Earnings call transcript: Radiant Logistics tops Q4 2026 forecasts, shares jump

Radiant Logistics reported a strong fourth-quarter performance, exceeding Wall Street expectations. The company's diluted earnings per share (EPS) came in at $0.15, significantly outpacing the analyst consensus of $0.06. Revenue for the quarter totaled $261.4 million, marking an 18.5% increase compared to the previous year's $220.6 million.

This revenue growth surpassed expectations by nearly $29.8 million. Fourth-quarter revenue saw an 18.5% rise, while adjusted EBITDA increased by 31.6%. Management attributed the positive results to improving domestic freight conditions and industry-wide trends. The company entered fiscal 2027 with no net debt and an expanded credit facility that enhanced acquisition capacity.

Radiant's full-year revenue growth was 3.5%, reaching $934.4 million, while net income rose by 8.7% to $18.786 million. Adjusted EBITDA, however, fell by 5.4% to $36.684 million, reflecting ongoing challenges in the freight market. CEO Bohn Crain highlighted a broader recovery in freight conditions, particularly in domestic brokerage and intermodal services, describing the market as setting up for a durable and long-term recovery.

CFO Todd Macomber noted that market trends are showing a stronger trend than in previous years. Radiant's full-year adjusted EBITDA margin improved by 240 basis points, and diluted EPS increased from $0.10 to $0.15. The company expects organic growth to improve beyond the 8% pace seen in Q4.