Proficient Auto Logistics, Inc. (PAL) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 23, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the PAL SEC filings page.
This page shows Proficient Auto Logistics, Inc. (PAL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The balance sheet is becoming less liquid as losses deepen, while liabilities stay broadly flat and equity absorbs the deterioration.
The FY2025 net loss of$36.0M coincided with ROA of-7.5% , linking earnings deterioration to weaker returns on the asset base. Assets and liabilities both declined slightly from FY2024 to FY2025, but equity fell much more sharply, indicating losses—not new borrowing drove the balance-sheet deterioration.
The current ratio fell from 1.3x in FY2024 to 1.1x in FY2025, narrowing the short-term cushion as current liabilities approached current assets. Accounts receivable rose to
Goodwill fell from
Financial Health Signals
We are recalculating Proficient Auto Logistics, Inc.'s peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.
Proficient Auto Logistics, Inc. passes 0 of 5 computable financial strength tests (4 of the nine could not be computed from available data). No profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution).
Key Financial Metrics
Earnings & Revenue
Proficient Auto Logistics, Inc. generated $109.4M in revenue in Q2 2026. This represents a decrease of 5.3% from the same quarter a year earlier. Against the prior quarter it is up 16.8%.
Proficient Auto Logistics, Inc.'s EBITDA was $6.4M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 4097.4% from the same quarter a year earlier. Against the prior quarter it is up 105.7%.
Proficient Auto Logistics, Inc. reported a net loss of $3.9M in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Proficient Auto Logistics, Inc. earned -$0.14 per diluted share (EPS) in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Cash & Balance Sheet
Proficient Auto Logistics, Inc. recorded an outflow of $3.1M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 127.4% from the same quarter a year earlier. Against the prior quarter it is down 357.6%.
Proficient Auto Logistics, Inc. held $8.1M in cash against $44.6M in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Proficient Auto Logistics, Inc.'s operating margin was -3.0% in Q2 2026, reflecting core business profitability. This is down 3.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.4 percentage points.
Proficient Auto Logistics, Inc.'s net profit margin was -3.6% in Q2 2026, showing the share of revenue converted to profit. This is down 2.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.4 percentage points.
Proficient Auto Logistics, Inc.'s quarterly ROE was -1.3% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is down 0.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.8 percentage points.
Not reported for Q2 2026.
Capital Allocation
Proficient Auto Logistics, Inc. repurchased no shares in Q2 2026. Against the prior quarter it is down 100.0%.
Proficient Auto Logistics, Inc. invested $1.8M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 474.7% from the same quarter a year earlier. Against the prior quarter it is up 133.8%.
Not reported for Q2 2026.
