What is Proficient Auto Logistics' operating income?

Proficient Auto Logistics' total operating income in 2025 was -$35.33 million, based on the following breakdown: Total Gross Profit: $645.70 million Total Operating Expenses: $714.59 million

Proficient Auto Logistics (PAL) Financials

$6.97 +0.31 (+4.65%)

Closing price 07/10/2026 04:00 PM Eastern

Extended Trading

$6.98 +0.00 (+0.07%)

As of 07/10/2026 07:17 PM Eastern

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Annual Income Statements for Proficient Auto Logistics

This table shows Proficient Auto Logistics' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024	2025
Period end date	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-3.13	-2.24	-17	-69
Consolidated Net Income / (Loss)	0.00	0.00	-17	-72
Net Income / (Loss) Continuing Operations	-3.13	-2.24	-17	-69
Total Pre-Tax Income	0.00	0.00	-31	-43
Total Operating Income	0.00	0.00	-7.89	-35
Total Gross Profit	0.00	0.00	362	646
Total Revenue	0.00	0.00	482	861
Operating Revenue	0.00	0.00	482	861
Total Cost of Revenue	0.00	0.00	120	215
Operating Cost of Revenue	0.00	0.00	120	215
Total Operating Expenses	0.00	0.00	376	715
Selling, General & Admin Expense	0.00	0.00	28	47
Depreciation Expense	0.00	0.00	16	30
Amortization Expense	0.00	0.00	13	20
Other Operating Expenses / (Income)	0.00	0.00	311	577
Impairment Charge	-	0.00	0.00	28
Restructuring Charge	-	0.00	0.00	2.44
Other Special Charges / (Income)	0.00	0.00	8.73	11
Total Other Income / (Expense), net	0.00	0.00	-5.52	-14
Interest Expense	0.00	0.00	4.01	6.59
Other Income / (Expense), net	0.00	0.00	-1.52	-7.54
Income Tax Expense	3.13	2.24	-2.49	-14
Basic Earnings per Share	$0.00	$0.00	($0.94)	($2.62)
Weighted Average Basic Shares Outstanding	0.00	0.00	35.88M	55.16M
Diluted Earnings per Share	$0.00	$0.00	($0.47)	($1.31)
Weighted Average Diluted Shares Outstanding	0.00	0.00	17.94M	27.58M
Weighted Average Basic & Diluted Shares Outstanding	-	-	-	27.73M

This table shows Proficient Auto Logistics' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	1.56	0.00	-6.37	-4.45	-23	-3.19	-4.34	-4.14	-57	-6.49
Consolidated Net Income / (Loss)	1.56	0.00	-7.10	-2.73	-12	-3.19	-1.56	-3.02	-64	-6.49
Net Income / (Loss) Continuing Operations	1.56	0.00	-6.37	-4.45	-23	-3.19	-4.34	-4.14	-57	-6.49
Total Pre-Tax Income	2.05	0.00	-3.08	-1.69	-7.72	-3.89	0.00	0.00	-39	-8.30
Total Operating Income	2.28	0.00	-2.61	-2.19	-5.40	-2.36	0.00	0.00	-33	-6.93
Total Gross Profit	12	0.00	80	132	315	48	0.00	0.00	598	49
Total Revenue	33	0.00	112	183	390	95	0.00	0.00	766	94
Operating Revenue	33	0.00	112	183	-	95	0.00	0.00	766	94
Total Cost of Revenue	22	0.00	32	51	75	47	0.00	0.00	168	45
Operating Cost of Revenue	22	0.00	32	51	-	47	0.00	0.00	168	45
Total Operating Expenses	9.24	0.00	85	136	335	50	4.34	4.14	656	56
Selling, General & Admin Expense	3.00	0.00	4.26	12	11	9.06	1.88	1.69	35	9.65
Depreciation Expense	0.65	0.00	3.42	6.57	-	6.49	0.00	0.00	23	7.61
Amortization Expense	0.00	0.00	2.15	5.48	-	2.42	2.45	2.45	13	2.41
Other Operating Expenses / (Income)	5.65	0.00	68	111	-	31	0.00	0.00	546	35
Other Special Charges / (Income)	-0.06	0.00	6.68	0.96	-	1.19	0.00	0.00	9.60	1.34
Total Other Income / (Expense), net	-0.23	0.00	-0.95	-1.06	-6.02	-1.53	0.00	0.00	-13	-1.36
Interest Expense	0.23	0.00	0.64	1.41	-	1.57	0.00	0.00	5.02	1.40
Other Income / (Expense), net	0.00	0.00	-0.31	0.35	-	0.04	0.00	0.00	-7.58	0.03
Income Tax Expense	0.50	0.00	0.94	-0.33	-	-0.70	0.00	0.00	-14	-1.81
Basic Earnings per Share	$0.00	$0.00	($0.48)	($0.10)	($0.30)	($0.12)	($0.06)	($0.11)	($2.33)	($0.23)
Weighted Average Basic Shares Outstanding	0.00	0.00	29.99M	52.99M	35.88M	27.07M	27.61M	27.80M	55.16M	27.83M
Diluted Earnings per Share	$0.00	$0.00	($0.24)	($0.05)	-	($0.12)	$0.00	$0.00	($1.19)	($0.23)
Weighted Average Diluted Shares Outstanding	0.00	0.00	14.99M	26.50M	17.94M	27.07M	0.00	0.00	27.58M	27.83M
Weighted Average Basic & Diluted Shares Outstanding	-	26.09M	25.96M	27.03M	0.00	27.07M	27.79M	27.83M	27.73M	27.77M

