TFI International Inc. (TFII:CA) Q4 2025 Earnings Call Transcript

SA Transcripts158.47K FollowersFollow5ShareSaveCommentsQ4: 2026-02-17 Earnings SummaryPlay CallPlay CallSlidesEPS of $1.49 beats by $0.32 | Revenue of $2.61B (-11.65% Y/Y) misses by $20.22M TFI International Inc. (TFII:CA) Q4 2025 Earnings Call February 18, 2026 8:30 AM EST Company Participants Alain Bedard - President, CEO & ChairmanDavid Saperstein - Chief Financial Officer Conference Call Participants Jordan Alliger - Goldman Sachs Group, Inc., Research DivisionWalter Spracklin - RBC Capital Markets, Research DivisionBrian Ossenbeck - JPMorgan Chase & Co, Research DivisionJason Seidl - TD Cowen, Research DivisionThomas Wadewitz - UBS Investment Bank, Research DivisionKonark Gupta - Scotiabank Global Banking and Markets, Research DivisionJ. Bruce Chan - Stifel, Nicolaus & Company, Incorporated, Research DivisionKen Hoexter - BofA Securities, Research DivisionCameron Doerksen - National Bank Financial, Inc., Research Division Presentation Operator Good day, ladies and gentlemen. Thank you for standing by. Welcome to TFI International's Fourth Quarter 2025 Earnings Call. [Operator Instructions] Please be advised that this conference call may contain statements that are forward-looking in nature and is subject to a number of risks and uncertainties that could cause actual results to differ materially. I would also like to remind everyone that this conference call is being recorded on February 18, 2026. Joining us on the call today are Alain Bedard, Chairman, President and Chief Executive Officer; and David Saperstein, Chief Financial Officer. I would now like to turn the call over to Mr. Alain Bedard. Thank you. Please go ahead, sir. Alain BedardPresident, CEO & Chairman Well, thank you, operator, for the kind introduction, and thanks, everyone, for joining us on today's call. Last evening, we reported our quarterly results showing robust free cash flow driven by international initiatives and the hard work of our team. With overall freight dynamics showing modest signs of stabilization, the men and women of TFI are busy preparing for a potential industry rebound and controlling the controllables. . And another focus of ours, which you've heard me in