Benoit Poirier

Brian Ossenbeck

Cameron Doerksen

Konark Gupta

Scott Group

Walter Spracklin

Daniel Imbro

Jordan Alliger

Ken Hoexter

Kevin Chiang

Ravi Shanker

Adam Roszkowski

Bascome Majors

Benjamin Mohr Mok

Elliot Alper

J. Bruce Chan

Andrew Baxter Cox

Ari Rosa

Benjamin Mohr

Christyne McGarvey

Jason Seidl

Matthew Milask

Paul Stoddard

Thomas Wadewitz

Tom Wadewitz

- For the third quarter ended September 30, 2025, TFI International Inc. reported **total revenue** of **$1,968.7 million**, **net income** of **$84.7 million**, and **diluted earnings per share** of **$1.02**.  **[1588823_0001193125-25-258593_tfii-ex99_1.htm:2]** **[1588823_0001193125-25-258593_tfii-ex99_2.htm:3]**  These results reflect a decrease compared to the third quarter of 2024, primarily due to a decline in revenues from existing operations driven by weaker market demand.  **[1588823_0001193125-25-258593_tfii-ex99_2.htm:6]** 
- **Net cash from operating activities** for Q3 2025 was **$255.4 million**, and **free cash flow** was **$199.4 million**.  **[1588823_0001193125-25-258593_tfii-ex99_1.htm:2]** **[1588823_0001193125-25-258593_tfii-ex99_2.htm:3]** **[1588823_0001193125-25-258593_tfii-ex99_1.htm:4]** 
- The Board of Directors approved an increase to the quarterly **dividend** to **$0.47** per outstanding common share, payable on January 15, 2026.  **[1588823_0001193125-25-258593_tfii-ex99_1.htm:6]** 
- A renewed **Normal Course Issuer Bid (NCIB)** was approved, authorizing the company to purchase for cancellation a maximum of **7,667,696** common shares, representing 10% of the public float, from November 4, 2025, to November 3, 2026.  **[1588823_0001193125-25-258593_tfii-ex99_1.htm:6]**

TFII Announces Third Quarter 2025 Results

- TFI International reported Q3 2025 **operating income of $153.3 million**, a decrease from **$201.2 million** in Q3 2024, and **net income of $84.7 million**, down from **$125.9 million** in the prior year quarter.  **[1588823_cb56308a45384ad0bf8beb70a7c54dcb_0]** **[1588823_cb56308a45384ad0bf8beb70a7c54dcb_1]** 
- Diluted earnings per share (EPS) for Q3 2025 was **$1.02**, down from **$1.48** in Q3 2024, with adjusted diluted EPS at **$1.20** compared to **$1.58** in Q3 2024.  **[1588823_cb56308a45384ad0bf8beb70a7c54dcb_0]** **[1588823_cb56308a45384ad0bf8beb70a7c54dcb_1]** 
- Net cash from operating activities for Q3 2025 was **$255.4 million**, down from **$351.1 million** in Q3 2024, with free cash flow of **$199.4 million**, compared to **$272.5 million** in Q3 2024.  **[1588823_cb56308a45384ad0bf8beb70a7c54dcb_0]** **[1588823_cb56308a45384ad0bf8beb70a7c54dcb_1]** 
- The Board of Directors approved a **4% increase** in the quarterly dividend to **$0.47**.  **[1588823_cb56308a45384ad0bf8beb70a7c54dcb_0]** **[1588823_cb56308a45384ad0bf8beb70a7c54dcb_5]** 
- The company expects Q4 2025 adjusted diluted EPS to be in the range of **$0.80 to $0.90**.  **[1588823_cb56308a45384ad0bf8beb70a7c54dcb_4]**

TFI International Announces Q3 2025 Results

TFI International (TFII)