This table details how cash moves in and out of Proficient Auto Logistics' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024	2025
Period end date	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-0.05	0.00	8.42	-40
Net Cash From Operating Activities	5.95	11	11	33
Net Cash From Continuing Operating Activities	5.97	11	4.20	-5.91
Net Income / (Loss) Continuing Operations	10	7.16	-17	-72
Consolidated Net Income / (Loss)	10	7.16	-17	-72
Depreciation Expense	2.29	2.52	21	39
Amortization Expense	0.04	0.01	0.09	0.07
Non-Cash Adjustments To Reconcile Net Income	0.07	0.13	7.10	27
Changes in Operating Assets and Liabilities, net	-6.83	0.91	-7.46	-0.10
Net Cash From Investing Activities	-0.45	0.19	-205	-12
Net Cash From Continuing Investing Activities	-0.45	0.19	-205	-12
Purchase of Property, Plant & Equipment	-0.64	-0.52	-6.18	-3.90
Acquisitions	0.00	0.00	-200	-8.77
Sale of Property, Plant & Equipment	0.20	0.71	1.58	1.14
Net Cash From Financing Activities	-5.55	-11	209	-23
Net Cash From Continuing Financing Activities	-5.60	-11	209	-23
Repayment of Debt	-125	-141	-45	-36
Payment of Dividends	0.00	-5.00	0.00	0.00
Issuance of Debt	119	135	41	13
Issuance of Common Equity	0.00	0.00	212	0.00
Other Financing Activities, net	-0.05	-	-0.05	-0.09
Cash Interest Paid	1.15	1.12	3.70	6.61
Cash Income Taxes Paid	0.42	1.25	1.96	2.21

This table details how cash moves in and out of Proficient Auto Logistics' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	0.00	-0.00	1.03	31	-18	1.35	-4.49	3.95	-2.11	-38	-4.53
Net Cash From Operating Activities	2.35	4.71	4.96	-0.60	3.40	2.95	1.63	12	12	7.50	1.98
Net Cash From Continuing Operating Activities	2.38	4.69	4.96	-4.42	5.20	5.75	1.63	5.80	9.47	-23	1.98
Net Income / (Loss) Continuing Operations	1.56	2.36	0.87	-8.60	-2.73	-12	-3.19	-6.31	-6.04	-57	-6.49
Consolidated Net Income / (Loss)	1.56	2.36	0.87	-8.60	-2.73	-12	-3.19	-6.31	-6.04	-57	-6.49
Depreciation Expense	0.65	0.66	0.64	3.86	8.78	8.13	8.90	10	10	10	10
Amortization Expense	0.00	0.00	0.00	0.00	0.03	0.06	0.02	0.02	0.02	0.02	0.02
Non-Cash Adjustments To Reconcile Net Income	0.07	-0.05	-0.20	7.03	1.51	11	1.37	1.08	2.13	22	1.76
Changes in Operating Assets and Liabilities, net	0.10	1.72	3.64	-6.72	-2.40	-1.58	-5.47	0.87	3.16	1.34	-3.32
Net Cash From Investing Activities	0.07	0.29	0.02	-178	-24	-3.20	-2.39	-8.72	-0.07	-0.34	-0.72
Net Cash From Continuing Investing Activities	0.07	0.29	0.02	-178	-24	-3.20	-2.39	-8.72	-0.07	-0.34	-0.72
Purchase of Property, Plant & Equipment	-0.02	-0.17	-0.23	-5.89	0.32	-0.37	-2.64	-0.32	-0.24	-0.70	-0.78
Sale of Property, Plant & Equipment	0.09	0.46	0.25	0.51	0.47	0.35	0.25	0.67	0.17	0.06	0.07
Net Cash From Financing Activities	-2.42	-5.00	-3.96	213	1.23	-1.20	-3.73	-0.13	-11	-7.41	-5.80
Net Cash From Continuing Financing Activities	-2.42	-5.00	-3.96	213	1.23	-1.20	-3.73	6.87	-11	-14	-5.80
Repayment of Debt	-34	-38	-17	14	-14	-27	-5.71	-10	-12	-7.38	-5.27
Repurchase of Common Equity	-	-	-	-	-	-	0.00	-	-	-	-0.52
Issuance of Debt	37	33	13	-13	15	26	2.00	17	1.00	-7.00	0.00
Other Financing Activities, net	-	-	-0.11	0.09	-0.02	-	-0.02	-0.02	-0.02	-0.02	-0.01
Cash Interest Paid	0.21	0.35	0.51	0.01	1.27	1.90	1.56	1.77	1.73	1.54	1.40
Cash Income Taxes Paid	0.11	-0.05	1.05	-0.97	1.82	0.06	0.00	0.49	0.51	1.21	0.03

