| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 3.9K | 13.0% | 10.1% |
| Total Income | 3.9K | 13.0% | 10.1% |
| Expenditure | 2.4K | 9.0% | 6.0% |
| PBT | 1.3K | 24.2% | 20.8% |
| Net Profit | 1.0K | 24.2% | 20.9% |
| OPM | 38.27% | 2.29pp | 2.37pp |
| NPM | 25.46% | 2.29pp | 2.27pp |
| EPS | 0.54 | 25.6% | 22.7% |
CSX Reports Q2 2026 Results: Revenue Up 10% to $3.94 Billion, EPS Up 23%
23 Jul 2026 · 23 Jul, 1:37 am
Summary
CSX Corporation reported strong second quarter 2026 results, with record quarterly revenue of $3.94 billion, up 10% year-over-year, driven by increased fuel surcharge revenue, higher volume, and pricing across key segments. Diluted EPS rose 23% to $0.54, and operating income increased 17% to $1.51 billion, with the operating margin expanding to 38.3%. Management highlighted the successful management of substantial volume growth while maintaining focus on safety and productivity, and expressed confidence in continuing to build momentum in the second half of the year.
Key Highlights
- 1
CSX announced record quarterly revenue of $3.94 billion for the second quarter of 2026, representing a 10% increase year-over-year.
- 2
Diluted earnings per share (EPS) for the second quarter of 2026 were $0.54, up 23% compared to $0.44 in the prior year.
- 3
Operating income for the second quarter of 2026 reached $1.51 billion, an increase of 17% compared to $1.28 billion in the second quarter of 2025.
- 4
The operating margin expanded by 240 basis points to 38.3% in the second quarter of 2026.
- 5
Total volume increased by 6% year-over-year, driven by broad-based growth across markets, with intermodal volume showing a significant 9% increase.
- 6
Net earnings for the second quarter of 2026 were $1.00 billion, a 21% increase from $829 million in the second quarter of 2025.
Management Comments
Steve Angel
Our second quarter results reflect the solid progress we’re making at CSX. Our railroaders successfully managed substantial volume growth while maintaining a consistent focus on safety and productivity, which allowed us to deliver improved financial performance. As we move into the second half of the year, we will strengthen our service execution as we continue to build momentum across the business.
Informational and educational content only. Not investment advice.