StockWatch
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Railroads
Quarterly ResultJul 22, 2026, 04:07 PM

CSX Q2 Revenue $3.94B, EPS $0.54; Operating Income Up 17%

AI Summary

CSX Corporation announced strong second quarter 2026 financial and operating results, reporting record quarterly revenue of $3.94 billion, a 10% increase year-over-year. Diluted earnings per share rose 23% to $0.54, while operating income grew 17% to $1.51 billion, and operating margin expanded to 38.3%. The company also saw a 6% increase in total volume, driven by broad-based growth across markets, including a 9% rise in intermodal volume.

Key Highlights

  • Q2 2026 revenue reached a record $3.94 billion, up 10% year-over-year.
  • Diluted EPS for Q2 2026 was $0.54, a 23% increase year-over-year.
  • Operating income for Q2 2026 grew 17% to $1.51 billion.
  • Operating margin expanded 240 basis points to 38.3% in Q2 2026.
  • Total volume increased 6% year-over-year, with intermodal growth of 9%.
  • Free Cash Flow for the six months ended June 30, 2026, was $1.617 billion.
  • Repurchased 6 million shares for $284 million in Q2 2026.