Q3 FY2026 · ended Sep 30, 2026 · Revenue $3.53B, +13.6% YoY · Filed Oct 22, 2026
Norfolk Southern Corp (NSC) files with the SEC under industry code 4011, Railroads, Line-Haul Operating. In Q3 of fiscal 2026, the quarter ended Sep 30, 2026, it reported revenue of $3.5 billion and net income of $759.0 million. Free cash flow was $736.0 million. As of Sep 30, 2026 it held $5.8 billion in cash and investments and $16.0 billion in total debt.
Revenue
$3.53B
+13.6% vs year-ago quarter
Net income
$759.00M
+6.8% vs year-ago quarter
Operating cash flow
$1.32B
+4.0% vs year-ago quarter
Free cash flow
$736.00M
+2.2% vs year-ago quarter
EPS
$3.37
+6.6% vs year-ago quarter
Dividend per share
$1.35
+0.0% vs year-ago quarter
Shares outstanding
224.62M
+0.1% vs year-ago quarter
Net cash
$-10.18B
Q3 FY2026
Operating margin
31.5%
TTM
Company profile
- Industry
- Railroads, Line-Haul Operating (SIC 4011)
- Listed as
- NSC (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- VA
- Headquarters
- Atlanta, GA
- SEC filer status
- Large accelerated filer
- SEC CIK
- 702165
Other Railroads, Line-Haul Operating companies
Key figures
Fiscal-year totals from the annual reports; switch to Annual for the full-year view. Balance sheet lines are as of each year end.
| Line | Q3 FY2026 Sep 30, 2026 |
Q2 FY2026 Jun 30, 2026 |
Q1 FY2026 Mar 31, 2026 |
Q4 FY2025 Dec 31, 2025 |
Q3 FY2025 Sep 30, 2025 |
|---|---|---|---|---|---|
| Revenue | $3.5B | $3.5B | $3.0B | $3.0B | $3.1B |
| Operating income | $1.1B | $1.1B | $877.0M | $937.0M | $1.1B |
| Net income | $759.0M | $734.0M | $547.0M | $644.0M | $711.0M |
| Diluted EPS | $3.37 | $3.26 | $2.43 | $2.86 | $3.16 |
| Operating cash flow | $1.3B | $1.1B | $344.0M | $1.1B | $1.3B |
| Free cash flow | $736.0M | $615.0M | -$38.0M | $334.0M | $720.0M |
| Total assets | $45.9B | $45.1B | $45.1B | $45.2B | $44.6B |
| Total liabilities | $29.2B | $28.9B | $29.3B | $29.7B | $29.4B |
| Stockholders' equity | $16.7B | $16.3B | $15.8B | $15.5B | $15.1B |
| Cash and investments | $5.8B | $5.2B | $5.5B | $5.6B | $5.5B |
| Total debt | $16.0B | $16.0B | $16.5B | $17.3B | $16.5B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 22, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Oct 22, 2026 | Oct 22, 2026 |
| 10-Q | Quarterly report | Jul 23, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Jul 23, 2026 | Jul 23, 2026 |
| 8-K |
Current report
Officer or director change, Regulation FD disclosure
|
Jun 1, 2026 | May 31, 2026 |
| 8-K |
Current report
Shareholder vote results
|
May 8, 2026 | May 8, 2026 |
All 1005 Norfolk Southern Corp SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.