v3.26.1
Condensed Consolidated Statement Of Stockholders' Equity (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent
Total Knight-Swift Equity [Member]
Noncontrolling Interest [Member]
Common Class A [Member]
Common Class A [Member]
Common Stock
Beginning balance, shares at Dec. 31, 2024             161,896  
Beginning balance, value at Dec. 31, 2024 $ 7,116,805 $ 4,446,726 $ 2,661,064 $ (442) $ 7,108,967 $ 7,838   $ 1,619
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Common stock issued to employees (Shares)             306  
Common stock issued to employees 0 (4)     0     4
Common stock issued to the Board (Shares)             28  
Common stock issued to the Board 1,271 1,271     1,271     0
Common stock issued under ESPP (Shares)             47  
Common stock issued under ESPP 2,138 2,138     2,138     0
Shares withheld – RSU settlement (8,197)   (8,197)   (8,197)      
Employee stock-based compensation expense $ 14,073 14,073     14,073      
Dividends declared per share: (in dollars per share) $ 0.36              
Cash dividends paid and dividends accrued $ (58,812)   (58,812)   (58,812)      
Net income 64,882   64,882   64,882      
Net loss attributable to noncontrolling interest (722)         (722)    
Net income 64,160              
Other comprehensive income 354     354 354      
Investment in noncontrolling interest 1,326              
Distribution to noncontrolling interest (200)         (200)    
Ending balance, shares at Jun. 30, 2025             162,277  
Ending balance, value at Jun. 30, 2025 7,132,918 4,464,204 2,658,937 (88) 7,124,676 8,242   1,623
Beginning balance, shares at Mar. 31, 2025             162,024  
Beginning balance, value at Mar. 31, 2025 7,122,805 4,454,631 2,658,598 21 7,114,870 7,935   1,620
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Common stock issued to employees (Shares)             199  
Common stock issued to employees 0 (3)     0     3
Common stock issued to the Board (Shares)             28  
Common stock issued to the Board 1,271 1,271     1,271     0
Common stock issued under ESPP (Shares)             26  
Common stock issued under ESPP 1,072 1,072     1,072     0
Shares withheld – RSU settlement (4,465)   (4,465)   (4,465)      
Employee stock-based compensation expense $ 7,233 7,233     7,233      
Dividends declared per share: (in dollars per share) $ 0.18              
Cash dividends paid and dividends accrued $ (29,439)   (29,439)   (29,439)      
Net income 34,243   34,243   34,243      
Net loss attributable to noncontrolling interest (312)         (312)    
Net income 33,931              
Other comprehensive income (109)     (109) (109)      
Investment in noncontrolling interest 619              
Ending balance, shares at Jun. 30, 2025             162,277  
Ending balance, value at Jun. 30, 2025 $ 7,132,918 4,464,204 2,658,937 (88) 7,124,676 8,242   1,623
Beginning balance, shares at Dec. 31, 2025 162,339           162,339  
Beginning balance, value at Dec. 31, 2025 $ 7,091,866 4,480,725 2,600,822 (716) 7,082,454 9,412   1,623
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Common stock issued to employees (Shares)             339  
Common stock issued to employees 0 (3)     0     3
Common stock issued to the Board (Shares)             20  
Common stock issued to the Board 1,228 1,228     1,228     0
Common stock issued under ESPP (Shares)             38  
Common stock issued under ESPP 1,959 1,958     1,959     1
Shares withheld – RSU settlement (12,131)   (12,131)   (12,131)      
Employee stock-based compensation expense $ 11,730 11,730     11,730      
Dividends declared per share: (in dollars per share) $ 0.40              
Cash dividends paid and dividends accrued $ (65,465)   (65,465)   (65,465)      
Net income 41,872   41,872   41,872      
Net loss attributable to noncontrolling interest (135)         (135)    
Net income 41,737              
Other comprehensive income 573     573 573      
Investment in noncontrolling interest 460         460    
Distribution to noncontrolling interest (200)       0 (200)    
2026 Capped Calls, net of tax $ (80,947) (80,947)     (80,947)      
Ending balance, shares at Jun. 30, 2026 162,736           162,736  
Ending balance, value at Jun. 30, 2026 $ 6,990,810 4,414,691 2,565,098 (143) 6,981,273 9,537   1,627
Beginning balance, shares at Mar. 31, 2026             162,475  
Beginning balance, value at Mar. 31, 2026 7,063,319 4,489,172 2,563,347 (376) 7,053,768 9,551   1,625
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Common stock issued to employees (Shares)             224  
Common stock issued to employees 0 (2)     0     2
Common stock issued to the Board (Shares)             20  
Common stock issued to the Board 1,228 1,228     1,228     0
Common stock issued under ESPP (Shares)             17  
Common stock issued under ESPP 949 949     949     0
Shares withheld – RSU settlement (8,706)   (8,706)   (8,706)      
Employee stock-based compensation expense $ 4,291 4,291     4,291      
Dividends declared per share: (in dollars per share) $ 0.20              
Cash dividends paid and dividends accrued $ (32,732)   (32,732)   (32,732)      
Net income 43,189   43,189   43,189      
Net loss attributable to noncontrolling interest (39)         (39)    
Net income 43,150              
Other comprehensive income 233     233 233      
Investment in noncontrolling interest 225         225    
Distribution to noncontrolling interest (200)         (200)    
2026 Capped Calls, net of tax $ (80,947) (80,947)     (80,947)      
Ending balance, shares at Jun. 30, 2026 162,736           162,736  
Ending balance, value at Jun. 30, 2026 $ 6,990,810 $ 4,414,691 $ 2,565,098 $ (143) $ 6,981,273 $ 9,537   $ 1,627