This table presents Proficient Auto Logistics' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2023	2024	2025
Period end date	12/31/2023	12/31/2024	12/31/2025
Total Assets	43	508	478
Total Current Assets	23	68	71
Cash & Equivalents	0.00	15	14
Short-Term Investments	0.03	0.27	0.13
Accounts Receivable	20	37	42
Inventories, net	0.82	1.36	1.71
Prepaid Expenses	2.77	10	11
Current Deferred & Refundable Income Taxes	0.00	2.94	1.79
Other Current Assets	0.00	0.27	0.03
Plant, Property, & Equipment, net	18	123	116
Total Noncurrent Assets	1.57	318	291
Noncurrent Note & Lease Receivables	0.00	0.18	0.02
Goodwill	0.00	169	148
Intangible Assets	0.00	132	123
Other Noncurrent Operating Assets	1.57	16	19
Total Liabilities & Shareholders' Equity	43	508	478
Total Liabilities	26	170	167
Total Current Liabilities	15	53	64
Short-Term Debt	1.60	19	20
Accounts Payable	2.54	9.83	8.31
Accrued Expenses	7.80	22	33
Other Current Liabilities	2.20	1.92	2.26
Total Noncurrent Liabilities	11	117	103
Long-Term Debt	8.49	63	54
Noncurrent Deferred & Payable Income Tax Liabilities	-	43	35
Other Noncurrent Operating Liabilities	0.00	12	14
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	7.75	338	311
Total Preferred & Common Equity	8.14	338	311
Total Common Equity	7.75	338	311
Common Stock	0.00	347	356
Retained Earnings	7.75	-9.05	-45
Treasury Stock	-	-	0.00

This table presents Proficient Auto Logistics' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	5.18	459	498	505	520	510	466
Total Current Assets	0.11	84	70	69	72	73	70
Cash & Equivalents	0.08	36	17	11	14	15	9.76
Short-Term Investments	-	-	0.28	0.25	0.24	0.16	0.10
Accounts Receivable	0.04	40	39	47	47	46	49
Inventories, net	-	1.42	1.48	1.44	1.60	1.63	1.83
Prepaid Expenses	-	5.95	12	7.60	8.43	8.15	7.63
Current Deferred & Refundable Income Taxes	-	-	-	1.90	0.87	2.29	1.27
Other Current Assets	-	0.35	0.51	0.01	0.04	0.03	0.01
Plant, Property, & Equipment, net	0.00	114	129	119	128	121	109
Total Noncurrent Assets	5.07	261	299	317	321	317	288
Noncurrent Note & Lease Receivables	-	0.00	0.23	0.12	0.09	0.04	0.01
Goodwill	-	127	148	171	174	173	149
Intangible Assets	-	114	135	130	130	127	120
Other Noncurrent Operating Assets	5.07	19	16	16	17	16	19
Total Liabilities & Shareholders' Equity	5.18	459	498	505	520	510	466
Total Liabilities	5.10	140	160	169	181	172	161
Total Current Liabilities	5.10	62	56	56	62	64	66
Short-Term Debt	-	22	19	18	23	21	20
Accounts Payable	5.10	11	10	13	12	11	9.90
Accrued Expenses	-	22	23	23	26	29	33
Other Current Liabilities	-	6.08	1.80	1.95	1.96	1.73	2.43
Total Noncurrent Liabilities	0.00	91	104	114	119	108	95
Long-Term Debt	-	33	55	61	68	58	49
Noncurrent Deferred & Payable Income Tax Liabilities	-	32	-	42	40	40	33
Other Noncurrent Operating Liabilities	-	0.37	9.76	11	11	10	13
Commitments & Contingencies	-	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	0.08	318	338	336	340	338	306
Total Preferred & Common Equity	0.08	318	338	336	340	338	306
Total Common Equity	0.08	318	338	336	340	338	306
Common Stock	0.96	323	344	348	353	355	358
Retained Earnings	-0.88	-4.43	-5.80	-12	-14	-17	-52
Treasury Stock	-	-	-	-	-	-	-0.52

This table displays calculated financial ratios and metrics derived from Proficient Auto Logistics' official financial filings.

