CSX Q2 net income falls 14% to $829 million as revenue dips 3% to $3.57 billion
CSX reported second quarter 2025 results with revenue of $3.57 billion, down 3% from a year earlier, and net income of $829 million, down 14%. Diluted EPS was $0.44, compared with $0.49 a year earlier, and operating income fell 11% to $1.28 billion, so shareholders saw lower profit on a year-over-year basis despite a sequential improvement.
Key points
- Revenue fell 3% year-over-year to $3.57 billion, reflecting lower export coal prices, reduced fuel surcharge and lower merchandise volume.
- Operating margin was 35.9%, down 320 basis points from a year earlier but up 550 basis points from the first quarter.
- Diluted EPS was $0.44, down 10% from $0.49 a year earlier and up 29% from the prior quarter.
- Total volume was 1.58 million units, flat year-over-year and up 4% sequentially.
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 July 23, 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.