Earnings ·
CSX reports Q3 revenue of $4.02 billion and diluted EPS of $0.57, up 54%
CSXCsx Corp
CSX Corp. reported third-quarter 2026 operating income of $1.57 billion and net earnings of $1.05 billion, or $0.57 per diluted share, compared to $0.37 in the prior year period. Revenue reached a record $4.02 billion, up 12% year-over-year, driven by higher volume, pricing, and fuel surcharges across merchandise, intermodal, and coal segments. Total volume increased 5% to 1.69 million units, with intermodal volumes rising 7%. Operating margin expanded 880 basis points to 39.1%, reflecting disciplined execution and cost efficiencies despite a $170 million increase in fuel expenses. The company operates as a premier transportation provider offering rail, intermodal, and transload services across the eastern United States.