CSX Corporation reported second quarter 2026 results with record quarterly revenue of $3.94 billion, a 10% year-over-year increase. Net earnings of $1.00 billion, or $0.54 per diluted share, represented a 21% increase compared to the same period in 2025. Operating income of $1.51 billion rose 17% year-over-year, with an operating margin of 38.3%. Total volume of 1.68 million units increased 6% year-over-year. CSX is a transportation company providing rail, intermodal, and rail-to-truck transload services.

CSX Corporation announced the immediate departure of Executive Vice President and Chief Digital & Technology Officer Stephen Fortune, with Steve Watkins assuming his responsibilities. Additionally, the Board of Directors authorized a new $5 billion share repurchase program, augmenting the approximately $989 million remaining under the company's existing program.

CSX Corporation announced that Kevin S. Boone has been appointed Executive Vice President and Chief Financial Officer, effective October 29, 2025, succeeding Sean R. Pelkey. Additionally, the company promoted Maryclare T. Kenney to the position of Senior Vice President and Chief Commercial Officer, effective immediately.

CSX Corporation completed a public offering of $300 million in 5.050% Notes due 2035 on October 23, 2025. These notes will form a single series with the company's existing 5.050% Notes due 2035, which were initially issued for $600 million in March 2025.