C.H. Robinson Q3 FY2026: revenue up 29.5%, adjusted EPS $1.80
C.H. Robinson's third quarter was a margin story dressed as a growth story: revenue rose 29.5% to $5.36 billion, but gross profit rose only 15.0%, and adjusted EPS of $1.80 landed a penny above the $1.787 consensus while GAAP EPS of $1.67 fell short. Read the top line as pass-through pricing and the profit lines as the real result.
1 · Expected vs. Actual
Free preview belowGAAP EPS of $1.67 rose 24.6% but came in below the $1.787 consensus, while adjusted EPS of $1.80 rose 28.6% and beat by roughly $0.01. The $0.13 gap between the two is mostly $0.14 of restructuring and $0.02 of acquisition costs, partly offset by a $0.03 tax effect. Adjusted income from operations rose 26.1% to $290.8 million and adjusted operating margin expanded 230 basis points to 33.6%.
Revenue of $5.36 billion rose 29.5% year over year, but mostly because rates rose: truckload linehaul rate per mile charged to customers climbed about 31.5% while cost per mile rose 33.5%. Gross profit grew 15.0% to $795.6 million and adjusted gross profit 14.5% to $808.4 million, so gross margin fell to 15.1% from 16.7% a year ago. NAST revenue rose 29.1% to $3.83 billion and Global Forwarding 46.1% to $1.15 billion.
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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 2026-11-03
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