CSX Q3 revenue rises 12% to $4.02 billion; diluted EPS $0.57 vs $0.37 a year ago
CSX reported third quarter 2026 revenue of $4.02 billion, up 12% from a year earlier, with net earnings of $1.05 billion and diluted EPS of $0.57, compared with $0.37 in the prior-year quarter. The prior-year figure included a $164 million goodwill impairment; excluding it, EPS rose 30% from $0.44, and the company attributed higher revenue mainly to fuel surcharges along with higher volume and pricing. Fuel costs rose $170 million, and operating measures such as dwell time and trip plan performance worsened.
Key points
- Operating income was $1.57 billion, up 44%, and operating margin was 39.1% versus 30.3%.
- Total volume was 1.69 million units, up 5%, with intermodal volume up 7%.
- Fuel expense rose $170 million, mostly due to a 67% increase in locomotive fuel prices.
- Average dwell rose to 10.6 hours from 9.5 hours, and carload trip plan performance fell to 73% from 83%.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.
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.