C.H. Robinson Q2 2026: EPS up 23.8% as margins hit mid-cycle targets
C.H. Robinson beat the $1.555 consensus EPS estimate with diluted EPS of $1.56, up 23.8%, as revenue rose 19.3% to $4.93 billion and adjusted operating margin expanded 360 basis points to 34.7%. The blemish is cash: operating cash flow fell $191.2 million to $35.9 million. Read the quarter as a genuine margin-led beat, but check working capital and the buyback.
1 · Expected vs. Actual
Free preview belowGAAP diluted EPS of $1.56 rose 23.8% and adjusted diluted EPS of $1.61 rose 24.8%, just clearing the $1.555 consensus estimate. Margin did the work: adjusted operating margin of 34.7% was up 360 basis points, and the diluted share count fell 1.1%. That is operating leverage, not a one-off gain.
Revenue of $4.93 billion rose 19.3% from $4.14 billion a year ago, but almost all of it came from price rather than freight volume: NAST truckload and LTL volume grew only 1.5%. Gross profit, the number that actually pays the bills, rose just 6.8% to $725.9 million. Treat this as a pricing quarter, not a demand recovery.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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