Metric	2022	2023	2024	2025
Period end date	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	0.00	0.00	-	27,830,037.00
DEI Adjusted Shares Outstanding	0.00	0.00	-	27,830,037.00
DEI Earnings Per Adjusted Shares Outstanding	0.00	0.00	-	-2.46
Growth Metrics	-	-	-	-
Revenue Growth	0.00%	0.00%	0.00%	78.71%
EBITDA Growth	0.00%	9.01%	376.81%	-128.18%
EBIT Growth	0.00%	0.00%	0.00%	-355.69%
NOPAT Growth	0.00%	0.00%	0.00%	-347.70%
Net Income Growth	0.00%	0.00%	0.00%	-325.00%
EPS Growth	0.00%	0.00%	0.00%	-178.72%
Operating Cash Flow Growth	0.00%	80.44%	-0.14%	209.56%
Free Cash Flow Firm Growth	0.00%	0.00%	-1,357.26%	102.26%
Invested Capital Growth	0.00%	0.00%	1,436.76%	-8.25%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	205.17%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	-111.18%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	-514.34%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	-547.02%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	-384.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	-336.67%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	15.89%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	-7.85%
Profitability Metrics	-	-	-	-
Gross Margin	0.00%	0.00%	75.11%	75.01%
EBITDA Margin	0.00%	0.00%	2.51%	-0.40%
Operating Margin	0.00%	0.00%	-1.64%	-4.10%
EBIT Margin	0.00%	0.00%	-1.95%	-4.98%
Profit (Net Income) Margin	0.00%	0.00%	-3.52%	-8.37%
Tax Burden Percent	0.00%	0.00%	174.38%	166.60%
Interest Burden Percent	0.00%	0.00%	103.31%	100.85%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	-2.50%	-6.37%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	-28.90%	-81.08%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	-7.06%	-15.81%
Return on Equity (ROE)	0.00%	0.00%	-9.56%	-22.19%
Cash Return on Invested Capital (CROIC)	0.00%	-200.00%	-178.07%	2.23%
Operating Return on Assets (OROA)	0.00%	0.00%	-3.41%	-8.70%
Return on Assets (ROA)	0.00%	0.00%	-6.15%	-14.61%
Return on Common Equity (ROCE)	0.00%	0.00%	-9.32%	-22.19%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	-5.02%	0.00%
Net Operating Profit after Tax (NOPAT)	0.00	0.00	-5.52	-25
NOPAT Margin	0.00%	0.00%	-1.15%	-2.87%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	26.39%	74.70%
Return On Investment Capital (ROIC_SIMPLE)	-	0.00%	-1.29%	-6.41%
Cost of Revenue to Revenue	0.00%	0.00%	24.89%	24.99%
SG&A Expenses to Revenue	0.00%	0.00%	5.69%	5.49%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	0.00%	0.00%	79.69%	83.01%
Earnings before Interest and Taxes (EBIT)	0.00	0.00	-9.41	-43
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	2.33	2.54	12	-3.41
Valuation Ratios	-	-	-	-
Price to Book Value (P/BV)	0.00	27.73	0.43	0.86
Price to Tangible Book Value (P/TBV)	0.00	27.73	3.97	6.69
Price to Revenue (P/Rev)	0.00	0.00	0.30	0.31
Price to Earnings (P/E)	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	8.69	0.53	0.88
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.46	0.38
Enterprise Value to EBITDA (EV/EBITDA)	0.00	92.31	18.27	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	21.82	20.62	9.89
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	37.85
Leverage & Solvency	-	-	-	-
Debt to Equity	0.00	0.62	0.27	0.24
Long-Term Debt to Equity	0.00	0.53	0.21	0.17
Financial Leverage	0.00	0.62	0.24	0.20
Leverage Ratio	0.00	2.58	1.55	1.52
Compound Leverage Factor	0.00	0.00	1.61	1.53
Debt to Total Capital	0.00%	38.38%	21.33%	19.27%
Short-Term Debt to Total Capital	0.00%	5.93%	4.43%	5.26%
Long-Term Debt to Total Capital	0.00%	32.45%	16.90%	14.01%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	32.90%	0.00%	0.00%
Common Equity to Total Capital	0.00%	28.72%	78.67%	80.73%
Debt to EBITDA	0.00	4.08	7.58	-21.81
Net Debt to EBITDA	0.00	4.07	6.30	-17.58
Long-Term Debt to EBITDA	0.00	3.45	6.00	-15.85
Debt to NOPAT	0.00	0.00	-16.59	-3.01
Net Debt to NOPAT	0.00	0.00	-13.80	-2.42
Long-Term Debt to NOPAT	0.00	0.00	-13.14	-2.18
Altman Z-Score	0.00	5.37	1.41	2.36
Noncontrolling Interest Sharing Ratio	0.00%	53.39%	2.50%	0.00%
Liquidity Ratios	-	-	-	-
Current Ratio	0.00	1.53	1.29	1.12
Quick Ratio	0.00	1.29	1.01	0.89
Cash Flow Metrics	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-27	-393	8.67
Operating Cash Flow to CapEx	1,330.37%	0.00%	233.23%	1,203.30%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	-98.01	1.32
Operating Cash Flow to Interest Expense	0.00	0.00	2.67	5.04
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	1.53	4.62
Efficiency Ratios	-	-	-	-
Asset Turnover	0.00	0.00	1.75	1.75
Accounts Receivable Turnover	0.00	0.00	16.84	21.63
Inventory Turnover	0.00	0.00	110.02	140.12
Fixed Asset Turnover	0.00	0.00	6.85	7.22
Accounts Payable Turnover	0.00	0.00	19.39	23.73
Days Sales Outstanding (DSO)	0.00	0.00	21.67	16.87
Days Inventory Outstanding (DIO)	0.00	0.00	3.32	2.61
Days Payable Outstanding (DPO)	0.00	0.00	18.82	15.38
Cash Conversion Cycle (CCC)	0.00	0.00	6.16	4.09
Capital & Investment Metrics	-	-	-	-
Invested Capital	0.00	27	414	371
Invested Capital Turnover	0.00	0.00	2.18	2.22
Increase / (Decrease) in Invested Capital	0.00	27	387	-33
Enterprise Value (EV)	0.00	234	221	328
Market Capitalization	215	215	145	268
Book Value per Share	$0.00	$0.54	$9.42	$11.19
Tangible Book Value per Share	$0.00	$0.54	$1.02	$1.44
Total Capital	0.00	27	430	386
Total Debt	0.00	10	92	74
Total Long-Term Debt	0.00	8.76	73	54
Net Debt	0.00	10	76	60
Capital Expenditures (CapEx)	0.45	-0.19	4.60	2.76
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	9.67	19	13
Debt-free Net Working Capital (DFNWC)	0.00	9.71	34	28
Net Working Capital (NWC)	0.00	8.11	15	7.50
Net Nonoperating Expense (NNE)	0.00	0.00	11	47
Net Nonoperating Obligations (NNO)	0.00	10	76	60
Total Depreciation and Amortization (D&A)	2.33	2.54	22	39
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	0.00%	3.89%	1.56%
Debt-free Net Working Capital to Revenue	0.00%	0.00%	7.08%	3.23%
Net Working Capital to Revenue	0.00%	0.00%	3.13%	0.87%
Earnings Adjustments	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	($0.94)	($2.62)
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	35.88M	55.16M
Adjusted Diluted Earnings per Share	$0.00	$0.00	($0.47)	($1.31)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	17.94M	27.58M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	0.00	27.73M
Normalized Net Operating Profit after Tax (NOPAT)	0.00	0.00	6.81	3.98
Normalized NOPAT Margin	0.00%	0.00%	1.41%	0.46%
Pre Tax Income Margin	0.00%	0.00%	-2.02%	-5.02%
Debt Service Ratios	-	-	-	-
EBIT to Interest Expense	0.00	0.00	-2.35	-6.51
NOPAT to Interest Expense	0.00	0.00	-1.38	-3.75
EBIT Less CapEx to Interest Expense	0.00	0.00	-3.49	-6.93
NOPAT Less CapEx to Interest Expense	0.00	0.00	-2.53	-4.17
Payout Ratios	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Proficient Auto Logistics' official financial filings.

