Norfolk Southern (NSC) Revenue — Quarter Ended Dec 31, 2025
Revenue for the quarter declined compared to both the prior quarter and the same quarter last year. The decrease reflects a continuation of the softer trend seen in the final period of the fiscal year.
Key takeaway
Quarter ended Dec 31, 2025 · FY2025 Q4
Revenue for the quarter declined compared to both the prior quarter and the same quarter last year. The decrease reflects a continuation of the softer trend seen in the final period of the fiscal year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3B
Revenue reported for this quarter.
Quarter-over-quarter
-4.2%
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 |
|---|---|---|
| Mar 31, 2025 | $3B | -0.4% |
| Jun 30, 2025 | $3.1B | +2.2% |
| Sep 30, 2025 | $3.1B | +1.7% |
| Dec 31, 2025 | $3B | -1.7% |
Revenue performance
Reported revenue moved lower from the immediately preceding quarter, reversing the sequential gains seen in the middle two quarters of the year.
Quarterly comparison
Compared with the same quarter one year earlier, revenue also contracted, marking a year-over-year decline that aligns with the negative trend observed in the current quarter.
What to watch
The sequential decline after two quarters of growth may warrant attention to demand or pricing dynamics in the near term.