AI English summary of an SEC filing — figures as filed
CSX CSXCSX said operating income for Q3 was $1.1 billion, down $267 million or 20% year over year, and operating margin was 30.3%, down 710 basis points. Earnings per diluted share were $0.37, down $0.09 or 20% year over year.
Key points
AI summaryCSX said operating income for Q3 was $1.1 billion, down $267 million or 20% year over year, and operating margin was 30.3%, down 710 basis points. Earnings per diluted share were $0.37, down $0.09 or 20% year over year.
The company said expenses for Q3 were $2.5 billion, up $235 million or 10%, and Quality Carriers goodwill impairment was $164 million. The company excluded this non-cash impairment from adjusted measures.
CSX said total revenue for Q3 decreased 1% year over year, citing decreases in export coal revenue, including the impact of lower benchmark rates, and declines in merchandise volume. Increases in other revenue, higher merchandise pricing and intermodal volume growth partially offset these decreases.
The company generated $632 million less cash from operating activities in the 9 months of 2025, citing the payment of previously postponed taxes of $429 million as a factor. Cash used for investing activities increased $423 million, with property additions related to rebuilding the Blue Ridge subdivision totaling approximately $440 million.
Key figures
Quarter ended September 30, 2025
- Revenue
- $3.6B
- Operating income
- $1.1B
- Net income
- $694M
- EPS
- $0.37
From the XBRL financial data filed with the SEC · not processed by AI.
Summary
AI-writtenAnalysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.
Q3 Operating Income $1.1 billion, Operating Margin 30.3%
CSX said operating income for Q3 was $1.1 billion, down $267 million or 20% year over year, and operating margin was 30.3%, down 710 basis points. Earnings per diluted share were $0.37, down $0.09 or 20% year over year.
Source · Based on the MD&A text of the filing
Q3 Quality Carriers Goodwill Impairment $164 million
The company said expenses for Q3 were $2.5 billion, up $235 million or 10%, and Quality Carriers goodwill impairment was $164 million. The company excluded this non-cash impairment from adjusted measures.
Source · Based on the MD&A text of the filing
Q3 Total Revenue Down 1%, Factors Cited
CSX said total revenue for Q3 decreased 1% year over year, citing decreases in export coal revenue, including the impact of lower benchmark rates, and declines in merchandise volume. Increases in other revenue, higher merchandise pricing and intermodal volume growth partially offset these decreases.
Source · Based on the MD&A text of the filing
9-Month Cash Flow and Blue Ridge Rebuild Investment
The company generated $632 million less cash from operating activities in the 9 months of 2025, citing the payment of previously postponed taxes of $429 million as a factor. Cash used for investing activities increased $423 million, with property additions related to rebuilding the Blue Ridge subdivision totaling approximately $440 million.
Source · Based on the MD&A text of the filing
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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