---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-175084"
form_type: "8-K"
ticker: "NSC"
cik: "0000702165"
company_name: "NORFOLK SOUTHERN CORP"
filed_at: "2026-04-24T23:59:59+00:00"
generated_at: "2026-05-15T04:19:37.222568+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Norfolk Southern Q1 EPS $2.43 (-27% YoY); operating ratio 70.7%

## Summary
- Railway operating revenues $3.0B flat YoY; volume down 1%.
- Reported diluted EPS $2.43, down $0.88 or 27% vs Q1 2025.
- Income from railway operations $877M, down $269M or 23% YoY; operating ratio 70.7% vs 61.7%.
- Adjusted EPS (excl. Eastern Ohio and merger costs) $2.65, down 1% YoY.
- Merger-related expenses $52M; Eastern Ohio net expense $10M vs $185M recovery in prior year.

## SEC filing metadata
- accession: 0001193125-26-175084
- form_type: 8-K
- ticker: NSC
- cik: 0000702165
- company_name: NORFOLK SOUTHERN CORP
- filed_at: 2026-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/702165/000119312526175084/0001193125-26-175084-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/702165/000119312526175084/nsc-20260424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-175084
- JSON: https://secwatch.observer/filing/0001193125-26-175084.json
- Plain text: https://secwatch.observer/filing/0001193125-26-175084.txt

## Key facts
- Earnings Releases
  NORFOLK SOUTHERN CORP reported first quarter 2026 results: revenue $3.0 billion, net income $547 million, EPS $2.43.
  - Period: first quarter 2026
  - Revenue: $3.0 billion
  - Net income: $547 million
  - EPS: $2.43
  - Result: reported results
  source text: a dynamic first quarter ATLANTA, April 24, 2026 – Norfolk Southern Corporation (NYSE: NSC) announced Friday its first quarter 2026 financial results. In the quarter, revenue was $3.0 billion, income from railway operations was $877 million, operating ratio was 70.7%, and diluted earnings per share were $2.43. Adjusting the results to exclude merger-related expenses
  evidence_url: https://www.sec.gov/Archives/edgar/data/702165/000119312526175084/0001193125-26-175084-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.