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CSX Corp. has released its results for the first quarter of 2026, reporting an operating income of $1.25 billion. The net income was $807 million, corresponding to earnings of $0.43 per diluted share. Compared to the first quarter of 2025, when the company achieved an operating income of $1.04 billion and a net income of $646 million ($0.34 per diluted share), there is a significant increase, as the company states.
Revenue and volume development
The total volume of 1.56 million units in the first quarter of 2026 was 3% above the value of the same quarter last year. Revenue amounted to $3.48 billion, representing a 2% increase compared to the previous year. This revenue growth was influenced by several factors, including higher commodity prices and growth in intermodal volume. Additionally, CSX reported higher revenues from the domestic coal business as well as increased fuel surcharges. However, these positive developments were partially offset by a decline in export coal revenues.