Metric	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	0.00	0.00	0.00	25,960,435.00	-	27,069,114.00	27,069,114.00	27,788,985.00	27,830,037.00	27,725,314.00
DEI Adjusted Shares Outstanding	0.00	0.00	0.00	25,960,435.00	-	27,069,114.00	27,069,114.00	27,788,985.00	27,830,037.00	27,725,314.00
DEI Earnings Per Adjusted Shares Outstanding	0.00	0.00	0.00	-0.17	-	-0.12	-0.16	-0.15	-2.05	-0.23
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	0.00%	0.00%	446.82%	0.00%	0.00%	-100.00%	-100.00%	309.70%	-1.59%
EBITDA Growth	0.00%	0.00%	0.00%	137.49%	0.00%	927.04%	970.45%	46.46%	-959.67%	-52.48%
EBIT Growth	0.00%	0.00%	0.00%	-180.67%	0.00%	0.00%	100.00%	100.00%	-771.01%	-197.01%
NOPAT Growth	0.00%	0.00%	0.00%	-188.58%	0.00%	0.00%	100.00%	100.00%	-964.07%	-193.53%
Net Income Growth	0.00%	0.00%	0.00%	-275.57%	0.00%	0.00%	78.08%	-10.57%	-803.22%	-103.34%
EPS Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	100.00%	100.00%	-561.11%	-91.67%
Operating Cash Flow Growth	0.00%	0.00%	0.00%	44.59%	-37.36%	-67.08%	2,041.50%	266.16%	154.20%	21.45%
Free Cash Flow Firm Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	80.74%	97.97%	0.00%	108.45%
Invested Capital Growth	0.00%	0.00%	0.00%	0.00%	0.00%	12,647,608.39%	19.36%	2.03%	-8.25%	-9.69%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	63.67%	326.43%	-49.06%	-100.00%	0.00%	0.00%	-87.76%
EBITDA Q/Q Growth	0.00%	0.00%	47.64%	634.90%	-67.23%	86.79%	53.88%	0.55%	-397.47%	110.32%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	36.88%	-1,786.38%	50.10%	100.00%	0.00%	0.00%	82.98%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	16.21%	-146.95%	23.76%	100.00%	0.00%	0.00%	78.97%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	61.56%	-758.55%	55.15%	51.22%	-93.96%	-2,028.40%	89.90%
EPS Q/Q Growth	0.00%	0.00%	0.00%	79.17%	0.00%	33.33%	100.00%	0.00%	0.00%	80.67%
Operating Cash Flow Q/Q Growth	0.00%	5.31%	-112.03%	670.37%	-13.30%	-44.66%	609.44%	7.57%	-39.81%	-73.56%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	-13.18%	100.00%	0.00%	83.38%	88.10%	228.57%	232.10%
Invested Capital Q/Q Growth	0.00%	0.00%	10,905,881.16%	13.33%	2.40%	-0.15%	2.92%	-3.12%	-7.85%	-1.71%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	34.42%	0.00%	71.73%	72.16%	80.80%	50.41%	0.00%	0.00%	78.06%	52.38%
EBITDA Margin	8.77%	0.00%	0.85%	3.81%	0.72%	6.93%	0.00%	0.00%	-3.97%	3.35%
Operating Margin	6.81%	0.00%	-2.33%	-1.19%	-1.38%	-2.48%	0.00%	0.00%	-4.31%	-7.40%
EBIT Margin	6.81%	0.00%	-2.61%	-1.01%	-1.38%	-2.44%	0.00%	0.00%	-5.30%	-7.37%
Profit (Net Income) Margin	4.65%	0.00%	-6.35%	-1.49%	-3.00%	-3.35%	0.00%	0.00%	-8.39%	-6.93%
Tax Burden Percent	75.75%	0.00%	230.56%	161.28%	151.90%	81.96%	0.00%	0.00%	163.34%	78.22%
Interest Burden Percent	90.06%	0.00%	105.73%	92.05%	142.99%	167.61%	0.00%	0.00%	97.02%	120.24%
Effective Tax Rate	24.25%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	-1.13%	-4.96%	0.00%	0.00%	-6.69%	-11.58%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	-11.54%	-9.48%	0.00%	0.00%	-71.73%	-14.15%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	-2.60%	-1.92%	0.00%	0.00%	-13.99%	-2.81%
Return on Equity (ROE)	0.00%	0.00%	0.00%	0.00%	-3.73%	-6.88%	0.00%	0.00%	-20.68%	-14.39%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	-94.83%	0.00%	0.00%	0.00%	2.23%	2.91%
Operating Return on Assets (OROA)	0.00%	0.00%	0.00%	0.00%	-2.42%	-5.52%	0.00%	0.00%	-9.25%	-13.03%
Return on Assets (ROA)	0.00%	0.00%	0.00%	0.00%	-5.25%	-7.58%	0.00%	0.00%	-14.66%	-12.25%
Return on Common Equity (ROCE)	0.00%	0.00%	0.00%	0.00%	-3.64%	-6.88%	0.00%	0.00%	-20.68%	-14.39%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	1.73	0.00	-1.83	-1.53	-3.78	-1.65	0.00	0.00	-23	-4.85
