Norfolk Southern (NSC) Revenue — Quarter Ended Sep 30, 2025
Revenue for the quarter edged lower compared to the immediately preceding period but remained above the level reported a year earlier. The sequential decline was marginal, while the year-over-year growth was modest.
Key takeaway
Quarter ended Sep 30, 2025 · FY2025 Q3
Revenue for the quarter edged lower compared to the immediately preceding period but remained above the level reported a year earlier. The sequential decline was marginal, while the year-over-year growth was modest.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.1B
Revenue reported for this quarter.
Quarter-over-quarter
-0.2%
Change from the immediately preceding quarter.
Year-over-year
+1.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$12.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2024 | $3B | -1.6% |
| Mar 31, 2025 | $3B | -0.4% |
| Jun 30, 2025 | $3.1B | +2.2% |
| Sep 30, 2025 | $3.1B | +1.7% |
Revenue performance
The reported revenue for the quarter was slightly below the prior quarter's figure, indicating a minor sequential contraction. Year-over-year, revenue increased, reflecting a positive comparison with the same period last year.
Quarterly comparison
Compared to the preceding quarter, revenue decreased fractionally. Against the same quarter one year ago, revenue was higher.
What to watch
The sustainability of the year-over-year revenue growth and the direction of sequential changes will be key items to follow in upcoming reports.