ARCB: financial statements from SEC

Income statement

Metric	Dec 31, 2025	Dec 31, 2024
Revenue	4.01bn	4.18bn
Operating expenses	3.92bn	3.93bn
Operating income	90m	244m
Pre-tax income	83m	219m
Income tax	23m	45m
Net income	60m	174m
Earnings per share	2.63	7.39
Earnings per share, diluted	2.62	7.30
Weighted average shares	23m	24m
Weighted average shares, diluted	23m	24m

Metric	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Cash and equivalents	64m	102m	121m	115m	74m	127m	150m	216m
Short-term investments	22m	22m	12m	25m	25m	30m	41m	45m
Receivables	425m	371m	409m	402m	414m	395m	423m	430m
Current assets	643m	626m	657m	638m	625m	676m	692m	767m
Property, plant and equipment	1.14bn	1.14bn	1.15bn	1.11bn	1.06bn	1.07bn	1.05bn	971m
Goodwill	305m	305m	305m	305m	305m	305m	305m	305m
Total assets	2.46bn	2.45bn	2.50bn	2.47bn	2.41bn	2.43bn	2.41bn	2.41bn
Current liabilities	692m	657m	670m	661m	624m	666m	666m	646m
Short-term debt	94m	88m	79m	78m	67m	64m	62m	59m
Long-term debt	130m	136m	135m	164m	148m	125m	118m	145m
Equity	1.29bn	1.30bn	1.32bn	1.30bn	1.29bn	1.31bn	1.31bn	1.23bn
Shares outstanding	—	30m	30m	30m	30m	30m	30m	30m
Shares issued	30m	30m	30m	30m	30m	30m	30m	30m
Treasury shares	8m	8m	8m	8m	7m	7m	7m	7m

Metric	Dec 31, 2025	Dec 31, 2024
Operating cash flow	229m	286m
Depreciation and amortisation	158m	136m
Share-based compensation	11m	11m
Capital expenditure	115m	223m
Investing cash flow	−77m	−187m
Dividends paid	11m	11m
Share buybacks	76m	75m
Financing cash flow	−178m	−233m