Every 10-Q that Proficient Auto Logistics Inc (PAL) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow PAL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PAL filings page.
Proficient Auto Logistics, Inc. reported first-half 2026 operating revenue of $203.1 million, down slightly from $210.8 million a year earlier, and a larger net loss of $10.4 million compared with $4.7 million. Operating cash flow fell sharply to $0.7 million from $13.2 million.
Total assets were $460.5 million and total liabilities $157.3 million, leaving equity of $303.2 million. The Company Drivers segment posted a first-half operating loss of $6.1 million, while Subhaulers generated operating profit of $10.4 million. Long-term debt was $64.2 million plus $6.7 million drawn on the revolver. After quarter-end, Proficient closed the $130 million Hansen & Adkins acquisition and issued $75 million of convertible senior notes due 2033 to support the transaction and refinance debt.
Proficient Auto Logistics, Inc. reported weaker results for the quarter ended March 31, 2026. Total operating revenue was $93.7 million, slightly below $95.2 million a year earlier, while net loss widened to $6.5 million from $3.2 million. Basic and diluted loss per share increased to $0.23 from $0.12.
EBITDA fell to $3.1 million with a 3.3% margin, and Adjusted EBITDA declined to $4.5 million with a 4.8% margin, both down from the prior year period. Cash and cash equivalents decreased to $9.8 million from $14.3 million at year-end, while long-term debt (including current portion) declined to $69.3 million.
The Company Drivers segment grew revenue to $36.3 million, but Subhaulers revenue decreased to $57.4 million as more loads shifted to company drivers. The company also launched a $15 million share repurchase program and had repurchased 82,877 shares at an average price of $6.25 by quarter-end.
Proficient Auto Logistics (PAL) filed its quarterly report, showing higher scale but continued losses. For Q3 2025, revenue was $114.3 million and net loss was $3.0 million (basic loss per share $0.11). For the first nine months of 2025, revenue reached $325.0 million with a net loss of $7.8 million, as depreciation, amortization, purchased transportation, and interest weighed on results. A one-time $1.9 million restructuring charge was recorded in Q3.
Operating cash flow improved to $25.7 million year‑to‑date, ending cash was $14.5 million, and long‑term debt totaled $79.5 million (no balance outstanding on the revolving line; $20 million borrowing capacity available as of September 30, 2025). The Company Drivers segment generated $115.8 million in nine‑month revenue, while Subhaulers contributed $209.2 million. PAL completed tuck‑in deals—Brothers Auto Transport on April 1, 2025 and PVT Truck & Trailer Repair on May 27, 2025—to expand service coverage and maintenance capabilities. Shares outstanding were 27,830,037 as of November 10, 2025.