Description of Business and Summary of Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2025

Summary of Property and Equipment, Estimated Useful Lives

Depreciation is computed using the straight-line method, except for tractors (included in revenue equipment) for which the declining-balance method is used. The following service lives are used to compute depreciation:


				Years
Structures				15 to 25
Revenue equipment				6 to 20
Technology equipment and software				3 to 5
Other				3 to 10

Schedule of Property and Equipment

At December 31, property and equipment consisted of the following (in thousands):


	2025		2024
Land	$	360,369	$	350,593
Structures		1,399,227		1,238,969
Revenue equipment		2,055,037		1,810,389
Technology equipment and software		253,997		225,504
Other		190,808		164,614

Total property and equipment, at cost	$	4,259,438	$	3,790,069

Schedule of Measure of Segment Assets

The following table presents selected financial information with respect to the Company’s single reportable segment (in thousands):


	For The Years Ended December 31,
	2025			2024			2023
Revenue	$	3,234,286		$	3,209,074		$	2,881,433
Less:
Wages (a)		927,064			907,750			767,282
Salaries (a)		204,276			190,393			168,794
Purchased Transportation		234,595			237,306			238,688
Other Segment items (b)		1,266,096			1,179,631			1,065,270
Depreciation and Amortization		248,573			210,105			178,845
Interest Expense		16,444			8,930			2,535
Interest Income		(151	)		(1,049	)		(6,208	)
Income Tax Expense		82,353			113,943			111,370

Segment and Consolidated Net Income	$	255,036		$	362,065		$	354,857

(a) Wages includes payroll costs for non-management employees generally paid on an hourly or per-mile basis. Salaries includes payroll costs for exempt employees.

(b) Other segment items include employees' benefits, fuel, operating expenses and supplies, operating taxes and licenses and claims and insurance.

SAIA INC 10-K