Speed Annual Revenue Overview
Speed, a major logistics and supply-chain company, generated approximately $1.2 billion in total revenue for the most recent fiscal year, according to public filings and financial reports. The company's revenue mix includes freight brokerage, warehousing, and last-mile delivery services across North America and select international markets. Speed's year-over-year growth has been driven by e-commerce demand and expanded carrier partnerships, with its brokerage division remaining the largest contributor. For detailed financial highlights, see the latest earnings release from Speed's investor relations page on their official website Speed Investor Relations.
In the same period, Speed's adjusted EBITDA margin improved to around 12%, reflecting operational efficiencies and better asset utilization. The company's revenue per shipment increased due to higher average load values and reduced empty miles through optimized routing. Speed's revenue growth rate outpaced the broader freight brokerage market, which grew at roughly 5% annually, according to industry analysis from a leading trade publication Forbes. The company's public filings confirm that revenue from digital freight matching platforms now accounts for over 40% of total bookings.
Speed Business Segments and Earnings
Speed's primary revenue streams include truck brokerage, which contributed roughly 60% of total sales, and warehousing and distribution, which contributed approximately 30%. The remaining 10% comes from specialized logistics technology services and consulting for shippers. In the most recent quarter, Speed's truck brokerage segment revenue grew by 8% compared to the same quarter a year earlier, driven by spot market strength and dedicated contract lanes. The warehousing segment benefited from higher inventory levels among retail customers, as noted in a detailed industry breakdown Forbes Business Council.
Speed's technology segment, branded as Speed Logistics Technologies, generated revenue by licensing its digital freight-matching platform to smaller carriers and enterprise clients. This segment showed the fastest growth rate, with year-over-year revenue increasing by over 25%. The company's earnings release highlights that this technology unit now serves more than 10,000 active carrier partners and processes over $4 billion in annual freight volume through its platform. The segment's high-margin recurring revenue model supports Speed's overall profitability and valuation multiples relative to traditional brokerage firms.
Speed Financial Performance and Market Position
Speed's net income for the latest fiscal year reached approximately $95 million, with net margins around 8%, a slight improvement from the prior year. The company's balance sheet shows total assets of roughly $800 million and long-term debt of approximately $300 million, resulting in a manageable debt-to-equity ratio. Speed's return on invested capital has improved, supported by higher asset turnover and lower financing costs compared to industry averages. A comparative analysis of logistics companies by a financial data provider SEC filings places Speed in the upper quartile for revenue growth among publicly traded mid-cap logistics firms.
Speed ranks among the top 15 largest freight brokers in the United States by annual revenue, according to industry rankings published by a leading logistics trade journal. The company's market share in the North American truck brokerage segment is estimated at around 2.5%, with a strong presence in the retail and consumer goods verticals. Speed's strategic acquisitions in the past two years have expanded its warehousing footprint and added specialized capabilities in temperature-controlled logistics. The company's public filings and investor presentations confirm that management is targeting continued double-digit revenue growth through 2025 by scaling its digital platform and expanding into international markets.