NOPAT Margin	5.16%	0.00%	-1.63%	-0.84%	-0.97%	-1.74%	0.00%	0.00%	-3.01%	-5.18%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	34.93%	4.26%	10.42%	4.52%	2.92%	4.99%	65.05%	2.57%
Return On Investment Capital (ROIC_SIMPLE)	-	0.00%	-0.46%	-0.37%	-0.88%	-0.40%	0.00%	0.00%	-5.98%	-1.30%
Cost of Revenue to Revenue	65.58%	0.00%	28.27%	27.84%	19.20%	49.59%	0.00%	0.00%	21.94%	47.62%
SG&A Expenses to Revenue	8.97%	0.00%	3.81%	6.39%	2.94%	9.52%	0.00%	0.00%	4.53%	10.30%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	27.61%	0.00%	75.74%	74.19%	85.82%	52.90%	0.00%	0.00%	85.65%	59.78%
Earnings before Interest and Taxes (EBIT)	2.28	0.00	-2.91	-1.84	-5.40	-2.32	0.00	0.00	-41	-6.90
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	2.94	0.64	0.95	6.97	2.79	6.60	10	10	-30	3.14
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	2,711.46	0.00	1.09	0.43	0.67	0.58	0.57	0.86	0.62
Price to Tangible Book Value (P/TBV)	0.00	2,711.46	0.00	6.64	3.97	6.47	5.52	5.10	6.69	5.14
Price to Revenue (P/Rev)	0.00	0.00	0.00	0.00	0.30	0.39	0.42	0.68	0.31	0.22
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	67,268.83	0.00	1.08	0.53	0.73	0.66	0.64	0.88	0.68
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	0.00	0.46	0.51	0.59	0.91	0.38	0.29
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	18.27	16.32	10.01	8.39	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	34.02	20.62	39.87	13.94	8.94	9.89	7.39
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	37.85	22.12
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.25	0.22	0.27	0.24	0.27	0.23	0.24	0.23
Long-Term Debt to Equity	0.00	0.00	0.18	0.16	0.21	0.18	0.20	0.17	0.17	0.16
Financial Leverage	0.00	-0.96	0.10	0.17	0.23	0.20	0.16	0.18	0.20	0.20
Leverage Ratio	0.00	65.28	1.44	1.47	1.55	1.52	1.49	1.49	1.52	1.51
Compound Leverage Factor	0.00	0.00	1.52	1.36	2.22	2.55	0.00	0.00	1.47	1.82
Debt to Total Capital	0.00%	0.00%	20.23%	17.85%	21.33%	19.09%	20.99%	18.97%	19.27%	18.43%
Short-Term Debt to Total Capital	0.00%	0.00%	5.54%	4.55%	4.43%	4.42%	5.25%	5.13%	5.26%	5.25%
Long-Term Debt to Total Capital	0.00%	0.00%	14.69%	13.31%	16.90%	14.68%	15.74%	13.84%	14.01%	13.18%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	100.00%	79.77%	82.15%	78.67%	80.91%	79.01%	81.03%	80.73%	81.57%
Debt to EBITDA	0.00	0.00	0.00	0.00	7.58	4.39	3.31	2.60	-21.81	-10.05
Net Debt to EBITDA	0.00	0.00	0.00	0.00	6.30	3.77	2.80	2.12	-17.58	-8.62
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	6.00	3.38	2.48	1.90	-15.85	-7.19
Debt to NOPAT	0.00	0.00	0.00	0.00	-16.59	-11.05	-16.85	-20.73	-3.01	-2.47
Net Debt to NOPAT	0.00	0.00	0.00	0.00	-13.80	-9.49	-14.26	-16.88	-2.42	-2.12
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	-13.14	-8.49	-12.64	-15.12	-2.18	-1.77
Altman Z-Score	0.00	0.00	0.00	0.00	1.43	1.93	1.53	1.20	2.37	2.35
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	2.50%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	0.02	1.36	1.25	1.29	1.25	1.16	1.14	1.12	1.06
Quick Ratio	0.00	0.02	1.24	1.00	1.01	1.05	0.98	0.95	0.89	0.90
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	0.00	-350	-396	0.00	-406	-67	-8.03	10	34
Operating Cash Flow to CapEx	0.00%	0.00%	-11.10%	0.00%	14,304.43%	68.33%	0.00%	16,860.59%	1,170.29%	276.17%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	-547.48	-281.72	0.00	-258.28	0.00	0.00	2.06	24.54
Operating Cash Flow to Interest Expense	10.39	0.00	-0.93	2.42	0.00	1.04	0.00	0.00	1.49	1.42
Operating Cash Flow Less CapEx to Interest Expense	10.71	0.00	-9.34	2.98	0.00	-0.48	0.00	0.00	1.37	0.91
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.00	0.00	0.00	1.75	2.26	0.95	0.56	1.75	1.77
