Quarterly ResultApr 22, 2026, 04:06 PM
CSX Q1 2026 Operating Income Jumps 20% to $1.25B
AI Summary
CSX Corp. announced strong first-quarter 2026 results, with operating income increasing 20% to $1.25 billion and net earnings rising 25% to $807 million. Diluted earnings per share grew 26% to $0.43. Revenue for the quarter increased 2% year-over-year to $3.48 billion, driven by higher merchandise pricing and intermodal volume growth, despite a decrease in export coal revenue. The company's CEO highlighted reliable service, improved expense profile, and progress towards best-in-class performance.
Key Highlights
- Operating income increased 20% to $1.25 billion in Q1 2026.
- Net earnings rose 25% to $807 million for the quarter.
- Diluted earnings per share grew 26% to $0.43.
- Total revenue increased 2% year-over-year to $3.48 billion.
- Total volume for the quarter was up 3% to 1.56 million units.
Price Impact
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