177702 us-gaap:DeferredCompensationShareBasedPaymentsMember 2023-12-31 0001177702 us-gaap:PropertyPlantAndEquipmentMember srt:MinimumMember 2025-03-31 0001177702 us-gaap:CommonStockMember 2024-03-31 0001177702 saia:SecuredOvernightFinancingRateMember 2024-12-09 2024-12-09 0001177702 us-gaap:RevolvingCreditFacilityMember saia:ExistingCreditAgreementMember 2025-03-31 0001177702 us-gaap:AdditionalPaidInCapitalMember 2025-03-31 0001177702 us-gaap:RevolvingCreditFacilityMember srt:MaximumMember 2024-12-09 0001177702 2024-05-01 0001177702 us-gaap:CommonStockMember 2025-03-31 0001177702 2025-04-23 0001177702 us-gaap:BaseRateMember srt:MaximumMember 2024-12-09 2024-12-09 0001177702 us-gaap:DeferredCompensationShareBasedPaymentsMember 2025-03-31 0001177702 srt:MaximumMember 2024-12-09 2024-12-09 0001177702 saia:PrivateShelfAgreementMember 2023-11-09 2023-11-09 0001177702 us-gaap:RetainedEarningsMember 2025-03-31 0001177702 us-gaap:PropertyPlantAndEquipmentMember srt:MaximumMember 2025-03-31 0001177702 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0001177702 us-gaap:RevolvingCreditFacilityMember 2025-03-31 0001177702 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0001177702 us-gaap:BaseRateMember srt:Minimu