Kirby

Q2 FY2026 EarningsQ2 FY2026 results delivered a beat on both top and bottom lines: revenue reached $922.4M vs. $871.6M expected, and normalized EPS of $1.67 exceeded the $1.63 mean consensus. While Marine Transportation revenue rose 9% YoY due to higher term pricing, segment operating income fell 11% as rapidly rising fuel costs from the Iran conflict outpaced contractual escalation lags. Distribution and Services showed resilience with an 8% increase in operating income, driven by strong data center and marine repair demand.