NSC Q2 2026 Earnings — Income Statement Breakdown

For its Q2 2026 period (ending 2026-06-30), NSC reported revenue of $3.5B, gross profit of $1.1B (32.4% gross margin), operating income of $1.1B, and net income of $734M (21.2% net margin). The flow of revenue into costs and profit is visualized below.

What changed

NSC was profitable; revenue grew 11.7% quarter over quarter.

ComparisonRevenueNet incomeNet margin
Year over yearNot availableNot availableNot available
Quarter over quarter+11.7%+3.2%−1.7 pp

Consensus estimate data is not available for this report.

NSC Q2 2026 Income Statement

NSC Q2 2026 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$3.5B100%
Cost of Revenue−$2.3B67.6%
Gross Profit$1.1B32.4%
Research & Development0.0%
Selling, General & Administrative0.0%
Operating Income$1.1B32.4%
Interest Expense−$197M5.7%
Other Income, net$32M0.9%
Income Tax Expense−$225M6.5%
Net Income$734M21.2%

Source: NSC filings on SEC EDGAR (period ended 2026-06-30). Data normalized by EarningsFyi.