Every 10-Q that PAMT CORP (PAMT) 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 PAMT 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 PAMT filings page.
PAMT CORP, a truckload and brokerage carrier, reported continued losses for the quarter and six months ended June 30, 2026, though results improved year over year. Net loss was approximately $7.4 million in Q2 and $7.5 million for the first half, versus larger losses in 2025, as gains on asset sales and investments partly offset weak trucking margins.
Truckload services revenue before fuel surcharges fell 7.3% in Q2 to $86.1 million, pressured by lower rates and fewer manned trucks, while brokerage and logistics revenue rose 24.0% to $50.8 million on more brokered loads and better spreads. Insurance and claims costs increased due to higher auto-liability reserves, and interest expense rose as average borrowing rates climbed above 5.5%. Non-operating income benefited from a $12.7 million gain on a Laredo, Texas property sale and $8.4 million in realized gains on marketable equity securities.
Liquidity tightened: operating activities used $16.7 million of cash in the first half, cash declined to $18.2 million, and long-term debt (including current portion) stood near $332.8 million. The company still holds $38.7 million of marketable equity securities and a $60.0 million undrawn revolver. A previously recorded $30.0 million motor-vehicle accident settlement, with $26.5 million net Company exposure, is being paid down, leaving $10.0 million outstanding and a separate $3.1 million reserve for other large auto claims.
PAMT CORP reported essentially break-even results for the quarter ended March 31, 2026, with a net loss of $8,000 on revenue of $141.9 million, down from $155.3 million a year earlier. Core truckload revenue before fuel surcharges fell to $78.3 million from $92.4 million as rates per mile and the average number of manned trucks declined, though miles per truck improved. Brokerage and logistics revenue held roughly flat at $44.4 million.
Profitability was helped by a $12.7 million gain on the sale of a Laredo, Texas property to a related party and $5.6 million of realized gains on marketable equity securities, partly offset by higher interest expense and increased insurance and claims costs. The company had $40.5 million of cash and $40.8 million of marketable equity securities, long-term debt of $320.7 million, and access to a $60 million revolving credit facility with no borrowings outstanding. A previously recorded $26.5 million legal settlement related to a 2024 accident remained fully reserved, with $25.0 million still payable over 2026–2027.
PAMT CORP reported weaker results for the quarter ended September 30, 2025. Total operating revenues were $150.3 million, down from $182.6 million a year ago, and the company posted a net loss of $5.6 million (diluted EPS $(0.27)) versus prior-year net income of $2.4 million. For the first nine months, revenues were $456.7 million and net loss was $23.4 million (diluted EPS $(1.10)).
Truckload services remained the core business with $91.2 million of revenue before fuel surcharge (68.6% mix), while brokerage and logistics contributed $41.8 million (31.4%). Fuel surcharge revenue was $17.3 million. Management cited lower miles and softer rates amid an ongoing freight recession. Depreciation rose and interest expense increased to $4.5 million from $2.9 million, pressuring results, partly offset by $2.5 million in non-operating income.
Liquidity remained stable with $68.8 million in cash and no line-of-credit borrowings at quarter end. Operating cash flow was $23.1 million year-to-date. Long-term debt (carrying value) was $342.4 million. The company completed a tender repurchase of 870,000 shares at $17.00 for about $14.8 million. New tax legislation (OBBBA) reduced deferred tax liabilities by $8.5 million versus year-end.