---
title: "NORFOLK SOUTHERN CORP 2Q 2026: Revenue $3.47B, EPS $3.26— 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293642024.md"
description: "Norfolk Southern reported Q2 2026 revenue of $3.47B, up 11.4% YoY, driven by higher volumes and intermodal growth. However, net income fell 4.4% to $734M due to an 85% surge in fuel costs, resulting in diluted EPS of $3.26. The company also disclosed a merger agreement with Union Pacific to create a transcontinental network."
datetime: "2026-07-23T15:41:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293642024.md)
  - [en](https://longbridge.com/en/news/293642024.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293642024.md)
generator: "portal-rs"
---

# NORFOLK SOUTHERN CORP 2Q 2026: Revenue $3.47B, EPS $3.26— 10-Q Summary

NORFOLK SOUTHERN CORP reported results for the quarter ended 2026 with revenue of $3.47B, up 11.4% from $3.11B a year earlier, while net income was $734M, down (4.4%) and diluted EPS declined to $3.26 from $3.41 in the prior-year quarter — as disclosed in the company's 10-Q filing.

**Financial Highlights**

Metric

Current quarter

Prior year quarter

YoY change

Revenue¹

$3.47B

$3.11B

11.4%

Net income²

$734M

$768M

(4.4%)

Diluted EPS³

$3.26

$3.41

(4.4%)

*¹ Reported as “Railway operating revenues”. ² Reported as “Net income”. ³ Reported as “Diluted earnings per share”.*

**Business Highlights**

-   Revenue growth was driven by higher average revenue per unit and increased volumes; railway operating revenues rose 11% for the quarter and 6% year to date.
-   Intermodal saw a strong channel shift, with intermodal revenue up 22% in the quarter and domestic intermodal volumes rising about 11%, reflecting heightened truck‑constrained demand.
-   Chemicals and export coal led commodity gains (chemicals +18% Q2; export coal +25% Q2), supporting higher unit revenue.
-   Fuel costs increased sharply, with fuel expense up 85% in the quarter and corresponding growth in fuel‑surcharge revenue.
-   The company entered a Merger Agreement with Union Pacific to create a transcontinental network; integration-related costs are ongoing.

Original SEC Filing: NORFOLK SOUTHERN CORP \[ NSC \] - 10-Q - Jul. 23, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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- [Stevens Capital Partners Acquires Shares of 36,270 Union Pacific Corporation $UNP](https://longbridge.com/en/news/296468730.md)
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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**