NYSE$TFII

TFI International Inc · Q2 2026 earnings

Q2 2026 earnings · · After market close · Investor relations

Briefing

TFI International Inc reported strong Q2 2026 results with revenue growth and significant EPS beat.

TFI International Inc. announced its Q2 2026 earnings on July 27, 2026, showing total revenue of $2.29 billion, up 12% YoY. Operating income rose 29% to $220.4 million, net income increased 39% to $136.2 million ($1.65 diluted EPS), and adjusted diluted EPS reached $1.85. Strong performance across segments drove free cash flow of $202.1 million.

  • Revenue reached $2.29 billion, up 12% year-over-year, with revenue before fuel surcharge at $1.90 billion.
  • Adjusted diluted EPS of $1.85 beat expectations and rose 38% from $1.34 in Q2 2025.
  • All segments contributed positively: Truckload operating income surged 50% to $105.8 million.
  • Generated $255.6 million in operating cash flow and $202.1 million free cash flow; declared $0.47 quarterly dividend.

Headline financials

Total Revenue

$2.29B

Previous: $2.04B+12.4%
EPS (adj)

$1.85

Previous: $1.34+38.1%
Adjusted EBITDA

$364M

No prior period
Net cash from operating activities

$256M

No prior period
Quarterly dividend per share

$0.47

No prior period
Free Cash Flow

$202M

Previous: $182M+10.9%
Net Income

$136M

Previous: $98.2M+38.7%
Operating Income

$220M

Previous: $170M+29.5%

Revenue & EPS history

TFI · Revenue · Quarterly

$2.29B

Q2 2026+12.4%vs Q2 2025
Beat estimate in 1 of 3 quarters(33%)
ActualEstimate

Revenue by segment

TFI · $1.81B total across 3 segments · Q2 2025

  • Truckload
    $712M
  • Less-Than-Truckload
    $704M
  • Logistics
    $393M

Forward guidance

For Q3 2026, expects adjusted EPS in the range of $1.70 to $1.80.

Tailwinds

  • Strong segment performance and pricing opportunities in LTL.
  • Solid free cash flow supporting dividends and investments.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 5 quarterly earnings reports

Historical avg

+0.4%

Avg return

Earnings day

+1.0%

Avg return

5 days after

-2.8%

Avg return

30 days after

17%

1 / 6 earnings

Positive

+3.9%

Q2 2025

Best reaction

-0.8%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026
Q4 2026+0.0%+4.1%
Q2 2025+3.9%-5.6%+4.4%
Q3 2023-0.7%-1.5%-2.5%
Q2 2023+0.0%+1.2%+5.5%
Q1 2023-0.2%+2.4%-15.0%
Q4 2022-0.8%+5.2%-6.4%

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