Q3 FY26 · Ended Sep 30, 2026 · View SEC filing
Carrier costs outran prices, yet profit per load rose
The take is a dollar spread on a bigger ticket, so operating income rose 23.1% even as cost per mile outpaced price.
For investorsWhat profit per load depends on as spot rates ease
For foundersGrowing volume with a smaller team: the automation playbook
Personnel costs grew 3.15% against revenue's 29.52%, with fewer staff handling more loads, so more of the wider spread reached operating income.
Global Forwarding earned 7.0% on its revenue against 5.3% at NAST, as disrupted ocean and air capacity lifted rates.
Higher freight prices tied up working capital, so operating cash flow fell by more than half while net income rose.
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Business Lens describes C.H. Robinson from its own filings with the SEC. It is not a view on its shares, a target, or advice to buy, sell or hold anything; figures are as filed and may be restated by the company later. The filing is linked above.
