CSX CORP reported second-quarter 2026 results with revenue of $3.94B, net income of $1B and diluted EPS of $0.54, driven by higher fuel surcharge recovery, stronger volumes and pricing across key franchises versus the year-ago quarter.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$3.94B$3.57B10.1% | Net income²$1B$829M20.9% | Diluted EPS³$0.54$0.4422.7% |
¹ Reported as “Revenue”. ² Reported as “Net Earnings”. ³ Reported as “Diluted earnings Per Share, Assuming Dilution”.
Business Highlights
- Revenue growth of 10% was driven by higher fuel surcharge recovery, volume and pricing across merchandise, intermodal and coal.
- Intermodal volume rose 9% in the quarter, supported by domestic wins and new services; merchandise volume increased 4%, led by chemicals, minerals and metals.
- Operational progress included completion of the Blue Ridge rebuild in September 2025, contributing to lower 2026 property additions and higher free cash flow.
- Service and safety metrics improved: velocity up 3%, RTMs up 3%, FRA personal injury index improved 19% and train accident rate improved 30%; trip plan performance was mixed.
Original SEC Filing:
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