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	16.84	24.45	10.67	6.67	21.63	17.87
Inventory Turnover	0.00	0.00	0.00	0.00	110.02	0.00	89.88	54.40	140.12	129.93
Fixed Asset Turnover	0.00	0.00	0.00	0.00	6.85	0.00	3.85	2.26	7.22	7.54
Accounts Payable Turnover	0.00	0.00	0.00	0.00	19.39	18.98	11.85	7.93	23.73	18.97
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	21.67	14.93	34.21	54.73	16.87	20.42
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	3.32	0.00	4.06	6.71	2.61	2.81
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	18.82	19.23	30.81	46.05	15.38	19.24
Cash Conversion Cycle (CCC)	0.00	0.00	0.00	0.00	6.16	-4.30	7.46	15.39	4.09	3.99
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	0.00	348	395	414	404	416	403	371	365
Invested Capital Turnover	0.00	0.00	0.00	0.00	1.16	2.86	1.22	0.71	2.22	2.23
Increase / (Decrease) in Invested Capital	0.00	0.00	348	395	0.00	404	67	8.03	-33	-39
Enterprise Value (EV)	0.00	215	0.00	425	221	295	273	256	328	248
Market Capitalization	215	215	0.00	368	145	227	197	191	268	189
Book Value per Share	$0.00	$0.00	$10.61	$13.04	$9.42	$12.41	$12.54	$12.18	$11.19	$10.99
Tangible Book Value per Share	$0.00	$0.00	$2.57	$2.14	$1.02	$1.29	$1.32	$1.35	$1.44	$1.32
Total Capital	0.00	0.08	399	412	430	415	430	418	386	375
Total Debt	0.00	0.00	81	74	92	79	90	79	74	69
Total Long-Term Debt	0.00	0.00	59	55	73	61	68	58	54	49
Net Debt	0.00	-0.08	44	56	76	68	76	65	60	59
Capital Expenditures (CapEx)	-0.07	-0.02	5.38	-0.78	0.02	2.39	-0.35	0.07	0.64	0.72
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-5.06	8.06	16	19	21	18	16	13	14
Debt-free Net Working Capital (DFNWC)	0.00	-4.99	44	33	34	32	32	30	28	24
Net Working Capital (NWC)	0.00	-4.99	22	14	15	14	9.78	8.97	7.50	4.09
Net Nonoperating Expense (NNE)	0.17	0.00	5.28	1.20	7.95	1.54	1.56	3.02	41	1.64
Net Nonoperating Obligations (NNO)	0.00	-0.08	30	56	76	68	76	65	60	59
Total Depreciation and Amortization (D&A)	0.66	0.64	3.86	8.81	8.19	8.92	10	10	10	10
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	0.00%	0.00%	0.00%	3.89%	3.62%	3.97%	5.56%	1.56%	1.62%
Debt-free Net Working Capital to Revenue	0.00%	0.00%	0.00%	0.00%	7.08%	5.56%	6.95%	10.77%	3.23%	2.77%
Net Working Capital to Revenue	0.00%	0.00%	0.00%	0.00%	3.13%	2.38%	2.10%	3.18%	0.87%	0.48%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	($0.11)	($0.48)	($0.05)	($0.30)	($0.12)	($0.06)	($0.11)	($2.33)	($0.23)
Adjusted Weighted Average Basic Shares Outstanding	0.00	26.09M	29.99M	26.50M	35.88M	27.07M	27.61M	27.80M	55.16M	27.83M
Adjusted Diluted Earnings per Share	$0.00	($0.11)	$0.00	($0.05)	$0.00	($0.12)	$0.00	$0.00	($1.19)	($0.23)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	26.09M	25.96M	26.50M	17.94M	27.07M	0.00	0.00	27.58M	27.83M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	26.09M	25.96M	27.03M	0.00	27.07M	27.79M	27.83M	27.73M	27.77M
Normalized Net Operating Profit after Tax (NOPAT)	1.68	0.00	2.85	-0.86	-3.78	-0.82	0.00	0.00	-16	-3.91
Normalized NOPAT Margin	5.01%	0.00%	2.55%	-0.47%	-0.97%	-0.86%	0.00%	0.00%	-2.14%	-4.18%
Pre Tax Income Margin	6.14%	0.00%	-2.76%	-0.93%	-1.98%	-4.09%	0.00%	0.00%	-5.14%	-8.86%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	10.06	0.00	-4.55	-1.31	0.00	-1.48	0.00	0.00	-8.08	-4.94
NOPAT to Interest Expense	7.62	0.00	-2.85	-1.09	0.00	-1.05	0.00	0.00	-4.60	-3.47
EBIT Less CapEx to Interest Expense	10.38	0.00	-12.96	-0.75	0.00	-3.00	0.00	0.00	-8.21	-5.45
NOPAT Less CapEx to Interest Expense	7.94	0.00	-11.26	-0.53	0.00	-2.57	0.00	0.00	-4.73	-3.99
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials Breakdown Chart

