From The Motley Fool · Motley Fool Transcribing · · 3m
C.H. Robinson Q3 2026 Earnings Report
C.H. Robinson reports 29.5% revenue growth and 40.3% operating margin in Q3 2026.
In brief
C.H. Robinson reports 29.5% revenue growth and 40.3% operating margin in Q3 2026. C.H. Robinson achieved 29.5% revenue growth and 40.3% operating margin in Q3 2026 through lean operations and AI technology. Originally reported by The Motley Fool.
Q3 Revenue Growth
Total revenues reached $5.4 billion, a 29.5% increase primarily from higher pricing in truckload, ocean, and less-than-truckload services.
Net Income Increase
Net income rose to $198.5 million, a 21.8% increase compared to $163.0 million in the prior year period.
Adjusted EPS Growth
Adjusted diluted EPS reached $1.80, a 28.6% increase driven by disciplined revenue management and gross profit optimization.
NAST Revenue Performance
NAST revenue grew to $3.8 billion, a 29.1% increase driven by market share gains and higher pricing in truckload and LTL modes.
NAST Volume Growth
NAST volume grew 3.5% year over year, outperforming the Cass Freight Shipment Index for the 14th consecutive quarter.
Truckload AGP Per Shipment
Truckload AGP per shipment increased 17.0%, reflecting successful repricing of contractual portfolios and capture of transactional volumes at higher margins.
LTL Adjusted Gross Profit
LTL adjusted gross profit reached $171.4 million, an 8.3% increase driven by a 4.0% rise in adjusted gross profit per order and 3.5% volume growth.
NAST Operating Margin
NAST operating margin reached 40.3% on an adjusted basis, an increase of 110 basis points year over year reflecting productivity gains.
Global Forwarding Revenue
Global forwarding revenue grew to $1.1 billion, a 46.1% increase driven by higher pricing in ocean and air services.
Ocean Adjusted Gross Profit
Ocean adjusted gross profit reached $136.1 million, a 23.2% increase from a 20.5% rise in profit per shipment and 2.0% volume growth.
Air Adjusted Gross Profit
Air adjusted gross profit reached $43.6 million, a 22.6% increase despite a 4.0% decline in tonnage.
Global Forwarding Operating Margin
Global forwarding operating margin reached 36.6% on an adjusted basis, representing a 660 basis point expansion year over year.
Total Adjusted Gross Profit
Total adjusted gross profit reached $808.4 million, a 14.5% increase driven by growth across major transportation modes.
SG&A Expenses
Total SG&A expenses increased to $176.3 million, a 29.7% rise primarily from higher claims expenses and $12.5 million real estate impairment.
Headcount Reduction
Average employee headcount decreased 10.4% year over year to 11,253 through productivity gains and agentic ai workflows.
Shipments Per Person
Shipments per person per day increased 15.0%, driven by automation of manual processes through agentic ai workflows.
The bottom line
C.H. Robinson achieved 29.5% revenue growth and 40.3% operating margin in Q3 2026 through lean operations and AI technology.
