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What changed in Norfolk Southern Corp's latest annual report

In the year ended 31 Dec 2025, Norfolk Southern Corp's revenue rose 0.5% to USD 12.18bn, from USD 12.12bn; net income rose 9.6% to USD 2.87bn, from USD 2.62bn; shareholders' equity rose 8.7% to USD 15.55bn, from USD 14.31bn.

Year ended 31 Dec 2025. Source: 10-K filed 9 Feb 2026, read it on SEC EDGAR.

USD 12.12bn to USD 12.18bn

Revenue, up 0.5% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue12.12bn12.18bnUp 0.5%
Net income2.62bn2.87bnUp 9.6%
Total assets43.68bn45.24bnUp 3.6%
Total liabilities29.38bn29.69bnUp 1.1%
Cash and cash equivalents1.64bn1.53bnDown 6.8%
Shareholders' equity14.31bn15.55bnUp 8.7%

Questions people ask

Did Norfolk Southern Corp's revenue grow last year?

Revenue grew 0.5%, from USD 12.12bn to USD 12.18bn in the year ended 31 Dec 2025.

Is Norfolk Southern Corp profitable?

Yes. Net income was USD 2.87bn in the year ended 31 Dec 2025. The year before: USD 2.62bn.

How much cash and debt does Norfolk Southern Corp have?

At its latest year end (31 Dec 2025), Norfolk Southern Corp reported cash and cash equivalents of USD 1.53bn.

Where do these numbers come from?

From Norfolk Southern Corp's own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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Norfolk Southern Corp (NSC) 10-K: what changed year on year | LYNORIQ Insights