PAMT CORP Announces First Quarter 2026 Financial Results and Share Repurchase Plans

PAMT CORP reported its financial results for the first quarter ended March 31, 2026. The company announced a consolidated net loss of $0.01 million, or $0.00 per diluted share. This result includes a one-time $12.7 million gain on the sale of real property in Laredo, Texas, which contributed approximately $9.7 million after tax. Consolidated operating revenues decreased by 8.7% to $141.9 million compared to the first quarter of 2025. As of March 31, 2026, the company had $141.1 million in cash, marketable equity securities, and available liquidity, with $210.4 million in stockholders' equity and $320.7 million in outstanding debt. The company also announced its intention to increase share repurchases in the second quarter of 2026 under its existing authorization, with up to 472,845 shares remaining available for repurchase. The Truckload Operations segment reported total revenues of $141.9 million and an operating loss of $0.3 million, with an operating ratio of 100.2%. The Logistics Operations segment reported revenues of $44.4 million and an operating ratio of 95.4%.