NS
NSC
Year ended Dec 31, 2025 · FY2025 10-K

Norfolk Southern (NSC) 10-K Summary — Year Ended Dec 31, 2025

Norfolk Southern Corporation filed its annual report for the most recent fiscal year. The filing provides financial metrics showing relatively flat revenue and reports operating income, net income, and operating cash flow.

Key takeaway

Year ended Dec 31, 2025 · FY2025 10-K

Norfolk Southern Corporation filed its annual report for the most recent fiscal year. The filing provides financial metrics showing relatively flat revenue and reports operating income, net income, and operating cash flow.

Financial snapshot

Selected annual figures reported with the filing, shown separately from the narrative summary.

Annual revenue

$12.2B

Revenue reported for the fiscal year.

Operating income

$4.4B

Income from operations reported for the year.

Net income

$2.9B

Net income reported for the year.

Operating cash flow

$4.4B

Cash generated by operating activities.

Annual revenue trend

Reported annual revenue and its change from the preceding fiscal year.

Period endedRevenueYear-over-year change
Dec 31, 2022$12.7B+14.4%
Dec 31, 2023$12.2B-4.6%
Dec 31, 2024$12.1B-0.3%
Dec 31, 2025$12.2B+0.5%

Business overview

The supplied filing context does not contain a description of the company's business.

Financial performance

Revenue has been relatively flat over the past few years, with a slight increase in the most recent period. The company reported operating income, net income, and operating cash flow for the year.

Material risks

The supplied filing context includes a reference to risk factors but does not provide specific risk descriptions.

Liquidity and capital

No details on liquidity or capital allocation themes are provided in the supplied sections.

What to watch

Readers should monitor whether the company can sustain or improve revenue growth in the next filing.