CSX Q1 net income falls 27% to $646 million as revenue drops 7%
CSX reported first quarter 2025 results that declined from a year earlier, with revenue of $3.42 billion, down 7%, and net income of $646 million, or $0.34 per diluted share, versus $880 million, or $0.45 per share, in the prior-year quarter. CEO Joe Hinrichs said the results did not meet company expectations, citing operational challenges and network constraints tied to two major infrastructure projects. For shareholders, the lower quarterly earnings per share reflect weaker operating income and revenue.
Key points
- Operating income was $1.04 billion, compared with $1.34 billion in the first quarter of 2024.
- Net income was $646 million, or $0.34 per diluted share, compared with $880 million, or $0.45 per diluted share.
- Revenue was $3.42 billion, down 7% year over year, while total volume of 1.52 million units was down 1%.
- Shares repurchased in the quarter totaled $751 million, compared with $247 million a year earlier.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:21 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 16, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.