PAL Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $109.4M-5.3% | $93.7M-1.6% | N/A | N/A | $115.5M | $95.2M | N/A | $91.5M+173.4% |
| SG&A Expenses | $4.5M+4.8% | $4.4M+6.3% | N/A | $1.4M-7.4% | $4.3M+852.6% | $4.1M | N/A | $1.5M+73.5% |
| Operating Income | -$3.2M-2680.6% | -$6.9Mn/m | N/A | N/A | $125K | -$2.4M | N/A | -$2.2M-195.8% |
| EBITDA | $6.4M+4097.4% | $3.1M-52.8% | N/A | N/A | $151K | $6.5M | N/A | -$2.2M-174.5% |
| Interest Expense | $1.4M-22.1% | $1.4M-11.1% | N/A | N/A | $1.8M | $1.6M | N/A | $1.4M+520.8% |
| Income Tax | -$814Kn/m | -$1.8Mn/m | N/A | N/A | -$325K-169.1% | -$703K | N/A | -$328K-165.8% |
| Net Income | -$3.9Mn/m | -$6.5Mn/m | N/A | -$3.0Mn/m | -$1.6Mn/m | -$3.2M | N/A | -$1.4M-187.8% |
| EPS (Basic) | -$0.14n/m | -$0.23n/m | -$1.03n/m | -$0.11n/m | -$0.06n/m | -$0.12 | -$0.12 | -$0.05 |
| EPS (Diluted) | -$0.14n/m | -$0.23n/m | N/A | N/A | -$0.06 | -$0.12 | N/A | -$0.05 |
| Diluted Shares (Avg) | 28M+1.1% | 28M+2.8% | N/A | N/A | 28M | 27M | N/A | 26M |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
PAL Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $460.5M | $466.4M | $478.0M-5.9% | N/A | N/A | N/A | $508.1M+1081.7% | $498.2M |
| Current Assets | $73.1M | $69.6M | $71.4M+5.5% | N/A | N/A | N/A | $67.7M+188.9% | $69.8M |
| Cash & Equivalents | $8.1M-40.4% | $9.8M-10.6% | $14.3M-7.2% | N/A | $13.6M | $10.9M | $15.4M+360272.4% | $16.8M |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | N/A | $0 | $0 | $0n/m | $0 |
| Accounts Receivable | $53.7M | $49.0M | $42.2M+12.8% | N/A | N/A | N/A | $37.4M+88.9% | $38.7M |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | N/A | $0 | $0 | $0n/m | $0 |
| Goodwill | $148.6M | $148.6M | $148.5M-12.2% | N/A | N/A | N/A | $169.1M | $148.1M |
| Total Liabilities | $157.3M | $160.7M | $166.6M-2.1% | N/A | N/A | N/A | $170.1M+382.7% | $159.8M |
| Current Liabilities | $61.7M | $65.5M | $63.9M+21.4% | N/A | N/A | N/A | $52.6M+243.5% | $55.7M |
| Non-Current Liabilities | $95.6M | $95.2M | $102.7M-12.6% | N/A | N/A | N/A | $117.5M+489.7% | $104.0M |
| Long-Term Debt | $44.6M-47.9% | $49.4M-31.0% | $54.0M-4.1% | $79.5M+75.6% | $85.5M+63.3% | $71.6M | $56.3M+1018.8% | $45.3M |
| Total Equity | $303.2M-10.7% | $305.7M-9.0% | $311.4M-7.9% | N/A | $339.5M | $336.0M | $338.0M+4259.5% | $338.5M |
| Retained Earnings | -$55.5M | -$51.6M | -$45.1Mn/m | N/A | N/A | N/A | -$9.0M-216.8% | -$5.8M |
Not reported in any period shown, so not listed: Inventory.
PAL Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.3M-110.8% | $2.0M+21.4% | N/A | N/A | $11.6M | $1.6M | N/A | N/A |
| Depreciation & Amortization | $9.6M+36843.1% | $10.0M+12.5% | $30K+606.4% | $23K+2887.6% | $26K+7068.0% | $8.9M | $4K | $775-99.9% |
| Stock-Based Compensation | $1.3M+10.2% | $1.4M+14.3% | N/A | $1.9M+74.6% | $1.2M-81.7% | $1.2M | N/A | $1.1M |
| Capital Expenditures | $1.8M+474.7% | $785K-70.3% | N/A | N/A | $319K | $2.6M | N/A | N/A |
| Free Cash Flow | -$3.1M-127.4% | $1.2Mn/m | N/A | N/A | $11.3M | -$1.0M | N/A | N/A |
| Investing Cash Flow | -$1.7Mn/m | -$718Kn/m | N/A | N/A | -$8.7M | -$2.4M | N/A | N/A |
| Financing Cash Flow | $1.4Mn/m | -$5.8Mn/m | N/A | N/A | -$133K | -$3.7M | N/A | N/A |
| Share Buybacks | $0 | $518K | N/A | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Dividends Paid.