Key Financial Trends

Proficient Auto Logistics (NASDAQ: PAL) reported a mixed but clearly weakened start to 2026. Revenue held up year over year in Q1, but the company remained in the red, and cash flow was helped by non-cash add-backs rather than strong operating profitability.

Q1 2026 revenue was $93.7 million, up modestly from $95.2 million in Q1 2025 but far below the much larger quarters seen in late 2024, suggesting the business is still operating at a smaller scale than a year ago.
The company generated $2.0 million of operating cash flow in Q1 2026, which is a meaningful improvement from the weak cash generation seen in several prior periods.
Cash and equivalents ended Q1 2026 at $9.8 million, with $101 thousand in short-term investments, giving PAL some liquidity despite the quarterly loss.
Debt was reduced during the quarter, with $5.3 million of debt repayment in Q1 2026, showing management is still focused on balance-sheet cleanup.
Quarterly gross margin in Q1 2026 was about 52.4% based on gross profit of $49.1 million on revenue of $93.7 million, which is solid on paper.
However, operating expenses were still elevated at $56.0 million, which pushed the company to an operating loss of $6.9 million.
A large portion of the balance sheet is tied up in acquired assets, including $148.6 million of goodwill and $120.4 million of intangibles, so investors should watch for impairment risk if performance weakens further.
Q1 2026 net loss was $6.5 million, or $(0.23) per share, showing PAL is still not consistently profitable.
Cash and equivalents declined from $14.5 million in Q3 2025 to $9.8 million in Q1 2026, while total cash also fell by about $4.5 million during the quarter.
The company’s debt burden remains meaningful, with $19.7 million of short-term debt and $49.4 million of long-term debt on the Q1 2026 balance sheet.

Looking at the trend over the last four years, PAL has gone from profitable quarters in 2023 to a much more difficult 2024 and 2025, with especially sharp deterioration in late 2025. Revenue peaked in late 2024, but profitability collapsed as operating expenses and acquisition-related costs overwhelmed gross profit. In 2025, the company continued to post losses, and while Q1 2026 shows some improvement in operating cash flow, the business is still relying on non-cash adjustments and debt management rather than clean earnings growth.

Bottom line: PAL’s Q1 2026 results suggest the company is stabilizing somewhat on cash flow, but it is still burdened by losses, leverage, and a balance sheet heavy with goodwill and intangibles. Retail investors may want to see several more quarters of consistent revenue, earnings, and cash-flow improvement before calling a durable turnaround.

07/11/26 10:31 AM ETAI Generated. May Contain Errors.

Proficient Auto Logistics Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Proficient Auto Logistics' financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Proficient Auto Logistics' net income appears to be on an upward trend, with a most recent value of -$72.04 million in 2025, falling from $0.00 in 2022. The previous period was -$16.95 million in 2024. See Proficient Auto Logistics' forecast for analyst expectations on what's next for the company.

Proficient Auto Logistics' total operating income in 2025 was -$35.33 million, based on the following breakdown:

Total Gross Profit: $645.70 million
Total Operating Expenses: $714.59 million

Over the last 3 years, Proficient Auto Logistics' total revenue changed from $0.00 in 2022 to $860.85 million in 2025, a change of 86,085,034,800.0%.

Proficient Auto Logistics' total liabilities were at $166.59 million at the end of 2025, a 2.1% decrease from 2024, and a 531.9% increase since 2023.

In the past 2 years, Proficient Auto Logistics' cash and equivalents has ranged from $4.27 thousand in 2023 to $15.40 million in 2024, and is currently $14.29 million as of their latest financial filing in 2025.

Over the last 3 years, Proficient Auto Logistics' book value per share changed from 0.00 in 2022 to 11.19 in 2025, a change of 1,118.9%.

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Financial statements for NASDAQ:PAL last updated on 7/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Proficient Auto Logistics (PAL) Financials

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Proficient Auto Logistics (PAL) Financials

Annual Income Statements for Proficient Auto Logistics

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Quarterly Balance Sheets for Proficient Auto Logistics

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Quarterly Metrics And Ratios for Proficient Auto Logistics

Financials Breakdown Chart

Key Financial Trends

Proficient Auto Logistics Financials - Frequently Asked Questions

When does Proficient Auto Logistics' fiscal year end?

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How has Proficient Auto Logistics' revenue changed over the last 3 years?

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How has Proficient Auto Logistics' book value per share changed over the last 3 years?

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