Quarterly ResultMay 11, 2026, 04:37 PM
Radiant Logistics Q3 Net Income $4.7M, up 88%; Revenue $214.1M
AI Summary
Radiant Logistics reported Q3 fiscal 2026 net income of $4.7 million, an 88% increase year-over-year, on revenues of $214.1 million, which remained flat. Adjusted EBITDA for the quarter decreased by 17% to $7.8 million. The company noted a resilient performance amidst a divergent freight environment, with encouraging signs in domestic markets but challenges internationally due to tariffs and geopolitical disruptions. Radiant Logistics is advancing its Navegate platform and progressing its first AI agent, 'Ray', for operational excellence and long-term growth. The company also repurchased $3.5 million in common stock during the nine-month period.
Key Highlights
- Q3 Net Income attributable to Radiant Logistics, Inc. was $4.7M, up 88% YoY.
- Q3 Revenues were $214.1M, up less than 0.1% YoY.
- Q3 Adjusted EBITDA decreased 17% to $7.8M.
- Q3 Adjusted EBITDA margin was 13.8%, down 240 basis points YoY.
- Nine-month Net Income was $11.3M, down 8.9% YoY.
- Nine-month Adjusted EBITDA was $26.3M, down 14.9% YoY.
- Company repurchased 585,050 shares for $3.5M in nine months.
- Advancing Navegate platform and 'Ray' AI agent for operational excellence.