PAL Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | -3.0%-3.1pp | -7.4%-4.9pp | N/A | N/A | 0.1% | -2.5% | N/A | -2.4%-9.2pp |
| Net Margin | -3.6%-2.2pp | -6.9%-3.6pp | N/A | N/A | -1.4% | -3.4% | N/A | -1.5%-6.1pp |
| Return on Equity | -1.3%-0.8pp | -2.1%-1.2pp | N/A | N/A | -0.5% | -0.9% | N/A | -0.4% |
| Return on Assets | -0.9% | -1.4% | N/A | N/A | N/A | N/A | N/A | -0.3% |
| Current Ratio | 1.18 | 1.06 | 1.12-0.2x | N/A | N/A | N/A | 1.29-0.2x | 1.25 |
| Debt-to-Equity | 0.15-0.1x | 0.16-0.1x | 0.170.0x | N/A | 0.25 | 0.21 | 0.17-0.5x | 0.13 |
| Liabilities-to-Equity | 0.52 | 0.53 | 0.540.0x | N/A | N/A | N/A | 0.50-4.0x | 0.47 |
| Asset Turnover | 0.24 | 0.20 | N/A | N/A | N/A | N/A | N/A | 0.18 |
| FCF Margin | -2.8%-12.6pp | 1.3%+2.3pp | N/A | N/A | 9.8% | -1.1% | N/A | N/A |
Not reported in any period shown, so not listed: Gross Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Proficient Auto Logistics, Inc. PAL | FY2025 | N/A | -$36.0M | N/A | $76.0M | — |
| BingEx Limited FLX | FY2025 | $570.9M | $15.6M | 2.7% | $109.0M | 39/100 |
| Freightos Limited CRGO | FY2025 | $29.5M | -$17.5M | -59.5% | $38.5M | 66/100 |
| Shengfeng Development Limited SFWL | FY2025 | $572.5M | $11.9M | 2.1% | $34.1M | 60/100 |
| Radiant Logistics, Inc. RLGT | FY2026 | $934.4M | $18.8M | 2.0% | $409.7M | 47/100 |
| Armlogi Holding Corp. BTOC | FY2026 | $185.8M | -$20.9M | -11.2% | $7.2M | 17/100 |
Where Proficient Auto Logistics, Inc. Ranks
Frequently Asked Questions
Is Proficient Auto Logistics, Inc. profitable?
No, Proficient Auto Logistics, Inc. (PAL) reported a net loss of $36.0M in fiscal year 2025.
How much debt does Proficient Auto Logistics, Inc. have?
As of fiscal year 2025, Proficient Auto Logistics, Inc. (PAL) had $14.3M in cash and equivalents against $54.0M in long-term debt.
What is Proficient Auto Logistics, Inc.'s return on equity (ROE)?
Proficient Auto Logistics, Inc. (PAL) has a return on equity of -11.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What are Proficient Auto Logistics, Inc.'s total assets?
Proficient Auto Logistics, Inc. (PAL) had $478.0M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Proficient Auto Logistics, Inc.'s current ratio?
Proficient Auto Logistics, Inc. (PAL) had a current ratio of 1.12 as of fiscal year 2025, which is considered adequate.
What is Proficient Auto Logistics, Inc.'s debt-to-equity ratio?
Proficient Auto Logistics, Inc. (PAL) had a debt-to-equity ratio of 0.17 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is Proficient Auto Logistics, Inc.'s liabilities-to-equity ratio?
Proficient Auto Logistics, Inc. (PAL) had a liabilities-to-equity ratio of 0.54 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is Proficient Auto Logistics, Inc.'s return on assets (ROA)?
Proficient Auto Logistics, Inc. (PAL) had a return on assets of -7.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Proficient Auto Logistics, Inc.'s P/E ratio?
Proficient Auto Logistics, Inc. (PAL) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $76.0M as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Proficient Auto Logistics, Inc.'s price-to-sales ratio?
Proficient Auto Logistics, Inc. (PAL) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $76.0M as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Proficient Auto Logistics, Inc.'s Piotroski F-Score?
Proficient Auto Logistics, Inc. (PAL) has a Piotroski F-Score of 0 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.