CSX reported record second-quarter 2026 revenue of $3.94 billion in an SEC 8-K filing on July 22 (local time), and shares rose 0.08% to $49.93 on July 23.
📊 Price at Time of Writing (July 23, 2026, 05:04 KST)
$49.93 ▲ +0.08%
This Quarter's Results at a Glance
CSX's second-quarter revenue and profit both grew sharply year-over-year, driven by higher shipping volumes alongside fuel surcharges (fees that pass fuel cost increases on to customers) and freight rate hikes.
- Revenue: $3.94 billion, up 10% year-over-year — a record quarterly high
- Earnings per share (EPS): $0.54, up 23% from $0.44 a year earlier (comparison against Wall Street estimates was not disclosed)
- Operating income: $1.51 billion, up 17% year-over-year
- Net income: $1.00 billion, up 21% from $829 million a year earlier
- Operating margin: 38.3%, up 2.4 percentage points (240bp) from a year earlier
- Volume: 1.68 million units, up 6% year-over-year, with intermodal (combined truck-and-rail shipping) leading growth at 9%
Market Reaction
CSX Chief Executive Officer Steve Angel said in the earnings release that the railroad's operating team absorbed a large increase in volume while maintaining safety and productivity, which drove the improved financial results. He added that CSX would strengthen service execution in the second half to sustain business-wide momentum. The morning after the earnings release, on July 23 (Korea time), CSX shares rose just 0.08% to $49.93. Ahead of the report, outlets including Yahoo Finance and 24/7 Wall St. had run stories comparing whether CSX or GE Vernova would post the stronger results.
This article was automatically generated based on the original SEC 8-K filing and outside media reports, with the goal of quickly delivering key data immediately after the announcement. Readers are advised to review the company's official filing before making trading decisions. The quoted price reflects the time of writing and may differ from the current price.
