Proficient Auto Logistics, Inc. reported a revenue increase of 21.4% in Q2 2025 compared to Q1 2025, with total revenue of $115.5 million and 631,426 units delivered. Adjusted operating income was $3.8 million, and the adjusted operating ratio was 96.7%. The company’s CEO, Rick O’Dell, highlighted revenue growth from market share gains and the Brothers acquisition.
Total revenue for Proficient Auto Logistics increased by $20.3 million, or 21%, sequentially in Q2 2025, with a 28% increase in unit volumes. However, total revenue only rose by 8.4% compared to Q2 2024 due to lower revenue per unit year-over-year. The dedicated fleet revenue was $3.8 million in Q2 2025, down from $4.3 million in Q1 2025.
Proficient Auto Logistics ended Q2 2025 with $13.6 million in cash and $90.2 million in debt, resulting in a net leverage ratio of 2.2x. The company utilized its $25.0 million term debt facility to fund the cash portion of the BAT acquisition. The comparison of adjusted operating ratio year-over-year was impacted by the step up in market value on fleet assets acquired during the IPO last year.
Adjusted EBITDA for the twelve months ending June 30, 2025, was $35.2 million. The company’s balance sheet showed total assets of $520.5 million and total liabilities of $180.9 million. The condensed consolidated balance sheets and statements of operations provide a detailed breakdown of the company’s financial position and performance.
Investors are invited to join an investor conference call to discuss the results at 5:00 p.m. EDT. Proficient Auto Logistics focuses on providing auto transportation and logistics services, operating one of the largest auto transportation fleets in North America. The company aims to deliver top-quality service and operate efficiently while preserving the ability to scale up through acquisitions and market share gains.
Read more at GlobeNewswire: Proficient Auto Logistics Reports Second Quarter 2025
