Norfolk Southern Corporation

Industrials · Railroads

316.20$ -0.4% vs. previous close Closing price · As of: Oct 5, 2026

Statements

Income Statement

Norfolk Southern Corporation (NSC) by the numbers: income statement, balance sheet and cash flow, by year or by quarter. In the most recent period (Q2 26), "Revenue" came in at 3,465 million USD. Tick rows to compare them in a chart.

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Amounts Change % Common size % Per share

Last 12 Full history

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All figures in millions of USD.

Tick rows to compare them in a chart (up to 4)

Income Statement NSC
Line item	Q3 16	Q4 16	Q1 17	Q2 17	Q3 17	Q4 17	Q1 18	Q2 18	Q3 18	Q4 18	Q1 19	Q2 19	Q3 19	Q4 19	Q1 20	Q2 20	Q3 20	Q4 20	Q1 21	Q2 21	Q3 21	Q4 21	Q1 22	Q2 22	Q3 22	Q4 22	Q1 23	Q2 23	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	LTM
Revenue	2,524	2,490	2,575	2,637	2,670	2,669	2,717	2,898	2,947	2,896	2,840	2,925	2,841	2,690	2,625	2,085	2,506	2,573	2,639	2,799	2,852	2,852	2,915	3,250	3,343	3,237	3,132	2,980	2,971	3,073	3,004	3,044	3,051	3,024	2,993	3,110	3,103	2,974	2,998	3,465	12,540
Cost of Revenue	1,704	1,729	1,802	1,765	1,775	1,671	1,882	1,872	1,927	1,818	1,874	1,860	1,877	1,728	1,672	1,475	1,666	1,589	1,628	1,699	1,721	1,729	1,836	2,007	2,088	2,081	2,424	2,423	2,223	2,278	2,692	1,941	1,795	1,931	2,055	2,006	2,074	877	1,707	1,149	5,807
Gross Profit	820	761	773	872	895	998	835	1,026	1,020	1,078	966	1,065	964	962	953	610	840	984	1,011	1,100	1,131	1,123	1,079	1,243	1,255	1,156	708	557	748	795	312	1,103	1,256	1,093	938	1,104	1,029	2,097	1,291	2,316	6,733
Research & Development	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Selling, General & Administrative	36	49	40	35	39	2.0	47	38	46	45	49	50	48	147	1,173	737	761	740	762	77	77	727	790	786	898	860	1,289	1,314	91	–	–	–	92	96	97	111	105	753	–	–	–
Total Operating Expenses	50	215	78	78	40	167	206	61	61	56	190	60	95	130	52	49	52	153	52	-7.0	43	129	60	38	22	207	212	205	2,215	6,673	808	13	-383	50	105	1,935	1,914	1,160	414	1,192	4,680
Operating Income	820	761	773	872	895	998	835	1,026	1,020	1,078	966	1,065	964	962	953	610	840	984	1,011	1,100	1,131	1,123	1,079	1,243	1,255	1,156	708	557	748	795	312	1,103	1,256	1,093	938	1,104	1,029	937	877	1,124	3,967
Interest Expense	144	142	142	140	134	134	136	131	142	148	149	153	150	152	154	156	155	160	156	161	164	165	168	170	177	177	175	170	182	195	201	204	203	199	199	201	197	195	197	197	786
Pre-Tax Income	705	641	655	780	800	893	707	924	908	930	861	934	868	828	436	503	724	867	866	1,041	986	985	912	1,087	1,093	1,038	592	463	614	651	30	944	1,427	928	978	998	924	765	715	959	3,363
Income Tax Expense	245	225	222	283	294	-3,075	155	214	206	228	184	212	211	162	55	111	155	196	193	222	233	225	209	268	135	248	126	107	136	124	-23	207	328	195	228	230	213	121	168	225	727
Net Income	460	416	433	497	506	3,968	552	710	702	702	677	722	657	666	381	392	569	671	673	819	753	760	703	819	958	790	466	356	478	527	53	737	1,099	733	750	768	711	644	547	734	2,636
EBITDA	1,108	1,042	1,057	1,184	1,198	1,294	1,115	1,328	1,326	1,359	1,293	1,371	1,304	1,265	882	941	1,172	1,314	1,314	1,496	1,447	1,448	1,382	1,561	1,576	1,524	1,088	954	1,122	1,176	568	1,483	1,969	1,469	1,523	1,545	1,469	1,313	1,194	1,442	5,418

LTM = last twelve months (sum of the four most recent quarters).

Showing the most recent 40 periods — older statements are on file for this stock.

Data as of: October 5, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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